PETROSERVICE AS

0978 OSLO

Finances

Return on Equity

2,47 %

Current Ratio

25,55

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 526 000	66 864 000	−12 310 000	29 223 000
Net Income	7 261 000	67 842 000	−7 967 000	71 219 000
Total Assets	368 368 000	348 518 000	295 189 000	313 692 000
Total Equity	294 414 000	287 153 000	219 253 000	227 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 526 000	66 864 000	−12 310 000	29 223 000
Expenditure	1 743 000	1 887 000	2 599 000	884 000
Operating Profit	9 784 000	64 977 000	−14 909 000	28 339 000
Financial Income	4 732 000	6 475 000	14 889 000	41 711 000
Financial Costs	7 202 000	3 536 000	7 960 000	−1 599 000
Financial Balance	−2 470 000	2 939 000	6 929 000	43 310 000
Earnings Before Tax	7 313 000	67 917 000	−7 980 000	71 649 000
Tax	52 000	75 000	−13 000	429 000
Net Income	7 261 000	67 842 000	−7 967 000	71 219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 637 000	30 821 000	21 066 000	22 365 000
Total Current Assets	328 730 000	317 698 000	274 124 000	291 327 000
Total Assets	368 368 000	348 518 000	295 189 000	313 692 000
Total Retained Equity	291 061 000	283 800 000	215 900 000	223 867 000
Total Equity	294 414 000	287 153 000	219 253 000	227 220 000
Total Long-Term Debt	61 087 000	61 207 000	64 501 000	64 644 000
Total Current Debt	12 866 000	158 000	11 435 000	21 828 000
Total Equity and Debt	368 368 000	348 518 000	295 189 000	313 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 526 000	66 864 000	−12 310 000	29 223 000
Revenue	11 526 000	66 864 000	−12 310 000	29 223 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 743 000	1 887 000	2 599 000	884 000
Operating Profit	9 784 000	64 977 000	−14 909 000	28 339 000
Financial Income	4 732 000	6 475 000	14 889 000	41 711 000
Financial Costs	7 202 000	3 536 000	7 960 000	−1 599 000
Financial Balance	−2 470 000	2 939 000	6 929 000	43 310 000
Dividends	0	0	0	0
Net Income	7 261 000	67 842 000	−7 967 000	71 219 000

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	1 218 000	1 218 000	1 218 000	431 000
Total Tangible Assets	1 218 000	1 218 000	1 218 000	431 000
Total Fiancial Fixed Assets	38 419 000	29 603 000	19 848 000	21 934 000
Total Fixed Assets	39 637 000	30 821 000	21 066 000	22 365 000
Stock	0	0	0	0
Total Investments	244 871 000	293 354 000	238 482 000	248 115 000
Cash, Bank	79 473 000	21 934 000	21 400 000	40 381 000
Total Current Assets	328 730 000	317 698 000	274 124 000	291 327 000
Total Assets	368 368 000	348 518 000	295 189 000	313 692 000
Total Equity	294 414 000	287 153 000	219 253 000	227 220 000
Short-Term Group Debt	0	0	6 238 000	9 483 000
Total Long-Term Debt	61 087 000	61 207 000	64 501 000	64 644 000
Creditors	0	158 000	192 000	71 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 866 000	0	5 005 000	12 274 000
Total Current Debt	12 866 000	158 000	11 435 000	21 828 000
Total Equity and Debt	368 368 000	348 518 000	295 189 000	313 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,47 %	23,63 %	−3,63 %	31,34 %
Debt-to-Equity Ratio	0,21	0,21	0,29	0,28
Operating Profit Margin	84,89 %	97,18 %	121,11 %	96,97 %
Current Ratio	25,55	2 010,75	23,97	13,35
Quick Ratio	25,55	2 010,75	23,97	13,35
Equity Ratio	0,8	0,82	0,74	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %