POWERTECH SERVICE AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

19,82 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 128 000	61 162 000	41 143 000	50 994 000
Net Income	1 974 000	3 811 000	0	2 992 000
Total Assets	28 892 000	26 883 000	18 206 000	20 874 000
Total Equity	9 961 000	9 241 000	5 430 000	5 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 128 000	61 162 000	41 143 000	50 994 000
Expenditure	58 844 000	56 360 000	41 263 000	47 107 000
Operating Profit	2 285 000	4 801 000	−121 000	3 888 000
Financial Income	289 000	103 000	150 000	29 000
Financial Costs	26 000	1 000	23 000	59 000
Financial Balance	263 000	102 000	127 000	−30 000
Earnings Before Tax	2 548 000	4 904 000	6 000	3 858 000
Tax	575 000	1 093 000	7 000	865 000
Net Income	1 974 000	3 811 000	0	2 992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	519 000	435 000	225 000	1 303 000
Total Current Assets	28 373 000	26 449 000	17 982 000	19 571 000
Total Assets	28 892 000	26 883 000	18 206 000	20 874 000
Total Retained Equity	9 861 000	9 141 000	5 330 000	5 331 000
Total Equity	9 961 000	9 241 000	5 430 000	5 431 000
Total Long-Term Debt	469 000	249 000	35 000	1 050 000
Total Current Debt	18 462 000	17 393 000	12 741 000	14 393 000
Total Equity and Debt	28 892 000	26 883 000	18 206 000	20 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 128 000	61 162 000	40 851 000	50 994 000
Other Income	0	0	291 000	0
Revenue	61 128 000	61 162 000	41 143 000	50 994 000
Cost of Goods Sold	24 285 000	27 557 000	15 856 000	20 818 000
Salary Costs	28 569 000	22 317 000	19 492 000	21 314 000
Depreciation	171 000	131 000	398 000	386 000
Impairment	0	0	0	0
Expenditure	58 844 000	56 360 000	41 263 000	47 107 000
Operating Profit	2 285 000	4 801 000	−121 000	3 888 000
Financial Income	289 000	103 000	150 000	29 000
Financial Costs	26 000	1 000	23 000	59 000
Financial Balance	263 000	102 000	127 000	−30 000
Dividends	0	0	0	0
Net Income	1 974 000	3 811 000	0	2 992 000

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	14 000	0	0	0
Fixtures	505 000	435 000	225 000	1 303 000
Total Tangible Assets	519 000	435 000	225 000	1 303 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	519 000	435 000	225 000	1 303 000
Stock	582 000	582 000	582 000	537 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	10 000
Total Current Assets	28 373 000	26 449 000	17 982 000	19 571 000
Total Assets	28 892 000	26 883 000	18 206 000	20 874 000
Total Equity	9 961 000	9 241 000	5 430 000	5 431 000
Short-Term Group Debt	8 325 000	5 534 000	6 009 000	4 108 000
Total Long-Term Debt	469 000	249 000	35 000	1 050 000
Creditors	3 925 000	5 649 000	2 641 000	5 313 000
Unpaid Taxes	2 903 000	2 665 000	1 918 000	2 361 000
Dividends	0	0	0	0
Other Current Debt	3 309 000	2 668 000	2 171 000	2 609 000
Total Current Debt	18 462 000	17 393 000	12 741 000	14 393 000
Total Equity and Debt	28 892 000	26 883 000	18 206 000	20 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,82 %	41,24 %	0 %	55,09 %
Debt-to-Equity Ratio	0,05	0,03	0,01	0,19
Operating Profit Margin	3,74 %	7,85 %	−0,29 %	7,62 %
Current Ratio	1,54	1,52	1,41	1,36
Quick Ratio	1,59	1,57	1,48	1,41
Equity Ratio	0,34	0,34	0,3	0,26
Gross Profit Margin	60,27 %	54,94 %	61,46 %	59,18 %