PETROLEUM INVEST AS

5042 BERGEN

Finances

Return on Equity

12,56 %

Current Ratio

2 049,75

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2021	2020	2019	2018
Revenue	151 000	168 000	202 000	134 000
Net Income	1 436 000	−2 354 000	1 055 000	−428 000
Total Assets	14 303 000	12 979 000	18 065 000	14 482 000
Total Equity	11 431 000	9 995 000	12 349 000	11 295 000

Income (NOK)	2021	2020	2019	2018
Revenue	151 000	168 000	202 000	134 000
Expenditure	73 000	71 000	111 000	30 000
Operating Profit	78 000	97 000	91 000	104 000
Financial Income	1 212 000	−804 000	1 631 000	784 000
Financial Costs	169 000	1 657 000	676 000	1 243 000
Financial Balance	1 043 000	−2 461 000	955 000	−459 000
Earnings Before Tax	1 121 000	−2 363 000	1 046 000	−354 000
Tax	−315 000	−9 000	−9 000	74 000
Net Income	1 436 000	−2 354 000	1 055 000	−428 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 104 000	5 793 000	5 788 000	5 784 000
Total Current Assets	8 199 000	7 186 000	12 277 000	8 699 000
Total Assets	14 303 000	12 979 000	18 065 000	14 482 000
Total Retained Equity	11 371 000	9 935 000	12 289 000	11 234 000
Total Equity	11 431 000	9 995 000	12 349 000	11 295 000
Total Long-Term Debt	2 867 000	2 983 000	3 087 000	3 189 000
Total Current Debt	4 000	1 000	2 628 000	−1 000
Total Equity and Debt	14 303 000	12 979 000	18 065 000	14 482 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	151 000	168 000	202 000	134 000
Revenue	151 000	168 000	202 000	134 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	−45 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	73 000	71 000	111 000	30 000
Operating Profit	78 000	97 000	91 000	104 000
Financial Income	1 212 000	−804 000	1 631 000	784 000
Financial Costs	169 000	1 657 000	676 000	1 243 000
Financial Balance	1 043 000	−2 461 000	955 000	−459 000
Dividends	0	0	0	0
Net Income	1 436 000	−2 354 000	1 055 000	−428 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 839 000	1 524 000	1 515 000	1 506 000
Real Eastate	4 261 000	4 261 000	4 261 000	4 261 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	8 000	13 000	17 000
Total Tangible Assets	4 265 000	4 269 000	4 273 000	4 278 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 104 000	5 793 000	5 788 000	5 784 000
Stock	0	0	0	0
Total Investments	6 150 000	5 449 000	6 777 000	5 162 000
Cash, Bank	1 942 000	1 628 000	5 407 000	3 430 000
Total Current Assets	8 199 000	7 186 000	12 277 000	8 699 000
Total Assets	14 303 000	12 979 000	18 065 000	14 482 000
Total Equity	11 431 000	9 995 000	12 349 000	11 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 867 000	2 983 000	3 087 000	3 189 000
Creditors	0	0	0	−5 000
Unpaid Taxes	4 000	1 000	7 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 620 000	0
Total Current Debt	4 000	1 000	2 628 000	−1 000
Total Equity and Debt	14 303 000	12 979 000	18 065 000	14 482 000

Financial indicators	2021	2020	2019	2018
Return on Equity	12,56 %	−23,55 %	8,54 %	−3,79 %
Debt-to-Equity Ratio	0,25	0,3	0,25	0,28
Operating Profit Margin	51,66 %	57,74 %	45,05 %	77,61 %
Current Ratio	2 049,75	7 186	4,67	−8 699
Quick Ratio	2 049,75	7 186	4,67	−8 699
Equity Ratio	0,8	0,77	0,68	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %