STORD SUBSEA CENTER AS

5411 STORD

Finances

Share Ownership

Return on Equity

−14,09 %

Current Ratio

3,74

Debt-to-Equity Ratio

3,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	100 000	100 000
Net Income	−104 000	−144 000	−44 000	−46 000
Total Assets	3 463 000	3 448 000	3 483 000	3 401 000
Total Equity	738 000	842 000	986 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	100 000	100 000
Expenditure	38 000	33 000	37 000	39 000
Operating Profit	12 000	−33 000	63 000	61 000
Financial Income	0	0	0	0
Financial Costs	117 000	111 000	107 000	106 000
Financial Balance	−117 000	−111 000	−107 000	−106 000
Earnings Before Tax	−104 000	−144 000	−44 000	−46 000
Tax	0	0	0	0
Net Income	−104 000	−144 000	−44 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 392 000	3 392 000	3 392 000	3 392 000
Total Current Assets	71 000	57 000	91 000	9 000
Total Assets	3 463 000	3 448 000	3 483 000	3 401 000
Total Retained Equity	−262 000	−158 000	−14 000	30 000
Total Equity	738 000	842 000	986 000	1 030 000
Total Long-Term Debt	2 705 000	2 589 000	2 477 000	2 371 000
Total Current Debt	19 000	17 000	19 000	0
Total Equity and Debt	3 463 000	3 448 000	3 483 000	3 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	100 000
Other Income	50 000	0	100 000	0
Revenue	50 000	0	100 000	100 000
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	38 000	33 000	37 000	39 000
Operating Profit	12 000	−33 000	63 000	61 000
Financial Income	0	0	0	0
Financial Costs	117 000	111 000	107 000	106 000
Financial Balance	−117 000	−111 000	−107 000	−106 000
Dividends	0	0	0	0
Net Income	−104 000	−144 000	−44 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 392 000	3 392 000	3 392 000	3 392 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 392 000	3 392 000	3 392 000	3 392 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 392 000	3 392 000	3 392 000	3 392 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	57 000	41 000	9 000
Total Current Assets	71 000	57 000	91 000	9 000
Total Assets	3 463 000	3 448 000	3 483 000	3 401 000
Total Equity	738 000	842 000	986 000	1 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 705 000	2 589 000	2 477 000	2 371 000
Creditors	19 000	17 000	19 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	19 000	17 000	19 000	0
Total Equity and Debt	3 463 000	3 448 000	3 483 000	3 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,09 %	−17,1 %	−4,46 %	−4,47 %
Debt-to-Equity Ratio	3,67	3,07	2,51	2,3
Operating Profit Margin	24 %	-	63 %	61 %
Current Ratio	3,74	3,35	4,79	-
Quick Ratio	3,74	3,35	4,79	-
Equity Ratio	0,21	0,24	0,28	0,3
Gross Profit Margin	100 %	-	100 %	100 %