PETROLVALVES AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

5,7 %

Current Ratio

26,29

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 360 000	9 991 000	10 161 000	35 249 000
Net Income	2 350 000	1 851 000	2 470 000	−1 626 000
Total Assets	43 072 000	41 276 000	40 427 000	33 313 000
Total Equity	41 246 000	38 897 000	37 046 000	29 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 360 000	9 991 000	10 161 000	35 249 000
Expenditure	6 274 000	7 454 000	7 431 000	29 837 000
Operating Profit	3 086 000	2 537 000	2 730 000	5 411 000
Financial Income	45 000	72 000	1 070 000	2 211 000
Financial Costs	118 000	236 000	634 000	9 586 000
Financial Balance	−73 000	−164 000	436 000	−7 375 000
Earnings Before Tax	3 013 000	2 373 000	3 166 000	−1 965 000
Tax	663 000	522 000	697 000	−339 000
Net Income	2 350 000	1 851 000	2 470 000	−1 626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 025 000	8 306 000	8 489 000	10 872 000
Total Current Assets	37 047 000	32 970 000	31 938 000	22 440 000
Total Assets	43 072 000	41 276 000	40 427 000	33 313 000
Total Retained Equity	34 436 000	32 086 000	30 236 000	27 766 000
Total Equity	41 246 000	38 897 000	37 046 000	29 538 000
Total Long-Term Debt	416 000	0	0	0
Total Current Debt	1 409 000	2 379 000	3 381 000	3 774 000
Total Equity and Debt	43 072 000	41 276 000	40 427 000	33 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 059 000	7 782 000	9 968 000	35 043 000
Other Income	301 000	2 209 000	193 000	206 000
Revenue	9 360 000	9 991 000	10 161 000	35 249 000
Cost of Goods Sold	7 000	406 000	−95 000	22 810 000
Salary Costs	3 619 000	3 623 000	4 051 000	3 994 000
Depreciation	281 000	296 000	333 000	282 000
Impairment	0	0	0	0
Expenditure	6 274 000	7 454 000	7 431 000	29 837 000
Operating Profit	3 086 000	2 537 000	2 730 000	5 411 000
Financial Income	45 000	72 000	1 070 000	2 211 000
Financial Costs	118 000	236 000	634 000	9 586 000
Financial Balance	−73 000	−164 000	436 000	−7 375 000
Dividends	0	0	0	0
Net Income	2 350 000	1 851 000	2 470 000	−1 626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	149 000	56 000	4 333 000
Real Eastate	5 609 000	5 802 000	5 996 000	6 189 000
Machinery and Plant Facilities	10 000	24 000	39 000	74 000
Fixtures	31 000	104 000	171 000	276 000
Total Tangible Assets	5 649 000	5 930 000	6 207 000	6 539 000
Total Fiancial Fixed Assets	376 000	2 226 000	2 226 000	0
Total Fixed Assets	6 025 000	8 306 000	8 489 000	10 872 000
Stock	0	0	405 000	405 000
Total Investments	0	0	0	0
Cash, Bank	2 632 000	6 982 000	1 779 000	4 930 000
Total Current Assets	37 047 000	32 970 000	31 938 000	22 440 000
Total Assets	43 072 000	41 276 000	40 427 000	33 313 000
Total Equity	41 246 000	38 897 000	37 046 000	29 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	416 000	0	0	0
Creditors	70 000	194 000	98 000	1 106 000
Unpaid Taxes	34 000	95 000	97 000	192 000
Dividends	0	0	0	0
Other Current Debt	1 209 000	1 474 000	3 186 000	2 476 000
Total Current Debt	1 409 000	2 379 000	3 381 000	3 774 000
Total Equity and Debt	43 072 000	41 276 000	40 427 000	33 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,7 %	4,76 %	6,67 %	−5,5 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	32,97 %	25,39 %	26,87 %	15,35 %
Current Ratio	26,29	13,86	9,45	5,95
Quick Ratio	26,29	13,86	10,73	6,66
Equity Ratio	0,96	0,94	0,92	0,89
Gross Profit Margin	99,93 %	95,94 %	100,93 %	35,29 %