POWERTEST AS

7036 TRONDHEIM

Finances

Share Ownership

Return on Equity

38,18 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 717 000	1 064 000	1 291 000	448 000
Net Income	310 000	228 000	139 000	−64 000
Total Assets	1 147 000	715 000	527 000	167 000
Total Equity	812 000	502 000	274 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 717 000	1 064 000	1 291 000	448 000
Expenditure	1 313 000	770 000	1 114 000	529 000
Operating Profit	403 000	293 000	177 000	−81 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	0	1 000
Financial Balance	−5 000	0	0	−1 000
Earnings Before Tax	397 000	293 000	178 000	−82 000
Tax	87 000	64 000	39 000	−18 000
Net Income	310 000	228 000	139 000	−64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	120 000	22 000	52 000
Total Current Assets	562 000	595 000	506 000	116 000
Total Assets	1 147 000	715 000	527 000	167 000
Total Retained Equity	782 000	472 000	244 000	105 000
Total Equity	812 000	502 000	274 000	135 000
Total Long-Term Debt	33 000	5 000	1 000	0
Total Current Debt	302 000	209 000	253 000	32 000
Total Equity and Debt	1 147 000	715 000	527 000	167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 717 000	1 064 000	1 291 000	448 000
Other Income	0	0	0	0
Revenue	1 717 000	1 064 000	1 291 000	448 000
Cost of Goods Sold	45 000	38 000	122 000	11 000
Salary Costs	399 000	199 000	394 000	101 000
Depreciation	56 000	31 000	12 000	2 000
Impairment	0	0	0	0
Expenditure	1 313 000	770 000	1 114 000	529 000
Operating Profit	403 000	293 000	177 000	−81 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	0	1 000
Financial Balance	−5 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	310 000	228 000	139 000	−64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	585 000	120 000	22 000	34 000
Fixtures	0	0	0	0
Total Tangible Assets	585 000	120 000	22 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	585 000	120 000	22 000	52 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	359 000	481 000	105 000
Total Current Assets	562 000	595 000	506 000	116 000
Total Assets	1 147 000	715 000	527 000	167 000
Total Equity	812 000	502 000	274 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	5 000	1 000	0
Creditors	3 000	2 000	0	2 000
Unpaid Taxes	197 000	122 000	177 000	17 000
Dividends	0	0	0	0
Other Current Debt	43 000	24 000	55 000	13 000
Total Current Debt	302 000	209 000	253 000	32 000
Total Equity and Debt	1 147 000	715 000	527 000	167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,18 %	45,42 %	50,73 %	−47,41 %
Debt-to-Equity Ratio	0,04	0,01	0	0
Operating Profit Margin	23,47 %	27,54 %	13,71 %	−18,08 %
Current Ratio	1,86	2,85	2	3,63
Quick Ratio	1,86	2,85	2	3,63
Equity Ratio	0,71	0,7	0,52	0,81
Gross Profit Margin	97,38 %	96,43 %	90,55 %	97,54 %