PETRICORE NORWAY AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

28,43 %

Current Ratio

0,78

Debt-to-Equity Ratio

8,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 292 000	6 108 000	7 772 000	6 856 000
Net Income	226 000	−1 179 000	−2 054 000	−1 757 000
Total Assets	13 219 000	11 569 000	12 678 000	10 161 000
Total Equity	795 000	−6 931 000	−5 752 000	−3 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 292 000	6 108 000	7 772 000	6 856 000
Expenditure	6 418 000	7 132 000	9 621 000	8 737 000
Operating Profit	1 875 000	−1 024 000	−1 849 000	−1 881 000
Financial Income	889 000	138 000	408 000	19 000
Financial Costs	2 363 000	610 000	1 192 000	385 000
Financial Balance	−1 474 000	−472 000	−784 000	−366 000
Earnings Before Tax	400 000	−1 496 000	−2 633 000	−2 248 000
Tax	174 000	−317 000	−579 000	−491 000
Net Income	226 000	−1 179 000	−2 054 000	−1 757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 582 000	9 604 000	3 074 000	3 290 000
Total Current Assets	4 637 000	1 965 000	9 604 000	6 872 000
Total Assets	13 219 000	11 569 000	12 678 000	10 161 000
Total Retained Equity	226 000	−6 961 000	−5 782 000	−3 728 000
Total Equity	795 000	−6 931 000	−5 752 000	−3 698 000
Total Long-Term Debt	6 442 000	11 973 000	11 475 000	6 924 000
Total Current Debt	5 983 000	6 527 000	6 955 000	6 936 000
Total Equity and Debt	13 219 000	11 569 000	12 678 000	10 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 292 000	6 108 000	7 772 000	6 856 000
Other Income	0	0	0	0
Revenue	8 292 000	6 108 000	7 772 000	6 856 000
Cost of Goods Sold	73 000	0	0	114 000
Salary Costs	3 599 000	5 364 000	5 991 000	5 054 000
Depreciation	618 000	805 000	833 000	817 000
Impairment	0	0	0	0
Expenditure	6 418 000	7 132 000	9 621 000	8 737 000
Operating Profit	1 875 000	−1 024 000	−1 849 000	−1 881 000
Financial Income	889 000	138 000	408 000	19 000
Financial Costs	2 363 000	610 000	1 192 000	385 000
Financial Balance	−1 474 000	−472 000	−784 000	−366 000
Dividends	0	0	0	0
Net Income	226 000	−1 179 000	−2 054 000	−1 757 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 887 000	1 943 000	1 756 000	1 307 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	640 000	1 315 000	1 980 000
Total Tangible Assets	24 000	640 000	1 315 000	1 980 000
Total Fiancial Fixed Assets	6 671 000	7 020 000	2 000	2 000
Total Fixed Assets	8 582 000	9 604 000	3 074 000	3 290 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	417 000	1 059 000	525 000	992 000
Total Current Assets	4 637 000	1 965 000	9 604 000	6 872 000
Total Assets	13 219 000	11 569 000	12 678 000	10 161 000
Total Equity	795 000	−6 931 000	−5 752 000	−3 698 000
Short-Term Group Debt	2 982 000	0	0	0
Total Long-Term Debt	6 442 000	11 973 000	11 475 000	6 924 000
Creditors	1 077 000	1 065 000	3 044 000	3 118 000
Unpaid Taxes	630 000	463 000	474 000	581 000
Dividends	0	0	0	0
Other Current Debt	1 295 000	4 999 000	3 437 000	3 237 000
Total Current Debt	5 983 000	6 527 000	6 955 000	6 936 000
Total Equity and Debt	13 219 000	11 569 000	12 678 000	10 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,43 %	17,01 %	35,71 %	47,51 %
Debt-to-Equity Ratio	8,1	−1,73	−1,99	−1,87
Operating Profit Margin	22,61 %	−16,76 %	−23,79 %	−27,44 %
Current Ratio	0,78	0,3	1,38	0,99
Quick Ratio	0,78	0,3	1,38	0,99
Equity Ratio	0,06	−0,6	−0,45	−0,36
Gross Profit Margin	99,12 %	100 %	100 %	98,34 %