PORSGRUNDS PORSELÆNSFABRIK AS

3920 PORSGRUNN

Finances

Return on Equity

8,16 %

Current Ratio

3,36

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 803 000	55 136 000	55 757 000	99 504 000
Net Income	1 477 000	2 299 000	379 000	−6 139 000
Total Assets	38 969 000	36 750 000	34 771 000	50 195 000
Total Equity	18 102 000	16 625 000	14 326 000	13 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 803 000	55 136 000	55 757 000	99 504 000
Expenditure	52 361 000	52 175 000	54 448 000	106 824 000
Operating Profit	1 443 000	2 962 000	1 309 000	−7 320 000
Financial Income	654 000	450 000	983 000	259 000
Financial Costs	203 000	464 000	1 805 000	808 000
Financial Balance	451 000	−14 000	−822 000	−549 000
Earnings Before Tax	1 894 000	2 948 000	487 000	−7 869 000
Tax	417 000	649 000	108 000	−1 729 000
Net Income	1 477 000	2 299 000	379 000	−6 139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 470 000	2 724 000	3 912 000	6 291 000
Total Current Assets	36 499 000	34 026 000	30 860 000	43 903 000
Total Assets	38 969 000	36 750 000	34 771 000	50 195 000
Total Retained Equity	4 155 000	2 678 000	379 000	0
Total Equity	18 102 000	16 625 000	14 326 000	13 947 000
Total Long-Term Debt	10 000 000	10 000 000	0	0
Total Current Debt	10 867 000	10 124 000	20 446 000	36 248 000
Total Equity and Debt	38 969 000	36 750 000	34 771 000	50 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 803 000	53 293 000	55 453 000	98 608 000
Other Income	0	1 843 000	304 000	897 000
Revenue	53 803 000	55 136 000	55 757 000	99 504 000
Cost of Goods Sold	23 361 000	22 207 000	26 807 000	53 214 000
Salary Costs	16 100 000	15 709 000	11 387 000	29 030 000
Depreciation	634 000	2 046 000	2 319 000	2 514 000
Impairment	0	0	0	0
Expenditure	52 361 000	52 175 000	54 448 000	106 824 000
Operating Profit	1 443 000	2 962 000	1 309 000	−7 320 000
Financial Income	654 000	450 000	983 000	259 000
Financial Costs	203 000	464 000	1 805 000	808 000
Financial Balance	451 000	−14 000	−822 000	−549 000
Dividends	0	0	0	0
Net Income	1 477 000	2 299 000	379 000	−6 139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 008 000	1 864 000	1 345 000	1 436 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	289 000	688 000	2 015 000	3 785 000
Fixtures	173 000	173 000	551 000	1 071 000
Total Tangible Assets	462 000	861 000	2 567 000	4 856 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 470 000	2 724 000	3 912 000	6 291 000
Stock	10 859 000	10 480 000	11 133 000	13 220 000
Total Investments	0	0	0	0
Cash, Bank	704 000	636 000	542 000	1 182 000
Total Current Assets	36 499 000	34 026 000	30 860 000	43 903 000
Total Assets	38 969 000	36 750 000	34 771 000	50 195 000
Total Equity	18 102 000	16 625 000	14 326 000	13 947 000
Short-Term Group Debt	433 000	312 000	0	12 394 000
Total Long-Term Debt	10 000 000	10 000 000	0	0
Creditors	5 288 000	4 403 000	4 389 000	7 831 000
Unpaid Taxes	3 329 000	3 942 000	3 344 000	1 800 000
Dividends	0	0	0	0
Other Current Debt	1 817 000	1 468 000	2 713 000	4 222 000
Total Current Debt	10 867 000	10 124 000	20 446 000	36 248 000
Total Equity and Debt	38 969 000	36 750 000	34 771 000	50 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	13,83 %	2,65 %	−44,02 %
Debt-to-Equity Ratio	0,55	0,6	0	0
Operating Profit Margin	2,68 %	5,37 %	2,35 %	−7,36 %
Current Ratio	3,36	3,36	1,51	1,21
Quick Ratio	4 562,38	−95,58	3,31	1,91
Equity Ratio	0,46	0,45	0,41	0,28
Gross Profit Margin	56,58 %	59,72 %	51,92 %	46,52 %