PRIMO NORGE AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

478,09 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 042 000	7 218 000	6 222 000	6 129 000
Net Income	2 749 000	2 085 000	1 321 000	723 000
Total Assets	5 062 000	5 346 000	3 218 000	2 349 000
Total Equity	575 000	3 976 000	1 892 000	1 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 042 000	7 218 000	6 222 000	6 129 000
Expenditure	5 522 000	4 493 000	4 521 000	5 291 000
Operating Profit	3 519 000	2 724 000	1 702 000	838 000
Financial Income	9 000	−50 000	175 000	137 000
Financial Costs	2 000	1 000	183 000	48 000
Financial Balance	7 000	−51 000	−8 000	89 000
Earnings Before Tax	3 526 000	2 673 000	1 694 000	927 000
Tax	777 000	588 000	373 000	205 000
Net Income	2 749 000	2 085 000	1 321 000	723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	231 000	101 000	108 000
Total Current Assets	4 867 000	5 115 000	3 118 000	2 241 000
Total Assets	5 062 000	5 346 000	3 218 000	2 349 000
Total Retained Equity	5 000	3 406 000	1 322 000	730 000
Total Equity	575 000	3 976 000	1 892 000	1 300 000
Total Long-Term Debt	0	2 000	3 000	4 000
Total Current Debt	4 487 000	1 368 000	1 324 000	1 045 000
Total Equity and Debt	5 062 000	5 346 000	3 218 000	2 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 042 000	7 218 000	6 222 000	6 129 000
Other Income	0	0	0	0
Revenue	9 042 000	7 218 000	6 222 000	6 129 000
Cost of Goods Sold	0	0	13 000	0
Salary Costs	3 905 000	2 950 000	3 262 000	3 668 000
Depreciation	75 000	62 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	5 522 000	4 493 000	4 521 000	5 291 000
Operating Profit	3 519 000	2 724 000	1 702 000	838 000
Financial Income	9 000	−50 000	175 000	137 000
Financial Costs	2 000	1 000	183 000	48 000
Financial Balance	7 000	−51 000	−8 000	89 000
Dividends	6 150 000	0	0	0
Net Income	2 749 000	2 085 000	1 321 000	723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	134 000	4 000	11 000
Total Tangible Assets	94 000	134 000	4 000	11 000
Total Fiancial Fixed Assets	97 000	97 000	97 000	97 000
Total Fixed Assets	195 000	231 000	101 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	443 000	3 172 000	2 722 000	1 583 000
Total Current Assets	4 867 000	5 115 000	3 118 000	2 241 000
Total Assets	5 062 000	5 346 000	3 218 000	2 349 000
Total Equity	575 000	3 976 000	1 892 000	1 300 000
Short-Term Group Debt	196 000	0	0	0
Total Long-Term Debt	0	2 000	3 000	4 000
Creditors	5 000	273 000	4 000	80 000
Unpaid Taxes	279 000	246 000	244 000	240 000
Dividends	6 150 000	0	0	0
Other Current Debt	474 000	260 000	702 000	519 000
Total Current Debt	4 487 000	1 368 000	1 324 000	1 045 000
Total Equity and Debt	5 062 000	5 346 000	3 218 000	2 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	478,09 %	52,44 %	69,82 %	55,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,92 %	37,74 %	27,35 %	13,67 %
Current Ratio	1,08	3,74	2,35	2,14
Quick Ratio	1,08	3,74	2,35	2,14
Equity Ratio	0,11	0,74	0,59	0,55
Gross Profit Margin	100 %	100 %	99,79 %	100 %