PORTAAS & SØNN AS

3330 SKOTSELV

Finances

Share Ownership

Return on Equity

−12,63 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 888 000	1 937 000	2 064 000	1 662 000
Net Income	−85 000	90 000	303 000	141 000
Total Assets	1 163 000	1 311 000	1 292 000	790 000
Total Equity	673 000	758 000	668 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 888 000	1 937 000	2 064 000	1 662 000
Expenditure	1 991 000	1 819 000	1 674 000	1 482 000
Operating Profit	−103 000	118 000	390 000	180 000
Financial Income	9 000	0	1 000	3 000
Financial Costs	3 000	3 000	2 000	2 000
Financial Balance	6 000	−3 000	−1 000	1 000
Earnings Before Tax	−97 000	115 000	389 000	181 000
Tax	−12 000	25 000	86 000	40 000
Net Income	−85 000	90 000	303 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	106 000	51 000	16 000
Total Current Assets	1 093 000	1 205 000	1 240 000	775 000
Total Assets	1 163 000	1 311 000	1 292 000	790 000
Total Retained Equity	572 000	657 000	568 000	465 000
Total Equity	673 000	758 000	668 000	565 000
Total Long-Term Debt	0	12 000	12 000	18 000
Total Current Debt	490 000	541 000	612 000	207 000
Total Equity and Debt	1 163 000	1 311 000	1 292 000	790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 888 000	1 937 000	2 064 000	1 662 000
Other Income	0	0	0	0
Revenue	1 888 000	1 937 000	2 064 000	1 662 000
Cost of Goods Sold	702 000	106 000	48 000	93 000
Salary Costs	15 000	702 000	699 000	612 000
Depreciation	36 000	0	15 000	14 000
Impairment	0	0	0	0
Expenditure	1 991 000	1 819 000	1 674 000	1 482 000
Operating Profit	−103 000	118 000	390 000	180 000
Financial Income	9 000	0	1 000	3 000
Financial Costs	3 000	3 000	2 000	2 000
Financial Balance	6 000	−3 000	−1 000	1 000
Dividends	0	0	200 000	0
Net Income	−85 000	90 000	303 000	141 000

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	70 000	106 000	51 000	16 000
Total Tangible Assets	70 000	106 000	51 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	106 000	51 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	755 000	612 000	790 000	513 000
Total Current Assets	1 093 000	1 205 000	1 240 000	775 000
Total Assets	1 163 000	1 311 000	1 292 000	790 000
Total Equity	673 000	758 000	668 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 000	12 000	18 000
Creditors	255 000	161 000	67 000	22 000
Unpaid Taxes	35 000	92 000	110 000	49 000
Dividends	0	0	200 000	0
Other Current Debt	200 000	262 000	142 000	97 000
Total Current Debt	490 000	541 000	612 000	207 000
Total Equity and Debt	1 163 000	1 311 000	1 292 000	790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,63 %	11,87 %	45,36 %	24,96 %
Debt-to-Equity Ratio	0	0,02	0,02	0,03
Operating Profit Margin	−5,46 %	6,09 %	18,9 %	10,83 %
Current Ratio	2,23	2,23	2,03	3,74
Quick Ratio	2,23	2,23	2,03	3,74
Equity Ratio	0,58	0,58	0,52	0,72
Gross Profit Margin	62,82 %	94,53 %	97,67 %	94,4 %