SUBSEAFLEX HOLDING ApS - CVR: 11931979

2022, DKK

26.06.2023

Bruttoresultat

18.132'

Primær drift

12.892'

Årets resultat

1.455''

Aktiver

1.221''

Kortfristede aktiver

82.234'

Egenkapital

400''

Afkastningsgrad

1 %

Soliditetsgrad

33 %

Likviditetsgrad

121 %

Resultat

26.06.2023

Årsrapport	2022 26.06.2023	2021 08.08.2022	2020 16.07.2021	2019 01.10.2020	2018 14.06.2019	2017 31.05.2018	2016 02.06.2017	2015 07.06.2016
Nettoomsætning
Bruttoresultat	18.132.490	5.666.631	-182.499	-207.253	0	0	0	0
Resultat af primær drift	12.891.549	-488.264	0	0	-124.180	-69.500	169.604.669	224.573.490
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0	0	0	0
Finansielle indtægter	4.104.498	3.153.480	0	0	0	0	0	0
Finansieringsomkostninger	-24.648.076	-1.873.422	-47.594	-816.554	0	-488.977	-2.006.598	-2.481.970
Andre finansielle omkostninger	0	0	0	0	-1.036.534	0	0	0
Resultat før skat	1.474.638.824	1.174.096	10.884.618	260.861.933	54.328.244	-330.281	167.598.245	222.091.734
Resultat	1.455.050.549	13.211.203	39.307.495	258.706.271	40.403.944	-34.790.220	156.844.613	184.390.329
Forslag til udbytte	-14.000.000	0	0	0	0	0	0	0

Aktiver

26.06.2023

Årsrapport	2022 26.06.2023	2021 08.08.2022	2020 16.07.2021	2019 01.10.2020	2018 14.06.2019	2017 31.05.2018	2016 02.06.2017	2015 07.06.2016
Kortfristede varebeholdninger	5.271.429	10.024.843	0	0	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	76.963.056	41.937.442	12.716.119	6.141.387	0	0	0	0
Likvider	0	38.004.179	0	0	0	0	0	0
Kortfristede aktiver	82.234.485	89.966.464	12.716.119	6.141.387	5.928.847	0	3.652.158	83.283.543
Immaterielle aktiver og goodwill	0	0	0	0	0	0	0	0
Finansielle anlægsaktiver	1.138.440.206	781.888.099	399.580.945	399.707.189	0	0	0	0
Materielle aktiver	277.789	277.789	0	0	0	0	0	0
Langfristede aktiver	1.138.717.995	782.165.888	399.580.945	399.707.189	400.264.791	400.264.791	1.323.968.198	1.022.135.106
Aktiver	1.220.952.480	872.132.352	412.297.064	405.848.576	406.193.638	400.264.791	1.327.620.356	1.105.418.649

Aktiver

26.06.2023

Passiver

26.06.2023

Årsrapport	2022 26.06.2023	2021 08.08.2022	2020 16.07.2021	2019 01.10.2020	2018 14.06.2019	2017 31.05.2018	2016 02.06.2017	2015 07.06.2016
Forslag til udbytte	14.000.000	0	0	0	0	0	0	0
Egenkapital	400.054.809	865.428.565	396.064.407	356.756.912	253.852.160	237.762.202	1.196.255.829	787.413.326
Hensatte forpligtelser	1.700.686	3.000.000	5.419.010	34.163.566	32.396.549	103.097.402	89.658.654	134.005.899
Langfristet gæld til banker	0	0	0	0	0	0	0	0
Anden langfristet gæld	0	0	0	0	0	0	0	0
Leverandører af varer og tjenesteydelser	2.322.432	793.557	51.750	0	0	0	0	0
Kortfristede forpligtelser	67.732.885	3.703.787	10.813.647	14.928.098	80.733.367	20.933.604	20.877.283	168.855.392
Gældsforpligtelser	819.196.985	3.703.787	10.813.647	14.928.098	0	0	0	0
Forpligtelser	819.196.985	3.703.787	10.813.647	14.928.098	0	0	0	0
Passiver	1.220.952.480	872.132.352	412.297.064	405.848.576	406.193.638	400.264.791	1.327.620.356	1.105.418.649

Passiver

26.06.2023

Nøgletal

26.06.2023

Årsrapport	2022 26.06.2023	2021 08.08.2022	2020 16.07.2021	2019 01.10.2020	2018 14.06.2019	2017 31.05.2018	2016 02.06.2017	2015 07.06.2016
Afkastningsgrad	1,1 %	-0,1 %	Na.	Na.	0,0 %	0,0 %	12,8 %	20,3 %
Dækningsgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	363,7 %	1,5 %	9,9 %	72,5 %	15,9 %	-14,6 %	13,1 %	23,4 %
Payout-ratio	1,0 %	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	52,3 %	-26,1 %	Na.	Na.	Na.	-14,2 %	8.452,3 %	9.048,2 %
Soliditestgrad	32,8 %	99,2 %	96,1 %	87,9 %	62,5 %	59,4 %	90,1 %	71,2 %
Likviditetsgrad	121,4 %	2.429,0 %	117,6 %	41,1 %	7,3 %	Na.	17,5 %	49,3 %

Resultat

26.06.2023

Gæld

26.06.2023

Årsrapport

26.06.2023

Nyeste:01.01.2022- 31.12.2022(offentliggjort: 26.06.2023)

Information om virksomhedens regnskabsklasse:The annual report of SubSeaFlex Holding ApS for 2022 has been prepared in accordance with the provisions of the Danish Financial Statements Act applying to enterprises of reporting class B with elections from reporting class C etc. The accounting policies applied are consistent with those of last year. The annual report for 2022 is presented in DKK.

Oplysning om eventualaktiver:The Company has tax loss carry-forwards totalling 190,428,688 DKK. The nominal value thereof is 22%, totalling 41,894,311 DKK. DKK 0 of the amount has been recognised in the balance sheet under deferred tax / deferred tax asset due to the uncertainty as to application of the tax losses.

Beretning

26.06.2023

Beskrivelse af usikkerhed ved indregning eller måling:Recognition and measurement uncertainties In 2019, the Danish Tax Administration (SKAT) initiated a transfer pricing audit concerning 2014-2016 investigating the inter-company relationship and transactions between the Company’s subsidiaries. In May 2022, SKAT issued a final ruling, proposing a reassessment and an increase of the Company's taxable income for 2015 of DKK 983 million, with a tax value of DKK 231 million, plus interest of DKK 121 million, totalling DKK 352 million. Management believes that the positions taken by the Company are supportable and in accordance with the applicable tax law, and the Company will defend its position and has filed a complaint with the National Tax Tribunal. The ultimate resolution of the matter is uncertain and may take several years and may potentially result in a material adverse impact to the Company's financial statements. As a result of the Company's assesments and evaluation of SKAT's proposed final ruling, the Company has recognized a receivable of DKK 352 million related to this transfer pricing audit in the financial statements.

Oplysning om usædvanlige forhold:Other provisions comprise of reestablishment expenses related to the leased premises.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Executive Board has today discussed and approved the annual report of SubSeaFlex Holding ApS for the financial year 1 January - 31 December 2022.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Business review The Company carries on business within development, construction, sale and operation of plants relating to heat treatment, including, especially, distillation and hightemperature incineration. Furthermore, the Company holds 99. 99% stake in National Oilwell Varco Denmark I/S. National Oilwell Varco Denmark I/S engineers, manufactures and delivers flexible pipe systems for the purpose of recovering hydrocarbon oil and gas from offshore fields as well as solutions for the purpose of transporting chemicals and water to in-shore installations based on the use of flexible pipe products. The Company is ultimately owned by NOV Inc.