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3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

−26,58 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 849 000	39 325 000	43 612 000	28 951 000
Net Income	−1 244 000	456 000	2 261 000	−35 000
Total Assets	16 655 000	15 475 000	15 168 000	10 670 000
Total Equity	4 680 000	5 924 000	5 468 000	4 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 849 000	39 325 000	43 612 000	28 951 000
Expenditure	43 046 000	38 624 000	40 632 000	28 889 000
Operating Profit	−1 197 000	700 000	2 979 000	62 000
Financial Income	9 000	0	34 000	23 000
Financial Costs	189 000	116 000	134 000	92 000
Financial Balance	−180 000	−116 000	−100 000	−69 000
Earnings Before Tax	−1 377 000	584 000	2 878 000	−7 000
Tax	−133 000	129 000	617 000	28 000
Net Income	−1 244 000	456 000	2 261 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 550 000	5 618 000	5 395 000	3 207 000
Total Current Assets	12 106 000	9 857 000	9 773 000	7 463 000
Total Assets	16 655 000	15 475 000	15 168 000	10 670 000
Total Retained Equity	4 380 000	5 624 000	5 168 000	3 907 000
Total Equity	4 680 000	5 924 000	5 468 000	4 207 000
Total Long-Term Debt	2 625 000	3 041 000	3 371 000	1 900 000
Total Current Debt	9 351 000	6 510 000	6 328 000	4 563 000
Total Equity and Debt	16 655 000	15 475 000	15 168 000	10 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 286 000	38 782 000	43 194 000	28 951 000
Other Income	564 000	543 000	417 000	0
Revenue	41 849 000	39 325 000	43 612 000	28 951 000
Cost of Goods Sold	21 769 000	18 065 000	21 673 000	12 956 000
Salary Costs	13 703 000	12 376 000	11 842 000	9 710 000
Depreciation	780 000	743 000	756 000	619 000
Impairment	0	0	0	0
Expenditure	43 046 000	38 624 000	40 632 000	28 889 000
Operating Profit	−1 197 000	700 000	2 979 000	62 000
Financial Income	9 000	0	34 000	23 000
Financial Costs	189 000	116 000	134 000	92 000
Financial Balance	−180 000	−116 000	−100 000	−69 000
Dividends	0	0	1 000 000	0
Net Income	−1 244 000	456 000	2 261 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	153 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 397 000	5 618 000	5 395 000	3 207 000
Total Tangible Assets	4 550 000	5 618 000	5 395 000	3 207 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 550 000	5 618 000	5 395 000	3 207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 828 000	3 300 000	3 936 000	2 862 000
Total Current Assets	12 106 000	9 857 000	9 773 000	7 463 000
Total Assets	16 655 000	15 475 000	15 168 000	10 670 000
Total Equity	4 680 000	5 924 000	5 468 000	4 207 000
Short-Term Group Debt	56 000	0	0	0
Total Long-Term Debt	2 625 000	3 041 000	3 371 000	1 900 000
Creditors	6 682 000	3 802 000	2 701 000	2 239 000
Unpaid Taxes	1 531 000	1 409 000	836 000	1 273 000
Dividends	0	0	1 000 000	0
Other Current Debt	1 082 000	1 124 000	1 353 000	913 000
Total Current Debt	9 351 000	6 510 000	6 328 000	4 563 000
Total Equity and Debt	16 655 000	15 475 000	15 168 000	10 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,58 %	7,7 %	41,35 %	−0,83 %
Debt-to-Equity Ratio	0,56	0,51	0,62	0,45
Operating Profit Margin	−2,86 %	1,78 %	6,83 %	0,21 %
Current Ratio	1,29	1,51	1,54	1,64
Quick Ratio	1,29	1,51	1,54	1,64
Equity Ratio	0,28	0,38	0,36	0,39
Gross Profit Margin	47,98 %	54,06 %	50,3 %	55,25 %