PHOENIX AS

2013 SKJETTEN

Finances

Return on Equity

38,94 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 164 000	2 393 000	862 000	2 990 000
Net Income	169 000	18 000	−93 000	201 000
Total Assets	6 219 000	7 375 000	274 000	1 592 000
Total Equity	434 000	228 000	260 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 164 000	2 393 000	862 000	2 990 000
Expenditure	7 964 000	2 370 000	982 000	2 732 000
Operating Profit	200 000	23 000	−120 000	258 000
Financial Income	10 000	8 000	1 000	2 000
Financial Costs	−6 000	8 000	0	2 000
Financial Balance	16 000	0	1 000	0
Earnings Before Tax	216 000	24 000	−119 000	257 000
Tax	48 000	5 000	−26 000	57 000
Net Income	169 000	18 000	−93 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	275 000	14 000	1 176 000
Total Current Assets	6 219 000	7 100 000	260 000	416 000
Total Assets	6 219 000	7 375 000	274 000	1 592 000
Total Retained Equity	344 000	178 000	160 000	252 000
Total Equity	434 000	228 000	260 000	352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 785 000	7 147 000	14 000	1 240 000
Total Equity and Debt	6 219 000	7 375 000	274 000	1 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 164 000	2 393 000	862 000	2 990 000
Other Income	0	0	0	0
Revenue	8 164 000	2 393 000	862 000	2 990 000
Cost of Goods Sold	6 712 000	2 323 000	936 000	2 468 000
Salary Costs	1 180 000	0	0	130 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 964 000	2 370 000	982 000	2 732 000
Operating Profit	200 000	23 000	−120 000	258 000
Financial Income	10 000	8 000	1 000	2 000
Financial Costs	−6 000	8 000	0	2 000
Financial Balance	16 000	0	1 000	0
Dividends	0	0	0	0
Net Income	169 000	18 000	−93 000	201 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	275 000	14 000	1 176 000
Total Fixed Assets	0	275 000	14 000	1 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 234 000	2 614 000	210 000	238 000
Total Current Assets	6 219 000	7 100 000	260 000	416 000
Total Assets	6 219 000	7 375 000	274 000	1 592 000
Total Equity	434 000	228 000	260 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	864 000	0	0	350 000
Unpaid Taxes	216 000	2 000	2 000	52 000
Dividends	0	0	0	0
Other Current Debt	4 657 000	7 140 000	13 000	781 000
Total Current Debt	5 785 000	7 147 000	14 000	1 240 000
Total Equity and Debt	6 219 000	7 375 000	274 000	1 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,94 %	7,89 %	−35,77 %	57,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,45 %	0,96 %	−13,92 %	8,63 %
Current Ratio	1,08	0,99	18,57	0,34
Quick Ratio	1,08	0,99	18,57	0,34
Equity Ratio	0,07	0,03	0,95	0,22
Gross Profit Margin	17,79 %	2,93 %	−8,58 %	17,46 %