POWERTAN NORWAY AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

−251,02 %

Current Ratio

0,97

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	814 000	914 000	1 566 000	5 370 000
Net Income	123 000	−2 421 000	−1 402 000	1 793 000
Total Assets	1 700 000	1 447 000	3 996 000	5 518 000
Total Equity	−49 000	−172 000	2 249 000	3 651 000

Income (NOK)	2021	2020	2019	2018
Revenue	814 000	914 000	1 566 000	5 370 000
Expenditure	673 000	3 326 000	2 955 000	3 454 000
Operating Profit	141 000	−2 413 000	−1 389 000	1 916 000
Financial Income	4 000	0	1 000	8 000
Financial Costs	22 000	9 000	14 000	131 000
Financial Balance	−18 000	−9 000	−13 000	−123 000
Earnings Before Tax	123 000	−2 421 000	−1 402 000	1 793 000
Tax	0	0	0	0
Net Income	123 000	−2 421 000	−1 402 000	1 793 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	1 700 000	1 447 000	3 996 000	5 518 000
Total Assets	1 700 000	1 447 000	3 996 000	5 518 000
Total Retained Equity	−149 000	−272 000	2 149 000	3 551 000
Total Equity	−49 000	−172 000	2 249 000	3 651 000
Total Long-Term Debt	0	0	30 000	30 000
Total Current Debt	1 749 000	1 619 000	1 717 000	1 836 000
Total Equity and Debt	1 700 000	1 447 000	3 996 000	5 518 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	814 000	914 000	1 566 000	2 040 000
Other Income	0	0	0	3 330 000
Revenue	814 000	914 000	1 566 000	5 370 000
Cost of Goods Sold	−52 000	1 666 000	1 145 000	1 351 000
Salary Costs	40 000	240 000	1 096 000	1 336 000
Depreciation	0	0	0	18 000
Impairment	0	0	0	0
Expenditure	673 000	3 326 000	2 955 000	3 454 000
Operating Profit	141 000	−2 413 000	−1 389 000	1 916 000
Financial Income	4 000	0	1 000	8 000
Financial Costs	22 000	9 000	14 000	131 000
Financial Balance	−18 000	−9 000	−13 000	−123 000
Dividends	0	0	0	0
Net Income	123 000	−2 421 000	−1 402 000	1 793 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	464 000	410 000	962 000	1 110 000
Total Investments	0	0	0	0
Cash, Bank	559 000	577 000	2 122 000	3 693 000
Total Current Assets	1 700 000	1 447 000	3 996 000	5 518 000
Total Assets	1 700 000	1 447 000	3 996 000	5 518 000
Total Equity	−49 000	−172 000	2 249 000	3 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	30 000	30 000
Creditors	1 624 000	1 338 000	1 302 000	1 102 000
Unpaid Taxes	18 000	3 000	234 000	632 000
Dividends	0	0	0	0
Other Current Debt	107 000	279 000	181 000	102 000
Total Current Debt	1 749 000	1 619 000	1 717 000	1 836 000
Total Equity and Debt	1 700 000	1 447 000	3 996 000	5 518 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−251,02 %	1 407,56 %	−62,34 %	49,11 %
Debt-to-Equity Ratio	−0	−0	0,01	0,01
Operating Profit Margin	17,32 %	−264 %	−88,7 %	35,68 %
Current Ratio	0,97	0,89	2,33	3,01
Quick Ratio	1,32	1,2	5,29	7,6
Equity Ratio	−0,03	−0,12	0,56	0,66
Gross Profit Margin	106,39 %	−82,28 %	26,88 %	74,84 %