PASVIK BIOVARME AS

9925 SVANVIK

Finances

Share Ownership

Return on Equity

7,73 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 001 000	1 939 000	1 847 000	1 680 000
Net Income	−87 000	−130 000	−27 000	−257 000
Total Assets	351 000	362 000	798 000	1 009 000
Total Equity	−1 126 000	−1 039 000	−908 000	−881 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 001 000	1 939 000	1 847 000	1 680 000
Expenditure	2 045 000	2 015 000	1 809 000	1 846 000
Operating Profit	−44 000	−77 000	37 000	−166 000
Financial Income	0	0	0	0
Financial Costs	44 000	53 000	65 000	91 000
Financial Balance	−44 000	−53 000	−65 000	−91 000
Earnings Before Tax	−87 000	−130 000	−27 000	−257 000
Tax	0	0	0	0
Net Income	−87 000	−130 000	−27 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	504 000	809 000	1 053 000
Total Current Assets	115 000	−141 000	−11 000	−44 000
Total Assets	351 000	362 000	798 000	1 009 000
Total Retained Equity	−1 226 000	−1 139 000	−1 008 000	−981 000
Total Equity	−1 126 000	−1 039 000	−908 000	−881 000
Total Long-Term Debt	854 000	980 000	1 183 000	1 342 000
Total Current Debt	623 000	421 000	523 000	548 000
Total Equity and Debt	351 000	362 000	798 000	1 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 001 000	1 935 000	1 829 000	1 459 000
Other Income	0	4 000	18 000	221 000
Revenue	2 001 000	1 939 000	1 847 000	1 680 000
Cost of Goods Sold	4 000	3 000	16 000	0
Salary Costs	762 000	694 000	800 000	742 000
Depreciation	265 000	299 000	288 000	291 000
Impairment	0	0	0	0
Expenditure	2 045 000	2 015 000	1 809 000	1 846 000
Operating Profit	−44 000	−77 000	37 000	−166 000
Financial Income	0	0	0	0
Financial Costs	44 000	53 000	65 000	91 000
Financial Balance	−44 000	−53 000	−65 000	−91 000
Dividends	0	0	0	0
Net Income	−87 000	−130 000	−27 000	−257 000

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	236 000	501 000	798 000	1 034 000
Fixtures	0	0	8 000	14 000
Total Tangible Assets	236 000	501 000	806 000	1 048 000
Total Fiancial Fixed Assets	0	3 000	3 000	5 000
Total Fixed Assets	236 000	504 000	809 000	1 053 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	−141 000	−176 000	−134 000
Total Current Assets	115 000	−141 000	−11 000	−44 000
Total Assets	351 000	362 000	798 000	1 009 000
Total Equity	−1 126 000	−1 039 000	−908 000	−881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	854 000	980 000	1 183 000	1 342 000
Creditors	18 000	9 000	49 000	126 000
Unpaid Taxes	112 000	95 000	98 000	76 000
Dividends	0	0	0	0
Other Current Debt	309 000	318 000	376 000	346 000
Total Current Debt	623 000	421 000	523 000	548 000
Total Equity and Debt	351 000	362 000	798 000	1 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,73 %	12,51 %	2,97 %	29,17 %
Debt-to-Equity Ratio	−0,76	−0,94	−1,3	−1,52
Operating Profit Margin	−2,2 %	−3,97 %	2 %	−9,88 %
Current Ratio	0,18	−0,33	−0,02	−0,08
Quick Ratio	0,18	−0,33	−0,02	−0,08
Equity Ratio	−3,21	−2,87	−1,14	−0,87
Gross Profit Margin	99,8 %	99,85 %	99,13 %	100 %