PENETRACE AS

0275 OSLO

Finances

Share Ownership

Return on Equity

−18,15 %

Current Ratio

0,53

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 830 000	29 200 000	29 899 000	36 225 000
Net Income	−2 893 000	120 000	−2 474 000	−2 546 000
Total Assets	48 019 000	51 194 000	44 423 000	42 337 000
Total Equity	15 937 000	18 830 000	18 710 000	16 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 830 000	29 200 000	29 899 000	36 225 000
Expenditure	31 371 000	28 272 000	32 929 000	39 328 000
Operating Profit	−2 541 000	928 000	−3 030 000	−3 103 000
Financial Income	98 000	96 000	235 000	126 000
Financial Costs	1 252 000	1 017 000	762 000	630 000
Financial Balance	−1 154 000	−921 000	−527 000	−504 000
Earnings Before Tax	−3 695 000	7 000	−3 556 000	−3 607 000
Tax	−802 000	−113 000	−1 082 000	−1 061 000
Net Income	−2 893 000	120 000	−2 474 000	−2 546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 595 000	39 964 000	36 121 000	28 212 000
Total Current Assets	7 424 000	11 230 000	8 301 000	14 125 000
Total Assets	48 019 000	51 194 000	44 423 000	42 337 000
Total Retained Equity	−14 086 000	−11 193 000	−11 313 000	−8 839 000
Total Equity	15 937 000	18 830 000	18 710 000	16 184 000
Total Long-Term Debt	18 036 000	14 478 000	7 250 000	3 750 000
Total Current Debt	14 046 000	17 886 000	18 463 000	22 403 000
Total Equity and Debt	48 019 000	51 194 000	44 423 000	42 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 830 000	29 200 000	29 899 000	36 225 000
Other Income	0	0	0	0
Revenue	28 830 000	29 200 000	29 899 000	36 225 000
Cost of Goods Sold	12 797 000	13 353 000	13 664 000	14 940 000
Salary Costs	11 799 000	10 981 000	13 872 000	16 712 000
Depreciation	2 818 000	381 000	351 000	283 000
Impairment	0	0	0	0
Expenditure	31 371 000	28 272 000	32 929 000	39 328 000
Operating Profit	−2 541 000	928 000	−3 030 000	−3 103 000
Financial Income	98 000	96 000	235 000	126 000
Financial Costs	1 252 000	1 017 000	762 000	630 000
Financial Balance	−1 154 000	−921 000	−527 000	−504 000
Dividends	0	0	0	0
Net Income	−2 893 000	120 000	−2 474 000	−2 546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 552 000	39 779 000	35 838 000	27 858 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	185 000	283 000	354 000
Total Tangible Assets	42 000	185 000	283 000	354 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 595 000	39 964 000	36 121 000	28 212 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	496 000	572 000	3 595 000
Total Current Assets	7 424 000	11 230 000	8 301 000	14 125 000
Total Assets	48 019 000	51 194 000	44 423 000	42 337 000
Total Equity	15 937 000	18 830 000	18 710 000	16 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 036 000	14 478 000	7 250 000	3 750 000
Creditors	5 661 000	7 331 000	8 044 000	9 388 000
Unpaid Taxes	1 613 000	2 014 000	1 771 000	1 836 000
Dividends	0	0	0	0
Other Current Debt	5 764 000	8 016 000	5 441 000	7 402 000
Total Current Debt	14 046 000	17 886 000	18 463 000	22 403 000
Total Equity and Debt	48 019 000	51 194 000	44 423 000	42 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,15 %	0,64 %	−13,22 %	−15,73 %
Debt-to-Equity Ratio	1,13	0,77	0,39	0,23
Operating Profit Margin	−8,81 %	3,18 %	−10,13 %	−8,57 %
Current Ratio	0,53	0,63	0,45	0,63
Quick Ratio	0,53	0,63	0,45	0,63
Equity Ratio	0,33	0,37	0,42	0,38
Gross Profit Margin	55,61 %	54,27 %	54,3 %	58,76 %