PHIL&AVE AS

5164 LAKSEVÅG

Finances

Share Ownership

Return on Equity

41,03 %

Current Ratio

13,17

Debt-to-Equity Ratio

−1,94

Key figures (NOK)	2022	2021	2020
Revenue	33 000	48 000	21 000
Net Income	−32 000	−17 000	−64 000
Total Assets	79 000	106 000	133 000
Total Equity	−78 000	−46 000	−29 000

Income (NOK)	2022	2021	2020
Revenue	33 000	48 000	21 000
Expenditure	64 000	64 000	85 000
Operating Profit	−32 000	−17 000	−64 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−32 000	−17 000	−64 000
Tax	0	0	0
Net Income	−32 000	−17 000	−64 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	79 000	106 000	133 000
Total Assets	79 000	106 000	133 000
Total Retained Equity	−118 000	−81 000	−64 000
Total Equity	−78 000	−46 000	−29 000
Total Long-Term Debt	151 000	151 000	151 000
Total Current Debt	6 000	2 000	12 000
Total Equity and Debt	79 000	106 000	133 000

Cash flow (NOK)	2022	2021	2020
Sales Income	33 000	48 000	21 000
Other Income	0	0	0
Revenue	33 000	48 000	21 000
Cost of Goods Sold	32 000	30 000	40 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	64 000	64 000	85 000
Operating Profit	−32 000	−17 000	−64 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−32 000	−17 000	−64 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
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	0	0
Stock	29 000	47 000	47 000
Total Investments	0	0	0
Cash, Bank	48 000	59 000	85 000
Total Current Assets	79 000	106 000	133 000
Total Assets	79 000	106 000	133 000
Total Equity	−78 000	−46 000	−29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	151 000	151 000	151 000
Creditors	0	−1 000	12 000
Unpaid Taxes	3 000	2 000	0
Dividends	0	0	0
Other Current Debt	1 000	1 000	0
Total Current Debt	6 000	2 000	12 000
Total Equity and Debt	79 000	106 000	133 000

Financial indicators	2022	2021	2020
Return on Equity	41,03 %	36,96 %	220,69 %
Debt-to-Equity Ratio	−1,94	−3,28	−5,21
Operating Profit Margin	−96,97 %	−35,42 %	−304,76 %
Current Ratio	13,17	53	11,08
Quick Ratio	−3,43	−2,36	−3,8
Equity Ratio	−0,99	−0,43	−0,22
Gross Profit Margin	3,03 %	37,5 %	−90,48 %