PORSGRUNN MEK AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

−17,38 %

Current Ratio

1,98

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 508 000	1 176 000	1 071 000	1 412 000
Net Income	−1 835 000	−1 405 000	−1 379 000	−607 000
Total Assets	39 335 000	39 275 000	41 048 000	33 740 000
Total Equity	10 560 000	12 395 000	13 800 000	15 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 508 000	1 176 000	1 071 000	1 412 000
Expenditure	2 172 000	2 055 000	1 993 000	1 647 000
Operating Profit	−663 000	−879 000	−922 000	−234 000
Financial Income	12 000	9 000	19 000	33 000
Financial Costs	1 219 000	931 000	865 000	577 000
Financial Balance	−1 207 000	−922 000	−846 000	−544 000
Earnings Before Tax	−1 871 000	−1 801 000	−1 767 000	−778 000
Tax	−35 000	−396 000	−389 000	−171 000
Net Income	−1 835 000	−1 405 000	−1 379 000	−607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 607 000	37 659 000	36 357 000	32 727 000
Total Current Assets	1 728 000	1 616 000	4 691 000	1 013 000
Total Assets	39 335 000	39 275 000	41 048 000	33 740 000
Total Retained Equity	−3 427 000	−1 591 000	−186 000	1 192 000
Total Equity	10 560 000	12 395 000	13 800 000	15 179 000
Total Long-Term Debt	27 905 000	25 990 000	26 467 000	17 536 000
Total Current Debt	871 000	890 000	781 000	1 025 000
Total Equity and Debt	39 335 000	39 275 000	41 048 000	33 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 508 000	1 176 000	1 071 000	1 412 000
Revenue	1 508 000	1 176 000	1 071 000	1 412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	256 000	253 000	255 000
Depreciation	294 000	288 000	286 000	282 000
Impairment	0	0	0	0
Expenditure	2 172 000	2 055 000	1 993 000	1 647 000
Operating Profit	−663 000	−879 000	−922 000	−234 000
Financial Income	12 000	9 000	19 000	33 000
Financial Costs	1 219 000	931 000	865 000	577 000
Financial Balance	−1 207 000	−922 000	−846 000	−544 000
Dividends	0	0	0	0
Net Income	−1 835 000	−1 405 000	−1 379 000	−607 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 569 000	37 609 000	36 329 000	32 727 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	51 000	28 000	0
Total Tangible Assets	37 607 000	37 659 000	36 357 000	32 727 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 607 000	37 659 000	36 357 000	32 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 322 000	1 201 000	4 342 000	643 000
Total Current Assets	1 728 000	1 616 000	4 691 000	1 013 000
Total Assets	39 335 000	39 275 000	41 048 000	33 740 000
Total Equity	10 560 000	12 395 000	13 800 000	15 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 905 000	25 990 000	26 467 000	17 536 000
Creditors	69 000	132 000	176 000	621 000
Unpaid Taxes	0	24 000	28 000	24 000
Dividends	0	0	0	0
Other Current Debt	802 000	733 000	578 000	380 000
Total Current Debt	871 000	890 000	781 000	1 025 000
Total Equity and Debt	39 335 000	39 275 000	41 048 000	33 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,38 %	−11,34 %	−9,99 %	−4 %
Debt-to-Equity Ratio	2,64	2,1	1,92	1,16
Operating Profit Margin	−43,97 %	−74,74 %	−86,09 %	−16,57 %
Current Ratio	1,98	1,82	6,01	0,99
Quick Ratio	1,98	1,82	6,01	0,99
Equity Ratio	0,27	0,32	0,34	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %