PORSGRUNN ASIA MAT AS

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

26,79 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 782 000	2 918 000	667 000
Net Income	−30 000	−103 000	1 000
Total Assets	477 000	384 000	835 000
Total Equity	−112 000	−82 000	20 000

Income (NOK)	2022	2021	2020
Revenue	2 782 000	2 918 000	667 000
Expenditure	2 812 000	3 021 000	664 000
Operating Profit	−30 000	−103 000	4 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−30 000	−103 000	4 000
Tax	0	0	3 000
Net Income	−30 000	−103 000	1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	477 000	384 000	835 000
Total Assets	477 000	384 000	835 000
Total Retained Equity	−132 000	−102 000	1 000
Total Equity	−112 000	−82 000	20 000
Total Long-Term Debt	0	0	0
Total Current Debt	589 000	466 000	815 000
Total Equity and Debt	477 000	384 000	835 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 782 000	2 918 000	667 000
Other Income	0	0	0
Revenue	2 782 000	2 918 000	667 000
Cost of Goods Sold	2 084 000	2 567 000	501 000
Salary Costs	202 000	1 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 812 000	3 021 000	664 000
Operating Profit	−30 000	−103 000	4 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−30 000	−103 000	1 000

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	305 000	306 000	601 000
Total Investments	0	0	0
Cash, Bank	79 000	74 000	137 000
Total Current Assets	477 000	384 000	835 000
Total Assets	477 000	384 000	835 000
Total Equity	−112 000	−82 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	92 000	3 000	6 000
Unpaid Taxes	33 000	30 000	0
Dividends	0	0	0
Other Current Debt	464 000	433 000	805 000
Total Current Debt	589 000	466 000	815 000
Total Equity and Debt	477 000	384 000	835 000

Financial indicators	2022	2021	2020
Return on Equity	26,79 %	125,61 %	5 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−1,08 %	−3,53 %	0,6 %
Current Ratio	0,81	0,82	1,02
Quick Ratio	1,68	2,4	3,9
Equity Ratio	−0,23	−0,21	0,02
Gross Profit Margin	25,09 %	12,03 %	24,89 %