PQE AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

22,63 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 217 000	2 047 000	2 293 000	1 314 000
Net Income	172 000	312 000	314 000	359 000
Total Assets	1 272 000	1 684 000	1 737 000	1 445 000
Total Equity	760 000	760 000	748 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 217 000	2 047 000	2 293 000	1 314 000
Expenditure	3 003 000	1 647 000	1 881 000	855 000
Operating Profit	215 000	400 000	411 000	459 000
Financial Income	36 000	1 000	1 000	4 000
Financial Costs	30 000	2 000	0	0
Financial Balance	6 000	−1 000	1 000	4 000
Earnings Before Tax	221 000	400 000	411 000	463 000
Tax	49 000	88 000	97 000	104 000
Net Income	172 000	312 000	314 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	584 000	192 000	143 000
Total Current Assets	807 000	1 101 000	1 545 000	1 302 000
Total Assets	1 272 000	1 684 000	1 737 000	1 445 000
Total Retained Equity	660 000	660 000	648 000	484 000
Total Equity	760 000	760 000	748 000	584 000
Total Long-Term Debt	24 000	27 000	11 000	6 000
Total Current Debt	489 000	897 000	978 000	855 000
Total Equity and Debt	1 272 000	1 684 000	1 737 000	1 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 217 000	2 047 000	2 293 000	1 034 000
Other Income	0	0	0	280 000
Revenue	3 217 000	2 047 000	2 293 000	1 314 000
Cost of Goods Sold	2 013 000	973 000	1 369 000	526 000
Salary Costs	0	0	0	0
Depreciation	118 000	57 000	41 000	36 000
Impairment	0	0	0	0
Expenditure	3 003 000	1 647 000	1 881 000	855 000
Operating Profit	215 000	400 000	411 000	459 000
Financial Income	36 000	1 000	1 000	4 000
Financial Costs	30 000	2 000	0	0
Financial Balance	6 000	−1 000	1 000	4 000
Dividends	172 000	300 000	150 000	0
Net Income	172 000	312 000	314 000	359 000

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	466 000	584 000	192 000	143 000
Total Tangible Assets	466 000	584 000	192 000	143 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	466 000	584 000	192 000	143 000
Stock	114 000	0	0	49 000
Total Investments	0	0	0	0
Cash, Bank	455 000	661 000	434 000	396 000
Total Current Assets	807 000	1 101 000	1 545 000	1 302 000
Total Assets	1 272 000	1 684 000	1 737 000	1 445 000
Total Equity	760 000	760 000	748 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	27 000	11 000	6 000
Creditors	181 000	491 000	609 000	575 000
Unpaid Taxes	65 000	35 000	175 000	128 000
Dividends	172 000	300 000	150 000	0
Other Current Debt	18 000	0	101 000	51 000
Total Current Debt	489 000	897 000	978 000	855 000
Total Equity and Debt	1 272 000	1 684 000	1 737 000	1 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	41,05 %	41,98 %	61,47 %
Debt-to-Equity Ratio	0,03	0,04	0,01	0,01
Operating Profit Margin	6,68 %	19,54 %	17,92 %	34,93 %
Current Ratio	1,65	1,23	1,58	1,52
Quick Ratio	2,15	1,23	1,58	1,62
Equity Ratio	0,6	0,45	0,43	0,4
Gross Profit Margin	37,43 %	52,47 %	40,3 %	59,97 %