PORSGRUNN UTVIKLING AS

3916 PORSGRUNN

Finances

Return on Equity

24,19 %

Current Ratio

12,37

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 958 000	48 419 000	63 040 000	30 572 000
Net Income	49 629 000	17 528 000	2 098 000	5 665 000
Total Assets	241 092 000	293 719 000	307 826 000	156 754 000
Total Equity	205 157 000	147 088 000	133 485 000	132 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 958 000	48 419 000	63 040 000	30 572 000
Expenditure	18 151 000	27 022 000	56 852 000	24 183 000
Operating Profit	63 807 000	21 396 000	6 187 000	6 388 000
Financial Income	863 000	128 000	425 000	1 423 000
Financial Costs	15 780 000	4 017 000	3 883 000	800 000
Financial Balance	−14 917 000	−3 889 000	−3 458 000	623 000
Earnings Before Tax	48 891 000	17 508 000	2 729 000	7 011 000
Tax	−738 000	−19 000	631 000	1 346 000
Net Income	49 629 000	17 528 000	2 098 000	5 665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 350 000	179 904 000	185 607 000	65 622 000
Total Current Assets	167 742 000	113 814 000	122 219 000	91 132 000
Total Assets	241 092 000	293 719 000	307 826 000	156 754 000
Total Retained Equity	74 182 000	29 550 000	15 946 000	14 706 000
Total Equity	205 157 000	147 088 000	133 485 000	132 236 000
Total Long-Term Debt	22 372 000	131 179 000	157 545 000	13 328 000
Total Current Debt	13 563 000	15 452 000	16 796 000	11 190 000
Total Equity and Debt	241 092 000	293 719 000	307 826 000	156 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 397 000	29 820 000	62 653 000	26 857 000
Other Income	68 561 000	18 599 000	387 000	3 715 000
Revenue	81 958 000	48 419 000	63 040 000	30 572 000
Cost of Goods Sold	4 224 000	14 349 000	45 655 000	13 347 000
Salary Costs	5 183 000	4 399 000	3 613 000	3 481 000
Depreciation	3 248 000	4 259 000	4 575 000	472 000
Impairment	0	0	0	0
Expenditure	18 151 000	27 022 000	56 852 000	24 183 000
Operating Profit	63 807 000	21 396 000	6 187 000	6 388 000
Financial Income	863 000	128 000	425 000	1 423 000
Financial Costs	15 780 000	4 017 000	3 883 000	800 000
Financial Balance	−14 917 000	−3 889 000	−3 458 000	623 000
Dividends	5 000 000	5 000 000	3 000 000	2 000 000
Net Income	49 629 000	17 528 000	2 098 000	5 665 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 523 000	139 247 000	146 767 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 105 000	1 072 000	1 097 000	420 000
Total Tangible Assets	44 629 000	140 319 000	147 864 000	420 000
Total Fiancial Fixed Assets	28 721 000	39 586 000	37 742 000	65 203 000
Total Fixed Assets	73 350 000	179 904 000	185 607 000	65 622 000
Stock	84 972 000	57 445 000	75 233 000	56 845 000
Total Investments	0	0	0	0
Cash, Bank	76 402 000	44 549 000	31 249 000	13 612 000
Total Current Assets	167 742 000	113 814 000	122 219 000	91 132 000
Total Assets	241 092 000	293 719 000	307 826 000	156 754 000
Total Equity	205 157 000	147 088 000	133 485 000	132 236 000
Short-Term Group Debt	0	0	0	1 124 000
Total Long-Term Debt	22 372 000	131 179 000	157 545 000	13 328 000
Creditors	3 656 000	1 386 000	1 016 000	824 000
Unpaid Taxes	463 000	689 000	441 000	205 000
Dividends	5 000 000	5 000 000	3 000 000	2 000 000
Other Current Debt	4 445 000	8 182 000	11 962 000	5 450 000
Total Current Debt	13 563 000	15 452 000	16 796 000	11 190 000
Total Equity and Debt	241 092 000	293 719 000	307 826 000	156 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,19 %	11,92 %	1,57 %	4,28 %
Debt-to-Equity Ratio	0,11	0,89	1,18	0,1
Operating Profit Margin	77,85 %	44,19 %	9,81 %	20,89 %
Current Ratio	12,37	7,37	7,28	8,14
Quick Ratio	−2,35	−2,71	−2,09	−2
Equity Ratio	0,85	0,5	0,43	0,84
Gross Profit Margin	94,85 %	70,36 %	27,58 %	56,34 %