PRIMHOVDA SØR AS

3570 ÅL

Finances

Return on Equity

−6,75 %

Current Ratio

21,45

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 112 000	9 088 000	1 077 000	11 245 000
Net Income	−284 000	2 322 000	−518 000	1 525 000
Total Assets	8 488 000	9 582 000	9 232 000	10 387 000
Total Equity	4 206 000	4 491 000	2 320 000	2 838 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 112 000	9 088 000	1 077 000	11 245 000
Expenditure	1 491 000	6 058 000	1 676 000	9 136 000
Operating Profit	−379 000	3 030 000	−599 000	2 108 000
Financial Income	37 000	16 000	41 000	6 000
Financial Costs	21 000	70 000	106 000	159 000
Financial Balance	16 000	−54 000	−65 000	−153 000
Earnings Before Tax	−364 000	2 976 000	−663 000	1 955 000
Tax	−80 000	655 000	−145 000	430 000
Net Income	−284 000	2 322 000	−518 000	1 525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	636 000	557 000	557 000	557 000
Total Current Assets	7 852 000	9 025 000	8 675 000	9 831 000
Total Assets	8 488 000	9 582 000	9 232 000	10 387 000
Total Retained Equity	2 720 000	3 005 000	834 000	1 352 000
Total Equity	4 206 000	4 491 000	2 320 000	2 838 000
Total Long-Term Debt	3 915 000	3 996 000	5 892 000	6 414 000
Total Current Debt	366 000	1 095 000	1 020 000	1 135 000
Total Equity and Debt	8 488 000	9 582 000	9 232 000	10 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 112 000	9 088 000	1 077 000	11 245 000
Other Income	0	0	0	0
Revenue	1 112 000	9 088 000	1 077 000	11 245 000
Cost of Goods Sold	391 000	5 003 000	702 000	8 178 000
Salary Costs	95 000	111 000	101 000	85 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 491 000	6 058 000	1 676 000	9 136 000
Operating Profit	−379 000	3 030 000	−599 000	2 108 000
Financial Income	37 000	16 000	41 000	6 000
Financial Costs	21 000	70 000	106 000	159 000
Financial Balance	16 000	−54 000	−65 000	−153 000
Dividends	0	0	0	0
Net Income	−284 000	2 322 000	−518 000	1 525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	635 000	556 000	556 000	556 000
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	1 000	1 000	1 000	1 000
Total Fixed Assets	636 000	557 000	557 000	557 000
Stock	6 122 000	2 407 000	4 239 000	2 605 000
Total Investments	0	0	0	0
Cash, Bank	1 215 000	4 332 000	3 756 000	6 532 000
Total Current Assets	7 852 000	9 025 000	8 675 000	9 831 000
Total Assets	8 488 000	9 582 000	9 232 000	10 387 000
Total Equity	4 206 000	4 491 000	2 320 000	2 838 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 915 000	3 996 000	5 892 000	6 414 000
Creditors	43 000	191 000	914 000	190 000
Unpaid Taxes	48 000	87 000	49 000	480 000
Dividends	0	0	0	0
Other Current Debt	275 000	163 000	57 000	68 000
Total Current Debt	366 000	1 095 000	1 020 000	1 135 000
Total Equity and Debt	8 488 000	9 582 000	9 232 000	10 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,75 %	51,7 %	−22,33 %	53,74 %
Debt-to-Equity Ratio	0,93	0,89	2,54	2,26
Operating Profit Margin	−34,08 %	33,34 %	−55,62 %	18,75 %
Current Ratio	21,45	8,24	8,5	8,66
Quick Ratio	−1,36	−6,88	−2,69	−6,69
Equity Ratio	0,5	0,47	0,25	0,27
Gross Profit Margin	64,84 %	44,95 %	34,82 %	27,27 %