SUB NORGE AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

66,09 %

Current Ratio

0,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 791 000	5 633 000	6 865 000	10 101 000
Net Income	267 000	−37 000	624 000	27 000
Total Assets	3 731 000	3 570 000	2 978 000	2 536 000
Total Equity	404 000	395 000	837 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 791 000	5 633 000	6 865 000	10 101 000
Expenditure	2 983 000	2 248 000	3 337 000	5 974 000
Operating Profit	468 000	−21 000	804 000	63 000
Financial Income	27 000	32 000	62 000	15 000
Financial Costs	153 000	58 000	66 000	43 000
Financial Balance	−126 000	−26 000	−4 000	−28 000
Earnings Before Tax	342 000	−47 000	800 000	35 000
Tax	75 000	−10 000	176 000	8 000
Net Income	267 000	−37 000	624 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 799 000	8 000	404 000	418 000
Total Current Assets	932 000	3 562 000	2 573 000	2 118 000
Total Assets	3 731 000	3 570 000	2 978 000	2 536 000
Total Retained Equity	284 000	276 000	737 000	930 000
Total Equity	404 000	395 000	837 000	1 030 000
Total Long-Term Debt	0	0	0	7 000
Total Current Debt	3 327 000	3 175 000	2 140 000	1 499 000
Total Equity and Debt	3 731 000	3 570 000	2 978 000	2 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 791 000	5 633 000	6 865 000	10 101 000
Other Income	0	0	0	0
Revenue	3 791 000	5 633 000	6 865 000	10 101 000
Cost of Goods Sold	0	0	0	0
Salary Costs	928 000	564 000	1 212 000	1 926 000
Depreciation	0	48 000	45 000	8 000
Impairment	0	0	22 000	0
Expenditure	2 983 000	2 248 000	3 337 000	5 974 000
Operating Profit	468 000	−21 000	804 000	63 000
Financial Income	27 000	32 000	62 000	15 000
Financial Costs	153 000	58 000	66 000	43 000
Financial Balance	−126 000	−26 000	−4 000	−28 000
Dividends	0	425 000	0	0
Net Income	267 000	−37 000	624 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	8 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	72 000	30 000
Total Tangible Assets	0	0	72 000	30 000
Total Fiancial Fixed Assets	2 794 000	0	331 000	388 000
Total Fixed Assets	2 799 000	8 000	404 000	418 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	76 000	1 204 000	487 000
Total Current Assets	932 000	3 562 000	2 573 000	2 118 000
Total Assets	3 731 000	3 570 000	2 978 000	2 536 000
Total Equity	404 000	395 000	837 000	1 030 000
Short-Term Group Debt	603 000	387 000	1 217 000	144 000
Total Long-Term Debt	0	0	0	7 000
Creditors	14 000	293 000	10 000	444 000
Unpaid Taxes	123 000	212 000	63 000	102 000
Dividends	0	425 000	0	0
Other Current Debt	388 000	662 000	851 000	810 000
Total Current Debt	3 327 000	3 175 000	2 140 000	1 499 000
Total Equity and Debt	3 731 000	3 570 000	2 978 000	2 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,09 %	−9,37 %	74,55 %	2,62 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	12,35 %	−0,37 %	11,71 %	0,62 %
Current Ratio	0,28	1,12	1,2	1,41
Quick Ratio	0,28	1,12	1,2	1,41
Equity Ratio	0,11	0,11	0,28	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %