VEGA SUBSEA AS

2315 HAMAR

Finances

Share Ownership

Return on Equity

−46,06 %

Current Ratio

11,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 635 000	3 014 000	1 616 000
Net Income	−1 296 000	795 000	1 528 000	−110 000
Total Assets	2 976 000	4 748 000	3 855 000	2 240 000
Total Equity	2 814 000	4 110 000	3 315 000	1 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 635 000	3 014 000	1 616 000
Expenditure	1 308 000	1 617 000	1 346 000	1 277 000
Operating Profit	−1 308 000	1 018 000	1 669 000	339 000
Financial Income	11 000	3 000	2 000	141 000
Financial Costs	2 000	1 000	2 000	590 000
Financial Balance	9 000	2 000	0	−449 000
Earnings Before Tax	−1 298 000	1 019 000	1 669 000	−110 000
Tax	−3 000	224 000	141 000	0
Net Income	−1 296 000	795 000	1 528 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 116 000	131 000	0	0
Total Current Assets	1 860 000	4 617 000	3 855 000	2 240 000
Total Assets	2 976 000	4 748 000	3 855 000	2 240 000
Total Retained Equity	2 714 000	4 010 000	3 215 000	1 686 000
Total Equity	2 814 000	4 110 000	3 315 000	1 786 000
Total Long-Term Debt	0	3 000	0	0
Total Current Debt	162 000	635 000	540 000	454 000
Total Equity and Debt	2 976 000	4 748 000	3 855 000	2 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 635 000	3 014 000	1 616 000
Other Income	0	0	0	0
Revenue	0	2 635 000	3 014 000	1 616 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	1 111 000	1 461 000	1 242 000	1 173 000
Depreciation	75 000	17 000	0	0
Impairment	0	0	0	0
Expenditure	1 308 000	1 617 000	1 346 000	1 277 000
Operating Profit	−1 308 000	1 018 000	1 669 000	339 000
Financial Income	11 000	3 000	2 000	141 000
Financial Costs	2 000	1 000	2 000	590 000
Financial Balance	9 000	2 000	0	−449 000
Dividends	0	0	0	0
Net Income	−1 296 000	795 000	1 528 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 015 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	131 000	0	0
Total Tangible Assets	1 116 000	131 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 116 000	131 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 846 000	4 196 000	3 219 000	2 070 000
Total Current Assets	1 860 000	4 617 000	3 855 000	2 240 000
Total Assets	2 976 000	4 748 000	3 855 000	2 240 000
Total Equity	2 814 000	4 110 000	3 315 000	1 786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	0	0
Creditors	2 000	4 000	0	2 000
Unpaid Taxes	42 000	255 000	272 000	302 000
Dividends	0	0	0	0
Other Current Debt	118 000	155 000	127 000	150 000
Total Current Debt	162 000	635 000	540 000	454 000
Total Equity and Debt	2 976 000	4 748 000	3 855 000	2 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,06 %	19,34 %	46,09 %	−6,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	38,63 %	55,37 %	20,98 %
Current Ratio	11,48	7,27	7,14	4,93
Quick Ratio	11,48	7,27	7,14	4,93
Equity Ratio	0,95	0,87	0,86	0,8
Gross Profit Margin	-	99,96 %	100 %	100 %