SUBC SOLUTIONS AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

27,75 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 589 000	2 830 000	5 434 000	9 945 000
Net Income	1 223 000	−11 000	708 000	684 000
Total Assets	14 356 000	14 145 000	11 193 000	8 286 000
Total Equity	4 408 000	3 185 000	3 195 000	2 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 589 000	2 830 000	5 434 000	9 945 000
Expenditure	6 727 000	2 461 000	4 392 000	8 869 000
Operating Profit	1 862 000	368 000	1 042 000	1 077 000
Financial Income	8 000	5 000	15 000	14 000
Financial Costs	647 000	384 000	349 000	406 000
Financial Balance	−639 000	−379 000	−334 000	−392 000
Earnings Before Tax	1 223 000	−11 000	708 000	684 000
Tax	0	0	0	0
Net Income	1 223 000	−11 000	708 000	684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 107 000	7 306 000	5 382 000	2 197 000
Total Current Assets	7 248 000	6 839 000	5 811 000	6 090 000
Total Assets	14 356 000	14 145 000	11 193 000	8 286 000
Total Retained Equity	3 308 000	2 085 000	2 095 000	1 387 000
Total Equity	4 408 000	3 185 000	3 195 000	2 487 000
Total Long-Term Debt	3 027 000	2 889 000	1 560 000	1 531 000
Total Current Debt	6 922 000	8 071 000	6 437 000	4 268 000
Total Equity and Debt	14 356 000	14 145 000	11 193 000	8 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 539 000	2 188 000	5 148 000	9 945 000
Other Income	50 000	642 000	286 000	0
Revenue	8 589 000	2 830 000	5 434 000	9 945 000
Cost of Goods Sold	2 851 000	−27 000	990 000	6 243 000
Salary Costs	1 484 000	1 439 000	2 582 000	1 114 000
Depreciation	1 135 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 727 000	2 461 000	4 392 000	8 869 000
Operating Profit	1 862 000	368 000	1 042 000	1 077 000
Financial Income	8 000	5 000	15 000	14 000
Financial Costs	647 000	384 000	349 000	406 000
Financial Balance	−639 000	−379 000	−334 000	−392 000
Dividends	0	0	0	0
Net Income	1 223 000	−11 000	708 000	684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 041 000	7 306 000	5 382 000	2 197 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	0	0	0
Total Tangible Assets	67 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 107 000	7 306 000	5 382 000	2 197 000
Stock	5 156 000	4 331 000	3 535 000	4 283 000
Total Investments	0	0	0	0
Cash, Bank	296 000	330 000	360 000	355 000
Total Current Assets	7 248 000	6 839 000	5 811 000	6 090 000
Total Assets	14 356 000	14 145 000	11 193 000	8 286 000
Total Equity	4 408 000	3 185 000	3 195 000	2 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 027 000	2 889 000	1 560 000	1 531 000
Creditors	253 000	118 000	60 000	1 548 000
Unpaid Taxes	560 000	453 000	396 000	593 000
Dividends	0	0	0	0
Other Current Debt	373 000	413 000	483 000	348 000
Total Current Debt	6 922 000	8 071 000	6 437 000	4 268 000
Total Equity and Debt	14 356 000	14 145 000	11 193 000	8 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,75 %	−0,35 %	22,16 %	27,5 %
Debt-to-Equity Ratio	0,69	0,91	0,49	0,62
Operating Profit Margin	21,68 %	13 %	19,18 %	10,83 %
Current Ratio	1,05	0,85	0,9	1,43
Quick Ratio	4,1	1,83	2	−406
Equity Ratio	0,31	0,23	0,29	0,3
Gross Profit Margin	66,81 %	100,95 %	81,78 %	37,22 %