PENNESI CANTINE NORVEGESI AS

1596 MOSS

Finances

Share Ownership

Return on Equity

21,34 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2021	2020	2019
Revenue	3 125 000	1 900 000	0
Net Income	70 000	458 000	−224 000
Total Assets	2 091 000	1 361 000	734 000
Total Equity	328 000	258 000	−200 000

Income (NOK)	2021	2020	2019
Revenue	3 125 000	1 900 000	0
Expenditure	2 978 000	1 254 000	147 000
Operating Profit	147 000	647 000	−147 000
Financial Income	4 000	0	0
Financial Costs	60 000	60 000	77 000
Financial Balance	−56 000	−60 000	−77 000
Earnings Before Tax	91 000	587 000	−224 000
Tax	22 000	129 000	0
Net Income	70 000	458 000	−224 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	853 000	53 000	0
Total Current Assets	1 238 000	1 308 000	734 000
Total Assets	2 091 000	1 361 000	734 000
Total Retained Equity	298 000	228 000	−230 000
Total Equity	328 000	258 000	−200 000
Total Long-Term Debt	606 000	786 000	917 000
Total Current Debt	1 157 000	317 000	17 000
Total Equity and Debt	2 091 000	1 361 000	734 000

Cash flow (NOK)	2021	2020	2019
Sales Income	3 125 000	1 900 000	0
Other Income	0	0	0
Revenue	3 125 000	1 900 000	0
Cost of Goods Sold	2 429 000	923 000	0
Salary Costs	0	0	137 000
Depreciation	95 000	1 000	0
Impairment	0	0	0
Expenditure	2 978 000	1 254 000	147 000
Operating Profit	147 000	647 000	−147 000
Financial Income	4 000	0	0
Financial Costs	60 000	60 000	77 000
Financial Balance	−56 000	−60 000	−77 000
Dividends	0	0	0
Net Income	70 000	458 000	−224 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	853 000	53 000	0
Total Tangible Assets	853 000	53 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	853 000	53 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	153 000	589 000	34 000
Total Current Assets	1 238 000	1 308 000	734 000
Total Assets	2 091 000	1 361 000	734 000
Total Equity	328 000	258 000	−200 000
Short-Term Group Debt	525 000	0	0
Total Long-Term Debt	606 000	786 000	917 000
Creditors	294 000	109 000	0
Unpaid Taxes	153 000	92 000	17 000
Dividends	0	0	0
Other Current Debt	57 000	−10 000	0
Total Current Debt	1 157 000	317 000	17 000
Total Equity and Debt	2 091 000	1 361 000	734 000

Financial indicators	2021	2020	2019
Return on Equity	21,34 %	177,52 %	112 %
Debt-to-Equity Ratio	1,85	3,05	−4,59
Operating Profit Margin	4,7 %	34,05 %	-
Current Ratio	1,07	4,13	43,18
Quick Ratio	1,07	4,13	43,18
Equity Ratio	0,16	0,19	−0,27
Gross Profit Margin	22,27 %	51,42 %	-