PASSIV ENERGI AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

28,32 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 820 000	3 455 000	3 235 000	2 943 000
Net Income	467 000	78 000	278 000	105 000
Total Assets	3 076 000	2 222 000	2 015 000	1 800 000
Total Equity	1 649 000	1 182 000	1 103 000	825 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 820 000	3 455 000	3 235 000	2 943 000
Expenditure	4 219 000	3 349 000	2 872 000	2 797 000
Operating Profit	602 000	107 000	364 000	146 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	6 000	8 000	12 000
Financial Balance	−3 000	−6 000	−7 000	−11 000
Earnings Before Tax	599 000	101 000	357 000	135 000
Tax	132 000	22 000	78 000	31 000
Net Income	467 000	78 000	278 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	205 000	326 000	448 000
Total Current Assets	2 976 000	2 017 000	1 690 000	1 352 000
Total Assets	3 076 000	2 222 000	2 015 000	1 800 000
Total Retained Equity	1 619 000	1 152 000	1 073 000	795 000
Total Equity	1 649 000	1 182 000	1 103 000	825 000
Total Long-Term Debt	11 000	77 000	152 000	218 000
Total Current Debt	1 416 000	963 000	760 000	757 000
Total Equity and Debt	3 076 000	2 222 000	2 015 000	1 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 820 000	3 455 000	3 235 000	2 943 000
Other Income	0	0	0	0
Revenue	4 820 000	3 455 000	3 235 000	2 943 000
Cost of Goods Sold	2 896 000	1 767 000	1 711 000	1 640 000
Salary Costs	877 000	1 161 000	747 000	748 000
Depreciation	118 000	123 000	123 000	119 000
Impairment	0	0	0	0
Expenditure	4 219 000	3 349 000	2 872 000	2 797 000
Operating Profit	602 000	107 000	364 000	146 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	6 000	8 000	12 000
Financial Balance	−3 000	−6 000	−7 000	−11 000
Dividends	0	0	0	0
Net Income	467 000	78 000	278 000	105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	4 000	12 000	21 000
Fixtures	85 000	199 000	313 000	427 000
Total Tangible Assets	85 000	203 000	326 000	448 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	100 000	205 000	326 000	448 000
Stock	340 000	307 000	586 000	504 000
Total Investments	0	0	0	0
Cash, Bank	481 000	497 000	492 000	243 000
Total Current Assets	2 976 000	2 017 000	1 690 000	1 352 000
Total Assets	3 076 000	2 222 000	2 015 000	1 800 000
Total Equity	1 649 000	1 182 000	1 103 000	825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	77 000	152 000	218 000
Creditors	590 000	137 000	79 000	167 000
Unpaid Taxes	499 000	369 000	227 000	229 000
Dividends	0	0	0	0
Other Current Debt	183 000	426 000	364 000	329 000
Total Current Debt	1 416 000	963 000	760 000	757 000
Total Equity and Debt	3 076 000	2 222 000	2 015 000	1 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,32 %	6,6 %	25,2 %	12,73 %
Debt-to-Equity Ratio	0,01	0,07	0,14	0,26
Operating Profit Margin	12,49 %	3,1 %	11,25 %	4,96 %
Current Ratio	2,1	2,09	2,22	1,79
Quick Ratio	2,77	3,07	9,71	5,34
Equity Ratio	0,54	0,53	0,55	0,46
Gross Profit Margin	39,92 %	48,86 %	47,11 %	44,27 %