PETTCON AS

8802 SANDNESSJØEN

Finances

Return on Equity

10,2 %

Current Ratio

−333,5

Debt-to-Equity Ratio

−10,88

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	−44 000	0
Net Income	−10 000	−26 000	−62 000	−19 000
Total Assets	966 000	783 000	637 000	495 000
Total Equity	−98 000	−88 000	−62 000	0

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	−44 000	0
Expenditure	10 000	26 000	19 000	15 000
Operating Profit	−10 000	−26 000	−63 000	−15 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	1 000	−4 000
Earnings Before Tax	−10 000	−26 000	−62 000	−19 000
Tax	0	0	0	0
Net Income	−10 000	−26 000	−62 000	−19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	299 000	299 000	617 000	299 000
Total Current Assets	667 000	484 000	20 000	196 000
Total Assets	966 000	783 000	637 000	495 000
Total Retained Equity	−270 000	−260 000	−235 000	−173 000
Total Equity	−98 000	−88 000	−62 000	0
Total Long-Term Debt	1 066 000	872 000	699 000	0
Total Current Debt	−2 000	−2 000	0	495 000
Total Equity and Debt	966 000	783 000	637 000	495 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	−44 000	0
Other Income	0	0	0	0
Revenue	0	0	−44 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	26 000	19 000	15 000
Operating Profit	−10 000	−26 000	−63 000	−15 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	1 000	−4 000
Dividends	0	0	0	0
Net Income	−10 000	−26 000	−62 000	−19 000

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	299 000	299 000	617 000	299 000
Total Fixed Assets	299 000	299 000	617 000	299 000
Stock	0	0	0	0
Total Investments	4 000	4 000	4 000	5 000
Cash, Bank	1 000	0	1 000	1 000
Total Current Assets	667 000	484 000	20 000	196 000
Total Assets	966 000	783 000	637 000	495 000
Total Equity	−98 000	−88 000	−62 000	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 066 000	872 000	699 000	0
Creditors	−2 000	−2 000	0	41 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	454 000
Total Current Debt	−2 000	−2 000	0	495 000
Total Equity and Debt	966 000	783 000	637 000	495 000

Financial indicators	2021	2020	2019	2018
Return on Equity	10,2 %	29,55 %	100 %	-
Debt-to-Equity Ratio	−10,88	−9,91	−11,27	-
Operating Profit Margin	-	-	143,18 %	-
Current Ratio	−333,5	−242	-	0,4
Quick Ratio	−333,5	−242	-	0,4
Equity Ratio	−0,1	−0,11	−0,1	0
Gross Profit Margin	-	-	100 %	-