SUBSEA INDEPENDENT AS

5232 PARADIS

Finances

Return on Equity

69,47 %

Current Ratio

376

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 000	250 000	0	4 271 000
Net Income	5 389 000	1 844 000	−224 000	3 310 000
Total Assets	7 760 000	13 048 000	11 364 000	5 726 000
Total Equity	7 757 000	5 251 000	3 907 000	4 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 000	250 000	0	4 271 000
Expenditure	939 000	135 000	10 000	0
Operating Profit	−689 000	115 000	−10 000	4 271 000
Financial Income	6 229 000	2 004 000	4 000	7 000
Financial Costs	199 000	276 000	217 000	35 000
Financial Balance	6 030 000	1 728 000	−213 000	−28 000
Earnings Before Tax	5 341 000	1 844 000	−224 000	4 244 000
Tax	−48 000	0	0	934 000
Net Income	5 389 000	1 844 000	−224 000	3 310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 632 000	11 230 000	11 130 000	2 489 000
Total Current Assets	1 128 000	1 817 000	233 000	3 237 000
Total Assets	7 760 000	13 048 000	11 364 000	5 726 000
Total Retained Equity	7 657 000	5 151 000	3 807 000	4 030 000
Total Equity	7 757 000	5 251 000	3 907 000	4 130 000
Total Long-Term Debt	0	7 638 000	7 441 000	0
Total Current Debt	3 000	159 000	16 000	1 595 000
Total Equity and Debt	7 760 000	13 048 000	11 364 000	5 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	4 271 000
Other Income	250 000	250 000	0	0
Revenue	250 000	250 000	0	4 271 000
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	939 000	135 000	10 000	0
Operating Profit	−689 000	115 000	−10 000	4 271 000
Financial Income	6 229 000	2 004 000	4 000	7 000
Financial Costs	199 000	276 000	217 000	35 000
Financial Balance	6 030 000	1 728 000	−213 000	−28 000
Dividends	2 883 000	500 000	0	4 041 000
Net Income	5 389 000	1 844 000	−224 000	3 310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	9 411 000	9 411 000	769 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	9 411 000	9 411 000	769 000
Total Fiancial Fixed Assets	6 632 000	1 820 000	1 720 000	1 720 000
Total Fixed Assets	6 632 000	11 230 000	11 130 000	2 489 000
Stock	769 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	1 484 000	150 000	3 153 000
Total Current Assets	1 128 000	1 817 000	233 000	3 237 000
Total Assets	7 760 000	13 048 000	11 364 000	5 726 000
Total Equity	7 757 000	5 251 000	3 907 000	4 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 638 000	7 441 000	0
Creditors	3 000	102 000	7 000	0
Unpaid Taxes	0	0	0	48 000
Dividends	2 883 000	500 000	0	4 041 000
Other Current Debt	0	9 000	9 000	0
Total Current Debt	3 000	159 000	16 000	1 595 000
Total Equity and Debt	7 760 000	13 048 000	11 364 000	5 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,47 %	35,12 %	−5,73 %	80,15 %
Debt-to-Equity Ratio	0	1,45	1,9	0
Operating Profit Margin	−275,6 %	46 %	-	100 %
Current Ratio	376	11,43	14,56	2,03
Quick Ratio	−1,47	11,43	14,56	2,03
Equity Ratio	1	0,4	0,34	0,72
Gross Profit Margin	100 %	100 %	-	100 %