PANVULK AS

1348 RYKKINN

Finances

Share Ownership

Return on Equity

−3,43 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 368 000	15 291 000	27 272 000	20 640 000
Net Income	−203 000	1 045 000	6 656 000	1 022 000
Total Assets	9 332 000	13 384 000	15 414 000	11 878 000
Total Equity	5 912 000	6 115 000	6 326 000	1 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 368 000	15 291 000	27 272 000	20 640 000
Expenditure	12 537 000	14 195 000	19 444 000	19 382 000
Operating Profit	−168 000	1 097 000	7 828 000	1 258 000
Financial Income	26 000	310 000	341 000	8 000
Financial Costs	118 000	64 000	241 000	284 000
Financial Balance	−92 000	246 000	100 000	−276 000
Earnings Before Tax	−261 000	1 342 000	7 928 000	983 000
Tax	−57 000	298 000	1 272 000	−39 000
Net Income	−203 000	1 045 000	6 656 000	1 022 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	457 000	400 000	407 000	580 000
Total Current Assets	8 875 000	12 984 000	15 007 000	11 298 000
Total Assets	9 332 000	13 384 000	15 414 000	11 878 000
Total Retained Equity	4 912 000	5 115 000	5 326 000	420 000
Total Equity	5 912 000	6 115 000	6 326 000	1 420 000
Total Long-Term Debt	0	744 000	2 494 000	4 989 000
Total Current Debt	3 421 000	6 524 000	6 594 000	5 469 000
Total Equity and Debt	9 332 000	13 384 000	15 414 000	11 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 339 000	15 262 000	24 777 000	20 640 000
Other Income	29 000	29 000	2 494 000	0
Revenue	12 368 000	15 291 000	27 272 000	20 640 000
Cost of Goods Sold	5 765 000	7 375 000	11 731 000	10 343 000
Salary Costs	3 935 000	3 730 000	4 270 000	4 408 000
Depreciation	0	5 000	21 000	29 000
Impairment	0	0	0	0
Expenditure	12 537 000	14 195 000	19 444 000	19 382 000
Operating Profit	−168 000	1 097 000	7 828 000	1 258 000
Financial Income	26 000	310 000	341 000	8 000
Financial Costs	118 000	64 000	241 000	284 000
Financial Balance	−92 000	246 000	100 000	−276 000
Dividends	0	1 256 000	1 750 000	0
Net Income	−203 000	1 045 000	6 656 000	1 022 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	52 000	54 000	214 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	26 000
Total Tangible Assets	0	0	5 000	26 000
Total Fiancial Fixed Assets	348 000	348 000	348 000	340 000
Total Fixed Assets	457 000	400 000	407 000	580 000
Stock	3 947 000	3 694 000	3 116 000	3 808 000
Total Investments	0	0	0	0
Cash, Bank	3 980 000	8 269 000	11 373 000	5 232 000
Total Current Assets	8 875 000	12 984 000	15 007 000	11 298 000
Total Assets	9 332 000	13 384 000	15 414 000	11 878 000
Total Equity	5 912 000	6 115 000	6 326 000	1 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	744 000	2 494 000	4 989 000
Creditors	856 000	2 035 000	43 000	1 572 000
Unpaid Taxes	487 000	570 000	470 000	613 000
Dividends	0	1 256 000	1 750 000	0
Other Current Debt	2 077 000	2 369 000	4 968 000	3 283 000
Total Current Debt	3 421 000	6 524 000	6 594 000	5 469 000
Total Equity and Debt	9 332 000	13 384 000	15 414 000	11 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,43 %	17,09 %	105,22 %	71,97 %
Debt-to-Equity Ratio	0	0,12	0,39	3,51
Operating Profit Margin	−1,36 %	7,17 %	28,7 %	6,09 %
Current Ratio	2,59	1,99	2,28	2,07
Quick Ratio	−16,87	4,59	4,31	6,8
Equity Ratio	0,63	0,46	0,41	0,12
Gross Profit Margin	53,39 %	51,77 %	56,99 %	49,89 %