PETROLEUM RECORDS AS

0181 OSLO

Finances

Share Ownership

Return on Equity

141,01 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 518 000	7 233 000	7 182 000	10 818 000
Net Income	1 224 000	701 000	1 979 000	2 754 000
Total Assets	6 508 000	5 985 000	3 839 000	5 932 000
Total Equity	868 000	645 000	504 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 518 000	7 233 000	7 182 000	10 818 000
Expenditure	7 933 000	6 323 000	4 627 000	7 270 000
Operating Profit	1 585 000	909 000	2 554 000	3 549 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	0	7 000	6 000
Financial Balance	−6 000	0	−7 000	−5 000
Earnings Before Tax	1 579 000	908 000	2 547 000	3 543 000
Tax	355 000	208 000	568 000	789 000
Net Income	1 224 000	701 000	1 979 000	2 754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	23 000	13 000	14 000
Total Current Assets	6 447 000	5 962 000	3 826 000	5 918 000
Total Assets	6 508 000	5 985 000	3 839 000	5 932 000
Total Retained Equity	768 000	545 000	404 000	5 000
Total Equity	868 000	645 000	504 000	105 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 640 000	5 341 000	3 335 000	5 827 000
Total Equity and Debt	6 508 000	5 985 000	3 839 000	5 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 338 000	6 805 000	6 634 000	10 365 000
Other Income	180 000	428 000	548 000	453 000
Revenue	9 518 000	7 233 000	7 182 000	10 818 000
Cost of Goods Sold	5 243 000	3 501 000	2 662 000	4 417 000
Salary Costs	1 429 000	1 381 000	1 174 000	1 677 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 933 000	6 323 000	4 627 000	7 270 000
Operating Profit	1 585 000	909 000	2 554 000	3 549 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	0	7 000	6 000
Financial Balance	−6 000	0	−7 000	−5 000
Dividends	1 000 000	560 000	1 580 000	2 750 000
Net Income	1 224 000	701 000	1 979 000	2 754 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	23 000	13 000	14 000
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	62 000	23 000	13 000	14 000
Stock	476 000	450 000	450 000	0
Total Investments	0	0	0	0
Cash, Bank	2 361 000	1 684 000	1 275 000	2 539 000
Total Current Assets	6 447 000	5 962 000	3 826 000	5 918 000
Total Assets	6 508 000	5 985 000	3 839 000	5 932 000
Total Equity	868 000	645 000	504 000	105 000
Short-Term Group Debt	1 000 000	1 928 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	116 000	11 000	13 000
Unpaid Taxes	543 000	352 000	166 000	200 000
Dividends	1 000 000	560 000	1 580 000	2 750 000
Other Current Debt	2 669 000	2 166 000	1 010 000	2 067 000
Total Current Debt	5 640 000	5 341 000	3 335 000	5 827 000
Total Equity and Debt	6 508 000	5 985 000	3 839 000	5 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	141,01 %	108,68 %	392,66 %	2 622,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,65 %	12,57 %	35,56 %	32,81 %
Current Ratio	1,14	1,12	1,15	1,02
Quick Ratio	1,25	1,22	1,33	1,02
Equity Ratio	0,13	0,11	0,13	0,02
Gross Profit Margin	44,91 %	51,6 %	62,94 %	59,17 %