PRIMORIS AS

3212 SANDEFJORD

Finances

Share Ownership

Return on Equity

17,32 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 887 000	3 640 000	2 557 000	2 008 000
Net Income	396 000	537 000	142 000	186 000
Total Assets	2 985 000	2 524 000	1 957 000	1 996 000
Total Equity	2 286 000	1 891 000	1 354 000	1 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 887 000	3 640 000	2 557 000	2 008 000
Expenditure	2 388 000	2 937 000	2 376 000	1 767 000
Operating Profit	498 000	703 000	180 000	241 000
Financial Income	31 000	15 000	26 000	6 000
Financial Costs	22 000	30 000	22 000	7 000
Financial Balance	9 000	−15 000	4 000	−1 000
Earnings Before Tax	507 000	688 000	185 000	240 000
Tax	112 000	151 000	43 000	53 000
Net Income	396 000	537 000	142 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 550 000	0	458 000	620 000
Total Current Assets	1 435 000	2 524 000	1 499 000	1 376 000
Total Assets	2 985 000	2 524 000	1 957 000	1 996 000
Total Retained Equity	1 786 000	1 391 000	854 000	864 000
Total Equity	2 286 000	1 891 000	1 354 000	1 364 000
Total Long-Term Debt	0	0	100 000	100 000
Total Current Debt	699 000	633 000	503 000	533 000
Total Equity and Debt	2 985 000	2 524 000	1 957 000	1 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 887 000	3 640 000	2 557 000	2 008 000
Other Income	0	0	0	0
Revenue	2 887 000	3 640 000	2 557 000	2 008 000
Cost of Goods Sold	2 235 000	2 730 000	2 060 000	1 426 000
Salary Costs	0	0	98 000	132 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 388 000	2 937 000	2 376 000	1 767 000
Operating Profit	498 000	703 000	180 000	241 000
Financial Income	31 000	15 000	26 000	6 000
Financial Costs	22 000	30 000	22 000	7 000
Financial Balance	9 000	−15 000	4 000	−1 000
Dividends	0	0	0	0
Net Income	396 000	537 000	142 000	186 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 550 000	0	458 000	620 000
Total Fixed Assets	1 550 000	0	458 000	620 000
Stock	495 000	996 000	365 000	435 000
Total Investments	0	0	0	0
Cash, Bank	407 000	718 000	462 000	445 000
Total Current Assets	1 435 000	2 524 000	1 499 000	1 376 000
Total Assets	2 985 000	2 524 000	1 957 000	1 996 000
Total Equity	2 286 000	1 891 000	1 354 000	1 364 000
Short-Term Group Debt	0	0	194 000	243 000
Total Long-Term Debt	0	0	100 000	100 000
Creditors	427 000	322 000	181 000	76 000
Unpaid Taxes	161 000	156 000	118 000	140 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	10 000	74 000
Total Current Debt	699 000	633 000	503 000	533 000
Total Equity and Debt	2 985 000	2 524 000	1 957 000	1 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,32 %	28,4 %	10,49 %	13,64 %
Debt-to-Equity Ratio	0	0	0,07	0,07
Operating Profit Margin	17,25 %	19,31 %	7,04 %	12 %
Current Ratio	2,05	3,99	2,98	2,58
Quick Ratio	7,03	−6,95	10,86	14,04
Equity Ratio	0,77	0,75	0,69	0,68
Gross Profit Margin	22,58 %	25 %	19,44 %	28,98 %