POWELL AS

3944 PORSGRUNN

Finances

Share Ownership

Return on Equity

58,38 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	923 000	2 647 000	1 948 000	1 837 000
Net Income	115 000	153 000	−211 000	103 000
Total Assets	300 000	688 000	808 000	347 000
Total Equity	197 000	82 000	−71 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	923 000	2 647 000	1 948 000	1 837 000
Expenditure	728 000	2 423 000	2 209 000	1 705 000
Operating Profit	196 000	224 000	−261 000	132 000
Financial Income	0	0	0	0
Financial Costs	49 000	28 000	10 000	3 000
Financial Balance	−49 000	−28 000	−10 000	−3 000
Earnings Before Tax	147 000	196 000	−270 000	129 000
Tax	32 000	43 000	−59 000	26 000
Net Income	115 000	153 000	−211 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	615 000	787 000	156 000
Total Current Assets	176 000	73 000	21 000	191 000
Total Assets	300 000	688 000	808 000	347 000
Total Retained Equity	167 000	52 000	−101 000	110 000
Total Equity	197 000	82 000	−71 000	140 000
Total Long-Term Debt	19 000	344 000	539 000	3 000
Total Current Debt	84 000	262 000	340 000	203 000
Total Equity and Debt	300 000	688 000	808 000	347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	624 000	2 625 000	1 948 000	1 837 000
Other Income	299 000	22 000	0	0
Revenue	923 000	2 647 000	1 948 000	1 837 000
Cost of Goods Sold	254 000	1 137 000	805 000	453 000
Salary Costs	53 000	440 000	583 000	733 000
Depreciation	144 000	162 000	62 000	20 000
Impairment	0	0	0	0
Expenditure	728 000	2 423 000	2 209 000	1 705 000
Operating Profit	196 000	224 000	−261 000	132 000
Financial Income	0	0	0	0
Financial Costs	49 000	28 000	10 000	3 000
Financial Balance	−49 000	−28 000	−10 000	−3 000
Dividends	0	0	0	0
Net Income	115 000	153 000	−211 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	59 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	42 000	532 000	681 000	0
Fixtures	76 000	70 000	46 000	156 000
Total Tangible Assets	118 000	602 000	727 000	156 000
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	124 000	615 000	787 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	18 000	11 000	118 000
Total Current Assets	176 000	73 000	21 000	191 000
Total Assets	300 000	688 000	808 000	347 000
Total Equity	197 000	82 000	−71 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	344 000	539 000	3 000
Creditors	1 000	116 000	137 000	35 000
Unpaid Taxes	2 000	39 000	17 000	78 000
Dividends	0	0	0	0
Other Current Debt	82 000	56 000	47 000	67 000
Total Current Debt	84 000	262 000	340 000	203 000
Total Equity and Debt	300 000	688 000	808 000	347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,38 %	186,59 %	297,18 %	73,57 %
Debt-to-Equity Ratio	0,1	4,2	−7,59	0,02
Operating Profit Margin	21,24 %	8,46 %	−13,4 %	7,19 %
Current Ratio	2,1	0,28	0,06	0,94
Quick Ratio	2,1	0,28	0,06	0,94
Equity Ratio	0,66	0,12	−0,09	0,4
Gross Profit Margin	72,48 %	57,05 %	58,68 %	75,34 %