SUBMERSIBLE TECHNOLOGY SERVICES AS

5009 BERGEN

Finances

Share Ownership

Return on Equity

−2,25 %

Current Ratio

145,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	52 000	61 000	97 000
Net Income	−26 000	127 000	34 000	53 000
Total Assets	1 163 000	1 193 000	1 062 000	1 039 000
Total Equity	1 156 000	1 182 000	1 054 000	1 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	52 000	61 000	97 000
Expenditure	11 000	9 000	33 000	36 000
Operating Profit	22 000	43 000	27 000	61 000
Financial Income	−42 000	94 000	14 000	7 000
Financial Costs	0	0	0	0
Financial Balance	−42 000	94 000	14 000	7 000
Earnings Before Tax	−20 000	137 000	41 000	68 000
Tax	6 000	10 000	7 000	15 000
Net Income	−26 000	127 000	34 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 163 000	1 193 000	1 062 000	1 039 000
Total Assets	1 163 000	1 193 000	1 062 000	1 039 000
Total Retained Equity	1 056 000	1 082 000	954 000	920 000
Total Equity	1 156 000	1 182 000	1 054 000	1 020 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	12 000	8 000	18 000
Total Equity and Debt	1 163 000	1 193 000	1 062 000	1 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	52 000	61 000	97 000
Other Income	0	0	0	0
Revenue	33 000	52 000	61 000	97 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	9 000	33 000	36 000
Operating Profit	22 000	43 000	27 000	61 000
Financial Income	−42 000	94 000	14 000	7 000
Financial Costs	0	0	0	0
Financial Balance	−42 000	94 000	14 000	7 000
Dividends	0	0	0	0
Net Income	−26 000	127 000	34 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	557 000	603 000	510 000	0
Cash, Bank	599 000	590 000	552 000	1 039 000
Total Current Assets	1 163 000	1 193 000	1 062 000	1 039 000
Total Assets	1 163 000	1 193 000	1 062 000	1 039 000
Total Equity	1 156 000	1 182 000	1 054 000	1 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	2 000	2 000	1 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 000	12 000	8 000	18 000
Total Equity and Debt	1 163 000	1 193 000	1 062 000	1 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,25 %	10,74 %	3,23 %	5,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,67 %	82,69 %	44,26 %	62,89 %
Current Ratio	145,38	99,42	132,75	57,72
Quick Ratio	145,38	99,42	132,75	57,72
Equity Ratio	0,99	0,99	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %