SAGA SUBSEA AS

5523 HAUGESUND

Finances

Return on Equity

−1 318,02 %

Current Ratio

0,79

Debt-to-Equity Ratio

47,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 137 000	73 913 000	74 382 000	68 043 000
Net Income	−2 267 000	1 634 000	−3 385 000	149 000
Total Assets	39 102 000	38 711 000	34 921 000	28 964 000
Total Equity	172 000	2 439 000	805 000	4 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 137 000	73 913 000	74 382 000	68 043 000
Expenditure	91 672 000	70 596 000	77 940 000	67 216 000
Operating Profit	−1 535 000	3 317 000	−3 558 000	827 000
Financial Income	310 000	155 000	679 000	181 000
Financial Costs	1 669 000	1 123 000	1 461 000	816 000
Financial Balance	−1 359 000	−968 000	−782 000	−635 000
Earnings Before Tax	−2 894 000	2 349 000	−4 340 000	193 000
Tax	−627 000	715 000	−955 000	44 000
Net Income	−2 267 000	1 634 000	−3 385 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 990 000	13 929 000	11 167 000	8 855 000
Total Current Assets	24 113 000	24 782 000	23 754 000	20 109 000
Total Assets	39 102 000	38 711 000	34 921 000	28 964 000
Total Retained Equity	72 000	2 339 000	705 000	4 090 000
Total Equity	172 000	2 439 000	805 000	4 190 000
Total Long-Term Debt	8 223 000	12 088 000	9 875 000	1 732 000
Total Current Debt	30 708 000	24 184 000	24 241 000	23 042 000
Total Equity and Debt	39 102 000	38 711 000	34 921 000	28 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 937 000	73 221 000	73 653 000	68 043 000
Other Income	200 000	692 000	729 000	0
Revenue	90 137 000	73 913 000	74 382 000	68 043 000
Cost of Goods Sold	47 382 000	35 923 000	41 565 000	34 131 000
Salary Costs	31 669 000	25 184 000	23 977 000	25 827 000
Depreciation	1 738 000	1 422 000	1 096 000	−601 000
Impairment	0	0	0	0
Expenditure	91 672 000	70 596 000	77 940 000	67 216 000
Operating Profit	−1 535 000	3 317 000	−3 558 000	827 000
Financial Income	310 000	155 000	679 000	181 000
Financial Costs	1 669 000	1 123 000	1 461 000	816 000
Financial Balance	−1 359 000	−968 000	−782 000	−635 000
Dividends	0	0	0	0
Net Income	−2 267 000	1 634 000	−3 385 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	95 000	195 000
Total Intangible Assets	698 000	283 000	931 000	726 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 067 000	13 421 000	10 011 000	7 904 000
Total Tangible Assets	14 067 000	13 421 000	10 011 000	7 904 000
Total Fiancial Fixed Assets	226 000	226 000	226 000	226 000
Total Fixed Assets	14 990 000	13 929 000	11 167 000	8 855 000
Stock	1 697 000	1 559 000	1 729 000	1 241 000
Total Investments	0	0	0	0
Cash, Bank	2 503 000	4 048 000	6 057 000	1 939 000
Total Current Assets	24 113 000	24 782 000	23 754 000	20 109 000
Total Assets	39 102 000	38 711 000	34 921 000	28 964 000
Total Equity	172 000	2 439 000	805 000	4 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 223 000	12 088 000	9 875 000	1 732 000
Creditors	12 924 000	8 795 000	7 683 000	8 389 000
Unpaid Taxes	3 405 000	4 096 000	3 123 000	3 681 000
Dividends	0	0	0	0
Other Current Debt	7 173 000	5 659 000	6 475 000	5 137 000
Total Current Debt	30 708 000	24 184 000	24 241 000	23 042 000
Total Equity and Debt	39 102 000	38 711 000	34 921 000	28 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 318,02 %	66,99 %	−420,5 %	3,56 %
Debt-to-Equity Ratio	47,81	4,96	12,27	0,41
Operating Profit Margin	−1,7 %	4,49 %	−4,78 %	1,22 %
Current Ratio	0,79	1,02	0,98	0,87
Quick Ratio	0,83	1,1	1,06	0,92
Equity Ratio	0	0,06	0,02	0,14
Gross Profit Margin	47,43 %	51,4 %	44,12 %	49,84 %