PETROLEUM GEO-TECHNOLOGY AS

7020 TRONDHEIM

Finances

Return on Equity

44,61 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	818 000	449 000	740 000	153 000
Net Income	526 000	−40 000	208 000	−217 000
Total Assets	1 658 000	926 000	1 165 000	1 069 000
Total Equity	1 179 000	803 000	844 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	818 000	449 000	740 000	153 000
Expenditure	144 000	501 000	474 000	436 000
Operating Profit	674 000	−52 000	267 000	−283 000
Financial Income	0	4 000	1 000	7 000
Financial Costs	0	3 000	0	0
Financial Balance	0	1 000	1 000	7 000
Earnings Before Tax	674 000	−52 000	267 000	−277 000
Tax	148 000	−11 000	59 000	−60 000
Net Income	526 000	−40 000	208 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	771 000	783 000	641 000	699 000
Total Current Assets	888 000	143 000	524 000	370 000
Total Assets	1 658 000	926 000	1 165 000	1 069 000
Total Retained Equity	1 149 000	773 000	814 000	605 000
Total Equity	1 179 000	803 000	844 000	635 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	479 000	123 000	321 000	434 000
Total Equity and Debt	1 658 000	926 000	1 165 000	1 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	978 000	529 000	660 000	354 000
Other Income	−160 000	−80 000	80 000	−201 000
Revenue	818 000	449 000	740 000	153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	79 000	415 000	384 000	78 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	144 000	501 000	474 000	436 000
Operating Profit	674 000	−52 000	267 000	−283 000
Financial Income	0	4 000	1 000	7 000
Financial Costs	0	3 000	0	0
Financial Balance	0	1 000	1 000	7 000
Dividends	150 000	0	0	0
Net Income	526 000	−40 000	208 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	1 000	60 000
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	771 000	771 000	639 000	639 000
Total Fixed Assets	771 000	783 000	641 000	699 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	62 000	48 000	444 000	356 000
Total Current Assets	888 000	143 000	524 000	370 000
Total Assets	1 658 000	926 000	1 165 000	1 069 000
Total Equity	1 179 000	803 000	844 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	2 000	6 000	5 000
Unpaid Taxes	63 000	16 000	260 000	119 000
Dividends	150 000	0	0	0
Other Current Debt	261 000	105 000	55 000	310 000
Total Current Debt	479 000	123 000	321 000	434 000
Total Equity and Debt	1 658 000	926 000	1 165 000	1 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,61 %	−4,98 %	24,64 %	−34,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	82,4 %	−11,58 %	36,08 %	−184,97 %
Current Ratio	1,85	1,16	1,63	0,85
Quick Ratio	1,85	1,16	1,63	0,85
Equity Ratio	0,71	0,87	0,72	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %