PETAL AS

6893 VIK I SOGN

Finances

Share Ownership

Return on Equity

20,57 %

Current Ratio

2,5

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 754 000	18 982 000	21 261 000	15 779 000
Net Income	610 000	870 000	882 000	141 000
Total Assets	14 811 000	9 684 000	7 667 000	6 726 000
Total Equity	2 966 000	2 356 000	2 149 000	1 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 754 000	18 982 000	21 261 000	15 779 000
Expenditure	23 708 000	17 666 000	19 929 000	15 387 000
Operating Profit	1 046 000	1 315 000	1 333 000	392 000
Financial Income	56 000	30 000	24 000	10 000
Financial Costs	320 000	230 000	225 000	217 000
Financial Balance	−264 000	−200 000	−201 000	−207 000
Earnings Before Tax	782 000	1 115 000	1 132 000	184 000
Tax	173 000	245 000	250 000	44 000
Net Income	610 000	870 000	882 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 561 000	880 000	594 000	767 000
Total Current Assets	13 250 000	8 804 000	7 073 000	5 959 000
Total Assets	14 811 000	9 684 000	7 667 000	6 726 000
Total Retained Equity	2 466 000	1 856 000	1 649 000	768 000
Total Equity	2 966 000	2 356 000	2 149 000	1 268 000
Total Long-Term Debt	6 552 000	616 000	713 000	818 000
Total Current Debt	5 293 000	6 711 000	4 805 000	4 640 000
Total Equity and Debt	14 811 000	9 684 000	7 667 000	6 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 669 000	18 900 000	21 124 000	15 636 000
Other Income	85 000	82 000	137 000	143 000
Revenue	24 754 000	18 982 000	21 261 000	15 779 000
Cost of Goods Sold	13 074 000	8 698 000	10 928 000	7 575 000
Salary Costs	7 055 000	6 025 000	6 267 000	5 116 000
Depreciation	236 000	221 000	234 000	194 000
Impairment	0	0	0	0
Expenditure	23 708 000	17 666 000	19 929 000	15 387 000
Operating Profit	1 046 000	1 315 000	1 333 000	392 000
Financial Income	56 000	30 000	24 000	10 000
Financial Costs	320 000	230 000	225 000	217 000
Financial Balance	−264 000	−200 000	−201 000	−207 000
Dividends	0	0	0	0
Net Income	610 000	870 000	882 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	617 000	118 000	0	0
Real Eastate	95 000	2 000	9 000	17 000
Machinery and Plant Facilities	738 000	686 000	528 000	712 000
Fixtures	103 000	63 000	44 000	20 000
Total Tangible Assets	936 000	751 000	580 000	750 000
Total Fiancial Fixed Assets	8 000	11 000	14 000	17 000
Total Fixed Assets	1 561 000	880 000	594 000	767 000
Stock	11 222 000	6 769 000	5 384 000	4 797 000
Total Investments	0	0	0	0
Cash, Bank	393 000	361 000	390 000	280 000
Total Current Assets	13 250 000	8 804 000	7 073 000	5 959 000
Total Assets	14 811 000	9 684 000	7 667 000	6 726 000
Total Equity	2 966 000	2 356 000	2 149 000	1 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 552 000	616 000	713 000	818 000
Creditors	1 848 000	2 522 000	1 447 000	1 989 000
Unpaid Taxes	1 476 000	717 000	1 074 000	627 000
Dividends	0	0	0	0
Other Current Debt	689 000	1 498 000	607 000	987 000
Total Current Debt	5 293 000	6 711 000	4 805 000	4 640 000
Total Equity and Debt	14 811 000	9 684 000	7 667 000	6 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,57 %	36,93 %	41,04 %	11,12 %
Debt-to-Equity Ratio	2,21	0,26	0,33	0,65
Operating Profit Margin	4,23 %	6,93 %	6,27 %	2,48 %
Current Ratio	2,5	1,31	1,47	1,28
Quick Ratio	−2,23	−151,79	−12,22	−37,96
Equity Ratio	0,2	0,24	0,28	0,19
Gross Profit Margin	47,18 %	54,18 %	48,6 %	51,99 %