SUB AQUA TECHNOLOGY SAT AS

5022 BERGEN

Finances

Return on Equity

19,62 %

Current Ratio

0,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 869 000	2 532 000	4 125 000	2 388 000
Net Income	1 366 000	893 000	1 805 000	231 000
Total Assets	7 419 000	8 664 000	8 343 000	11 496 000
Total Equity	6 963 000	6 441 000	7 319 000	6 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 869 000	2 532 000	4 125 000	2 388 000
Expenditure	1 619 000	1 415 000	1 682 000	1 999 000
Operating Profit	1 250 000	1 117 000	2 442 000	390 000
Financial Income	0	73 000	0	0
Financial Costs	3 000	26 000	128 000	94 000
Financial Balance	−3 000	47 000	−128 000	−94 000
Earnings Before Tax	1 247 000	1 164 000	2 314 000	296 000
Tax	−119 000	271 000	509 000	65 000
Net Income	1 366 000	893 000	1 805 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 145 000	6 159 000	6 280 000	9 341 000
Total Current Assets	274 000	2 506 000	2 062 000	2 155 000
Total Assets	7 419 000	8 664 000	8 343 000	11 496 000
Total Retained Equity	6 863 000	6 341 000	7 219 000	6 014 000
Total Equity	6 963 000	6 441 000	7 319 000	6 114 000
Total Long-Term Debt	0	494 000	634 000	462 000
Total Current Debt	455 000	1 729 000	389 000	4 919 000
Total Equity and Debt	7 419 000	8 664 000	8 343 000	11 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 150 000	1 755 000	4 463 000	519 000
Other Income	719 000	777 000	−338 000	1 870 000
Revenue	2 869 000	2 532 000	4 125 000	2 388 000
Cost of Goods Sold	0	0	200 000	47 000
Salary Costs	852 000	727 000	845 000	896 000
Depreciation	45 000	133 000	169 000	187 000
Impairment	0	0	0	0
Expenditure	1 619 000	1 415 000	1 682 000	1 999 000
Operating Profit	1 250 000	1 117 000	2 442 000	390 000
Financial Income	0	73 000	0	0
Financial Costs	3 000	26 000	128 000	94 000
Financial Balance	−3 000	47 000	−128 000	−94 000
Dividends	844 000	1 771 000	600 000	978 000
Net Income	1 366 000	893 000	1 805 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 911 000
Machinery and Plant Facilities	87 000	0	0	0
Fixtures	26 000	159 000	292 000	461 000
Total Tangible Assets	114 000	159 000	292 000	2 372 000
Total Fiancial Fixed Assets	7 031 000	6 000 000	5 989 000	6 969 000
Total Fixed Assets	7 145 000	6 159 000	6 280 000	9 341 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	436 000	1 019 000	0	0
Total Current Assets	274 000	2 506 000	2 062 000	2 155 000
Total Assets	7 419 000	8 664 000	8 343 000	11 496 000
Total Equity	6 963 000	6 441 000	7 319 000	6 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	494 000	634 000	462 000
Creditors	−279 000	27 000	423 000	177 000
Unpaid Taxes	73 000	1 567 000	1 105 000	170 000
Dividends	844 000	1 771 000	600 000	978 000
Other Current Debt	286 000	−455 000	−1 287 000	2 916 000
Total Current Debt	455 000	1 729 000	389 000	4 919 000
Total Equity and Debt	7 419 000	8 664 000	8 343 000	11 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,62 %	13,86 %	24,66 %	3,78 %
Debt-to-Equity Ratio	0	0,08	0,09	0,08
Operating Profit Margin	43,57 %	44,12 %	59,2 %	16,33 %
Current Ratio	0,6	1,45	5,3	0,44
Quick Ratio	0,6	1,45	5,3	0,44
Equity Ratio	0,94	0,74	0,88	0,53
Gross Profit Margin	100 %	100 %	95,15 %	98,03 %