PORSGARDEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

5,52 %

Current Ratio

18,15

Debt-to-Equity Ratio

4,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 907 000	5 523 000	5 695 000	6 184 000
Net Income	517 000	823 000	1 869 000	2 864 000
Total Assets	56 966 000	61 070 000	32 176 000	33 743 000
Total Equity	9 371 000	9 796 000	10 280 000	10 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 907 000	5 523 000	5 695 000	6 184 000
Expenditure	4 042 000	4 512 000	1 995 000	2 139 000
Operating Profit	1 865 000	1 011 000	3 700 000	4 044 000
Financial Income	449 000	633 000	207 000	337 000
Financial Costs	1 651 000	589 000	1 511 000	709 000
Financial Balance	−1 202 000	44 000	−1 304 000	−372 000
Earnings Before Tax	663 000	1 055 000	2 396 000	3 672 000
Tax	146 000	232 000	527 000	808 000
Net Income	517 000	823 000	1 869 000	2 864 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 717 000	19 333 000	19 563 000	20 134 000
Total Current Assets	35 249 000	41 738 000	12 613 000	13 609 000
Total Assets	56 966 000	61 070 000	32 176 000	33 743 000
Total Retained Equity	6 064 000	6 489 000	6 973 000	7 472 000
Total Equity	9 371 000	9 796 000	10 280 000	10 779 000
Total Long-Term Debt	45 653 000	45 813 000	18 689 000	18 510 000
Total Current Debt	1 942 000	5 461 000	3 207 000	4 453 000
Total Equity and Debt	56 966 000	61 070 000	32 176 000	33 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 907 000	5 523 000	5 695 000	6 184 000
Revenue	5 907 000	5 523 000	5 695 000	6 184 000
Cost of Goods Sold	0	0	0	192 000
Salary Costs	0	0	0	0
Depreciation	1 011 000	970 000	921 000	917 000
Impairment	0	0	0	0
Expenditure	4 042 000	4 512 000	1 995 000	2 139 000
Operating Profit	1 865 000	1 011 000	3 700 000	4 044 000
Financial Income	449 000	633 000	207 000	337 000
Financial Costs	1 651 000	589 000	1 511 000	709 000
Financial Balance	−1 202 000	44 000	−1 304 000	−372 000
Dividends	0	0	0	0
Net Income	517 000	823 000	1 869 000	2 864 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 717 000	19 333 000	19 563 000	20 134 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 717 000	19 333 000	19 563 000	20 134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 717 000	19 333 000	19 563 000	20 134 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 321 000	18 313 000	1 670 000	310 000
Total Current Assets	35 249 000	41 738 000	12 613 000	13 609 000
Total Assets	56 966 000	61 070 000	32 176 000	33 743 000
Total Equity	9 371 000	9 796 000	10 280 000	10 779 000
Short-Term Group Debt	1 207 000	4 773 000	3 036 000	0
Total Long-Term Debt	45 653 000	45 813 000	18 689 000	18 510 000
Creditors	156 000	252 000	47 000	38 000
Unpaid Taxes	0	0	4 000	0
Dividends	0	0	0	0
Other Current Debt	579 000	436 000	120 000	4 415 000
Total Current Debt	1 942 000	5 461 000	3 207 000	4 453 000
Total Equity and Debt	56 966 000	61 070 000	32 176 000	33 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,52 %	8,4 %	18,18 %	26,57 %
Debt-to-Equity Ratio	4,87	4,68	1,82	1,72
Operating Profit Margin	31,57 %	18,31 %	64,97 %	65,39 %
Current Ratio	18,15	7,64	3,93	3,06
Quick Ratio	18,15	7,64	3,93	3,06
Equity Ratio	0,16	0,16	0,32	0,32
Gross Profit Margin	100 %	100 %	100 %	96,9 %