SUBSEA MASKINERING AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

23,08 %

Current Ratio

2,68

Debt-to-Equity Ratio

−9,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 529 000	6 262 000	5 062 000	6 344 000
Net Income	−51 000	−412 000	−1 337 000	1 105 000
Total Assets	2 479 000	2 602 000	3 307 000	4 337 000
Total Equity	−221 000	−170 000	242 000	1 579 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 529 000	6 262 000	5 062 000	6 344 000
Expenditure	6 581 000	6 674 000	6 399 000	5 239 000
Operating Profit	−51 000	−412 000	−1 337 000	1 105 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	−51 000	−412 000	−1 337 000	1 105 000
Tax	0	0	0	0
Net Income	−51 000	−412 000	−1 337 000	1 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 162 000	1 423 000	1 708 000	1 502 000
Total Current Assets	1 317 000	1 180 000	1 599 000	2 835 000
Total Assets	2 479 000	2 602 000	3 307 000	4 337 000
Total Retained Equity	−433 000	−382 000	30 000	1 367 000
Total Equity	−221 000	−170 000	242 000	1 579 000
Total Long-Term Debt	2 208 000	2 208 000	2 208 000	2 349 000
Total Current Debt	492 000	564 000	857 000	410 000
Total Equity and Debt	2 479 000	2 602 000	3 307 000	4 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 529 000	6 262 000	5 062 000	6 344 000
Other Income	0	0	0	0
Revenue	6 529 000	6 262 000	5 062 000	6 344 000
Cost of Goods Sold	2 383 000	2 426 000	1 870 000	1 402 000
Salary Costs	1 329 000	1 926 000	2 082 000	1 816 000
Depreciation	358 000	368 000	358 000	308 000
Impairment	0	0	0	0
Expenditure	6 581 000	6 674 000	6 399 000	5 239 000
Operating Profit	−51 000	−412 000	−1 337 000	1 105 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−51 000	−412 000	−1 337 000	1 105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	731 000	853 000	954 000	1 044 000
Machinery and Plant Facilities	415 000	549 000	754 000	458 000
Fixtures	16 000	21 000	0	0
Total Tangible Assets	1 162 000	1 423 000	1 708 000	1 502 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 162 000	1 423 000	1 708 000	1 502 000
Stock	38 000	53 000	53 000	80 000
Total Investments	0	0	0	0
Cash, Bank	265 000	402 000	600 000	1 246 000
Total Current Assets	1 317 000	1 180 000	1 599 000	2 835 000
Total Assets	2 479 000	2 602 000	3 307 000	4 337 000
Total Equity	−221 000	−170 000	242 000	1 579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 208 000	2 208 000	2 208 000	2 349 000
Creditors	147 000	224 000	428 000	54 000
Unpaid Taxes	183 000	169 000	202 000	180 000
Dividends	0	0	0	0
Other Current Debt	162 000	172 000	227 000	175 000
Total Current Debt	492 000	564 000	857 000	410 000
Total Equity and Debt	2 479 000	2 602 000	3 307 000	4 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,08 %	242,35 %	−552,48 %	69,98 %
Debt-to-Equity Ratio	−9,99	−12,99	9,12	1,49
Operating Profit Margin	−0,78 %	−6,58 %	−26,41 %	17,42 %
Current Ratio	2,68	2,09	1,87	6,91
Quick Ratio	2,9	2,31	1,99	8,59
Equity Ratio	−0,09	−0,07	0,07	0,36
Gross Profit Margin	63,5 %	61,26 %	63,06 %	77,9 %