PETROMARIN HOLDING AS

5009 BERGEN

Finances

Return on Equity

24,05 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 562 000	96 000	2 383 000	0
Net Income	3 476 000	−883 000	2 199 000	2 644 000
Total Assets	25 953 000	14 152 000	14 849 000	12 656 000
Total Equity	14 452 000	13 940 000	14 824 000	12 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 562 000	96 000	2 383 000	0
Expenditure	10 111 000	811 000	183 000	177 000
Operating Profit	−2 549 000	−715 000	2 199 000	−177 000
Financial Income	6 025 000	−168 000	0	2 820 000
Financial Costs	0	0	0	0
Financial Balance	6 025 000	−168 000	0	2 820 000
Earnings Before Tax	3 476 000	−883 000	2 199 000	2 644 000
Tax	0	0	0	0
Net Income	3 476 000	−883 000	2 199 000	2 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 564 000	9 195 000	9 142 000	7 236 000
Total Current Assets	24 389 000	4 957 000	5 707 000	5 421 000
Total Assets	25 953 000	14 152 000	14 849 000	12 656 000
Total Retained Equity	13 952 000	13 440 000	14 324 000	12 125 000
Total Equity	14 452 000	13 940 000	14 824 000	12 625 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 501 000	211 000	25 000	32 000
Total Equity and Debt	25 953 000	14 152 000	14 849 000	12 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 562 000	96 000	2 379 000	0
Other Income	0	0	3 000	0
Revenue	7 562 000	96 000	2 383 000	0
Cost of Goods Sold	5 094 000	0	0	0
Salary Costs	3 629 000	786 000	164 000	153 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 111 000	811 000	183 000	177 000
Operating Profit	−2 549 000	−715 000	2 199 000	−177 000
Financial Income	6 025 000	−168 000	0	2 820 000
Financial Costs	0	0	0	0
Financial Balance	6 025 000	−168 000	0	2 820 000
Dividends	10 000 000	0	0	0
Net Income	3 476 000	−883 000	2 199 000	2 644 000

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	1 564 000	9 195 000	9 142 000	7 236 000
Total Fixed Assets	1 564 000	9 195 000	9 142 000	7 236 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 293 000	4 837 000	4 528 000	3 949 000
Total Current Assets	24 389 000	4 957 000	5 707 000	5 421 000
Total Assets	25 953 000	14 152 000	14 849 000	12 656 000
Total Equity	14 452 000	13 940 000	14 824 000	12 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 126 000	0	0	0
Unpaid Taxes	163 000	85 000	9 000	16 000
Dividends	10 000 000	0	0	0
Other Current Debt	212 000	126 000	16 000	15 000
Total Current Debt	11 501 000	211 000	25 000	32 000
Total Equity and Debt	25 953 000	14 152 000	14 849 000	12 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	−6,33 %	14,83 %	20,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−33,71 %	−744,79 %	92,28 %	-
Current Ratio	2,12	23,49	228,28	169,41
Quick Ratio	2,12	23,49	228,28	169,41
Equity Ratio	0,56	0,99	1	1
Gross Profit Margin	32,64 %	100 %	100 %	-