IFORM PORSGRUNN AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

58,7 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 771 000	2 966 000	2 584 000	3 086 000
Net Income	253 000	115 000	−176 000	158 000
Total Assets	1 827 000	1 575 000	932 000	632 000
Total Equity	431 000	179 000	63 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 771 000	2 966 000	2 584 000	3 086 000
Expenditure	3 462 000	2 814 000	2 797 000	2 877 000
Operating Profit	308 000	152 000	−212 000	210 000
Financial Income	6 000	2 000	1 000	2 000
Financial Costs	1 000	0	2 000	0
Financial Balance	5 000	2 000	−1 000	2 000
Earnings Before Tax	313 000	154 000	−213 000	211 000
Tax	60 000	39 000	−36 000	53 000
Net Income	253 000	115 000	−176 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 055 000	146 000	178 000	286 000
Total Current Assets	772 000	1 429 000	754 000	346 000
Total Assets	1 827 000	1 575 000	932 000	632 000
Total Retained Equity	401 000	149 000	33 000	210 000
Total Equity	431 000	179 000	63 000	240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 396 000	1 396 000	868 000	392 000
Total Equity and Debt	1 827 000	1 575 000	932 000	632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 771 000	2 290 000	2 264 000	3 086 000
Other Income	0	676 000	320 000	0
Revenue	3 771 000	2 966 000	2 584 000	3 086 000
Cost of Goods Sold	44 000	43 000	39 000	30 000
Salary Costs	1 219 000	823 000	780 000	785 000
Depreciation	104 000	104 000	109 000	109 000
Impairment	0	0	0	0
Expenditure	3 462 000	2 814 000	2 797 000	2 877 000
Operating Profit	308 000	152 000	−212 000	210 000
Financial Income	6 000	2 000	1 000	2 000
Financial Costs	1 000	0	2 000	0
Financial Balance	5 000	2 000	−1 000	2 000
Dividends	0	0	0	0
Net Income	253 000	115 000	−176 000	158 000

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	355 000	146 000	178 000	286 000
Total Tangible Assets	355 000	146 000	178 000	286 000
Total Fiancial Fixed Assets	700 000	0	0	0
Total Fixed Assets	1 055 000	146 000	178 000	286 000
Stock	4 000	4 000	3 000	4 000
Total Investments	0	0	0	0
Cash, Bank	374 000	1 158 000	567 000	253 000
Total Current Assets	772 000	1 429 000	754 000	346 000
Total Assets	1 827 000	1 575 000	932 000	632 000
Total Equity	431 000	179 000	63 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	134 000	123 000	125 000	119 000
Unpaid Taxes	92 000	84 000	61 000	67 000
Dividends	0	0	0	0
Other Current Debt	1 109 000	1 151 000	682 000	153 000
Total Current Debt	1 396 000	1 396 000	868 000	392 000
Total Equity and Debt	1 827 000	1 575 000	932 000	632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,7 %	64,25 %	−279,37 %	65,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,17 %	5,12 %	−8,2 %	6,8 %
Current Ratio	0,55	1,02	0,87	0,88
Quick Ratio	0,55	1,03	0,87	0,89
Equity Ratio	0,24	0,11	0,07	0,38
Gross Profit Margin	98,83 %	98,55 %	98,49 %	99,03 %