SUBSEA 7 VESSEL OWNER AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

7,79 %

Current Ratio

13,39

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	15 871 000	20 038 000	14 098 000	19 082 000
Net Income	8 690 000	13 465 000	7 284 000	9 067 000
Total Assets	112 144 000	130 108 000	116 562 000	118 688 000
Total Equity	111 582 000	129 893 000	116 428 000	109 144 000

Income (USD)	2022	2021	2020	2019
Revenue	15 871 000	20 038 000	14 098 000	19 082 000
Expenditure	7 304 000	6 547 000	6 535 000	7 185 000
Operating Profit	8 567 000	13 491 000	7 563 000	11 897 000
Financial Income	620 000	129 000	8 000	12 000
Financial Costs	25 000	11 000	249 000	2 840 000
Financial Balance	595 000	118 000	−241 000	−2 828 000
Earnings Before Tax	9 162 000	13 609 000	7 322 000	9 069 000
Tax	472 000	144 000	37 000	3 000
Net Income	8 690 000	13 465 000	7 284 000	9 067 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	104 618 000	107 959 000	113 636 000	118 530 000
Total Current Assets	7 526 000	22 149 000	2 927 000	158 000
Total Assets	112 144 000	130 108 000	116 562 000	118 688 000
Total Retained Equity	−7 366 000	10 945 000	−2 520 000	−9 805 000
Total Equity	111 582 000	129 893 000	116 428 000	109 144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	562 000	215 000	134 000	9 545 000
Total Equity and Debt	112 144 000	130 108 000	116 562 000	118 688 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	15 871 000	20 038 000	14 098 000	19 082 000
Other Income	0	0	0	0
Revenue	15 871 000	20 038 000	14 098 000	19 082 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 011 000	6 298 000	6 271 000	5 885 000
Impairment	0	0	0	0
Expenditure	7 304 000	6 547 000	6 535 000	7 185 000
Operating Profit	8 567 000	13 491 000	7 563 000	11 897 000
Financial Income	620 000	129 000	8 000	12 000
Financial Costs	25 000	11 000	249 000	2 840 000
Financial Balance	595 000	118 000	−241 000	−2 828 000
Dividends	0	0	0	0
Net Income	8 690 000	13 465 000	7 284 000	9 067 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	104 618 000	107 959 000	113 636 000	118 530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 618 000	107 959 000	113 636 000	118 530 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	7 526 000	22 149 000	2 927 000	158 000
Total Assets	112 144 000	130 108 000	116 562 000	118 688 000
Total Equity	111 582 000	129 893 000	116 428 000	109 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	47 000	19 000	9 479 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	24 000	78 000	63 000
Total Current Debt	562 000	215 000	134 000	9 545 000
Total Equity and Debt	112 144 000	130 108 000	116 562 000	118 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,79 %	10,37 %	6,26 %	8,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,98 %	67,33 %	53,65 %	62,35 %
Current Ratio	13,39	103,02	21,84	0,02
Quick Ratio	13,39	103,02	21,84	0,02
Equity Ratio	0,99	1	1	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %