PEN HAGE AS

3153 TOLVSRØD

Finances

Share Ownership

Return on Equity

51,92 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 387 000	1 320 000	878 000	849 000
Net Income	−54 000	20 000	−16 000	−27 000
Total Assets	91 000	126 000	66 000	96 000
Total Equity	−104 000	−50 000	−70 000	−54 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 387 000	1 320 000	878 000	849 000
Expenditure	1 439 000	1 298 000	891 000	876 000
Operating Profit	−53 000	22 000	−14 000	−26 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	3 000	0
Financial Balance	−1 000	−2 000	−3 000	0
Earnings Before Tax	−54 000	20 000	−16 000	−27 000
Tax	0	0	0	0
Net Income	−54 000	20 000	−16 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	41 000	60 000	78 000
Total Current Assets	68 000	85 000	6 000	18 000
Total Assets	91 000	126 000	66 000	96 000
Total Retained Equity	−134 000	−80 000	−100 000	−84 000
Total Equity	−104 000	−50 000	−70 000	−54 000
Total Long-Term Debt	26 000	40 000	53 000	65 000
Total Current Debt	170 000	137 000	84 000	85 000
Total Equity and Debt	91 000	126 000	66 000	96 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 387 000	1 320 000	878 000	849 000
Other Income	0	0	0	0
Revenue	1 387 000	1 320 000	878 000	849 000
Cost of Goods Sold	144 000	208 000	83 000	96 000
Salary Costs	1 056 000	865 000	615 000	600 000
Depreciation	18 000	18 000	18 000	8 000
Impairment	0	0	0	0
Expenditure	1 439 000	1 298 000	891 000	876 000
Operating Profit	−53 000	22 000	−14 000	−26 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	3 000	0
Financial Balance	−1 000	−2 000	−3 000	0
Dividends	0	0	0	0
Net Income	−54 000	20 000	−16 000	−27 000

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	23 000	41 000	60 000	78 000
Fixtures	0	0	0	0
Total Tangible Assets	23 000	41 000	60 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	41 000	60 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	50 000	0	17 000
Total Current Assets	68 000	85 000	6 000	18 000
Total Assets	91 000	126 000	66 000	96 000
Total Equity	−104 000	−50 000	−70 000	−54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	40 000	53 000	65 000
Creditors	0	0	0	0
Unpaid Taxes	41 000	51 000	25 000	30 000
Dividends	0	0	0	0
Other Current Debt	129 000	86 000	58 000	55 000
Total Current Debt	170 000	137 000	84 000	85 000
Total Equity and Debt	91 000	126 000	66 000	96 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,92 %	−40 %	22,86 %	50 %
Debt-to-Equity Ratio	−0,25	−0,8	−0,76	−1,2
Operating Profit Margin	−3,82 %	1,67 %	−1,59 %	−3,06 %
Current Ratio	0,4	0,62	0,07	0,21
Quick Ratio	0,4	0,62	0,07	0,21
Equity Ratio	−1,14	−0,4	−1,06	−0,56
Gross Profit Margin	89,62 %	84,24 %	90,55 %	88,69 %