POWER SYSTEM AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

1,45 %

Current Ratio

6,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 473 000	14 846 000	10 753 000	17 223 000
Net Income	150 000	−339 000	−1 813 000	3 271 000
Total Assets	12 063 000	13 541 000	15 342 000	16 486 000
Total Equity	10 330 000	10 179 000	14 519 000	16 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 473 000	14 846 000	10 753 000	17 223 000
Expenditure	10 335 000	15 295 000	13 401 000	14 235 000
Operating Profit	138 000	−449 000	−1 947 000	3 215 000
Financial Income	77 000	168 000	28 000	261 000
Financial Costs	65 000	57 000	1 000	98 000
Financial Balance	12 000	111 000	27 000	163 000
Earnings Before Tax	150 000	−339 000	−1 920 000	3 378 000
Tax	0	0	−107 000	107 000
Net Income	150 000	−339 000	−1 813 000	3 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 532 000	1 966 000	2 417 000	3 011 000
Total Current Assets	10 531 000	11 576 000	12 924 000	13 476 000
Total Assets	12 063 000	13 541 000	15 342 000	16 486 000
Total Retained Equity	10 230 000	10 079 000	14 419 000	16 232 000
Total Equity	10 330 000	10 179 000	14 519 000	16 332 000
Total Long-Term Debt	0	0	0	−127 000
Total Current Debt	1 733 000	3 362 000	823 000	281 000
Total Equity and Debt	12 063 000	13 541 000	15 342 000	16 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 472 000	14 845 000	10 723 000	17 223 000
Other Income	0	1 000	30 000	0
Revenue	10 473 000	14 846 000	10 753 000	17 223 000
Cost of Goods Sold	4 675 000	10 236 000	7 341 000	8 152 000
Salary Costs	2 733 000	2 056 000	2 357 000	2 275 000
Depreciation	364 000	486 000	486 000	1 088 000
Impairment	0	0	0	0
Expenditure	10 335 000	15 295 000	13 401 000	14 235 000
Operating Profit	138 000	−449 000	−1 947 000	3 215 000
Financial Income	77 000	168 000	28 000	261 000
Financial Costs	65 000	57 000	1 000	98 000
Financial Balance	12 000	111 000	27 000	163 000
Dividends	0	4 000 000	0	0
Net Income	150 000	−339 000	−1 813 000	3 271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 518 000	1 881 000	2 279 000	0
Fixtures	13 000	0	89 000	2 853 000
Total Tangible Assets	1 532 000	1 881 000	2 367 000	2 853 000
Total Fiancial Fixed Assets	0	85 000	50 000	144 000
Total Fixed Assets	1 532 000	1 966 000	2 417 000	3 011 000
Stock	1 358 000	1 261 000	2 265 000	1 563 000
Total Investments	3 000 000	3 000 000	2 000 000	0
Cash, Bank	5 797 000	6 374 000	7 014 000	9 720 000
Total Current Assets	10 531 000	11 576 000	12 924 000	13 476 000
Total Assets	12 063 000	13 541 000	15 342 000	16 486 000
Total Equity	10 330 000	10 179 000	14 519 000	16 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	−127 000
Creditors	61 000	752 000	720 000	−135 000
Unpaid Taxes	467 000	224 000	200 000	69 000
Dividends	0	4 000 000	0	0
Other Current Debt	1 205 000	2 386 000	−98 000	227 000
Total Current Debt	1 733 000	3 362 000	823 000	281 000
Total Equity and Debt	12 063 000	13 541 000	15 342 000	16 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,45 %	−3,33 %	−12,49 %	20,03 %
Debt-to-Equity Ratio	0	0	0	−0,01
Operating Profit Margin	1,32 %	−3,02 %	−18,11 %	18,67 %
Current Ratio	6,08	3,44	15,7	47,96
Quick Ratio	28,08	5,51	−8,96	−10,51
Equity Ratio	0,86	0,75	0,95	0,99
Gross Profit Margin	55,36 %	31,05 %	31,73 %	52,67 %