SUBWING AS

4620 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

12,13 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 144 000	3 078 000	2 691 000	2 440 000
Net Income	−328 000	165 000	−185 000	−13 000
Total Assets	832 000	1 153 000	1 070 000	1 216 000
Total Equity	−2 704 000	−2 376 000	−2 541 000	−2 357 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 144 000	3 078 000	2 691 000	2 440 000
Expenditure	2 455 000	2 008 000	2 069 000	1 751 000
Operating Profit	−310 000	1 071 000	622 000	687 000
Financial Income	15 000	9 000	31 000	6 000
Financial Costs	33 000	915 000	838 000	706 000
Financial Balance	−18 000	−906 000	−807 000	−700 000
Earnings Before Tax	−328 000	165 000	−185 000	−13 000
Tax	0	0	0	0
Net Income	−328 000	165 000	−185 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	263 000	162 000	282 000
Total Current Assets	616 000	890 000	908 000	935 000
Total Assets	832 000	1 153 000	1 070 000	1 216 000
Total Retained Equity	−4 894 000	−4 566 000	−4 731 000	−4 547 000
Total Equity	−2 704 000	−2 376 000	−2 541 000	−2 357 000
Total Long-Term Debt	650 000	650 000	650 000	650 000
Total Current Debt	2 886 000	2 880 000	2 961 000	2 923 000
Total Equity and Debt	832 000	1 153 000	1 070 000	1 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 144 000	3 078 000	2 691 000	2 440 000
Other Income	0	0	0	0
Revenue	2 144 000	3 078 000	2 691 000	2 440 000
Cost of Goods Sold	591 000	699 000	652 000	410 000
Salary Costs	507 000	553 000	562 000	519 000
Depreciation	47 000	144 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	2 455 000	2 008 000	2 069 000	1 751 000
Operating Profit	−310 000	1 071 000	622 000	687 000
Financial Income	15 000	9 000	31 000	6 000
Financial Costs	33 000	915 000	838 000	706 000
Financial Balance	−18 000	−906 000	−807 000	−700 000
Dividends	0	0	0	0
Net Income	−328 000	165 000	−185 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	42 000	159 000	276 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	221 000	3 000	6 000
Total Tangible Assets	189 000	221 000	3 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 000	263 000	162 000	282 000
Stock	405 000	525 000	553 000	408 000
Total Investments	0	0	0	0
Cash, Bank	100 000	204 000	331 000	502 000
Total Current Assets	616 000	890 000	908 000	935 000
Total Assets	832 000	1 153 000	1 070 000	1 216 000
Total Equity	−2 704 000	−2 376 000	−2 541 000	−2 357 000
Short-Term Group Debt	2 437 000	2 437 000	2 437 000	2 437 000
Total Long-Term Debt	650 000	650 000	650 000	650 000
Creditors	16 000	8 000	22 000	30 000
Unpaid Taxes	31 000	21 000	19 000	20 000
Dividends	0	0	0	0
Other Current Debt	402 000	414 000	483 000	436 000
Total Current Debt	2 886 000	2 880 000	2 961 000	2 923 000
Total Equity and Debt	832 000	1 153 000	1 070 000	1 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,13 %	−6,94 %	7,28 %	0,55 %
Debt-to-Equity Ratio	−0,24	−0,27	−0,26	−0,28
Operating Profit Margin	−14,46 %	34,8 %	23,11 %	28,16 %
Current Ratio	0,21	0,31	0,31	0,32
Quick Ratio	0,25	0,38	0,38	0,37
Equity Ratio	−3,25	−2,06	−2,37	−1,94
Gross Profit Margin	72,43 %	77,29 %	75,77 %	83,2 %