POWERTECH MARINE SERVICE AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

−24,28 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020
Revenue	547 000	215 000	266 000
Net Income	42 000	−135 000	−109 000
Total Assets	116 000	399 000	468 000
Total Equity	−173 000	−215 000	−79 000

Income (NOK)	2022	2021	2020
Revenue	547 000	215 000	266 000
Expenditure	481 000	374 000	391 000
Operating Profit	67 000	−160 000	−126 000
Financial Income	0	0	0
Financial Costs	13 000	14 000	15 000
Financial Balance	−13 000	−14 000	−15 000
Earnings Before Tax	54 000	−173 000	−140 000
Tax	12 000	−38 000	−31 000
Net Income	42 000	−135 000	−109 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	57 000	384 000	441 000
Total Current Assets	59 000	15 000	27 000
Total Assets	116 000	399 000	468 000
Total Retained Equity	−203 000	−245 000	−109 000
Total Equity	−173 000	−215 000	−79 000
Total Long-Term Debt	6 000	216 000	274 000
Total Current Debt	283 000	397 000	274 000
Total Equity and Debt	116 000	399 000	468 000

Cash flow (NOK)	2022	2021	2020
Sales Income	289 000	231 000	233 000
Other Income	258 000	−16 000	33 000
Revenue	547 000	215 000	266 000
Cost of Goods Sold	10 000	8 000	0
Salary Costs	6 000	6 000	71 000
Depreciation	95 000	95 000	65 000
Impairment	0	0	0
Expenditure	481 000	374 000	391 000
Operating Profit	67 000	−160 000	−126 000
Financial Income	0	0	0
Financial Costs	13 000	14 000	15 000
Financial Balance	−13 000	−14 000	−15 000
Dividends	0	0	0
Net Income	42 000	−135 000	−109 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	57 000	69 000	31 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	315 000	410 000
Total Tangible Assets	0	315 000	410 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	57 000	384 000	441 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	55 000	4 000	1 000
Total Current Assets	59 000	15 000	27 000
Total Assets	116 000	399 000	468 000
Total Equity	−173 000	−215 000	−79 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000	216 000	274 000
Creditors	10 000	0	12 000
Unpaid Taxes	5 000	5 000	6 000
Dividends	0	0	0
Other Current Debt	268 000	393 000	256 000
Total Current Debt	283 000	397 000	274 000
Total Equity and Debt	116 000	399 000	468 000

Financial indicators	2022	2021	2020
Return on Equity	−24,28 %	62,79 %	137,97 %
Debt-to-Equity Ratio	−0,03	−1	−3,47
Operating Profit Margin	12,25 %	−74,42 %	−47,37 %
Current Ratio	0,21	0,04	0,1
Quick Ratio	0,21	0,04	0,1
Equity Ratio	−1,49	−0,54	−0,17
Gross Profit Margin	98,17 %	96,28 %	100 %