PETORO AS

4005 STAVANGER

Finances

Return on Equity

2,9 %

Current Ratio

2,47

Debt-to-Equity Ratio

6,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 023 000	288 467 000	291 113 000	292 485 000
Net Income	825 000	−358 000	3 976 000	975 000
Total Assets	360 192 000	276 255 000	270 793 000	250 575 000
Total Equity	28 416 000	27 591 000	27 949 000	23 973 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 023 000	288 467 000	291 113 000	292 485 000
Expenditure	296 277 000	290 584 000	288 316 000	295 728 000
Operating Profit	−5 254 000	−2 117 000	2 797 000	−3 243 000
Financial Income	6 356 000	2 034 000	2 540 000	4 542 000
Financial Costs	277 000	275 000	1 361 000	324 000
Financial Balance	6 079 000	1 759 000	1 179 000	4 218 000
Earnings Before Tax	825 000	−358 000	3 976 000	975 000
Tax	0	0	0	0
Net Income	825 000	−358 000	3 976 000	975 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 360 000	1 305 000	2 757 000	3 683 000
Total Current Assets	357 832 000	274 950 000	268 036 000	246 892 000
Total Assets	360 192 000	276 255 000	270 793 000	250 575 000
Total Retained Equity	18 416 000	17 591 000	17 949 000	13 973 000
Total Equity	28 416 000	27 591 000	27 949 000	23 973 000
Total Long-Term Debt	186 987 000	188 317 000	188 143 000	179 336 000
Total Current Debt	144 789 000	60 347 000	54 701 000	47 266 000
Total Equity and Debt	360 192 000	276 255 000	270 793 000	250 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 600 000	285 312 000	288 000 000	286 960 000
Other Income	1 423 000	3 155 000	3 113 000	5 525 000
Revenue	291 023 000	288 467 000	291 113 000	292 485 000
Cost of Goods Sold	0	0	0	0
Salary Costs	172 539 000	171 630 000	165 467 000	162 275 000
Depreciation	720 000	1 542 000	2 295 000	3 397 000
Impairment	0	0	0	0
Expenditure	296 277 000	290 584 000	288 316 000	295 728 000
Operating Profit	−5 254 000	−2 117 000	2 797 000	−3 243 000
Financial Income	6 356 000	2 034 000	2 540 000	4 542 000
Financial Costs	277 000	275 000	1 361 000	324 000
Financial Balance	6 079 000	1 759 000	1 179 000	4 218 000
Dividends	0	0	0	0
Net Income	825 000	−358 000	3 976 000	975 000

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	2 360 000	1 305 000	2 757 000	3 683 000
Total Tangible Assets	2 360 000	1 305 000	2 757 000	3 683 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 360 000	1 305 000	2 757 000	3 683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 557 000	252 841 000	248 023 000	231 639 000
Total Current Assets	357 832 000	274 950 000	268 036 000	246 892 000
Total Assets	360 192 000	276 255 000	270 793 000	250 575 000
Total Equity	28 416 000	27 591 000	27 949 000	23 973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	186 987 000	188 317 000	188 143 000	179 336 000
Creditors	20 242 000	20 784 000	18 312 000	15 930 000
Unpaid Taxes	25 422 000	11 644 000	11 157 000	10 452 000
Dividends	0	0	0	0
Other Current Debt	99 125 000	27 919 000	25 232 000	20 884 000
Total Current Debt	144 789 000	60 347 000	54 701 000	47 266 000
Total Equity and Debt	360 192 000	276 255 000	270 793 000	250 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,9 %	−1,3 %	14,23 %	4,07 %
Debt-to-Equity Ratio	6,58	6,83	6,73	7,48
Operating Profit Margin	−1,81 %	−0,73 %	0,96 %	−1,11 %
Current Ratio	2,47	4,56	4,9	5,22
Quick Ratio	2,47	4,56	4,9	5,22
Equity Ratio	0,08	0,1	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %