PEDERSEN DEVELOPMENT AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

55,53 %

Current Ratio

7,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 174 000	2 244 000	1 386 000
Net Income	286 000	487 000	182 000
Total Assets	595 000	393 000	449 000
Total Equity	515 000	229 000	24 000

Income (NOK)	2022	2021	2020
Revenue	2 174 000	2 244 000	1 386 000
Expenditure	1 755 000	1 784 000	1 152 000
Operating Profit	419 000	459 000	233 000
Financial Income	0	88 000	0
Financial Costs	39 000	61 000	0
Financial Balance	−39 000	27 000	0
Earnings Before Tax	380 000	487 000	233 000
Tax	94 000	0	51 000
Net Income	286 000	487 000	182 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 000	15 000	0
Total Current Assets	586 000	379 000	449 000
Total Assets	595 000	393 000	449 000
Total Retained Equity	485 000	204 000	0
Total Equity	515 000	229 000	24 000
Total Long-Term Debt	2 000	0	0
Total Current Debt	78 000	164 000	424 000
Total Equity and Debt	595 000	393 000	449 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 174 000	2 244 000	1 386 000
Other Income	0	0	0
Revenue	2 174 000	2 244 000	1 386 000
Cost of Goods Sold	746 000	0	0
Salary Costs	360 000	1 293 000	909 000
Depreciation	5 000	1 000	0
Impairment	0	0	0
Expenditure	1 755 000	1 784 000	1 152 000
Operating Profit	419 000	459 000	233 000
Financial Income	0	88 000	0
Financial Costs	39 000	61 000	0
Financial Balance	−39 000	27 000	0
Dividends	0	282 000	182 000
Net Income	286 000	487 000	182 000

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	9 000	15 000	0
Total Tangible Assets	9 000	15 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 000	15 000	0
Stock	0	0	0
Total Investments	0	134 000	210 000
Cash, Bank	238 000	68 000	56 000
Total Current Assets	586 000	379 000	449 000
Total Assets	595 000	393 000	449 000
Total Equity	515 000	229 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	0	0
Creditors	0	5 000	6 000
Unpaid Taxes	9 000	21 000	91 000
Dividends	0	282 000	182 000
Other Current Debt	28 000	138 000	94 000
Total Current Debt	78 000	164 000	424 000
Total Equity and Debt	595 000	393 000	449 000

Financial indicators	2022	2021	2020
Return on Equity	55,53 %	212,66 %	758,33 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	19,27 %	20,45 %	16,81 %
Current Ratio	7,51	2,31	1,06
Quick Ratio	7,51	2,31	1,06
Equity Ratio	0,87	0,58	0,05
Gross Profit Margin	65,69 %	100 %	100 %