PRINCESS YACHTS NORWAY AS

1390 VOLLEN

Finances

Return on Equity

56,35 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 965 000	154 172 000	49 016 000	18 513 000
Net Income	3 048 000	5 632 000	−2 017 000	−1 503 000
Total Assets	44 738 000	54 481 000	26 852 000	12 921 000
Total Equity	5 409 000	5 032 000	−600 000	−1 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 965 000	154 172 000	49 016 000	18 513 000
Expenditure	109 944 000	147 874 000	49 762 000	20 048 000
Operating Profit	3 021 000	6 297 000	−747 000	−1 535 000
Financial Income	1 920 000	1 570 000	505 000	7 000
Financial Costs	1 011 000	1 552 000	1 774 000	31 000
Financial Balance	909 000	18 000	−1 269 000	−24 000
Earnings Before Tax	3 930 000	6 315 000	−2 017 000	−1 559 000
Tax	882 000	683 000	0	−56 000
Net Income	3 048 000	5 632 000	−2 017 000	−1 503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 547 000	1 808 000	2 070 000	2 315 000
Total Current Assets	43 191 000	52 672 000	24 782 000	10 606 000
Total Assets	44 738 000	54 481 000	26 852 000	12 921 000
Total Retained Equity	5 349 000	2 302 000	−3 330 000	−1 314 000
Total Equity	5 409 000	5 032 000	−600 000	−1 284 000
Total Long-Term Debt	155 000	164 000	4 252 000	5 637 000
Total Current Debt	39 173 000	49 285 000	23 200 000	8 568 000
Total Equity and Debt	44 738 000	54 481 000	26 852 000	12 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 965 000	154 134 000	49 000 000	18 513 000
Other Income	0	38 000	15 000	0
Revenue	112 965 000	154 172 000	49 016 000	18 513 000
Cost of Goods Sold	99 404 000	138 469 000	40 503 000	12 230 000
Salary Costs	5 007 000	4 556 000	4 832 000	4 276 000
Depreciation	261 000	261 000	295 000	293 000
Impairment	0	0	0	0
Expenditure	109 944 000	147 874 000	49 762 000	20 048 000
Operating Profit	3 021 000	6 297 000	−747 000	−1 535 000
Financial Income	1 920 000	1 570 000	505 000	7 000
Financial Costs	1 011 000	1 552 000	1 774 000	31 000
Financial Balance	909 000	18 000	−1 269 000	−24 000
Dividends	0	0	0	0
Net Income	3 048 000	5 632 000	−2 017 000	−1 503 000

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	1 547 000	1 808 000	2 070 000	2 315 000
Total Tangible Assets	1 547 000	1 808 000	2 070 000	2 315 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 547 000	1 808 000	2 070 000	2 315 000
Stock	223 000	16 712 000	346 000	3 316 000
Total Investments	0	0	0	0
Cash, Bank	16 347 000	13 634 000	4 642 000	3 822 000
Total Current Assets	43 191 000	52 672 000	24 782 000	10 606 000
Total Assets	44 738 000	54 481 000	26 852 000	12 921 000
Total Equity	5 409 000	5 032 000	−600 000	−1 284 000
Short-Term Group Debt	563 000	0	0	0
Total Long-Term Debt	155 000	164 000	4 252 000	5 637 000
Creditors	517 000	1 132 000	979 000	4 702 000
Unpaid Taxes	9 854 000	4 162 000	461 000	2 210 000
Dividends	0	0	0	0
Other Current Debt	26 828 000	43 471 000	21 761 000	1 656 000
Total Current Debt	39 173 000	49 285 000	23 200 000	8 568 000
Total Equity and Debt	44 738 000	54 481 000	26 852 000	12 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,35 %	111,92 %	336,17 %	117,06 %
Debt-to-Equity Ratio	0,03	0,03	−7,09	−4,39
Operating Profit Margin	2,67 %	4,08 %	−1,52 %	−8,29 %
Current Ratio	1,1	1,07	1,07	1,24
Quick Ratio	1,11	1,62	1,08	2,02
Equity Ratio	0,12	0,09	−0,02	−0,1
Gross Profit Margin	12 %	10,19 %	17,37 %	33,94 %