PETROLINK AS

4033 STAVANGER

Finances

Return on Equity

−17,37 %

Current Ratio

0,17

Debt-to-Equity Ratio

8,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 124 000	23 889 000	30 088 000	39 202 000
Net Income	−236 000	−8 367 000	4 364 000	88 000
Total Assets	41 448 000	42 176 000	48 638 000	43 491 000
Total Equity	1 359 000	1 595 000	9 962 000	6 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 124 000	23 889 000	30 088 000	39 202 000
Expenditure	17 902 000	32 248 000	25 441 000	38 400 000
Operating Profit	1 223 000	−8 358 000	4 646 000	802 000
Financial Income	976 000	909 000	1 110 000	1 143 000
Financial Costs	2 436 000	917 000	1 392 000	1 857 000
Financial Balance	−1 460 000	−8 000	−282 000	−714 000
Earnings Before Tax	−236 000	−8 367 000	4 364 000	88 000
Tax	0	0	0	0
Net Income	−236 000	−8 367 000	4 364 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 371 000	36 755 000	36 896 000	36 286 000
Total Current Assets	5 077 000	5 421 000	11 742 000	7 205 000
Total Assets	41 448 000	42 176 000	48 638 000	43 491 000
Total Retained Equity	−1 641 000	−1 405 000	3 791 000	62 000
Total Equity	1 359 000	1 595 000	9 962 000	6 232 000
Total Long-Term Debt	10 921 000	11 104 000	11 604 000	12 130 000
Total Current Debt	29 167 000	29 477 000	27 072 000	25 129 000
Total Equity and Debt	41 448 000	42 176 000	48 638 000	43 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 124 000	23 889 000	30 088 000	39 202 000
Other Income	0	0	0	0
Revenue	19 124 000	23 889 000	30 088 000	39 202 000
Cost of Goods Sold	10 017 000	14 922 000	17 037 000	28 511 000
Salary Costs	4 732 000	4 939 000	5 122 000	5 651 000
Depreciation	238 000	218 000	205 000	208 000
Impairment	0	0	0	0
Expenditure	17 902 000	32 248 000	25 441 000	38 400 000
Operating Profit	1 223 000	−8 358 000	4 646 000	802 000
Financial Income	976 000	909 000	1 110 000	1 143 000
Financial Costs	2 436 000	917 000	1 392 000	1 857 000
Financial Balance	−1 460 000	−8 000	−282 000	−714 000
Dividends	0	0	0	0
Net Income	−236 000	−8 367 000	4 364 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	207 000	207 000	207 000	207 000
Real Eastate	11 000	57 000	104 000	151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	278 000	469 000	640 000	459 000
Total Tangible Assets	289 000	526 000	744 000	609 000
Total Fiancial Fixed Assets	35 876 000	36 022 000	35 945 000	35 470 000
Total Fixed Assets	36 371 000	36 755 000	36 896 000	36 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	361 000	345 000	177 000
Total Current Assets	5 077 000	5 421 000	11 742 000	7 205 000
Total Assets	41 448 000	42 176 000	48 638 000	43 491 000
Total Equity	1 359 000	1 595 000	9 962 000	6 232 000
Short-Term Group Debt	8 022 000	8 552 000	8 473 000	6 823 000
Total Long-Term Debt	10 921 000	11 104 000	11 604 000	12 130 000
Creditors	467 000	688 000	519 000	1 040 000
Unpaid Taxes	1 435 000	1 266 000	1 027 000	586 000
Dividends	0	0	0	0
Other Current Debt	6 162 000	5 652 000	3 674 000	3 499 000
Total Current Debt	29 167 000	29 477 000	27 072 000	25 129 000
Total Equity and Debt	41 448 000	42 176 000	48 638 000	43 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,37 %	−524,58 %	43,81 %	1,41 %
Debt-to-Equity Ratio	8,04	6,96	1,16	1,95
Operating Profit Margin	6,4 %	−34,99 %	15,44 %	2,05 %
Current Ratio	0,17	0,18	0,43	0,29
Quick Ratio	0,17	0,18	0,43	0,29
Equity Ratio	0,03	0,04	0,2	0,14
Gross Profit Margin	47,62 %	37,54 %	43,38 %	27,27 %