POWERCORD AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

17,1 %

Current Ratio

6,25

Debt-to-Equity Ratio

3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 407 000	3 970 000	3 551 000	3 158 000
Net Income	159 000	256 000	270 000	108 000
Total Assets	4 674 000	4 652 000	4 841 000	3 949 000
Total Equity	930 000	772 000	515 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 407 000	3 970 000	3 551 000	3 158 000
Expenditure	3 140 000	3 600 000	3 119 000	2 962 000
Operating Profit	267 000	370 000	431 000	197 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	65 000	67 000	63 000	60 000
Financial Balance	−63 000	−65 000	−61 000	−59 000
Earnings Before Tax	203 000	305 000	370 000	138 000
Tax	45 000	49 000	100 000	30 000
Net Income	159 000	256 000	270 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	888 000	961 000	1 211 000	1 056 000
Total Current Assets	3 785 000	3 691 000	3 629 000	2 893 000
Total Assets	4 674 000	4 652 000	4 841 000	3 949 000
Total Retained Equity	900 000	742 000	485 000	215 000
Total Equity	930 000	772 000	515 000	245 000
Total Long-Term Debt	3 138 000	3 091 000	3 191 000	2 940 000
Total Current Debt	606 000	790 000	1 135 000	764 000
Total Equity and Debt	4 674 000	4 652 000	4 841 000	3 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 407 000	3 970 000	3 551 000	3 158 000
Other Income	0	0	0	0
Revenue	3 407 000	3 970 000	3 551 000	3 158 000
Cost of Goods Sold	2 238 000	2 526 000	2 009 000	1 908 000
Salary Costs	103 000	263 000	114 000	304 000
Depreciation	68 000	74 000	86 000	89 000
Impairment	0	0	0	0
Expenditure	3 140 000	3 600 000	3 119 000	2 962 000
Operating Profit	267 000	370 000	431 000	197 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	65 000	67 000	63 000	60 000
Financial Balance	−63 000	−65 000	−61 000	−59 000
Dividends	0	0	0	0
Net Income	159 000	256 000	270 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	23 000	0	12 000
Real Eastate	805 000	866 000	928 000	989 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	27 000	58 000	54 000
Total Tangible Assets	826 000	894 000	986 000	1 043 000
Total Fiancial Fixed Assets	35 000	44 000	225 000	0
Total Fixed Assets	888 000	961 000	1 211 000	1 056 000
Stock	3 565 000	3 330 000	2 922 000	2 674 000
Total Investments	0	0	0	0
Cash, Bank	160 000	212 000	459 000	43 000
Total Current Assets	3 785 000	3 691 000	3 629 000	2 893 000
Total Assets	4 674 000	4 652 000	4 841 000	3 949 000
Total Equity	930 000	772 000	515 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 138 000	3 091 000	3 191 000	2 940 000
Creditors	66 000	106 000	193 000	48 000
Unpaid Taxes	165 000	159 000	247 000	155 000
Dividends	0	0	0	0
Other Current Debt	326 000	452 000	608 000	523 000
Total Current Debt	606 000	790 000	1 135 000	764 000
Total Equity and Debt	4 674 000	4 652 000	4 841 000	3 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,1 %	33,16 %	52,43 %	44,08 %
Debt-to-Equity Ratio	3,37	4	6,2	12
Operating Profit Margin	7,84 %	9,32 %	12,14 %	6,24 %
Current Ratio	6,25	4,67	3,2	3,79
Quick Ratio	−1,28	−1,45	−2,03	−1,51
Equity Ratio	0,2	0,17	0,11	0,06
Gross Profit Margin	34,31 %	36,37 %	43,42 %	39,58 %