PETROLEUM RESOURCE GROUP AS

0372 OSLO

Finances

Share Ownership

Return on Equity

−12,85 %

Current Ratio

11,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	128 000	379 000	417 000
Net Income	−794 000	2 905 000	−623 000	23 000
Total Assets	6 554 000	10 344 000	12 349 000	12 979 000
Total Equity	6 181 000	7 671 000	12 261 000	12 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	128 000	379 000	417 000
Expenditure	658 000	538 000	531 000	855 000
Operating Profit	−504 000	−409 000	−152 000	−438 000
Financial Income	1 421 000	3 327 000	26 000	574 000
Financial Costs	1 711 000	14 000	497 000	113 000
Financial Balance	−290 000	3 313 000	−471 000	461 000
Earnings Before Tax	−794 000	2 905 000	−623 000	23 000
Tax	0	0	0	0
Net Income	−794 000	2 905 000	−623 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 380 000	3 043 000	8 793 000	9 059 000
Total Current Assets	4 174 000	7 301 000	3 557 000	3 920 000
Total Assets	6 554 000	10 344 000	12 349 000	12 979 000
Total Retained Equity	1 414 000	2 905 000	−419 000	204 000
Total Equity	6 181 000	7 671 000	12 261 000	12 884 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	373 000	2 673 000	88 000	45 000
Total Equity and Debt	6 554 000	10 344 000	12 349 000	12 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	155 000	128 000	379 000	417 000
Revenue	155 000	128 000	379 000	417 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	8 000	3 000	0
Depreciation	37 000	37 000	19 000	23 000
Impairment	0	0	0	0
Expenditure	658 000	538 000	531 000	855 000
Operating Profit	−504 000	−409 000	−152 000	−438 000
Financial Income	1 421 000	3 327 000	26 000	574 000
Financial Costs	1 711 000	14 000	497 000	113 000
Financial Balance	−290 000	3 313 000	−471 000	461 000
Dividends	0	7 200 000	0	0
Net Income	−794 000	2 905 000	−623 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 123 000	2 394 000	8 060 000	7 959 000
Machinery and Plant Facilities	0	0	0	1 052 000
Fixtures	257 000	648 000	685 000	0
Total Tangible Assets	2 380 000	3 043 000	8 745 000	9 011 000
Total Fiancial Fixed Assets	0	0	48 000	48 000
Total Fixed Assets	2 380 000	3 043 000	8 793 000	9 059 000
Stock	0	0	0	0
Total Investments	2 346 000	4 059 000	2 137 000	2 583 000
Cash, Bank	1 586 000	2 286 000	142 000	1 021 000
Total Current Assets	4 174 000	7 301 000	3 557 000	3 920 000
Total Assets	6 554 000	10 344 000	12 349 000	12 979 000
Total Equity	6 181 000	7 671 000	12 261 000	12 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	7 200 000	0	0
Other Current Debt	373 000	2 673 000	88 000	45 000
Total Current Debt	373 000	2 673 000	88 000	45 000
Total Equity and Debt	6 554 000	10 344 000	12 349 000	12 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,85 %	37,87 %	−5,08 %	0,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−325,16 %	−319,53 %	−40,11 %	−105,04 %
Current Ratio	11,19	2,73	40,42	87,11
Quick Ratio	11,19	2,73	40,42	87,11
Equity Ratio	0,94	0,74	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %