PHILLIPSHAUGEN AS

6610 ØKSENDAL

Finances

Share Ownership

Return on Equity

−0,1 %

Current Ratio

0,37

Debt-to-Equity Ratio

−3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	571 000	578 000	315 000	520 000
Net Income	1 000	54 000	−165 000	−59 000
Total Assets	2 501 000	2 540 000	2 538 000	2 561 000
Total Equity	−1 052 000	−1 053 000	−1 108 000	−1 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	571 000	578 000	315 000	520 000
Expenditure	365 000	352 000	361 000	421 000
Operating Profit	207 000	225 000	−46 000	99 000
Financial Income	0	0	0	0
Financial Costs	206 000	155 000	166 000	175 000
Financial Balance	−206 000	−155 000	−166 000	−175 000
Earnings Before Tax	1 000	70 000	−212 000	−76 000
Tax	0	15 000	−47 000	−17 000
Net Income	1 000	54 000	−165 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 425 000	2 273 000	2 402 000	2 419 000
Total Current Assets	76 000	266 000	136 000	141 000
Total Assets	2 501 000	2 540 000	2 538 000	2 561 000
Total Retained Equity	−1 897 000	−1 898 000	−1 952 000	−1 787 000
Total Equity	−1 052 000	−1 053 000	−1 108 000	−1 392 000
Total Long-Term Debt	3 346 000	3 565 000	3 630 000	3 919 000
Total Current Debt	208 000	28 000	16 000	34 000
Total Equity and Debt	2 501 000	2 540 000	2 538 000	2 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 000	0	0	0
Other Income	549 000	578 000	315 000	520 000
Revenue	571 000	578 000	315 000	520 000
Cost of Goods Sold	0	0	0	11 000
Salary Costs	0	18 000	0	0
Depreciation	61 000	114 000	119 000	170 000
Impairment	0	0	0	0
Expenditure	365 000	352 000	361 000	421 000
Operating Profit	207 000	225 000	−46 000	99 000
Financial Income	0	0	0	0
Financial Costs	206 000	155 000	166 000	175 000
Financial Balance	−206 000	−155 000	−166 000	−175 000
Dividends	0	0	0	0
Net Income	1 000	54 000	−165 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	474 000	475 000	490 000	444 000
Real Eastate	1 950 000	1 799 000	1 912 000	1 971 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	1 950 000	1 799 000	1 912 000	1 975 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 425 000	2 273 000	2 402 000	2 419 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	243 000	30 000	113 000
Total Current Assets	76 000	266 000	136 000	141 000
Total Assets	2 501 000	2 540 000	2 538 000	2 561 000
Total Equity	−1 052 000	−1 053 000	−1 108 000	−1 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 346 000	3 565 000	3 630 000	3 919 000
Creditors	174 000	16 000	0	0
Unpaid Taxes	0	0	1 000	7 000
Dividends	0	0	0	0
Other Current Debt	33 000	12 000	15 000	27 000
Total Current Debt	208 000	28 000	16 000	34 000
Total Equity and Debt	2 501 000	2 540 000	2 538 000	2 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,1 %	−5,13 %	14,89 %	4,24 %
Debt-to-Equity Ratio	−3,18	−3,39	−3,28	−2,82
Operating Profit Margin	36,25 %	38,93 %	−14,6 %	19,04 %
Current Ratio	0,37	9,5	8,5	4,15
Quick Ratio	0,37	9,5	8,5	4,15
Equity Ratio	−0,42	−0,41	−0,44	−0,54
Gross Profit Margin	100 %	100 %	100 %	97,88 %