PETROFY AS

1364 FORNEBU

Finances

Return on Equity

−70,52 %

Current Ratio

5,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 343 000	2 413 000	804 000
Net Income	−488 000	1 258 000	512 000
Total Assets	841 000	2 124 000	846 000
Total Equity	692 000	1 180 000	342 000

Income (NOK)	2022	2021	2020
Revenue	1 343 000	2 413 000	804 000
Expenditure	716 000	1 397 000	379 000
Operating Profit	627 000	1 015 000	425 000
Financial Income	28 000	488 000	180 000
Financial Costs	1 003 000	23 000	0
Financial Balance	−975 000	465 000	180 000
Earnings Before Tax	−348 000	1 481 000	605 000
Tax	140 000	223 000	93 000
Net Income	−488 000	1 258 000	512 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	841 000	2 124 000	846 000
Total Assets	841 000	2 124 000	846 000
Total Retained Equity	662 000	1 150 000	312 000
Total Equity	692 000	1 180 000	342 000
Total Long-Term Debt	0	1 000	1 000
Total Current Debt	149 000	943 000	502 000
Total Equity and Debt	841 000	2 124 000	846 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 343 000	2 413 000	804 000
Other Income	0	0	0
Revenue	1 343 000	2 413 000	804 000
Cost of Goods Sold	0	0	0
Salary Costs	652 000	1 338 000	333 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	716 000	1 397 000	379 000
Operating Profit	627 000	1 015 000	425 000
Financial Income	28 000	488 000	180 000
Financial Costs	1 003 000	23 000	0
Financial Balance	−975 000	465 000	180 000
Dividends	0	420 000	200 000
Net Income	−488 000	1 258 000	512 000

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	0	0	0
Total Investments	786 000	1 579 000	487 000
Cash, Bank	55 000	254 000	82 000
Total Current Assets	841 000	2 124 000	846 000
Total Assets	841 000	2 124 000	846 000
Total Equity	692 000	1 180 000	342 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	1 000
Creditors	7 000	3 000	8 000
Unpaid Taxes	0	223 000	175 000
Dividends	0	420 000	200 000
Other Current Debt	2 000	194 000	28 000
Total Current Debt	149 000	943 000	502 000
Total Equity and Debt	841 000	2 124 000	846 000

Financial indicators	2022	2021	2020
Return on Equity	−70,52 %	106,61 %	149,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	46,69 %	42,06 %	52,86 %
Current Ratio	5,64	2,25	1,69
Quick Ratio	5,64	2,25	1,69
Equity Ratio	0,82	0,56	0,4
Gross Profit Margin	100 %	100 %	100 %