PETROPROD AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

1 162,5 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	504 000	342 000	509 000	314 000
Net Income	372 000	244 000	374 000	218 000
Total Assets	572 000	387 000	557 000	328 000
Total Equity	32 000	30 000	46 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	504 000	342 000	509 000	314 000
Expenditure	27 000	29 000	30 000	34 000
Operating Profit	477 000	313 000	479 000	280 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	477 000	313 000	479 000	280 000
Tax	105 000	69 000	105 000	62 000
Net Income	372 000	244 000	374 000	218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	572 000	387 000	557 000	328 000
Total Assets	572 000	387 000	557 000	328 000
Total Retained Equity	2 000	0	16 000	16 000
Total Equity	32 000	30 000	46 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	540 000	357 000	511 000	282 000
Total Equity and Debt	572 000	387 000	557 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	504 000	342 000	509 000	314 000
Other Income	0	0	0	0
Revenue	504 000	342 000	509 000	314 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	29 000	30 000	34 000
Operating Profit	477 000	313 000	479 000	280 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	370 000	260 000	39 000	210 000
Net Income	372 000	244 000	374 000	218 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	545 000	387 000	548 000	324 000
Total Current Assets	572 000	387 000	557 000	328 000
Total Assets	572 000	387 000	557 000	328 000
Total Equity	32 000	30 000	46 000	46 000
Short-Term Group Debt	4 000	16 000	430 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	1 000
Unpaid Taxes	58 000	10 000	19 000	9 000
Dividends	370 000	260 000	39 000	210 000
Other Current Debt	2 000	2 000	13 000	0
Total Current Debt	540 000	357 000	511 000	282 000
Total Equity and Debt	572 000	387 000	557 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 162,5 %	813,33 %	813,04 %	473,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	94,64 %	91,52 %	94,11 %	89,17 %
Current Ratio	1,06	1,08	1,09	1,16
Quick Ratio	1,06	1,08	1,09	1,16
Equity Ratio	0,06	0,08	0,08	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %