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3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

26,81 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 126 000	28 232 000	28 759 000	20 370 000
Net Income	1 869 000	4 435 000	4 606 000	1 226 000
Total Assets	13 724 000	18 573 000	15 060 000	9 956 000
Total Equity	6 972 000	5 103 000	3 668 000	5 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 126 000	28 232 000	28 759 000	20 370 000
Expenditure	24 523 000	22 686 000	22 553 000	18 723 000
Operating Profit	2 602 000	5 547 000	6 206 000	1 647 000
Financial Income	14 000	218 000	6 000	163 000
Financial Costs	212 000	73 000	284 000	216 000
Financial Balance	−198 000	145 000	−278 000	−53 000
Earnings Before Tax	2 404 000	5 692 000	5 929 000	1 595 000
Tax	535 000	1 257 000	1 323 000	369 000
Net Income	1 869 000	4 435 000	4 606 000	1 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	775 000	952 000	1 155 000	1 422 000
Total Current Assets	12 949 000	17 620 000	13 904 000	8 534 000
Total Assets	13 724 000	18 573 000	15 060 000	9 956 000
Total Retained Equity	5 572 000	3 703 000	2 268 000	3 662 000
Total Equity	6 972 000	5 103 000	3 668 000	5 062 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 752 000	13 470 000	11 392 000	4 893 000
Total Equity and Debt	13 724 000	18 573 000	15 060 000	9 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 126 000	28 232 000	28 759 000	20 370 000
Other Income	0	0	0	0
Revenue	27 126 000	28 232 000	28 759 000	20 370 000
Cost of Goods Sold	15 610 000	14 865 000	15 248 000	11 413 000
Salary Costs	5 408 000	4 351 000	4 029 000	3 840 000
Depreciation	209 000	224 000	285 000	320 000
Impairment	0	0	0	0
Expenditure	24 523 000	22 686 000	22 553 000	18 723 000
Operating Profit	2 602 000	5 547 000	6 206 000	1 647 000
Financial Income	14 000	218 000	6 000	163 000
Financial Costs	212 000	73 000	284 000	216 000
Financial Balance	−198 000	145 000	−278 000	−53 000
Dividends	0	3 000 000	6 000 000	1 000 000
Net Income	1 869 000	4 435 000	4 606 000	1 226 000

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	99 000	198 000	297 000	0
Fixtures	676 000	754 000	858 000	1 404 000
Total Tangible Assets	775 000	952 000	1 155 000	1 404 000
Total Fiancial Fixed Assets	0	0	0	18 000
Total Fixed Assets	775 000	952 000	1 155 000	1 422 000
Stock	9 283 000	4 750 000	2 949 000	4 748 000
Total Investments	0	0	0	0
Cash, Bank	3 514 000	12 755 000	10 796 000	3 728 000
Total Current Assets	12 949 000	17 620 000	13 904 000	8 534 000
Total Assets	13 724 000	18 573 000	15 060 000	9 956 000
Total Equity	6 972 000	5 103 000	3 668 000	5 062 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	611 000	1 294 000	2 207 000	1 117 000
Unpaid Taxes	959 000	959 000	1 076 000	715 000
Dividends	0	3 000 000	6 000 000	1 000 000
Other Current Debt	4 648 000	9 961 000	6 786 000	2 692 000
Total Current Debt	6 752 000	13 470 000	11 392 000	4 893 000
Total Equity and Debt	13 724 000	18 573 000	15 060 000	9 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,81 %	86,91 %	125,57 %	24,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,59 %	19,65 %	21,58 %	8,09 %
Current Ratio	1,92	1,31	1,22	1,74
Quick Ratio	−5,12	2,02	1,65	58,86
Equity Ratio	0,51	0,27	0,24	0,51
Gross Profit Margin	42,45 %	47,35 %	46,98 %	43,97 %