PRECO AS

1344 HASLUM

Finances

Return on Equity

56,77 %

Current Ratio

2,85

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 459 336 000	866 890 000	692 827 000	886 881 000
Net Income	362 298 000	99 192 000	10 508 000	5 519 000
Total Assets	874 473 000	472 502 000	311 055 000	350 129 000
Total Equity	638 146 000	317 283 000	200 910 000	189 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 459 336 000	866 890 000	692 827 000	886 881 000
Expenditure	1 087 522 000	773 216 000	697 741 000	892 498 000
Operating Profit	371 813 000	93 674 000	−4 915 000	−5 618 000
Financial Income	2 047 000	12 677 000	22 810 000	17 877 000
Financial Costs	10 724 000	7 040 000	7 114 000	6 792 000
Financial Balance	−8 677 000	5 637 000	15 696 000	11 085 000
Earnings Before Tax	363 135 000	99 310 000	10 781 000	5 467 000
Tax	837 000	119 000	273 000	−52 000
Net Income	362 298 000	99 192 000	10 508 000	5 519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 693 000	223 747 000	165 845 000	150 343 000
Total Current Assets	511 780 000	248 755 000	145 210 000	199 786 000
Total Assets	874 473 000	472 502 000	311 055 000	350 129 000
Total Retained Equity	634 349 000	313 486 000	197 113 000	188 690 000
Total Equity	638 146 000	317 283 000	200 910 000	189 490 000
Total Long-Term Debt	56 720 000	57 410 000	24 458 000	42 162 000
Total Current Debt	179 607 000	97 810 000	85 687 000	118 478 000
Total Equity and Debt	874 473 000	472 502 000	311 055 000	350 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 458 935 000	866 890 000	689 859 000	886 204 000
Other Income	401 000	0	2 968 000	677 000
Revenue	1 459 336 000	866 890 000	692 827 000	886 881 000
Cost of Goods Sold	982 092 000	715 213 000	645 531 000	845 018 000
Salary Costs	25 798 000	27 515 000	21 260 000	24 077 000
Depreciation	20 661 000	6 348 000	5 801 000	4 902 000
Impairment	0	0	0	0
Expenditure	1 087 522 000	773 216 000	697 741 000	892 498 000
Operating Profit	371 813 000	93 674 000	−4 915 000	−5 618 000
Financial Income	2 047 000	12 677 000	22 810 000	17 877 000
Financial Costs	10 724 000	7 040 000	7 114 000	6 792 000
Financial Balance	−8 677 000	5 637 000	15 696 000	11 085 000
Dividends	0	0	0	0
Net Income	362 298 000	99 192 000	10 508 000	5 519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 416 000	4 968 000	4 838 000	4 799 000
Real Eastate	7 577 000	15 811 000	11 864 000	12 173 000
Machinery and Plant Facilities	0	0	0	73 447 000
Fixtures	2 548 000	2 378 000	1 580 000	1 868 000
Total Tangible Assets	270 333 000	141 719 000	81 186 000	87 488 000
Total Fiancial Fixed Assets	87 945 000	77 059 000	79 820 000	58 056 000
Total Fixed Assets	362 693 000	223 747 000	165 845 000	150 343 000
Stock	37 190 000	21 559 000	12 298 000	27 138 000
Total Investments	1 195 000	1 130 000	990 000	934 000
Cash, Bank	407 348 000	180 674 000	84 329 000	102 744 000
Total Current Assets	511 780 000	248 755 000	145 210 000	199 786 000
Total Assets	874 473 000	472 502 000	311 055 000	350 129 000
Total Equity	638 146 000	317 283 000	200 910 000	189 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 720 000	57 410 000	24 458 000	42 162 000
Creditors	32 391 000	25 692 000	16 471 000	37 084 000
Unpaid Taxes	6 699 000	2 514 000	1 478 000	1 445 000
Dividends	0	0	0	0
Other Current Debt	86 798 000	59 936 000	60 740 000	78 745 000
Total Current Debt	179 607 000	97 810 000	85 687 000	118 478 000
Total Equity and Debt	874 473 000	472 502 000	311 055 000	350 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,77 %	31,26 %	5,23 %	2,91 %
Debt-to-Equity Ratio	0,09	0,18	0,12	0,22
Operating Profit Margin	25,48 %	10,81 %	−0,71 %	−0,63 %
Current Ratio	2,85	2,54	1,69	1,69
Quick Ratio	3,59	3,26	1,98	2,19
Equity Ratio	0,73	0,67	0,65	0,54
Gross Profit Margin	32,7 %	17,5 %	6,83 %	4,72 %