PORTABO AS

1388 BORGEN

Finances

Share Ownership

Return on Equity

84,13 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,82

Key figures (NOK)	2021	2020	2019
Revenue	792 000	539 000	20 000
Net Income	−265 000	−25 000	−48 000
Total Assets	138 000	798 000	486 000
Total Equity	−315 000	−50 000	−25 000

Income (NOK)	2021	2020	2019
Revenue	792 000	539 000	20 000
Expenditure	1 031 000	567 000	74 000
Operating Profit	−238 000	−28 000	−54 000
Financial Income	0	−1 000	0
Financial Costs	4 000	2 000	10 000
Financial Balance	−4 000	−3 000	−10 000
Earnings Before Tax	−243 000	−31 000	−64 000
Tax	22 000	−7 000	−16 000
Net Income	−265 000	−25 000	−48 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	22 000	16 000
Total Current Assets	138 000	776 000	470 000
Total Assets	138 000	798 000	486 000
Total Retained Equity	−338 000	−73 000	−48 000
Total Equity	−315 000	−50 000	−25 000
Total Long-Term Debt	258 000	495 000	0
Total Current Debt	195 000	353 000	511 000
Total Equity and Debt	138 000	798 000	486 000

Cash flow (NOK)	2021	2020	2019
Sales Income	822 000	539 000	20 000
Other Income	−30 000	0	0
Revenue	792 000	539 000	20 000
Cost of Goods Sold	788 000	357 000	9 000
Salary Costs	0	28 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 031 000	567 000	74 000
Operating Profit	−238 000	−28 000	−54 000
Financial Income	0	−1 000	0
Financial Costs	4 000	2 000	10 000
Financial Balance	−4 000	−3 000	−10 000
Dividends	0	0	0
Net Income	−265 000	−25 000	−48 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	22 000	16 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	22 000	16 000
Stock	0	594 000	355 000
Total Investments	0	0	0
Cash, Bank	85 000	162 000	10 000
Total Current Assets	138 000	776 000	470 000
Total Assets	138 000	798 000	486 000
Total Equity	−315 000	−50 000	−25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	258 000	495 000	0
Creditors	79 000	315 000	6 000
Unpaid Taxes	70 000	4 000	0
Dividends	0	0	0
Other Current Debt	46 000	34 000	505 000
Total Current Debt	195 000	353 000	511 000
Total Equity and Debt	138 000	798 000	486 000

Financial indicators	2021	2020	2019
Return on Equity	84,13 %	50 %	192 %
Debt-to-Equity Ratio	−0,82	−9,9	−0
Operating Profit Margin	−30,05 %	−5,19 %	−270 %
Current Ratio	0,71	2,2	0,92
Quick Ratio	0,71	−3,22	3,01
Equity Ratio	−2,28	−0,06	−0,05
Gross Profit Margin	0,51 %	33,77 %	55 %