PORT ARTHUR AS

6509 KRISTIANSUND N

Finances

Return on Equity

−1,36 %

Current Ratio

113,02

Debt-to-Equity Ratio

3,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	8 819 000	0
Net Income	−31 000	−35 000	2 103 000	−2 650 000
Total Assets	10 887 000	12 936 000	12 613 000	15 868 000
Total Equity	2 284 000	2 315 000	2 349 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	8 819 000	0
Expenditure	300 000	72 000	5 561 000	317 000
Operating Profit	−300 000	−72 000	3 257 000	−317 000
Financial Income	736 000	396 000	0	1 090 000
Financial Costs	475 000	369 000	583 000	3 423 000
Financial Balance	261 000	27 000	−583 000	−2 333 000
Earnings Before Tax	−39 000	−44 000	2 675 000	−2 650 000
Tax	−8 000	−10 000	572 000	0
Net Income	−31 000	−35 000	2 103 000	−2 650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 236 000	5 236 000	5 236 000	5 766 000
Total Current Assets	5 651 000	7 699 000	7 376 000	10 102 000
Total Assets	10 887 000	12 936 000	12 613 000	15 868 000
Total Retained Equity	−682 000	−651 000	−1 779 000	−3 882 000
Total Equity	2 284 000	2 315 000	2 349 000	246 000
Total Long-Term Debt	8 554 000	10 554 000	9 544 000	12 291 000
Total Current Debt	50 000	67 000	720 000	3 331 000
Total Equity and Debt	10 887 000	12 936 000	12 613 000	15 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	8 819 000	0
Other Income	0	0	0	0
Revenue	0	0	8 819 000	0
Cost of Goods Sold	0	0	5 370 000	0
Salary Costs	0	0	11 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	300 000	72 000	5 561 000	317 000
Operating Profit	−300 000	−72 000	3 257 000	−317 000
Financial Income	736 000	396 000	0	1 090 000
Financial Costs	475 000	369 000	583 000	3 423 000
Financial Balance	261 000	27 000	−583 000	−2 333 000
Dividends	0	0	0	0
Net Income	−31 000	−35 000	2 103 000	−2 650 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	614 000	614 000	614 000	1 144 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	614 000	614 000	614 000	1 144 000
Total Fiancial Fixed Assets	4 622 000	4 622 000	4 622 000	4 622 000
Total Fixed Assets	5 236 000	5 236 000	5 236 000	5 766 000
Stock	4 486 000	4 486 000	4 317 000	8 773 000
Total Investments	0	0	0	0
Cash, Bank	344 000	2 765 000	3 060 000	126 000
Total Current Assets	5 651 000	7 699 000	7 376 000	10 102 000
Total Assets	10 887 000	12 936 000	12 613 000	15 868 000
Total Equity	2 284 000	2 315 000	2 349 000	246 000
Short-Term Group Debt	0	0	220 000	2 181 000
Total Long-Term Debt	8 554 000	10 554 000	9 544 000	12 291 000
Creditors	8 000	33 000	−67 000	383 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	42 000	34 000	42 000	767 000
Total Current Debt	50 000	67 000	720 000	3 331 000
Total Equity and Debt	10 887 000	12 936 000	12 613 000	15 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,36 %	−1,51 %	89,53 %	−1 077,24 %
Debt-to-Equity Ratio	3,75	4,56	4,06	49,96
Operating Profit Margin	-	-	36,93 %	-
Current Ratio	113,02	114,91	10,24	3,03
Quick Ratio	−1,27	−1,74	−2,05	−1,86
Equity Ratio	0,21	0,18	0,19	0,02
Gross Profit Margin	-	-	39,11 %	-