PETRA UTVIKLING AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

317,89 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 271 000	35 902 000	0	0
Net Income	6 736 000	15 560 000	−89 000	−4 000
Total Assets	22 245 000	24 919 000	5 661 000	3 460 000
Total Equity	2 119 000	8 382 000	822 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 271 000	35 902 000	0	0
Expenditure	4 641 000	15 917 000	50 000	5 000
Operating Profit	8 631 000	19 986 000	−50 000	−5 000
Financial Income	17 000	12 000	0	0
Financial Costs	9 000	48 000	64 000	0
Financial Balance	8 000	−36 000	−64 000	0
Earnings Before Tax	8 639 000	19 949 000	−115 000	−5 000
Tax	1 903 000	4 389 000	−25 000	−1 000
Net Income	6 736 000	15 560 000	−89 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 035 000	3 500 000	516 000	3 460 000
Total Current Assets	16 210 000	21 419 000	5 145 000	0
Total Assets	22 245 000	24 919 000	5 661 000	3 460 000
Total Retained Equity	1 690 000	7 954 000	394 000	483 000
Total Equity	2 119 000	8 382 000	822 000	912 000
Total Long-Term Debt	0	3 500 000	0	2 543 000
Total Current Debt	20 127 000	13 037 000	4 839 000	5 000
Total Equity and Debt	22 245 000	24 919 000	5 661 000	3 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 200 000	35 600 000	0	0
Other Income	71 000	302 000	0	0
Revenue	13 271 000	35 902 000	0	0
Cost of Goods Sold	4 503 000	15 759 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 641 000	15 917 000	50 000	5 000
Operating Profit	8 631 000	19 986 000	−50 000	−5 000
Financial Income	17 000	12 000	0	0
Financial Costs	9 000	48 000	64 000	0
Financial Balance	8 000	−36 000	−64 000	0
Dividends	13 000 000	8 000 000	0	0
Net Income	6 736 000	15 560 000	−89 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	516 000	491 000
Real Eastate	0	0	0	2 970 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	2 970 000
Total Fiancial Fixed Assets	6 035 000	3 500 000	0	0
Total Fixed Assets	6 035 000	3 500 000	516 000	3 460 000
Stock	1 993 000	4 550 000	4 320 000	0
Total Investments	0	0	0	0
Cash, Bank	14 217 000	16 869 000	825 000	0
Total Current Assets	16 210 000	21 419 000	5 145 000	0
Total Assets	22 245 000	24 919 000	5 661 000	3 460 000
Total Equity	2 119 000	8 382 000	822 000	912 000
Short-Term Group Debt	0	0	4 008 000	0
Total Long-Term Debt	0	3 500 000	0	2 543 000
Creditors	127 000	1 096 000	831 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	13 000 000	8 000 000	0	0
Other Current Debt	5 097 000	68 000	0	0
Total Current Debt	20 127 000	13 037 000	4 839 000	5 000
Total Equity and Debt	22 245 000	24 919 000	5 661 000	3 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	317,89 %	185,64 %	−10,83 %	−0,44 %
Debt-to-Equity Ratio	0	0,42	0	2,79
Operating Profit Margin	65,04 %	55,67 %	-	-
Current Ratio	0,81	1,64	1,06	0
Quick Ratio	0,89	2,52	9,91	0
Equity Ratio	0,1	0,34	0,15	0,26
Gross Profit Margin	66,07 %	56,11 %	-	-