PETROTEST AS

3217 SANDEFJORD

Finances

Return on Equity

9,36 %

Current Ratio

5,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 136 000	1 187 000	1 599 000	2 096 000
Net Income	195 000	45 000	84 000	390 000
Total Assets	2 579 000	2 066 000	2 116 000	2 103 000
Total Equity	2 083 000	1 888 000	1 842 000	1 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 136 000	1 187 000	1 599 000	2 096 000
Expenditure	1 904 000	1 198 000	1 733 000	1 594 000
Operating Profit	232 000	−11 000	−132 000	502 000
Financial Income	37 000	60 000	219 000	22 000
Financial Costs	18 000	4 000	38 000	20 000
Financial Balance	19 000	56 000	181 000	2 000
Earnings Before Tax	251 000	45 000	49 000	504 000
Tax	56 000	−1 000	−35 000	114 000
Net Income	195 000	45 000	84 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	149 000	197 000	178 000
Total Current Assets	2 509 000	1 917 000	1 919 000	1 925 000
Total Assets	2 579 000	2 066 000	2 116 000	2 103 000
Total Retained Equity	1 983 000	1 788 000	1 742 000	1 658 000
Total Equity	2 083 000	1 888 000	1 842 000	1 758 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	496 000	178 000	274 000	345 000
Total Equity and Debt	2 579 000	2 066 000	2 116 000	2 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 136 000	1 187 000	1 597 000	2 096 000
Other Income	0	0	2 000	0
Revenue	2 136 000	1 187 000	1 599 000	2 096 000
Cost of Goods Sold	114 000	159 000	1 000	8 000
Salary Costs	1 313 000	652 000	1 121 000	1 030 000
Depreciation	48 000	48 000	48 000	19 000
Impairment	0	0	0	0
Expenditure	1 904 000	1 198 000	1 733 000	1 594 000
Operating Profit	232 000	−11 000	−132 000	502 000
Financial Income	37 000	60 000	219 000	22 000
Financial Costs	18 000	4 000	38 000	20 000
Financial Balance	19 000	56 000	181 000	2 000
Dividends	0	0	0	0
Net Income	195 000	45 000	84 000	390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	36 000	35 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	139 000
Fixtures	65 000	113 000	161 000	39 000
Total Tangible Assets	65 000	113 000	161 000	178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	149 000	197 000	178 000
Stock	0	0	0	0
Total Investments	194 000	189 000	189 000	767 000
Cash, Bank	1 993 000	1 597 000	1 601 000	1 083 000
Total Current Assets	2 509 000	1 917 000	1 919 000	1 925 000
Total Assets	2 579 000	2 066 000	2 116 000	2 103 000
Total Equity	2 083 000	1 888 000	1 842 000	1 758 000
Short-Term Group Debt	0	0	5 000	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	18 000	20 000	24 000
Unpaid Taxes	299 000	78 000	141 000	96 000
Dividends	0	0	0	0
Other Current Debt	156 000	82 000	108 000	117 000
Total Current Debt	496 000	178 000	274 000	345 000
Total Equity and Debt	2 579 000	2 066 000	2 116 000	2 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,36 %	2,38 %	4,56 %	22,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,86 %	−0,93 %	−8,26 %	23,95 %
Current Ratio	5,06	10,77	7	5,58
Quick Ratio	5,06	10,77	7	5,58
Equity Ratio	0,81	0,91	0,87	0,84
Gross Profit Margin	94,66 %	86,6 %	99,94 %	99,62 %