PHILIPS NORGE AS

0663 OSLO

Finances

Share Ownership

Return on Equity

12,61 %

Current Ratio

2,74

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 556 000	423 213 000	502 838 000	447 025 000
Net Income	8 835 000	11 391 000	31 000	3 990 000
Total Assets	104 268 000	185 286 000	187 708 000	199 021 000
Total Equity	70 089 000	61 255 000	49 864 000	49 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 556 000	423 213 000	502 838 000	447 025 000
Expenditure	237 296 000	406 939 000	503 095 000	441 454 000
Operating Profit	11 261 000	16 274 000	−258 000	5 572 000
Financial Income	388 000	596 000	1 333 000	99 000
Financial Costs	177 000	2 203 000	956 000	363 000
Financial Balance	211 000	−1 607 000	377 000	−264 000
Earnings Before Tax	11 472 000	14 667 000	119 000	5 308 000
Tax	2 637 000	3 277 000	88 000	1 318 000
Net Income	8 835 000	11 391 000	31 000	3 990 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 849 000	9 297 000	6 908 000	2 779 000
Total Current Assets	89 419 000	175 989 000	180 800 000	196 243 000
Total Assets	104 268 000	185 286 000	187 708 000	199 021 000
Total Retained Equity	28 045 000	19 210 000	7 820 000	7 789 000
Total Equity	70 089 000	61 255 000	49 864 000	49 833 000
Total Long-Term Debt	1 585 000	1 961 000	0	0
Total Current Debt	32 594 000	122 070 000	137 844 000	149 188 000
Total Equity and Debt	104 268 000	185 286 000	187 708 000	199 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	245 158 000	419 158 000	502 838 000	445 431 000
Other Income	3 398 000	4 055 000	0	1 594 000
Revenue	248 556 000	423 213 000	502 838 000	447 025 000
Cost of Goods Sold	130 414 000	269 414 000	363 435 000	341 717 000
Salary Costs	61 781 000	66 188 000	60 539 000	49 838 000
Depreciation	1 718 000	25 000	204 000	314 000
Impairment	0	0	0	0
Expenditure	237 296 000	406 939 000	503 095 000	441 454 000
Operating Profit	11 261 000	16 274 000	−258 000	5 572 000
Financial Income	388 000	596 000	1 333 000	99 000
Financial Costs	177 000	2 203 000	956 000	363 000
Financial Balance	211 000	−1 607 000	377 000	−264 000
Dividends	0	0	0	0
Net Income	8 835 000	11 391 000	31 000	3 990 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 336 000	7 388 000	5 108 000	2 341 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 513 000	1 909 000	1 800 000	310 000
Fixtures	0	0	0	0
Total Tangible Assets	9 513 000	1 909 000	1 800 000	310 000
Total Fiancial Fixed Assets	0	0	0	128 000
Total Fixed Assets	14 849 000	9 297 000	6 908 000	2 779 000
Stock	5 252 000	8 543 000	12 591 000	12 114 000
Total Investments	0	1 439 000	845 000	2 161 000
Cash, Bank	2 236 000	2 296 000	3 501 000	1 985 000
Total Current Assets	89 419 000	175 989 000	180 800 000	196 243 000
Total Assets	104 268 000	185 286 000	187 708 000	199 021 000
Total Equity	70 089 000	61 255 000	49 864 000	49 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 585 000	1 961 000	0	0
Creditors	6 803 000	31 226 000	15 336 000	56 855 000
Unpaid Taxes	8 152 000	23 839 000	23 777 000	26 339 000
Dividends	0	0	0	0
Other Current Debt	17 639 000	61 449 000	95 877 000	64 071 000
Total Current Debt	32 594 000	122 070 000	137 844 000	149 188 000
Total Equity and Debt	104 268 000	185 286 000	187 708 000	199 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,61 %	18,6 %	0,06 %	8,01 %
Debt-to-Equity Ratio	0,02	0,03	0	0
Operating Profit Margin	4,53 %	3,85 %	−0,05 %	1,25 %
Current Ratio	2,74	1,44	1,31	1,32
Quick Ratio	3,27	1,55	1,44	1,43
Equity Ratio	0,67	0,33	0,27	0,25
Gross Profit Margin	47,53 %	36,34 %	27,72 %	23,56 %