PETRONAVIT AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

−2,18 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 788 000	3 091 000	2 749 000	3 848 000
Net Income	−15 000	39 000	89 000	195 000
Total Assets	1 802 000	1 459 000	1 068 000	1 881 000
Total Equity	687 000	702 000	663 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 788 000	3 091 000	2 749 000	3 848 000
Expenditure	2 773 000	3 107 000	2 675 000	3 633 000
Operating Profit	16 000	−16 000	74 000	214 000
Financial Income	1 000	61 000	35 000	30 000
Financial Costs	33 000	0	1 000	0
Financial Balance	−32 000	61 000	34 000	30 000
Earnings Before Tax	−16 000	45 000	109 000	244 000
Tax	−1 000	5 000	20 000	49 000
Net Income	−15 000	39 000	89 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	10 000	17 000
Total Current Assets	1 802 000	1 455 000	1 058 000	1 864 000
Total Assets	1 802 000	1 459 000	1 068 000	1 881 000
Total Retained Equity	577 000	592 000	553 000	464 000
Total Equity	687 000	702 000	663 000	574 000
Total Long-Term Debt	0	1 000	2 000	1 000
Total Current Debt	1 114 000	756 000	403 000	1 306 000
Total Equity and Debt	1 802 000	1 459 000	1 068 000	1 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 788 000	3 091 000	2 749 000	3 848 000
Other Income	0	0	0	0
Revenue	2 788 000	3 091 000	2 749 000	3 848 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 252 000	2 519 000	2 379 000	3 189 000
Depreciation	4 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 773 000	3 107 000	2 675 000	3 633 000
Operating Profit	16 000	−16 000	74 000	214 000
Financial Income	1 000	61 000	35 000	30 000
Financial Costs	33 000	0	1 000	0
Financial Balance	−32 000	61 000	34 000	30 000
Dividends	0	0	0	0
Net Income	−15 000	39 000	89 000	195 000

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	0	4 000	10 000	17 000
Total Tangible Assets	0	4 000	10 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 000	10 000	17 000
Stock	0	0	0	0
Total Investments	662 000	610 000	564 000	529 000
Cash, Bank	923 000	437 000	367 000	723 000
Total Current Assets	1 802 000	1 455 000	1 058 000	1 864 000
Total Assets	1 802 000	1 459 000	1 068 000	1 881 000
Total Equity	687 000	702 000	663 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	1 000
Creditors	72 000	17 000	17 000	6 000
Unpaid Taxes	206 000	237 000	163 000	697 000
Dividends	0	0	0	0
Other Current Debt	837 000	495 000	204 000	570 000
Total Current Debt	1 114 000	756 000	403 000	1 306 000
Total Equity and Debt	1 802 000	1 459 000	1 068 000	1 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,18 %	5,56 %	13,42 %	33,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,57 %	−0,52 %	2,69 %	5,56 %
Current Ratio	1,62	1,92	2,63	1,43
Quick Ratio	1,62	1,92	2,63	1,43
Equity Ratio	0,38	0,48	0,62	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %