PETROWELL AS

5231 PARADIS

Finances

Return on Equity

17,73 %

Current Ratio

4,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 871 000	0	2 367 000	2 460 000
Net Income	1 408 000	−2 332 000	6 196 000	1 283 000
Total Assets	9 846 000	9 157 000	13 788 000	8 360 000
Total Equity	7 942 000	8 035 000	12 066 000	7 871 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 871 000	0	2 367 000	2 460 000
Expenditure	1 262 000	740 000	1 600 000	2 205 000
Operating Profit	1 609 000	−740 000	766 000	256 000
Financial Income	926 000	0	5 640 000	1 092 000
Financial Costs	929 000	1 591 000	5 000	1 000
Financial Balance	−3 000	−1 591 000	5 635 000	1 091 000
Earnings Before Tax	1 605 000	−2 332 000	6 401 000	1 347 000
Tax	198 000	0	206 000	64 000
Net Income	1 408 000	−2 332 000	6 196 000	1 283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	608 000	404 000	1 995 000	1 895 000
Total Current Assets	9 238 000	8 753 000	11 793 000	6 465 000
Total Assets	9 846 000	9 157 000	13 788 000	8 360 000
Total Retained Equity	6 056 000	6 149 000	10 180 000	5 985 000
Total Equity	7 942 000	8 035 000	12 066 000	7 871 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 904 000	1 122 000	1 721 000	489 000
Total Equity and Debt	9 846 000	9 157 000	13 788 000	8 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 871 000	0	2 367 000	2 460 000
Other Income	0	0	0	0
Revenue	2 871 000	0	2 367 000	2 460 000
Cost of Goods Sold	0	0	0	0
Salary Costs	828 000	599 000	1 269 000	1 655 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 262 000	740 000	1 600 000	2 205 000
Operating Profit	1 609 000	−740 000	766 000	256 000
Financial Income	926 000	0	5 640 000	1 092 000
Financial Costs	929 000	1 591 000	5 000	1 000
Financial Balance	−3 000	−1 591 000	5 635 000	1 091 000
Dividends	1 500 000	1 700 000	2 000 000	700 000
Net Income	1 408 000	−2 332 000	6 196 000	1 283 000

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	608 000	404 000	1 995 000	1 895 000
Total Fixed Assets	608 000	404 000	1 995 000	1 895 000
Stock	0	0	0	0
Total Investments	−1 067 000	537 000	−1 369 000	2 167 000
Cash, Bank	9 622 000	7 927 000	12 940 000	3 787 000
Total Current Assets	9 238 000	8 753 000	11 793 000	6 465 000
Total Assets	9 846 000	9 157 000	13 788 000	8 360 000
Total Equity	7 942 000	8 035 000	12 066 000	7 871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	7 000	3 000
Unpaid Taxes	180 000	57 000	68 000	253 000
Dividends	1 500 000	1 700 000	2 000 000	700 000
Other Current Debt	24 000	66 000	140 000	168 000
Total Current Debt	1 904 000	1 122 000	1 721 000	489 000
Total Equity and Debt	9 846 000	9 157 000	13 788 000	8 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,73 %	−29,02 %	51,35 %	16,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,04 %	-	32,36 %	10,41 %
Current Ratio	4,85	7,8	6,85	13,22
Quick Ratio	4,85	7,8	6,85	13,22
Equity Ratio	0,81	0,88	0,88	0,94
Gross Profit Margin	100 %	-	100 %	100 %