PETROCHEM NORGE AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

−102,17 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 144 000	6 129 000	4 464 000	4 049 000
Net Income	282 000	187 000	55 000	139 000
Total Assets	2 280 000	2 034 000	1 664 000	1 921 000
Total Equity	−276 000	−558 000	−745 000	−800 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 144 000	6 129 000	4 464 000	4 049 000
Expenditure	4 825 000	5 941 000	4 389 000	3 907 000
Operating Profit	319 000	188 000	75 000	141 000
Financial Income	2 000	1 000	28 000	0
Financial Costs	40 000	2 000	47 000	2 000
Financial Balance	−38 000	−1 000	−19 000	−2 000
Earnings Before Tax	282 000	187 000	55 000	139 000
Tax	0	0	0	0
Net Income	282 000	187 000	55 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	657 000	686 000	615 000	615 000
Total Current Assets	1 623 000	1 348 000	1 050 000	1 306 000
Total Assets	2 280 000	2 034 000	1 664 000	1 921 000
Total Retained Equity	−4 976 000	−5 258 000	−5 445 000	−5 500 000
Total Equity	−276 000	−558 000	−745 000	−800 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 556 000	2 592 000	2 410 000	2 721 000
Total Equity and Debt	2 280 000	2 034 000	1 664 000	1 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 144 000	6 099 000	4 464 000	4 049 000
Other Income	0	30 000	0	0
Revenue	5 144 000	6 129 000	4 464 000	4 049 000
Cost of Goods Sold	3 638 000	4 876 000	3 604 000	2 856 000
Salary Costs	879 000	823 000	515 000	602 000
Depreciation	7 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	4 825 000	5 941 000	4 389 000	3 907 000
Operating Profit	319 000	188 000	75 000	141 000
Financial Income	2 000	1 000	28 000	0
Financial Costs	40 000	2 000	47 000	2 000
Financial Balance	−38 000	−1 000	−19 000	−2 000
Dividends	0	0	0	0
Net Income	282 000	187 000	55 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	615 000	615 000	615 000	615 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	17 000	0	0
Total Tangible Assets	11 000	17 000	0	0
Total Fiancial Fixed Assets	31 000	53 000	0	0
Total Fixed Assets	657 000	686 000	615 000	615 000
Stock	36 000	60 000	22 000	0
Total Investments	0	0	0	0
Cash, Bank	1 133 000	629 000	668 000	671 000
Total Current Assets	1 623 000	1 348 000	1 050 000	1 306 000
Total Assets	2 280 000	2 034 000	1 664 000	1 921 000
Total Equity	−276 000	−558 000	−745 000	−800 000
Short-Term Group Debt	2 103 000	2 188 000	2 162 000	2 419 000
Total Long-Term Debt	0	0	0	0
Creditors	84 000	79 000	12 000	19 000
Unpaid Taxes	220 000	247 000	181 000	178 000
Dividends	0	0	0	0
Other Current Debt	149 000	78 000	55 000	105 000
Total Current Debt	2 556 000	2 592 000	2 410 000	2 721 000
Total Equity and Debt	2 280 000	2 034 000	1 664 000	1 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−102,17 %	−33,51 %	−7,38 %	−17,38 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	6,2 %	3,07 %	1,68 %	3,48 %
Current Ratio	0,63	0,52	0,44	0,48
Quick Ratio	0,64	0,53	0,44	0,48
Equity Ratio	−0,12	−0,27	−0,45	−0,42
Gross Profit Margin	29,28 %	20,44 %	19,27 %	29,46 %