PROPERTY MANAGEMENT NORGE AS

3043 DRAMMEN

Finances

Share Ownership

Return on Equity

228,07 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 153 000	53 635 000	40 010 000	31 659 000
Net Income	1 950 000	1 950 000	1 438 000	1 209 000
Total Assets	31 218 000	26 937 000	22 193 000	15 307 000
Total Equity	855 000	754 000	705 000	1 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 153 000	53 635 000	40 010 000	31 659 000
Expenditure	68 660 000	51 134 000	38 165 000	30 108 000
Operating Profit	2 492 000	2 500 000	1 846 000	1 551 000
Financial Income	10 000	1 000	2 000	3 000
Financial Costs	0	−2 000	1 000	2 000
Financial Balance	10 000	3 000	1 000	1 000
Earnings Before Tax	2 502 000	2 503 000	1 847 000	1 552 000
Tax	552 000	553 000	409 000	344 000
Net Income	1 950 000	1 950 000	1 438 000	1 209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	134 000	5 000	24 000
Total Current Assets	31 134 000	26 803 000	22 188 000	15 284 000
Total Assets	31 218 000	26 937 000	22 193 000	15 307 000
Total Retained Equity	755 000	654 000	605 000	1 567 000
Total Equity	855 000	754 000	705 000	1 667 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 364 000	26 182 000	21 489 000	13 641 000
Total Equity and Debt	31 218 000	26 937 000	22 193 000	15 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 091 000	53 599 000	40 004 000	31 611 000
Other Income	63 000	36 000	6 000	48 000
Revenue	71 153 000	53 635 000	40 010 000	31 659 000
Cost of Goods Sold	55 132 000	39 293 000	29 231 000	22 909 000
Salary Costs	8 169 000	7 527 000	6 015 000	4 479 000
Depreciation	54 000	33 000	10 000	39 000
Impairment	0	0	0	0
Expenditure	68 660 000	51 134 000	38 165 000	30 108 000
Operating Profit	2 492 000	2 500 000	1 846 000	1 551 000
Financial Income	10 000	1 000	2 000	3 000
Financial Costs	0	−2 000	1 000	2 000
Financial Balance	10 000	3 000	1 000	1 000
Dividends	1 850 000	1 900 000	1 400 000	0
Net Income	1 950 000	1 950 000	1 438 000	1 209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	4 000	5 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	130 000	0	10 000
Total Tangible Assets	76 000	130 000	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 000	134 000	5 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 335 000	10 779 000	12 698 000	4 639 000
Total Current Assets	31 134 000	26 803 000	22 188 000	15 284 000
Total Assets	31 218 000	26 937 000	22 193 000	15 307 000
Total Equity	855 000	754 000	705 000	1 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 055 000	4 615 000	2 630 000	3 116 000
Unpaid Taxes	2 336 000	1 733 000	1 816 000	1 136 000
Dividends	1 850 000	1 900 000	1 400 000	0
Other Current Debt	20 565 000	17 382 000	15 242 000	9 031 000
Total Current Debt	30 364 000	26 182 000	21 489 000	13 641 000
Total Equity and Debt	31 218 000	26 937 000	22 193 000	15 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	228,07 %	258,62 %	203,97 %	72,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,5 %	4,66 %	4,61 %	4,9 %
Current Ratio	1,03	1,02	1,03	1,12
Quick Ratio	1,03	1,02	1,03	1,12
Equity Ratio	0,03	0,03	0,03	0,11
Gross Profit Margin	22,52 %	26,74 %	26,94 %	27,64 %