PETRO MANAGEMENT CONSULTING AS

4330 ÅLGÅRD

Finances

Return on Equity

13,68 %

Current Ratio

0,26

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 235 000	8 548 000	6 044 000	5 046 000
Net Income	1 155 000	3 839 000	2 413 000	2 130 000
Total Assets	14 987 000	15 755 000	8 969 000	6 366 000
Total Equity	8 442 000	8 932 000	5 366 000	3 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 235 000	8 548 000	6 044 000	5 046 000
Expenditure	4 294 000	3 464 000	2 498 000	2 283 000
Operating Profit	2 941 000	5 084 000	3 546 000	2 763 000
Financial Income	958 000	198 000	60 000	30 000
Financial Costs	2 094 000	333 000	500 000	66 000
Financial Balance	−1 136 000	−135 000	−440 000	−36 000
Earnings Before Tax	1 806 000	4 949 000	3 106 000	2 727 000
Tax	651 000	1 110 000	693 000	597 000
Net Income	1 155 000	3 839 000	2 413 000	2 130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 771 000	13 695 000	6 979 000	635 000
Total Current Assets	1 216 000	2 060 000	1 989 000	5 731 000
Total Assets	14 987 000	15 755 000	8 969 000	6 366 000
Total Retained Equity	8 412 000	8 902 000	5 336 000	3 163 000
Total Equity	8 442 000	8 932 000	5 366 000	3 193 000
Total Long-Term Debt	1 898 000	2 173 000	47 000	20 000
Total Current Debt	4 648 000	4 650 000	3 555 000	3 153 000
Total Equity and Debt	14 987 000	15 755 000	8 969 000	6 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 235 000	8 548 000	6 044 000	5 046 000
Other Income	0	0	0	0
Revenue	7 235 000	8 548 000	6 044 000	5 046 000
Cost of Goods Sold	0	0	0	−330 000
Salary Costs	1 254 000	1 191 000	869 000	1 167 000
Depreciation	510 000	305 000	89 000	116 000
Impairment	0	0	0	0
Expenditure	4 294 000	3 464 000	2 498 000	2 283 000
Operating Profit	2 941 000	5 084 000	3 546 000	2 763 000
Financial Income	958 000	198 000	60 000	30 000
Financial Costs	2 094 000	333 000	500 000	66 000
Financial Balance	−1 136 000	−135 000	−440 000	−36 000
Dividends	0	0	0	0
Net Income	1 155 000	3 839 000	2 413 000	2 130 000

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	6 601 000	5 885 000	979 000	635 000
Total Tangible Assets	6 601 000	5 885 000	979 000	635 000
Total Fiancial Fixed Assets	7 170 000	7 810 000	6 000 000	0
Total Fixed Assets	13 771 000	13 695 000	6 979 000	635 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	62 000	996 000	29 000
Total Current Assets	1 216 000	2 060 000	1 989 000	5 731 000
Total Assets	14 987 000	15 755 000	8 969 000	6 366 000
Total Equity	8 442 000	8 932 000	5 366 000	3 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 898 000	2 173 000	47 000	20 000
Creditors	874 000	819 000	163 000	155 000
Unpaid Taxes	71 000	74 000	72 000	65 000
Dividends	0	0	0	0
Other Current Debt	3 125 000	2 777 000	2 228 000	1 621 000
Total Current Debt	4 648 000	4 650 000	3 555 000	3 153 000
Total Equity and Debt	14 987 000	15 755 000	8 969 000	6 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,68 %	42,98 %	44,97 %	66,71 %
Debt-to-Equity Ratio	0,22	0,24	0,01	0,01
Operating Profit Margin	40,65 %	59,48 %	58,67 %	54,76 %
Current Ratio	0,26	0,44	0,56	1,82
Quick Ratio	0,26	0,44	0,56	1,82
Equity Ratio	0,56	0,57	0,6	0,5
Gross Profit Margin	100 %	100 %	100 %	106,54 %