PORSGRUNN MIN BY AS

3915 PORSGRUNN

Finances

Return on Equity

−5,67 %

Current Ratio

3,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 555 000	1 985 000	1 589 000	1 159 000
Net Income	−51 000	621 000	571 000	−191 000
Total Assets	1 279 000	1 441 000	470 000	221 000
Total Equity	900 000	950 000	330 000	−257 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 555 000	1 985 000	1 589 000	1 159 000
Expenditure	1 607 000	1 279 000	1 013 000	1 338 000
Operating Profit	−52 000	707 000	576 000	−178 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	−1 000	1 000	6 000	14 000
Financial Balance	2 000	0	−5 000	−13 000
Earnings Before Tax	−51 000	707 000	571 000	−191 000
Tax	0	86 000	0	0
Net Income	−51 000	621 000	571 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	12 000	0	0
Total Current Assets	1 273 000	1 430 000	470 000	221 000
Total Assets	1 279 000	1 441 000	470 000	221 000
Total Retained Equity	654 000	692 000	72 000	−725 000
Total Equity	900 000	950 000	330 000	−257 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	379 000	491 000	141 000	478 000
Total Equity and Debt	1 279 000	1 441 000	470 000	221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 510 000	1 397 000	1 551 000	911 000
Other Income	45 000	588 000	38 000	248 000
Revenue	1 555 000	1 985 000	1 589 000	1 159 000
Cost of Goods Sold	182 000	66 000	46 000	78 000
Salary Costs	974 000	705 000	539 000	414 000
Depreciation	6 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	1 607 000	1 279 000	1 013 000	1 338 000
Operating Profit	−52 000	707 000	576 000	−178 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	−1 000	1 000	6 000	14 000
Financial Balance	2 000	0	−5 000	−13 000
Dividends	0	0	0	0
Net Income	−51 000	621 000	571 000	−191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	12 000	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	6 000	12 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 130 000	1 367 000	423 000	163 000
Total Current Assets	1 273 000	1 430 000	470 000	221 000
Total Assets	1 279 000	1 441 000	470 000	221 000
Total Equity	900 000	950 000	330 000	−257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	135 000	67 000	346 000
Unpaid Taxes	70 000	67 000	19 000	29 000
Dividends	0	0	0	0
Other Current Debt	268 000	204 000	55 000	48 000
Total Current Debt	379 000	491 000	141 000	478 000
Total Equity and Debt	1 279 000	1 441 000	470 000	221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,67 %	65,37 %	173,03 %	74,32 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−3,34 %	35,62 %	36,25 %	−15,36 %
Current Ratio	3,36	2,91	3,33	0,46
Quick Ratio	3,36	2,91	3,33	0,46
Equity Ratio	0,7	0,66	0,7	−1,16
Gross Profit Margin	88,3 %	96,68 %	97,11 %	93,27 %