PRO SUBSEA AS

3243 KODAL

Finances

Share Ownership

Return on Equity

−71,54 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 013 000	3 348 000	5 525 000	1 145 000
Net Income	−714 000	−182 000	605 000	−245 000
Total Assets	1 895 000	2 123 000	3 977 000	3 196 000
Total Equity	998 000	1 712 000	1 894 000	1 288 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 013 000	3 348 000	5 525 000	1 145 000
Expenditure	1 705 000	3 476 000	5 789 000	1 367 000
Operating Profit	−692 000	−128 000	−264 000	−223 000
Financial Income	4 000	1 000	971 000	0
Financial Costs	25 000	55 000	101 000	22 000
Financial Balance	−21 000	−54 000	870 000	−22 000
Earnings Before Tax	−714 000	−182 000	605 000	−245 000
Tax	0	0	0	0
Net Income	−714 000	−182 000	605 000	−245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	403 000	450 000	828 000	1 636 000
Total Current Assets	1 492 000	1 673 000	3 149 000	1 560 000
Total Assets	1 895 000	2 123 000	3 977 000	3 196 000
Total Retained Equity	898 000	1 612 000	1 794 000	1 188 000
Total Equity	998 000	1 712 000	1 894 000	1 288 000
Total Long-Term Debt	0	0	253 000	1 356 000
Total Current Debt	896 000	411 000	1 831 000	552 000
Total Equity and Debt	1 895 000	2 123 000	3 977 000	3 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 013 000	3 321 000	5 533 000	1 138 000
Other Income	0	28 000	−7 000	7 000
Revenue	1 013 000	3 348 000	5 525 000	1 145 000
Cost of Goods Sold	398 000	1 205 000	4 063 000	54 000
Salary Costs	315 000	1 159 000	849 000	618 000
Depreciation	148 000	159 000	298 000	449 000
Impairment	0	0	0	0
Expenditure	1 705 000	3 476 000	5 789 000	1 367 000
Operating Profit	−692 000	−128 000	−264 000	−223 000
Financial Income	4 000	1 000	971 000	0
Financial Costs	25 000	55 000	101 000	22 000
Financial Balance	−21 000	−54 000	870 000	−22 000
Dividends	0	0	0	0
Net Income	−714 000	−182 000	605 000	−245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	68 000	0	0	0
Machinery and Plant Facilities	228 000	317 000	539 000	500 000
Fixtures	107 000	133 000	182 000	0
Total Tangible Assets	403 000	450 000	721 000	500 000
Total Fiancial Fixed Assets	0	0	107 000	1 137 000
Total Fixed Assets	403 000	450 000	828 000	1 636 000
Stock	1 094 000	1 232 000	1 225 000	1 260 000
Total Investments	0	0	0	0
Cash, Bank	9 000	32 000	83 000	21 000
Total Current Assets	1 492 000	1 673 000	3 149 000	1 560 000
Total Assets	1 895 000	2 123 000	3 977 000	3 196 000
Total Equity	998 000	1 712 000	1 894 000	1 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	253 000	1 356 000
Creditors	105 000	39 000	825 000	64 000
Unpaid Taxes	22 000	0	164 000	104 000
Dividends	0	0	0	0
Other Current Debt	300 000	372 000	609 000	344 000
Total Current Debt	896 000	411 000	1 831 000	552 000
Total Equity and Debt	1 895 000	2 123 000	3 977 000	3 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,54 %	−10,63 %	31,94 %	−19,02 %
Debt-to-Equity Ratio	0	0	0,13	1,05
Operating Profit Margin	−68,31 %	−3,82 %	−4,78 %	−19,48 %
Current Ratio	1,67	4,07	1,72	2,83
Quick Ratio	−7,54	−2,04	5,2	−2,2
Equity Ratio	0,53	0,81	0,48	0,4
Gross Profit Margin	60,71 %	64,01 %	26,46 %	95,28 %