PANCOVEIEN 26 AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

27,2 %

Current Ratio

0,68

Debt-to-Equity Ratio

2,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 169 000	1 810 000	1 034 000	1 020 000
Net Income	423 000	404 000	325 000	318 000
Total Assets	6 603 000	7 678 000	7 528 000	7 799 000
Total Equity	1 555 000	1 523 000	1 481 000	1 417 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 169 000	1 810 000	1 034 000	1 020 000
Expenditure	1 457 000	1 153 000	521 000	438 000
Operating Profit	713 000	657 000	513 000	582 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	174 000	140 000	100 000	178 000
Financial Balance	−172 000	−138 000	−98 000	−175 000
Earnings Before Tax	541 000	518 000	416 000	407 000
Tax	119 000	114 000	91 000	89 000
Net Income	423 000	404 000	325 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 975 000	6 185 000	6 395 000	6 494 000
Total Current Assets	628 000	1 493 000	1 133 000	1 305 000
Total Assets	6 603 000	7 678 000	7 528 000	7 799 000
Total Retained Equity	1 455 000	1 423 000	1 381 000	1 317 000
Total Equity	1 555 000	1 523 000	1 481 000	1 417 000
Total Long-Term Debt	4 127 000	5 178 000	4 948 000	5 539 000
Total Current Debt	921 000	976 000	1 100 000	843 000
Total Equity and Debt	6 603 000	7 678 000	7 528 000	7 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 169 000	1 810 000	1 034 000	1 020 000
Other Income	0	0	0	0
Revenue	2 169 000	1 810 000	1 034 000	1 020 000
Cost of Goods Sold	1 025 000	684 000	0	0
Salary Costs	0	0	0	0
Depreciation	210 000	210 000	205 000	201 000
Impairment	0	0	0	0
Expenditure	1 457 000	1 153 000	521 000	438 000
Operating Profit	713 000	657 000	513 000	582 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	174 000	140 000	100 000	178 000
Financial Balance	−172 000	−138 000	−98 000	−175 000
Dividends	0	0	0	0
Net Income	423 000	404 000	325 000	318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 975 000	6 185 000	6 395 000	6 494 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 975 000	6 185 000	6 395 000	6 494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 975 000	6 185 000	6 395 000	6 494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	1 076 000	761 000	949 000
Total Current Assets	628 000	1 493 000	1 133 000	1 305 000
Total Assets	6 603 000	7 678 000	7 528 000	7 799 000
Total Equity	1 555 000	1 523 000	1 481 000	1 417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 127 000	5 178 000	4 948 000	5 539 000
Creditors	15 000	52 000	0	131 000
Unpaid Taxes	68 000	58 000	65 000	26 000
Dividends	0	0	0	0
Other Current Debt	838 000	866 000	1 034 000	686 000
Total Current Debt	921 000	976 000	1 100 000	843 000
Total Equity and Debt	6 603 000	7 678 000	7 528 000	7 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,2 %	26,53 %	21,94 %	22,44 %
Debt-to-Equity Ratio	2,65	3,4	3,34	3,91
Operating Profit Margin	32,87 %	36,3 %	49,61 %	57,06 %
Current Ratio	0,68	1,53	1,03	1,55
Quick Ratio	0,68	1,53	1,03	1,55
Equity Ratio	0,24	0,2	0,2	0,18
Gross Profit Margin	52,74 %	62,21 %	100 %	100 %