PEARLCONVERT AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

22,53 %

Current Ratio

2,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 211 000	53 648 000	42 775 000	39 451 000
Net Income	4 140 000	9 303 000	4 779 000	3 201 000
Total Assets	29 661 000	22 552 000	17 611 000	14 339 000
Total Equity	18 379 000	14 239 000	4 936 000	6 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 211 000	53 648 000	42 775 000	39 451 000
Expenditure	74 601 000	42 321 000	36 581 000	35 234 000
Operating Profit	5 610 000	11 327 000	6 194 000	4 217 000
Financial Income	220 000	541 000	50 000	5 000
Financial Costs	295 000	181 000	178 000	106 000
Financial Balance	−75 000	360 000	−128 000	−101 000
Earnings Before Tax	5 535 000	11 687 000	6 067 000	4 116 000
Tax	1 395 000	2 384 000	1 287 000	915 000
Net Income	4 140 000	9 303 000	4 779 000	3 201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 847 000	2 706 000	2 466 000	2 486 000
Total Current Assets	26 814 000	19 846 000	15 145 000	11 853 000
Total Assets	29 661 000	22 552 000	17 611 000	14 339 000
Total Retained Equity	14 979 000	10 839 000	1 536 000	3 086 000
Total Equity	18 379 000	14 239 000	4 936 000	6 486 000
Total Long-Term Debt	0	0	693 000	501 000
Total Current Debt	11 283 000	8 313 000	11 982 000	7 352 000
Total Equity and Debt	29 661 000	22 552 000	17 611 000	14 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 814 000	52 026 000	41 873 000	38 702 000
Other Income	2 397 000	1 621 000	902 000	749 000
Revenue	80 211 000	53 648 000	42 775 000	39 451 000
Cost of Goods Sold	35 198 000	19 888 000	17 952 000	16 279 000
Salary Costs	26 156 000	16 357 000	13 413 000	12 256 000
Depreciation	928 000	888 000	1 168 000	1 191 000
Impairment	0	0	0	0
Expenditure	74 601 000	42 321 000	36 581 000	35 234 000
Operating Profit	5 610 000	11 327 000	6 194 000	4 217 000
Financial Income	220 000	541 000	50 000	5 000
Financial Costs	295 000	181 000	178 000	106 000
Financial Balance	−75 000	360 000	−128 000	−101 000
Dividends	0	0	3 344 000	0
Net Income	4 140 000	9 303 000	4 779 000	3 201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	458 000
Total Intangible Assets	1 198 000	1 338 000	1 561 000	2 486 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	55 000	125 000	0
Total Tangible Assets	82 000	55 000	125 000	0
Total Fiancial Fixed Assets	1 567 000	1 313 000	780 000	0
Total Fixed Assets	2 847 000	2 706 000	2 466 000	2 486 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 723 000	5 226 000	4 408 000	2 813 000
Total Current Assets	26 814 000	19 846 000	15 145 000	11 853 000
Total Assets	29 661 000	22 552 000	17 611 000	14 339 000
Total Equity	18 379 000	14 239 000	4 936 000	6 486 000
Short-Term Group Debt	0	0	1 840 000	0
Total Long-Term Debt	0	0	693 000	501 000
Creditors	957 000	1 174 000	1 212 000	437 000
Unpaid Taxes	5 756 000	3 324 000	2 612 000	2 039 000
Dividends	0	0	3 344 000	0
Other Current Debt	3 087 000	2 093 000	2 217 000	1 519 000
Total Current Debt	11 283 000	8 313 000	11 982 000	7 352 000
Total Equity and Debt	29 661 000	22 552 000	17 611 000	14 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,53 %	65,33 %	96,82 %	49,35 %
Debt-to-Equity Ratio	0	0	0,14	0,08
Operating Profit Margin	6,99 %	21,11 %	14,48 %	10,69 %
Current Ratio	2,38	2,39	1,26	1,61
Quick Ratio	2,38	2,39	1,26	1,61
Equity Ratio	0,62	0,63	0,28	0,45
Gross Profit Margin	56,12 %	62,93 %	58,03 %	58,74 %