PETEX AS

3126 TØNSBERG

Finances

Return on Equity

26,33 %

Current Ratio

44,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	395 000	34 000	847 000	155 000
Net Income	5 960 000	83 000	180 000	−211 000
Total Assets	22 978 000	17 715 000	17 502 000	21 387 000
Total Equity	22 639 000	16 680 000	16 597 000	21 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	395 000	34 000	847 000	155 000
Expenditure	2 176 000	1 498 000	1 451 000	1 614 000
Operating Profit	−1 781 000	−1 464 000	−604 000	−1 458 000
Financial Income	15 541 000	1 567 000	841 000	1 194 000
Financial Costs	7 801 000	0	5 000	6 000
Financial Balance	7 740 000	1 567 000	836 000	1 188 000
Earnings Before Tax	5 960 000	102 000	231 000	−271 000
Tax	0	19 000	51 000	−60 000
Net Income	5 960 000	83 000	180 000	−211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 098 000	16 512 000	15 291 000	16 966 000
Total Current Assets	14 880 000	1 203 000	2 211 000	4 420 000
Total Assets	22 978 000	17 715 000	17 502 000	21 387 000
Total Retained Equity	20 985 000	15 026 000	14 943 000	19 463 000
Total Equity	22 639 000	16 680 000	16 597 000	21 117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	338 000	1 035 000	905 000	270 000
Total Equity and Debt	22 978 000	17 715 000	17 502 000	21 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	395 000	34 000	847 000	155 000
Revenue	395 000	34 000	847 000	155 000
Cost of Goods Sold	368 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	340 000	395 000	452 000
Impairment	0	0	0	0
Expenditure	2 176 000	1 498 000	1 451 000	1 614 000
Operating Profit	−1 781 000	−1 464 000	−604 000	−1 458 000
Financial Income	15 541 000	1 567 000	841 000	1 194 000
Financial Costs	7 801 000	0	5 000	6 000
Financial Balance	7 740 000	1 567 000	836 000	1 188 000
Dividends	0	0	0	0
Net Income	5 960 000	83 000	180 000	−211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	70 000
Real Eastate	0	0	0	2 120 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 089 000	2 429 000	2 774 000
Total Tangible Assets	0	2 089 000	2 429 000	4 894 000
Total Fiancial Fixed Assets	8 098 000	14 423 000	12 843 000	12 002 000
Total Fixed Assets	8 098 000	16 512 000	15 291 000	16 966 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 022 000	265 000	612 000	3 182 000
Total Current Assets	14 880 000	1 203 000	2 211 000	4 420 000
Total Assets	22 978 000	17 715 000	17 502 000	21 387 000
Total Equity	22 639 000	16 680 000	16 597 000	21 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	338 000	1 035 000	905 000	270 000
Total Current Debt	338 000	1 035 000	905 000	270 000
Total Equity and Debt	22 978 000	17 715 000	17 502 000	21 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,33 %	0,5 %	1,08 %	−1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−450,89 %	−4 305,88 %	−71,31 %	−940,65 %
Current Ratio	44,02	1,16	2,44	16,37
Quick Ratio	44,02	1,16	2,44	16,37
Equity Ratio	0,99	0,94	0,95	0,99
Gross Profit Margin	6,84 %	100 %	100 %	100 %