PPG COATINGS NORWAY AS

0175 OSLO

Finances

Share Ownership

Return on Equity

6,89 %

Current Ratio

20,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 199 000	5 410 000	6 481 000	11 555 000
Net Income	904 000	1 762 000	1 921 000	2 861 000
Total Assets	13 800 000	12 835 000	11 271 000	10 239 000
Total Equity	13 118 000	12 214 000	10 452 000	8 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 199 000	5 410 000	6 481 000	11 555 000
Expenditure	2 477 000	3 691 000	4 597 000	8 753 000
Operating Profit	722 000	1 719 000	1 885 000	2 802 000
Financial Income	182 000	54 000	67 000	78 000
Financial Costs	0	11 000	31 000	18 000
Financial Balance	182 000	43 000	36 000	60 000
Earnings Before Tax	904 000	1 762 000	1 921 000	2 861 000
Tax	0	0	0	0
Net Income	904 000	1 762 000	1 921 000	2 861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	13 800 000	12 835 000	11 271 000	10 239 000
Total Assets	13 800 000	12 835 000	11 271 000	10 239 000
Total Retained Equity	11 667 000	10 763 000	9 001 000	7 080 000
Total Equity	13 118 000	12 214 000	10 452 000	8 531 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	682 000	621 000	819 000	1 708 000
Total Equity and Debt	13 800 000	12 835 000	11 271 000	10 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 199 000	5 410 000	6 481 000	9 583 000
Other Income	0	0	0	1 972 000
Revenue	3 199 000	5 410 000	6 481 000	11 555 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 566 000	2 627 000	3 080 000	5 774 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 477 000	3 691 000	4 597 000	8 753 000
Operating Profit	722 000	1 719 000	1 885 000	2 802 000
Financial Income	182 000	54 000	67 000	78 000
Financial Costs	0	11 000	31 000	18 000
Financial Balance	182 000	43 000	36 000	60 000
Dividends	0	0	0	0
Net Income	904 000	1 762 000	1 921 000	2 861 000

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	2 953 000	2 480 000	1 625 000	810 000
Total Current Assets	13 800 000	12 835 000	11 271 000	10 239 000
Total Assets	13 800 000	12 835 000	11 271 000	10 239 000
Total Equity	13 118 000	12 214 000	10 452 000	8 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	72 000	296 000
Unpaid Taxes	249 000	132 000	236 000	390 000
Dividends	0	0	0	0
Other Current Debt	431 000	489 000	511 000	1 023 000
Total Current Debt	682 000	621 000	819 000	1 708 000
Total Equity and Debt	13 800 000	12 835 000	11 271 000	10 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,89 %	14,43 %	18,38 %	33,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,57 %	31,77 %	29,09 %	24,25 %
Current Ratio	20,23	20,67	13,76	5,99
Quick Ratio	20,23	20,67	13,76	5,99
Equity Ratio	0,95	0,95	0,93	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %