SUBSEA 7 NAVICA AS

4033 STAVANGER

Finances

Return on Equity

−3,63 %

Current Ratio

0,51

Debt-to-Equity Ratio

0,36

Key figures (USD)	2022	2021	2020	2019
Revenue	4 828 000	13 432 000	24 043 000	10 540 000
Net Income	−330 000	6 810 000	17 645 000	5 227 000
Total Assets	25 532 000	66 986 000	58 224 000	55 619 000
Total Equity	9 101 000	60 706 000	54 201 000	38 721 000

Income (USD)	2022	2021	2020	2019
Revenue	4 828 000	13 432 000	24 043 000	10 540 000
Expenditure	4 115 000	4 915 000	7 172 000	4 056 000
Operating Profit	713 000	8 517 000	16 871 000	6 484 000
Financial Income	1 206 000	424 000	1 025 000	650 000
Financial Costs	62 000	24 000	1 004 000	20 000
Financial Balance	1 144 000	400 000	21 000	630 000
Earnings Before Tax	1 857 000	8 917 000	16 892 000	7 114 000
Tax	2 187 000	2 107 000	−753 000	1 887 000
Net Income	−330 000	6 810 000	17 645 000	5 227 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	18 778 000	22 265 000	26 853 000	32 503 000
Total Current Assets	6 754 000	44 721 000	31 371 000	23 116 000
Total Assets	25 532 000	66 986 000	58 224 000	55 619 000
Total Retained Equity	−76 621 000	−25 015 000	−31 520 000	−6 614 000
Total Equity	9 101 000	60 706 000	54 201 000	38 721 000
Total Long-Term Debt	3 257 000	3 969 000	3 853 000	4 624 000
Total Current Debt	13 174 000	2 311 000	170 000	12 274 000
Total Equity and Debt	25 532 000	66 986 000	58 224 000	55 619 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	4 828 000	13 432 000	8 892 000	10 540 000
Other Income	0	0	15 151 000	0
Revenue	4 828 000	13 432 000	24 043 000	10 540 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 989 000	4 569 000	5 279 000	3 933 000
Impairment	0	0	1 731 000	0
Expenditure	4 115 000	4 915 000	7 172 000	4 056 000
Operating Profit	713 000	8 517 000	16 871 000	6 484 000
Financial Income	1 206 000	424 000	1 025 000	650 000
Financial Costs	62 000	24 000	1 004 000	20 000
Financial Balance	1 144 000	400 000	21 000	630 000
Dividends	0	0	0	0
Net Income	−330 000	6 810 000	17 645 000	5 227 000

Balance details (USD)	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	504 000	3 000	22 000	2 394 000
Fixtures	0	0	0	0
Total Tangible Assets	18 700 000	22 187 000	26 775 000	32 425 000
Total Fiancial Fixed Assets	78 000	78 000	78 000	78 000
Total Fixed Assets	18 778 000	22 265 000	26 853 000	32 503 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	6 754 000	44 721 000	31 371 000	23 116 000
Total Assets	25 532 000	66 986 000	58 224 000	55 619 000
Total Equity	9 101 000	60 706 000	54 201 000	38 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 257 000	3 969 000	3 853 000	4 624 000
Creditors	13 174 000	391 000	0	10 347 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	153 000	1 928 000
Total Current Debt	13 174 000	2 311 000	170 000	12 274 000
Total Equity and Debt	25 532 000	66 986 000	58 224 000	55 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,63 %	11,22 %	32,55 %	13,5 %
Debt-to-Equity Ratio	0,36	0,07	0,07	0,12
Operating Profit Margin	14,77 %	63,41 %	70,17 %	61,52 %
Current Ratio	0,51	19,35	184,54	1,88
Quick Ratio	0,51	19,35	184,54	1,88
Equity Ratio	0,36	0,91	0,93	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %