PRIMECON AS

4950 RISØR

Finances

Return on Equity

−6,22 %

Current Ratio

2 070,5

Debt-to-Equity Ratio

3,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	280 000	283 000	177 000
Net Income	−73 000	743 000	323 000	213 000
Total Assets	4 959 000	5 017 000	3 373 000	2 062 000
Total Equity	1 173 000	1 246 000	503 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	280 000	283 000	177 000
Expenditure	225 000	190 000	212 000	170 000
Operating Profit	46 000	89 000	71 000	7 000
Financial Income	150 000	678 000	284 000	243 000
Financial Costs	271 000	3 000	21 000	44 000
Financial Balance	−121 000	675 000	263 000	199 000
Earnings Before Tax	−76 000	764 000	334 000	419 000
Tax	−3 000	21 000	11 000	−8 000
Net Income	−73 000	743 000	323 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	818 000	821 000	824 000	810 000
Total Current Assets	4 141 000	4 196 000	2 549 000	1 252 000
Total Assets	4 959 000	5 017 000	3 373 000	2 062 000
Total Retained Equity	1 143 000	1 216 000	473 000	150 000
Total Equity	1 173 000	1 246 000	503 000	180 000
Total Long-Term Debt	3 784 000	3 747 000	2 853 000	1 881 000
Total Current Debt	2 000	24 000	17 000	0
Total Equity and Debt	4 959 000	5 017 000	3 373 000	2 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	68 000	78 000	49 000
Other Income	210 000	212 000	205 000	128 000
Revenue	270 000	280 000	283 000	177 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	0	0	1 000
Depreciation	3 000	3 000	2 000	0
Impairment	0	0	0	0
Expenditure	225 000	190 000	212 000	170 000
Operating Profit	46 000	89 000	71 000	7 000
Financial Income	150 000	678 000	284 000	243 000
Financial Costs	271 000	3 000	21 000	44 000
Financial Balance	−121 000	675 000	263 000	199 000
Dividends	0	0	0	0
Net Income	−73 000	743 000	323 000	213 000

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	8 000	11 000	14 000	0
Total Tangible Assets	8 000	11 000	14 000	0
Total Fiancial Fixed Assets	810 000	810 000	810 000	810 000
Total Fixed Assets	818 000	821 000	824 000	810 000
Stock	0	0	0	0
Total Investments	3 786 000	3 839 000	2 412 000	1 170 000
Cash, Bank	352 000	355 000	100 000	71 000
Total Current Assets	4 141 000	4 196 000	2 549 000	1 252 000
Total Assets	4 959 000	5 017 000	3 373 000	2 062 000
Total Equity	1 173 000	1 246 000	503 000	180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 784 000	3 747 000	2 853 000	1 881 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 000	24 000	17 000	0
Total Equity and Debt	4 959 000	5 017 000	3 373 000	2 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,22 %	59,63 %	64,21 %	118,33 %
Debt-to-Equity Ratio	3,23	3,01	5,67	10,45
Operating Profit Margin	17,04 %	31,79 %	25,09 %	3,95 %
Current Ratio	2 070,5	174,83	149,94	-
Quick Ratio	2 070,5	174,83	149,94	-
Equity Ratio	0,24	0,25	0,15	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %