POWERTECH ENGINEERING AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

45,03 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 503 000	65 429 000	59 637 000	59 478 000
Net Income	5 853 000	3 607 000	1 270 000	179 000
Total Assets	40 545 000	27 258 000	16 206 000	14 943 000
Total Equity	12 998 000	7 144 000	3 537 000	1 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 503 000	65 429 000	59 637 000	59 478 000
Expenditure	92 873 000	60 729 000	57 983 000	59 197 000
Operating Profit	7 630 000	4 699 000	1 654 000	282 000
Financial Income	30 000	1 000	3 000	4 000
Financial Costs	120 000	71 000	20 000	69 000
Financial Balance	−90 000	−70 000	−17 000	−65 000
Earnings Before Tax	7 541 000	4 629 000	1 637 000	217 000
Tax	1 687 000	1 022 000	367 000	38 000
Net Income	5 853 000	3 607 000	1 270 000	179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 907 000	8 124 000	4 446 000	434 000
Total Current Assets	31 638 000	19 133 000	11 760 000	14 509 000
Total Assets	40 545 000	27 258 000	16 206 000	14 943 000
Total Retained Equity	12 542 000	6 689 000	3 082 000	1 812 000
Total Equity	12 998 000	7 144 000	3 537 000	1 872 000
Total Long-Term Debt	2 657 000	970 000	983 000	0
Total Current Debt	24 890 000	19 144 000	11 686 000	13 071 000
Total Equity and Debt	40 545 000	27 258 000	16 206 000	14 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 503 000	65 429 000	59 637 000	59 478 000
Other Income	0	0	0	0
Revenue	100 503 000	65 429 000	59 637 000	59 478 000
Cost of Goods Sold	40 699 000	22 699 000	17 506 000	17 420 000
Salary Costs	45 742 000	33 803 000	35 656 000	35 137 000
Depreciation	2 568 000	1 519 000	743 000	272 000
Impairment	0	0	0	0
Expenditure	92 873 000	60 729 000	57 983 000	59 197 000
Operating Profit	7 630 000	4 699 000	1 654 000	282 000
Financial Income	30 000	1 000	3 000	4 000
Financial Costs	120 000	71 000	20 000	69 000
Financial Balance	−90 000	−70 000	−17 000	−65 000
Dividends	0	0	0	0
Net Income	5 853 000	3 607 000	1 270 000	179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 340 000	7 716 000	4 182 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	567 000	409 000	264 000	420 000
Total Tangible Assets	567 000	409 000	264 000	420 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 907 000	8 124 000	4 446 000	434 000
Stock	605 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	6 000
Total Current Assets	31 638 000	19 133 000	11 760 000	14 509 000
Total Assets	40 545 000	27 258 000	16 206 000	14 943 000
Total Equity	12 998 000	7 144 000	3 537 000	1 872 000
Short-Term Group Debt	9 419 000	5 952 000	591 000	4 182 000
Total Long-Term Debt	2 657 000	970 000	983 000	0
Creditors	3 782 000	3 846 000	3 772 000	1 021 000
Unpaid Taxes	5 979 000	3 908 000	3 373 000	4 023 000
Dividends	0	0	0	0
Other Current Debt	5 711 000	4 403 000	3 949 000	3 844 000
Total Current Debt	24 890 000	19 144 000	11 686 000	13 071 000
Total Equity and Debt	40 545 000	27 258 000	16 206 000	14 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,03 %	50,49 %	35,91 %	9,56 %
Debt-to-Equity Ratio	0,2	0,14	0,28	0
Operating Profit Margin	7,59 %	7,18 %	2,77 %	0,47 %
Current Ratio	1,27	1	1,01	1,11
Quick Ratio	1,3	1	1,01	1,11
Equity Ratio	0,32	0,26	0,22	0,13
Gross Profit Margin	59,5 %	65,31 %	70,65 %	70,71 %