PETROSERV AS

5354 STRAUME

Finances

Return on Equity

63,1 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 979 000	2 880 000	2 842 000	2 434 000
Net Income	1 464 000	812 000	884 000	441 000
Total Assets	3 304 000	2 713 000	1 885 000	1 258 000
Total Equity	2 320 000	2 106 000	1 294 000	844 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 979 000	2 880 000	2 842 000	2 434 000
Expenditure	1 840 000	2 014 000	1 776 000	1 960 000
Operating Profit	2 140 000	866 000	1 066 000	474 000
Financial Income	94 000	137 000	15 000	0
Financial Costs	294 000	0	0	33 000
Financial Balance	−200 000	137 000	15 000	−33 000
Earnings Before Tax	1 939 000	1 002 000	1 080 000	441 000
Tax	475 000	190 000	197 000	0
Net Income	1 464 000	812 000	884 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 390 000	1 623 000	740 000	75 000
Total Current Assets	1 914 000	1 090 000	1 145 000	1 183 000
Total Assets	3 304 000	2 713 000	1 885 000	1 258 000
Total Retained Equity	2 220 000	2 006 000	1 194 000	744 000
Total Equity	2 320 000	2 106 000	1 294 000	844 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	984 000	606 000	591 000	414 000
Total Equity and Debt	3 304 000	2 713 000	1 885 000	1 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 979 000	2 880 000	2 842 000	2 434 000
Other Income	0	0	0	0
Revenue	3 979 000	2 880 000	2 842 000	2 434 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 412 000	1 668 000	1 305 000	1 557 000
Depreciation	6 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	1 840 000	2 014 000	1 776 000	1 960 000
Operating Profit	2 140 000	866 000	1 066 000	474 000
Financial Income	94 000	137 000	15 000	0
Financial Costs	294 000	0	0	33 000
Financial Balance	−200 000	137 000	15 000	−33 000
Dividends	1 250 000	0	433 000	0
Net Income	1 464 000	812 000	884 000	441 000

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	0	0	0	0
Fixtures	20 000	26 000	0	0
Total Tangible Assets	20 000	26 000	0	0
Total Fiancial Fixed Assets	1 370 000	1 597 000	740 000	75 000
Total Fixed Assets	1 390 000	1 623 000	740 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	835 000	429 000	565 000	606 000
Total Current Assets	1 914 000	1 090 000	1 145 000	1 183 000
Total Assets	3 304 000	2 713 000	1 885 000	1 258 000
Total Equity	2 320 000	2 106 000	1 294 000	844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	5 000	4 000	12 000	5 000
Unpaid Taxes	378 000	236 000	214 000	264 000
Dividends	1 250 000	0	433 000	0
Other Current Debt	125 000	177 000	168 000	145 000
Total Current Debt	984 000	606 000	591 000	414 000
Total Equity and Debt	3 304 000	2 713 000	1 885 000	1 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,1 %	38,56 %	68,32 %	52,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,78 %	30,07 %	37,51 %	19,47 %
Current Ratio	1,95	1,8	1,94	2,86
Quick Ratio	1,95	1,8	1,94	2,86
Equity Ratio	0,7	0,78	0,69	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %