POWERTEX NETTHANDEL MIXED MEDIA NORWAY AS

5410 SAGVÅG

Finances

Share Ownership

Return on Equity

−28,57 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020
Revenue	1 184 000	1 915 000	1 066 000
Net Income	−112 000	456 000	−106 000
Total Assets	804 000	579 000	88 000
Total Equity	392 000	349 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 184 000	1 915 000	1 066 000
Expenditure	1 273 000	1 305 000	1 173 000
Operating Profit	−90 000	610 000	−106 000
Financial Income	0	0	0
Financial Costs	22 000	21 000	0
Financial Balance	−22 000	−21 000	0
Earnings Before Tax	−112 000	588 000	−106 000
Tax	0	132 000	0
Net Income	−112 000	456 000	−106 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	385 000	113 000	34 000
Total Current Assets	418 000	466 000	54 000
Total Assets	804 000	579 000	88 000
Total Retained Equity	362 000	319 000	0
Total Equity	392 000	349 000	30 000
Total Long-Term Debt	173 000	0	0
Total Current Debt	239 000	230 000	58 000
Total Equity and Debt	804 000	579 000	88 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 184 000	1 915 000	937 000
Other Income	0	0	129 000
Revenue	1 184 000	1 915 000	1 066 000
Cost of Goods Sold	813 000	862 000	793 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 273 000	1 305 000	1 173 000
Operating Profit	−90 000	610 000	−106 000
Financial Income	0	0	0
Financial Costs	22 000	21 000	0
Financial Balance	−22 000	−21 000	0
Dividends	0	0	0
Net Income	−112 000	456 000	−106 000

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	15 000
Fixtures	53 000	113 000	19 000
Total Tangible Assets	53 000	113 000	34 000
Total Fiancial Fixed Assets	332 000	0	0
Total Fixed Assets	385 000	113 000	34 000
Stock	394 000	394 000	−2 000
Total Investments	0	0	0
Cash, Bank	0	48 000	57 000
Total Current Assets	418 000	466 000	54 000
Total Assets	804 000	579 000	88 000
Total Equity	392 000	349 000	30 000
Short-Term Group Debt	0	0	173 000
Total Long-Term Debt	173 000	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	5 000
Dividends	0	0	0
Other Current Debt	239 000	230 000	−136 000
Total Current Debt	239 000	230 000	58 000
Total Equity and Debt	804 000	579 000	88 000

Financial indicators	2022	2021	2020
Return on Equity	−28,57 %	130,66 %	−353,33 %
Debt-to-Equity Ratio	0,44	0	0
Operating Profit Margin	−7,6 %	31,85 %	−9,94 %
Current Ratio	1,75	2,03	0,93
Quick Ratio	−2,7	−2,84	0,9
Equity Ratio	0,49	0,6	0,34
Gross Profit Margin	31,33 %	54,99 %	25,61 %