PETROLEUM SYSTEM CONSULTING AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

1,78 %

Current Ratio

6,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 103 000	543 000	2 048 000	2 347 000
Net Income	116 000	1 505 000	683 000	1 554 000
Total Assets	7 665 000	8 113 000	8 320 000	7 670 000
Total Equity	6 528 000	6 412 000	4 907 000	4 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 103 000	543 000	2 048 000	2 347 000
Expenditure	45 000	405 000	1 130 000	1 125 000
Operating Profit	1 057 000	138 000	918 000	1 223 000
Financial Income	5 000	1 523 000	76 000	670 000
Financial Costs	731 000	132 000	109 000	61 000
Financial Balance	−726 000	1 391 000	−33 000	609 000
Earnings Before Tax	331 000	1 528 000	885 000	1 831 000
Tax	215 000	23 000	202 000	278 000
Net Income	116 000	1 505 000	683 000	1 554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	11 000	27 000
Total Current Assets	7 664 000	8 112 000	8 309 000	7 643 000
Total Assets	7 665 000	8 113 000	8 320 000	7 670 000
Total Retained Equity	6 428 000	6 312 000	4 807 000	4 124 000
Total Equity	6 528 000	6 412 000	4 907 000	4 224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 137 000	1 701 000	3 413 000	3 446 000
Total Equity and Debt	7 665 000	8 113 000	8 320 000	7 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 103 000	543 000	2 048 000	2 347 000
Other Income	0	0	0	0
Revenue	1 103 000	543 000	2 048 000	2 347 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	351 000	1 026 000	1 039 000
Depreciation	0	10 000	16 000	17 000
Impairment	0	0	0	0
Expenditure	45 000	405 000	1 130 000	1 125 000
Operating Profit	1 057 000	138 000	918 000	1 223 000
Financial Income	5 000	1 523 000	76 000	670 000
Financial Costs	731 000	132 000	109 000	61 000
Financial Balance	−726 000	1 391 000	−33 000	609 000
Dividends	0	0	0	0
Net Income	116 000	1 505 000	683 000	1 554 000

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	0	0	10 000	26 000
Total Tangible Assets	0	0	10 000	26 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	11 000	27 000
Stock	0	0	0	0
Total Investments	7 171 000	7 900 000	7 183 000	5 896 000
Cash, Bank	228 000	212 000	980 000	1 223 000
Total Current Assets	7 664 000	8 112 000	8 309 000	7 643 000
Total Assets	7 665 000	8 113 000	8 320 000	7 670 000
Total Equity	6 528 000	6 412 000	4 907 000	4 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	4 000	4 000
Unpaid Taxes	50 000	3 000	165 000	122 000
Dividends	0	0	0	0
Other Current Debt	869 000	1 672 000	3 042 000	3 042 000
Total Current Debt	1 137 000	1 701 000	3 413 000	3 446 000
Total Equity and Debt	7 665 000	8 113 000	8 320 000	7 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,78 %	23,47 %	13,92 %	36,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	95,83 %	25,41 %	44,82 %	52,11 %
Current Ratio	6,74	4,77	2,43	2,22
Quick Ratio	6,74	4,77	2,43	2,22
Equity Ratio	0,85	0,79	0,59	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %