PV SOLAR AS

3303 HOKKSUND

Finances

Share Ownership

Return on Equity

84,09 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 184 000	512 000	200 000	0
Net Income	1 020 000	36 000	122 000	−52 000
Total Assets	2 865 000	356 000	200 000	1 000
Total Equity	1 213 000	194 000	57 000	−65 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 184 000	512 000	200 000	0
Expenditure	5 845 000	466 000	70 000	52 000
Operating Profit	1 340 000	47 000	130 000	−52 000
Financial Income	2 000	0	0	0
Financial Costs	35 000	0	0	0
Financial Balance	−33 000	0	0	0
Earnings Before Tax	1 307 000	47 000	130 000	−52 000
Tax	287 000	10 000	8 000	0
Net Income	1 020 000	36 000	122 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	14 000	21 000	0
Total Current Assets	2 859 000	343 000	178 000	1 000
Total Assets	2 865 000	356 000	200 000	1 000
Total Retained Equity	1 083 000	64 000	27 000	−95 000
Total Equity	1 213 000	194 000	57 000	−65 000
Total Long-Term Debt	1 000	0	1 000	0
Total Current Debt	1 650 000	163 000	142 000	66 000
Total Equity and Debt	2 865 000	356 000	200 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 184 000	512 000	0	0
Other Income	0	0	200 000	0
Revenue	7 184 000	512 000	200 000	0
Cost of Goods Sold	5 675 000	315 000	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	8 000	1 000	0
Impairment	0	0	0	0
Expenditure	5 845 000	466 000	70 000	52 000
Operating Profit	1 340 000	47 000	130 000	−52 000
Financial Income	2 000	0	0	0
Financial Costs	35 000	0	0	0
Financial Balance	−33 000	0	0	0
Dividends	0	0	0	0
Net Income	1 020 000	36 000	122 000	−52 000

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	6 000	14 000	21 000	0
Total Tangible Assets	6 000	14 000	21 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	14 000	21 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	343 000	178 000	1 000
Total Current Assets	2 859 000	343 000	178 000	1 000
Total Assets	2 865 000	356 000	200 000	1 000
Total Equity	1 213 000	194 000	57 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	1 000	0
Creditors	1 112 000	23 000	1 000	0
Unpaid Taxes	137 000	52 000	0	0
Dividends	0	0	0	0
Other Current Debt	115 000	77 000	134 000	66 000
Total Current Debt	1 650 000	163 000	142 000	66 000
Total Equity and Debt	2 865 000	356 000	200 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,09 %	18,56 %	214,04 %	80 %
Debt-to-Equity Ratio	0	0	0,02	−0
Operating Profit Margin	18,65 %	9,18 %	65 %	-
Current Ratio	1,73	2,1	1,25	0,02
Quick Ratio	1,73	2,1	1,25	0,02
Equity Ratio	0,42	0,54	0,29	−65
Gross Profit Margin	21,01 %	38,48 %	100 %	-