POWER HOUSE NORWAY AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

42,38 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	219 169 000	232 237 000	202 964 000	124 755 000
Net Income	12 816 000	16 078 000	10 385 000	563 000
Total Assets	89 303 000	82 759 000	64 047 000	60 272 000
Total Equity	30 242 000	27 425 000	11 347 000	963 000

Income (NOK)	2022	2021	2020	2019
Revenue	219 169 000	232 237 000	202 964 000	124 755 000
Expenditure	202 905 000	212 298 000	188 103 000	123 917 000
Operating Profit	16 264 000	19 939 000	14 860 000	837 000
Financial Income	225 000	343 000	182 000	58 000
Financial Costs	29 000	−333 000	1 723 000	26 000
Financial Balance	196 000	676 000	−1 541 000	32 000
Earnings Before Tax	16 459 000	20 616 000	13 319 000	870 000
Tax	3 643 000	4 538 000	2 934 000	307 000
Net Income	12 816 000	16 078 000	10 385 000	563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 342 000	7 335 000	7 002 000	1 260 000
Total Current Assets	83 961 000	75 424 000	57 045 000	59 012 000
Total Assets	89 303 000	82 759 000	64 047 000	60 272 000
Total Retained Equity	29 842 000	27 025 000	10 947 000	563 000
Total Equity	30 242 000	27 425 000	11 347 000	963 000
Total Long-Term Debt	0	0	146 000	0
Total Current Debt	59 061 000	55 334 000	52 554 000	59 310 000
Total Equity and Debt	89 303 000	82 759 000	64 047 000	60 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	219 169 000	232 237 000	202 964 000	124 755 000
Other Income	0	0	0	0
Revenue	219 169 000	232 237 000	202 964 000	124 755 000
Cost of Goods Sold	173 143 000	182 949 000	158 444 000	100 826 000
Salary Costs	11 213 000	11 522 000	10 633 000	5 547 000
Depreciation	956 000	415 000	221 000	66 000
Impairment	0	0	0	0
Expenditure	202 905 000	212 298 000	188 103 000	123 917 000
Operating Profit	16 264 000	19 939 000	14 860 000	837 000
Financial Income	225 000	343 000	182 000	58 000
Financial Costs	29 000	−333 000	1 723 000	26 000
Financial Balance	196 000	676 000	−1 541 000	32 000
Dividends	10 000 000	0	0	0
Net Income	12 816 000	16 078 000	10 385 000	563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 292 000	1 847 000	0	496 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	47 000	62 000	20 000	26 000
Fixtures	385 000	626 000	982 000	738 000
Total Tangible Assets	431 000	688 000	1 002 000	764 000
Total Fiancial Fixed Assets	3 619 000	4 800 000	6 000 000	0
Total Fixed Assets	5 342 000	7 335 000	7 002 000	1 260 000
Stock	24 952 000	19 591 000	18 398 000	11 318 000
Total Investments	0	0	0	0
Cash, Bank	16 611 000	17 904 000	4 987 000	7 652 000
Total Current Assets	83 961 000	75 424 000	57 045 000	59 012 000
Total Assets	89 303 000	82 759 000	64 047 000	60 272 000
Total Equity	30 242 000	27 425 000	11 347 000	963 000
Short-Term Group Debt	68 000	1 812 000	1 654 000	10 449 000
Total Long-Term Debt	0	0	146 000	0
Creditors	35 997 000	38 775 000	32 558 000	43 933 000
Unpaid Taxes	2 580 000	3 419 000	2 956 000	2 134 000
Dividends	10 000 000	0	0	0
Other Current Debt	4 197 000	5 000 000	4 958 000	1 990 000
Total Current Debt	59 061 000	55 334 000	52 554 000	59 310 000
Total Equity and Debt	89 303 000	82 759 000	64 047 000	60 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,38 %	58,63 %	91,52 %	58,46 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	7,42 %	8,59 %	7,32 %	0,67 %
Current Ratio	1,42	1,36	1,09	0,99
Quick Ratio	2,46	2,11	1,67	1,23
Equity Ratio	0,34	0,33	0,18	0,02
Gross Profit Margin	21 %	21,22 %	21,93 %	19,18 %