PORTALEN ARENDAL AS

4836 ARENDAL

Finances

Return on Equity

−8,44 %

Current Ratio

0,78

Debt-to-Equity Ratio

−1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 642 000	11 972 000	9 792 000	10 287 000
Net Income	201 000	1 701 000	1 340 000	642 000
Total Assets	1 656 000	1 808 000	1 216 000	722 000
Total Equity	−2 382 000	−2 583 000	−4 284 000	−5 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 642 000	11 972 000	9 792 000	10 287 000
Expenditure	11 296 000	10 189 000	8 286 000	9 446 000
Operating Profit	346 000	1 783 000	1 506 000	840 000
Financial Income	0	0	0	0
Financial Costs	145 000	81 000	166 000	199 000
Financial Balance	−145 000	−81 000	−166 000	−199 000
Earnings Before Tax	201 000	1 701 000	1 340 000	642 000
Tax	0	0	0	0
Net Income	201 000	1 701 000	1 340 000	642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	399 000	67 000	51 000	33 000
Total Current Assets	1 257 000	1 741 000	1 165 000	689 000
Total Assets	1 656 000	1 808 000	1 216 000	722 000
Total Retained Equity	−3 982 000	−4 183 000	−5 884 000	−7 224 000
Total Equity	−2 382 000	−2 583 000	−4 284 000	−5 624 000
Total Long-Term Debt	2 433 000	2 268 000	3 801 000	4 628 000
Total Current Debt	1 604 000	2 123 000	1 699 000	1 718 000
Total Equity and Debt	1 656 000	1 808 000	1 216 000	722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 582 000	10 343 000	8 721 000	9 983 000
Other Income	1 060 000	1 629 000	1 071 000	304 000
Revenue	11 642 000	11 972 000	9 792 000	10 287 000
Cost of Goods Sold	3 944 000	3 507 000	2 743 000	2 919 000
Salary Costs	4 219 000	4 122 000	2 989 000	3 536 000
Depreciation	49 000	29 000	28 000	20 000
Impairment	0	0	0	0
Expenditure	11 296 000	10 189 000	8 286 000	9 446 000
Operating Profit	346 000	1 783 000	1 506 000	840 000
Financial Income	0	0	0	0
Financial Costs	145 000	81 000	166 000	199 000
Financial Balance	−145 000	−81 000	−166 000	−199 000
Dividends	0	0	0	0
Net Income	201 000	1 701 000	1 340 000	642 000

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	399 000	67 000	51 000	33 000
Total Tangible Assets	399 000	67 000	51 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	399 000	67 000	51 000	33 000
Stock	578 000	955 000	458 000	317 000
Total Investments	0	0	0	0
Cash, Bank	421 000	371 000	535 000	222 000
Total Current Assets	1 257 000	1 741 000	1 165 000	689 000
Total Assets	1 656 000	1 808 000	1 216 000	722 000
Total Equity	−2 382 000	−2 583 000	−4 284 000	−5 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 433 000	2 268 000	3 801 000	4 628 000
Creditors	400 000	494 000	280 000	738 000
Unpaid Taxes	407 000	770 000	668 000	403 000
Dividends	0	0	0	0
Other Current Debt	797 000	859 000	750 000	578 000
Total Current Debt	1 604 000	2 123 000	1 699 000	1 718 000
Total Equity and Debt	1 656 000	1 808 000	1 216 000	722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,44 %	−65,85 %	−31,28 %	−11,42 %
Debt-to-Equity Ratio	−1,02	−0,88	−0,89	−0,82
Operating Profit Margin	2,97 %	14,89 %	15,38 %	8,17 %
Current Ratio	0,78	0,82	0,69	0,4
Quick Ratio	1,23	1,49	0,94	0,49
Equity Ratio	−1,44	−1,43	−3,52	−7,79
Gross Profit Margin	66,12 %	70,71 %	71,99 %	71,62 %