SUBSEA CABLES CONSULTANTS LIMITED

3409 TRANBY

Finances

Share Ownership

Return on Equity

−7,8 %

Current Ratio

49,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	34 000	479 000	155 000
Net Income	−430 000	684 000	511 000	742 000
Total Assets	5 624 000	6 080 000	5 479 000	4 859 000
Total Equity	5 510 000	5 941 000	5 257 000	4 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	34 000	479 000	155 000
Expenditure	51 000	34 000	70 000	76 000
Operating Profit	−6 000	0	409 000	78 000
Financial Income	4 000	726 000	215 000	681 000
Financial Costs	429 000	0	29 000	0
Financial Balance	−425 000	726 000	186 000	681 000
Earnings Before Tax	−430 000	726 000	595 000	759 000
Tax	0	42 000	84 000	18 000
Net Income	−430 000	684 000	511 000	742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 699 000	4 486 000
Total Current Assets	5 624 000	6 080 000	779 000	373 000
Total Assets	5 624 000	6 080 000	5 479 000	4 859 000
Total Retained Equity	5 510 000	5 941 000	5 257 000	4 746 000
Total Equity	5 510 000	5 941 000	5 257 000	4 746 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	113 000	139 000	222 000	113 000
Total Equity and Debt	5 624 000	6 080 000	5 479 000	4 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 000	34 000	479 000	155 000
Other Income	0	0	0	0
Revenue	45 000	34 000	479 000	155 000
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	51 000	34 000	70 000	76 000
Operating Profit	−6 000	0	409 000	78 000
Financial Income	4 000	726 000	215 000	681 000
Financial Costs	429 000	0	29 000	0
Financial Balance	−425 000	726 000	186 000	681 000
Dividends	0	0	0	0
Net Income	−430 000	684 000	511 000	742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	4 699 000	4 486 000
Total Fixed Assets	0	0	4 699 000	4 486 000
Stock	0	0	0	0
Total Investments	4 995 000	5 424 000	0	0
Cash, Bank	536 000	620 000	779 000	373 000
Total Current Assets	5 624 000	6 080 000	779 000	373 000
Total Assets	5 624 000	6 080 000	5 479 000	4 859 000
Total Equity	5 510 000	5 941 000	5 257 000	4 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	11 000	0
Unpaid Taxes	10 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Other Current Debt	101 000	94 000	128 000	96 000
Total Current Debt	113 000	139 000	222 000	113 000
Total Equity and Debt	5 624 000	6 080 000	5 479 000	4 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,8 %	11,51 %	9,72 %	15,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,33 %	0 %	85,39 %	50,32 %
Current Ratio	49,77	43,74	3,51	3,3
Quick Ratio	49,77	43,74	3,51	3,3
Equity Ratio	0,98	0,98	0,96	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %