PETRO.NO AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

117,33 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 789 000	11 382 000	4 378 000	8 340 000
Net Income	2 200 000	2 069 000	−20 000	591 000
Total Assets	7 667 000	5 540 000	5 765 000	3 875 000
Total Equity	1 875 000	1 675 000	2 006 000	2 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 789 000	11 382 000	4 378 000	8 340 000
Expenditure	6 967 000	8 728 000	4 403 000	7 582 000
Operating Profit	2 821 000	2 654 000	−25 000	758 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	2 820 000	2 653 000	−26 000	758 000
Tax	620 000	584 000	−6 000	167 000
Net Income	2 200 000	2 069 000	−20 000	591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	412 000	466 000	402 000
Total Current Assets	7 354 000	5 128 000	5 298 000	3 474 000
Total Assets	7 667 000	5 540 000	5 765 000	3 875 000
Total Retained Equity	838 000	638 000	969 000	989 000
Total Equity	1 875 000	1 675 000	2 006 000	2 026 000
Total Long-Term Debt	8 000	9 000	4 000	0
Total Current Debt	5 784 000	3 855 000	3 755 000	1 849 000
Total Equity and Debt	7 667 000	5 540 000	5 765 000	3 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 789 000	11 382 000	4 369 000	8 340 000
Other Income	0	0	9 000	0
Revenue	9 789 000	11 382 000	4 378 000	8 340 000
Cost of Goods Sold	3 630 000	3 895 000	1 488 000	3 638 000
Salary Costs	2 300 000	2 030 000	1 696 000	2 268 000
Depreciation	145 000	271 000	231 000	186 000
Impairment	0	0	0	0
Expenditure	6 967 000	8 728 000	4 403 000	7 582 000
Operating Profit	2 821 000	2 654 000	−25 000	758 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	0	0
Dividends	2 000 000	2 400 000	0	0
Net Income	2 200 000	2 069 000	−20 000	591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	310 000	402 000	451 000	402 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	9 000	16 000	0
Total Tangible Assets	3 000	9 000	16 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	313 000	412 000	466 000	402 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 992 000	3 647 000	3 575 000	1 857 000
Total Current Assets	7 354 000	5 128 000	5 298 000	3 474 000
Total Assets	7 667 000	5 540 000	5 765 000	3 875 000
Total Equity	1 875 000	1 675 000	2 006 000	2 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	9 000	4 000	0
Creditors	255 000	20 000	15 000	25 000
Unpaid Taxes	188 000	140 000	232 000	277 000
Dividends	2 000 000	2 400 000	0	0
Other Current Debt	2 719 000	2 617 000	3 508 000	1 380 000
Total Current Debt	5 784 000	3 855 000	3 755 000	1 849 000
Total Equity and Debt	7 667 000	5 540 000	5 765 000	3 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,33 %	123,52 %	−1 %	29,17 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	28,82 %	23,32 %	−0,57 %	9,09 %
Current Ratio	1,27	1,33	1,41	1,88
Quick Ratio	1,27	1,33	1,41	1,88
Equity Ratio	0,24	0,3	0,35	0,52
Gross Profit Margin	62,92 %	65,78 %	66,01 %	56,38 %