SUBSEA TOOLPOOL NORD AS

9011 TROMSØ

Finances

Share Ownership

Return on Equity

56,49 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 270 000	780 000	430 000	158 000
Net Income	270 000	201 000	69 000	−65 000
Total Assets	764 000	496 000	302 000	166 000
Total Equity	478 000	408 000	206 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 270 000	780 000	430 000	158 000
Expenditure	915 000	532 000	359 000	218 000
Operating Profit	355 000	248 000	72 000	−59 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	3 000	5 000
Financial Balance	−5 000	−1 000	−3 000	−5 000
Earnings Before Tax	350 000	248 000	69 000	−65 000
Tax	79 000	47 000	0	0
Net Income	270 000	201 000	69 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	56 000	68 000	108 000
Total Current Assets	737 000	441 000	234 000	58 000
Total Assets	764 000	496 000	302 000	166 000
Total Retained Equity	167 000	97 000	−104 000	−174 000
Total Equity	478 000	408 000	206 000	137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	287 000	89 000	95 000	29 000
Total Equity and Debt	764 000	496 000	302 000	166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 270 000	780 000	430 000	156 000
Other Income	0	0	0	2 000
Revenue	1 270 000	780 000	430 000	158 000
Cost of Goods Sold	586 000	211 000	188 000	4 000
Salary Costs	0	81 000	0	0
Depreciation	29 000	41 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	915 000	532 000	359 000	218 000
Operating Profit	355 000	248 000	72 000	−59 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	3 000	5 000
Financial Balance	−5 000	−1 000	−3 000	−5 000
Dividends	200 000	0	0	0
Net Income	270 000	201 000	69 000	−65 000

Balance details (NOK)	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	9 000	28 000	68 000	108 000
Fixtures	18 000	27 000	0	0
Total Tangible Assets	27 000	56 000	68 000	108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	56 000	68 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	449 000	407 000	202 000	50 000
Total Current Assets	737 000	441 000	234 000	58 000
Total Assets	764 000	496 000	302 000	166 000
Total Equity	478 000	408 000	206 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	2 000	95 000	24 000
Unpaid Taxes	0	40 000	0	5 000
Dividends	200 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	287 000	89 000	95 000	29 000
Total Equity and Debt	764 000	496 000	302 000	166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,49 %	49,26 %	33,5 %	−47,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,95 %	31,79 %	16,74 %	−37,34 %
Current Ratio	2,57	4,96	2,46	2
Quick Ratio	2,57	4,96	2,46	2
Equity Ratio	0,63	0,82	0,68	0,83
Gross Profit Margin	53,86 %	72,95 %	56,28 %	97,47 %