PORSGRUNN RETAIL AS

3921 PORSGRUNN

Finances

Return on Equity

−49,93 %

Current Ratio

1,47

Debt-to-Equity Ratio

4,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 047 000	181 084 000	126 746 000	48 206 000
Net Income	−1 342 000	3 337 000	2 371 000	91 000
Total Assets	43 461 000	53 966 000	50 806 000	23 434 000
Total Equity	2 688 000	4 029 000	1 500 000	1 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 047 000	181 084 000	126 746 000	48 206 000
Expenditure	167 119 000	176 272 000	123 331 000	47 925 000
Operating Profit	−1 072 000	4 813 000	3 414 000	280 000
Financial Income	12 000	10 000	4 000	2 000
Financial Costs	659 000	544 000	376 000	163 000
Financial Balance	−647 000	−534 000	−372 000	−161 000
Earnings Before Tax	−1 719 000	4 279 000	3 042 000	118 000
Tax	−377 000	941 000	671 000	27 000
Net Income	−1 342 000	3 337 000	2 371 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 331 000	4 034 000	4 115 000	1 760 000
Total Current Assets	40 130 000	49 932 000	46 691 000	21 674 000
Total Assets	43 461 000	53 966 000	50 806 000	23 434 000
Total Retained Equity	1 188 000	2 529 000	0	6 000
Total Equity	2 688 000	4 029 000	1 500 000	1 500 000
Total Long-Term Debt	13 411 000	13 876 000	14 353 000	8 336 000
Total Current Debt	27 362 000	36 061 000	34 954 000	13 597 000
Total Equity and Debt	43 461 000	53 966 000	50 806 000	23 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	166 047 000	181 029 000	126 746 000	45 877 000
Other Income	0	56 000	0	2 328 000
Revenue	166 047 000	181 084 000	126 746 000	48 206 000
Cost of Goods Sold	129 424 000	140 206 000	101 730 000	38 666 000
Salary Costs	23 927 000	23 323 000	14 391 000	6 814 000
Depreciation	1 080 000	1 079 000	504 000	197 000
Impairment	0	0	0	0
Expenditure	167 119 000	176 272 000	123 331 000	47 925 000
Operating Profit	−1 072 000	4 813 000	3 414 000	280 000
Financial Income	12 000	10 000	4 000	2 000
Financial Costs	659 000	544 000	376 000	163 000
Financial Balance	−647 000	−534 000	−372 000	−161 000
Dividends	0	0	0	0
Net Income	−1 342 000	3 337 000	2 371 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	755 000	378 000	136 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 576 000	3 656 000	3 979 000	1 759 000
Total Tangible Assets	2 576 000	3 656 000	3 979 000	1 759 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 331 000	4 034 000	4 115 000	1 760 000
Stock	30 778 000	36 800 000	30 797 000	18 068 000
Total Investments	0	0	0	0
Cash, Bank	2 527 000	6 727 000	12 504 000	973 000
Total Current Assets	40 130 000	49 932 000	46 691 000	21 674 000
Total Assets	43 461 000	53 966 000	50 806 000	23 434 000
Total Equity	2 688 000	4 029 000	1 500 000	1 500 000
Short-Term Group Debt	4 185 000	3 149 000	110 000	0
Total Long-Term Debt	13 411 000	13 876 000	14 353 000	8 336 000
Creditors	13 940 000	21 024 000	21 369 000	7 240 000
Unpaid Taxes	2 220 000	1 783 000	1 520 000	1 677 000
Dividends	0	0	0	0
Other Current Debt	7 017 000	9 149 000	11 819 000	4 676 000
Total Current Debt	27 362 000	36 061 000	34 954 000	13 597 000
Total Equity and Debt	43 461 000	53 966 000	50 806 000	23 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,93 %	82,82 %	158,07 %	6,07 %
Debt-to-Equity Ratio	4,99	3,44	9,57	5,56
Operating Profit Margin	−0,65 %	2,66 %	2,69 %	0,58 %
Current Ratio	1,47	1,38	1,34	1,59
Quick Ratio	−11,75	−67,57	11,23	−4,85
Equity Ratio	0,06	0,07	0,03	0,06
Gross Profit Margin	22,06 %	22,57 %	19,74 %	19,79 %