POWERPEX AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

69,33 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 919 000	7 440 000	6 688 000	5 945 000
Net Income	823 000	−516 000	294 000	167 000
Total Assets	4 422 000	2 933 000	2 083 000	1 586 000
Total Equity	1 187 000	364 000	880 000	585 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 919 000	7 440 000	6 688 000	5 945 000
Expenditure	9 944 000	7 951 000	6 323 000	5 724 000
Operating Profit	976 000	−511 000	364 000	220 000
Financial Income	1 000	1 000	18 000	1 000
Financial Costs	58 000	13 000	5 000	5 000
Financial Balance	−57 000	−12 000	13 000	−4 000
Earnings Before Tax	918 000	−523 000	378 000	217 000
Tax	95 000	−7 000	83 000	50 000
Net Income	823 000	−516 000	294 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 063 000	1 280 000	314 000	183 000
Total Current Assets	3 359 000	1 653 000	1 768 000	1 403 000
Total Assets	4 422 000	2 933 000	2 083 000	1 586 000
Total Retained Equity	1 157 000	334 000	850 000	555 000
Total Equity	1 187 000	364 000	880 000	585 000
Total Long-Term Debt	939 000	1 104 000	171 000	45 000
Total Current Debt	2 296 000	1 465 000	1 032 000	956 000
Total Equity and Debt	4 422 000	2 933 000	2 083 000	1 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 919 000	7 440 000	6 688 000	5 945 000
Other Income	0	0	0	0
Revenue	10 919 000	7 440 000	6 688 000	5 945 000
Cost of Goods Sold	2 581 000	2 891 000	2 674 000	2 334 000
Salary Costs	5 554 000	3 804 000	2 730 000	2 642 000
Depreciation	217 000	150 000	85 000	66 000
Impairment	0	0	0	0
Expenditure	9 944 000	7 951 000	6 323 000	5 724 000
Operating Profit	976 000	−511 000	364 000	220 000
Financial Income	1 000	1 000	18 000	1 000
Financial Costs	58 000	13 000	5 000	5 000
Financial Balance	−57 000	−12 000	13 000	−4 000
Dividends	0	0	0	0
Net Income	823 000	−516 000	294 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 063 000	1 280 000	314 000	183 000
Total Tangible Assets	1 063 000	1 280 000	314 000	183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 063 000	1 280 000	314 000	183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 330 000	628 000	1 094 000	674 000
Total Current Assets	3 359 000	1 653 000	1 768 000	1 403 000
Total Assets	4 422 000	2 933 000	2 083 000	1 586 000
Total Equity	1 187 000	364 000	880 000	585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	939 000	1 104 000	171 000	45 000
Creditors	433 000	543 000	209 000	386 000
Unpaid Taxes	787 000	315 000	345 000	238 000
Dividends	0	0	0	0
Other Current Debt	992 000	607 000	394 000	274 000
Total Current Debt	2 296 000	1 465 000	1 032 000	956 000
Total Equity and Debt	4 422 000	2 933 000	2 083 000	1 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,33 %	−141,76 %	33,41 %	28,55 %
Debt-to-Equity Ratio	0,79	3,03	0,19	0,08
Operating Profit Margin	8,94 %	−6,87 %	5,44 %	3,7 %
Current Ratio	1,46	1,13	1,71	1,47
Quick Ratio	1,46	1,13	1,71	1,47
Equity Ratio	0,27	0,12	0,42	0,37
Gross Profit Margin	76,36 %	61,14 %	60,02 %	60,74 %