POWERHOUSE COMPANY NORWAY AS

0175 OSLO

Finances

Share Ownership

Return on Equity

186,01 %

Current Ratio

2,04

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 488 000	3 447 000	2 007 000	624 000
Net Income	638 000	186 000	450 000	−1 402 000
Total Assets	1 431 000	401 000	816 000	59 000
Total Equity	343 000	−294 000	−480 000	−930 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 488 000	3 447 000	2 007 000	624 000
Expenditure	4 822 000	3 260 000	1 555 000	2 040 000
Operating Profit	666 000	187 000	452 000	−1 416 000
Financial Income	0	3 000	1 000	18 000
Financial Costs	24 000	4 000	3 000	3 000
Financial Balance	−24 000	−1 000	−2 000	15 000
Earnings Before Tax	642 000	186 000	450 000	−1 402 000
Tax	5 000	0	0	0
Net Income	638 000	186 000	450 000	−1 402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 431 000	401 000	816 000	59 000
Total Assets	1 431 000	401 000	816 000	59 000
Total Retained Equity	313 000	−324 000	−510 000	−960 000
Total Equity	343 000	−294 000	−480 000	−930 000
Total Long-Term Debt	385 000	385 000	1 292 000	991 000
Total Current Debt	702 000	311 000	4 000	−2 000
Total Equity and Debt	1 431 000	401 000	816 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 488 000	3 447 000	2 007 000	624 000
Other Income	0	0	0	0
Revenue	5 488 000	3 447 000	2 007 000	624 000
Cost of Goods Sold	3 349 000	3 182 000	1 467 000	962 000
Salary Costs	809 000	12 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 822 000	3 260 000	1 555 000	2 040 000
Operating Profit	666 000	187 000	452 000	−1 416 000
Financial Income	0	3 000	1 000	18 000
Financial Costs	24 000	4 000	3 000	3 000
Financial Balance	−24 000	−1 000	−2 000	15 000
Dividends	0	0	0	0
Net Income	638 000	186 000	450 000	−1 402 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	384 000	254 000	559 000	18 000
Total Current Assets	1 431 000	401 000	816 000	59 000
Total Assets	1 431 000	401 000	816 000	59 000
Total Equity	343 000	−294 000	−480 000	−930 000
Short-Term Group Debt	301 000	301 000	0	0
Total Long-Term Debt	385 000	385 000	1 292 000	991 000
Creditors	5 000	34 000	1 000	0
Unpaid Taxes	321 000	−25 000	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	1 000	3 000	−2 000
Total Current Debt	702 000	311 000	4 000	−2 000
Total Equity and Debt	1 431 000	401 000	816 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	186,01 %	−63,27 %	−93,75 %	150,75 %
Debt-to-Equity Ratio	1,12	−1,31	−2,69	−1,07
Operating Profit Margin	12,14 %	5,43 %	22,52 %	−226,92 %
Current Ratio	2,04	1,29	204	−29,5
Quick Ratio	2,04	1,29	204	−29,5
Equity Ratio	0,24	−0,73	−0,59	−15,76
Gross Profit Margin	38,98 %	7,69 %	26,91 %	−54,17 %