PANCOVEIEN 22 A AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

8,09 %

Current Ratio

0,74

Debt-to-Equity Ratio

3,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 201 000	1 190 000	1 251 000	1 233 000
Net Income	114 000	347 000	406 000	426 000
Total Assets	6 696 000	6 877 000	7 465 000	7 914 000
Total Equity	1 410 000	1 296 000	1 449 000	1 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 201 000	1 190 000	1 251 000	1 233 000
Expenditure	885 000	618 000	578 000	487 000
Operating Profit	316 000	572 000	673 000	746 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	172 000	130 000	156 000	203 000
Financial Balance	−170 000	−128 000	−154 000	−201 000
Earnings Before Tax	146 000	444 000	520 000	545 000
Tax	32 000	97 000	114 000	120 000
Net Income	114 000	347 000	406 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 172 000	6 356 000	6 540 000	6 724 000
Total Current Assets	524 000	521 000	925 000	1 190 000
Total Assets	6 696 000	6 877 000	7 465 000	7 914 000
Total Retained Equity	1 310 000	1 196 000	1 349 000	944 000
Total Equity	1 410 000	1 296 000	1 449 000	1 044 000
Total Long-Term Debt	4 576 000	4 959 000	5 338 000	5 713 000
Total Current Debt	711 000	622 000	678 000	1 158 000
Total Equity and Debt	6 696 000	6 877 000	7 465 000	7 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 201 000	1 190 000	1 251 000	1 233 000
Other Income	0	0	0	0
Revenue	1 201 000	1 190 000	1 251 000	1 233 000
Cost of Goods Sold	0	7 000	6 000	0
Salary Costs	0	0	0	0
Depreciation	184 000	184 000	184 000	184 000
Impairment	0	0	0	0
Expenditure	885 000	618 000	578 000	487 000
Operating Profit	316 000	572 000	673 000	746 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	172 000	130 000	156 000	203 000
Financial Balance	−170 000	−128 000	−154 000	−201 000
Dividends	0	500 000	0	500 000
Net Income	114 000	347 000	406 000	426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 169 000	6 350 000	6 531 000	6 712 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	6 000	9 000	12 000
Total Tangible Assets	6 172 000	6 356 000	6 540 000	6 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 172 000	6 356 000	6 540 000	6 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	169 000	197 000	583 000	912 000
Total Current Assets	524 000	521 000	925 000	1 190 000
Total Assets	6 696 000	6 877 000	7 465 000	7 914 000
Total Equity	1 410 000	1 296 000	1 449 000	1 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 576 000	4 959 000	5 338 000	5 713 000
Creditors	102 000	31 000	25 000	1 000
Unpaid Taxes	71 000	16 000	17 000	21 000
Dividends	0	500 000	0	500 000
Other Current Debt	514 000	489 000	537 000	535 000
Total Current Debt	711 000	622 000	678 000	1 158 000
Total Equity and Debt	6 696 000	6 877 000	7 465 000	7 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,09 %	26,77 %	28,02 %	40,8 %
Debt-to-Equity Ratio	3,25	3,83	3,68	5,47
Operating Profit Margin	26,31 %	48,07 %	53,8 %	60,5 %
Current Ratio	0,74	0,84	1,36	1,03
Quick Ratio	0,74	0,84	1,36	1,03
Equity Ratio	0,21	0,19	0,19	0,13
Gross Profit Margin	100 %	99,41 %	99,52 %	100 %