PETRE AS

9405 HARSTAD

Finances

Return on Equity

11,11 %

Current Ratio

0,28

Debt-to-Equity Ratio

−9,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 177 000	2 123 000	1 711 000	1 868 000
Net Income	−74 000	17 000	−153 000	−216 000
Total Assets	7 366 000	7 669 000	7 729 000	8 027 000
Total Equity	−666 000	−592 000	−609 000	−456 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 177 000	2 123 000	1 711 000	1 868 000
Expenditure	1 863 000	1 987 000	1 790 000	2 120 000
Operating Profit	314 000	136 000	−79 000	−251 000
Financial Income	29 000	60 000	80 000	207 000
Financial Costs	412 000	191 000	218 000	291 000
Financial Balance	−383 000	−131 000	−138 000	−84 000
Earnings Before Tax	−69 000	5 000	−218 000	−335 000
Tax	5 000	−12 000	−65 000	−119 000
Net Income	−74 000	17 000	−153 000	−216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 975 000	7 302 000	6 953 000	7 213 000
Total Current Assets	391 000	367 000	776 000	814 000
Total Assets	7 366 000	7 669 000	7 729 000	8 027 000
Total Retained Equity	−2 265 000	−2 191 000	−2 208 000	−2 055 000
Total Equity	−666 000	−592 000	−609 000	−456 000
Total Long-Term Debt	6 643 000	6 884 000	7 076 000	7 442 000
Total Current Debt	1 389 000	1 377 000	1 263 000	1 041 000
Total Equity and Debt	7 366 000	7 669 000	7 729 000	8 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 177 000	2 123 000	1 711 000	1 868 000
Revenue	2 177 000	2 123 000	1 711 000	1 868 000
Cost of Goods Sold	0	0	0	0
Salary Costs	282 000	240 000	267 000	248 000
Depreciation	359 000	328 000	325 000	325 000
Impairment	0	0	0	0
Expenditure	1 863 000	1 987 000	1 790 000	2 120 000
Operating Profit	314 000	136 000	−79 000	−251 000
Financial Income	29 000	60 000	80 000	207 000
Financial Costs	412 000	191 000	218 000	291 000
Financial Balance	−383 000	−131 000	−138 000	−84 000
Dividends	0	0	0	0
Net Income	−74 000	17 000	−153 000	−216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	300 000	305 000	293 000	228 000
Real Eastate	6 609 000	6 963 000	6 624 000	6 947 000
Machinery and Plant Facilities	35 000	0	0	0
Fixtures	13 000	15 000	18 000	20 000
Total Tangible Assets	6 656 000	6 979 000	6 642 000	6 966 000
Total Fiancial Fixed Assets	19 000	19 000	19 000	19 000
Total Fixed Assets	6 975 000	7 302 000	6 953 000	7 213 000
Stock	0	0	0	0
Total Investments	167 000	151 000	98 000	567 000
Cash, Bank	176 000	137 000	552 000	168 000
Total Current Assets	391 000	367 000	776 000	814 000
Total Assets	7 366 000	7 669 000	7 729 000	8 027 000
Total Equity	−666 000	−592 000	−609 000	−456 000
Short-Term Group Debt	1 175 000	987 000	999 000	815 000
Total Long-Term Debt	6 643 000	6 884 000	7 076 000	7 442 000
Creditors	42 000	216 000	113 000	93 000
Unpaid Taxes	23 000	37 000	11 000	−6 000
Dividends	0	0	0	0
Other Current Debt	149 000	138 000	140 000	139 000
Total Current Debt	1 389 000	1 377 000	1 263 000	1 041 000
Total Equity and Debt	7 366 000	7 669 000	7 729 000	8 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	−2,87 %	25,12 %	47,37 %
Debt-to-Equity Ratio	−9,97	−11,63	−11,62	−16,32
Operating Profit Margin	14,42 %	6,41 %	−4,62 %	−13,44 %
Current Ratio	0,28	0,27	0,61	0,78
Quick Ratio	0,28	0,27	0,61	0,78
Equity Ratio	−0,09	−0,08	−0,08	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %