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3920 PORSGRUNN

Finances

Return on Equity

−23,41 %

Current Ratio

0,72

Debt-to-Equity Ratio

5,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	635 000	131 000	134 000	376 000
Net Income	−129 000	−135 000	−30 000	1 270 000
Total Assets	3 822 000	4 011 000	277 000	294 000
Total Equity	551 000	474 000	273 000	266 000

Income (NOK)	2022	2021	2020	2019
Revenue	635 000	131 000	134 000	376 000
Expenditure	675 000	273 000	171 000	258 000
Operating Profit	−39 000	−141 000	−38 000	118 000
Financial Income	2 000	0	0	1 179 000
Financial Costs	128 000	32 000	1 000	0
Financial Balance	−126 000	−32 000	−1 000	1 179 000
Earnings Before Tax	−165 000	−173 000	−39 000	1 296 000
Tax	−36 000	−38 000	−8 000	26 000
Net Income	−129 000	−135 000	−30 000	1 270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 632 000	3 306 000	217 000	48 000
Total Current Assets	190 000	705 000	60 000	246 000
Total Assets	3 822 000	4 011 000	277 000	294 000
Total Retained Equity	−24 000	105 000	55 000	86 000
Total Equity	551 000	474 000	273 000	266 000
Total Long-Term Debt	3 008 000	3 160 000	0	0
Total Current Debt	263 000	377 000	4 000	28 000
Total Equity and Debt	3 822 000	4 011 000	277 000	294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	635 000	131 000	134 000	376 000
Revenue	635 000	131 000	134 000	376 000
Cost of Goods Sold	12 000	25 000	0	70 000
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	3 000	0
Impairment	0	0	0	0
Expenditure	675 000	273 000	171 000	258 000
Operating Profit	−39 000	−141 000	−38 000	118 000
Financial Income	2 000	0	0	1 179 000
Financial Costs	128 000	32 000	1 000	0
Financial Balance	−126 000	−32 000	−1 000	1 179 000
Dividends	0	0	0	1 404 000
Net Income	−129 000	−135 000	−30 000	1 270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	19 000	21 000
Real Eastate	3 368 000	3 097 000	150 000	27 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 368 000	3 097 000	150 000	27 000
Total Fiancial Fixed Assets	264 000	195 000	48 000	0
Total Fixed Assets	3 632 000	3 306 000	217 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	700 000	58 000	215 000
Total Current Assets	190 000	705 000	60 000	246 000
Total Assets	3 822 000	4 011 000	277 000	294 000
Total Equity	551 000	474 000	273 000	266 000
Short-Term Group Debt	3 000	0	0	0
Total Long-Term Debt	3 008 000	3 160 000	0	0
Creditors	136 000	373 000	4 000	4 000
Unpaid Taxes	24 000	0	0	0
Dividends	0	0	0	1 404 000
Other Current Debt	100 000	3 000	0	0
Total Current Debt	263 000	377 000	4 000	28 000
Total Equity and Debt	3 822 000	4 011 000	277 000	294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,41 %	−28,48 %	−10,99 %	477,44 %
Debt-to-Equity Ratio	5,46	6,67	0	0
Operating Profit Margin	−6,14 %	−107,63 %	−28,36 %	31,38 %
Current Ratio	0,72	1,87	15	8,79
Quick Ratio	0,72	1,87	15	8,79
Equity Ratio	0,14	0,12	0,99	0,9
Gross Profit Margin	98,11 %	80,92 %	100 %	81,38 %