PRINCIPO AS

0257 OSLO

Finances

Return on Equity

17,94 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2021	2020	2019	2018
Revenue	373 000	934 000	413 000	201 000
Net Income	610 000	1 457 000	538 000	4 543 000
Total Assets	6 597 000	5 101 000	4 680 000	5 382 000
Total Equity	3 401 000	3 010 000	1 853 000	3 736 000

Income (NOK)	2021	2020	2019	2018
Revenue	373 000	934 000	413 000	201 000
Expenditure	481 000	556 000	338 000	100 000
Operating Profit	−108 000	378 000	75 000	101 000
Financial Income	834 000	1 340 000	601 000	4 512 000
Financial Costs	116 000	235 000	138 000	52 000
Financial Balance	718 000	1 105 000	463 000	4 460 000
Earnings Before Tax	610 000	1 482 000	538 000	4 561 000
Tax	0	25 000	0	18 000
Net Income	610 000	1 457 000	538 000	4 543 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 244 000	2 084 000	1 764 000	3 065 000
Total Current Assets	3 353 000	3 017 000	2 916 000	2 317 000
Total Assets	6 597 000	5 101 000	4 680 000	5 382 000
Total Retained Equity	3 301 000	2 910 000	1 753 000	3 636 000
Total Equity	3 401 000	3 010 000	1 853 000	3 736 000
Total Long-Term Debt	1 343 000	1 415 000	0	0
Total Current Debt	1 853 000	675 000	2 827 000	1 646 000
Total Equity and Debt	6 597 000	5 101 000	4 680 000	5 382 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	373 000	934 000	413 000	201 000
Other Income	0	0	0	0
Revenue	373 000	934 000	413 000	201 000
Cost of Goods Sold	0	0	0	0
Salary Costs	385 000	409 000	230 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	481 000	556 000	338 000	100 000
Operating Profit	−108 000	378 000	75 000	101 000
Financial Income	834 000	1 340 000	601 000	4 512 000
Financial Costs	116 000	235 000	138 000	52 000
Financial Balance	718 000	1 105 000	463 000	4 460 000
Dividends	219 000	300 000	1 120 000	1 000 000
Net Income	610 000	1 457 000	538 000	4 543 000

Balance details (NOK)	2021	2020	2019	2018
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	11 000	11 000	11 000	11 000
Total Tangible Assets	11 000	11 000	11 000	11 000
Total Fiancial Fixed Assets	3 233 000	2 073 000	1 753 000	3 054 000
Total Fixed Assets	3 244 000	2 084 000	1 764 000	3 065 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	406 000	22 000	39 000	1 000
Total Current Assets	3 353 000	3 017 000	2 916 000	2 317 000
Total Assets	6 597 000	5 101 000	4 680 000	5 382 000
Total Equity	3 401 000	3 010 000	1 853 000	3 736 000
Short-Term Group Debt	110 000	0	0	0
Total Long-Term Debt	1 343 000	1 415 000	0	0
Creditors	1 000	49 000	39 000	94 000
Unpaid Taxes	230 000	19 000	61 000	275 000
Dividends	219 000	300 000	1 120 000	1 000 000
Other Current Debt	753 000	282 000	1 607 000	1 159 000
Total Current Debt	1 853 000	675 000	2 827 000	1 646 000
Total Equity and Debt	6 597 000	5 101 000	4 680 000	5 382 000

Financial indicators	2021	2020	2019	2018
Return on Equity	17,94 %	48,41 %	29,03 %	121,6 %
Debt-to-Equity Ratio	0,39	0,47	0	0
Operating Profit Margin	−28,95 %	40,47 %	18,16 %	50,25 %
Current Ratio	1,81	4,47	1,03	1,41
Quick Ratio	1,81	4,47	1,03	1,41
Equity Ratio	0,52	0,59	0,4	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %