PETROLINK SUPPORT AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

9,6 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 238 000	855 000	2 377 000	6 875 000
Net Income	50 000	43 000	63 000	143 000
Total Assets	2 619 000	2 617 000	2 755 000	1 928 000
Total Equity	521 000	520 000	519 000	519 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 238 000	855 000	2 377 000	6 875 000
Expenditure	1 235 000	854 000	2 340 000	6 754 000
Operating Profit	2 000	0	37 000	121 000
Financial Income	70 000	61 000	44 000	64 000
Financial Costs	9 000	6 000	0	2 000
Financial Balance	61 000	55 000	44 000	62 000
Earnings Before Tax	64 000	55 000	81 000	183 000
Tax	14 000	12 000	18 000	40 000
Net Income	50 000	43 000	63 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 619 000	2 617 000	2 755 000	1 928 000
Total Assets	2 619 000	2 617 000	2 755 000	1 928 000
Total Retained Equity	21 000	20 000	19 000	19 000
Total Equity	521 000	520 000	519 000	519 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 099 000	2 097 000	2 235 000	1 409 000
Total Equity and Debt	2 619 000	2 617 000	2 755 000	1 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 238 000	855 000	2 377 000	6 875 000
Other Income	0	0	0	0
Revenue	1 238 000	855 000	2 377 000	6 875 000
Cost of Goods Sold	155 000	0	1 684 000	0
Salary Costs	1 068 000	848 000	645 000	5 360 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 235 000	854 000	2 340 000	6 754 000
Operating Profit	2 000	0	37 000	121 000
Financial Income	70 000	61 000	44 000	64 000
Financial Costs	9 000	6 000	0	2 000
Financial Balance	61 000	55 000	44 000	62 000
Dividends	0	0	0	0
Net Income	50 000	43 000	63 000	143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	30 000	21 000	275 000
Total Current Assets	2 619 000	2 617 000	2 755 000	1 928 000
Total Assets	2 619 000	2 617 000	2 755 000	1 928 000
Total Equity	521 000	520 000	519 000	519 000
Short-Term Group Debt	63 000	54 000	81 000	182 000
Total Long-Term Debt	0	0	0	0
Creditors	1 623 000	1 618 000	0	1 000
Unpaid Taxes	174 000	179 000	122 000	485 000
Dividends	0	0	0	0
Other Current Debt	239 000	246 000	399 000	740 000
Total Current Debt	2 099 000	2 097 000	2 235 000	1 409 000
Total Equity and Debt	2 619 000	2 617 000	2 755 000	1 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,6 %	8,27 %	12,14 %	27,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,16 %	0 %	1,56 %	1,76 %
Current Ratio	1,25	1,25	1,23	1,37
Quick Ratio	1,25	1,25	1,23	1,37
Equity Ratio	0,2	0,2	0,19	0,27
Gross Profit Margin	87,48 %	100 %	29,15 %	100 %