PETROCK II AS

5518 HAUGESUND

Finances

Return on Equity

−52,22 %

Current Ratio

8,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	50 000
Net Income	−13 555 000	3 063 000	−7 100 000	7 255 000
Total Assets	29 083 000	43 046 000	41 722 000	48 625 000
Total Equity	25 959 000	39 515 000	36 807 000	43 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	50 000
Expenditure	95 000	54 000	54 000	36 000
Operating Profit	−45 000	−4 000	−4 000	14 000
Financial Income	321 000	3 395 000	210 000	7 286 000
Financial Costs	13 829 000	318 000	7 299 000	0
Financial Balance	−13 508 000	3 077 000	−7 089 000	7 286 000
Earnings Before Tax	−13 553 000	3 073 000	−7 092 000	7 301 000
Tax	2 000	10 000	7 000	46 000
Net Income	−13 555 000	3 063 000	−7 100 000	7 255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 400 000	1 400 000	1 400 000	4 338 000
Total Current Assets	27 683 000	41 646 000	40 322 000	44 287 000
Total Assets	29 083 000	43 046 000	41 722 000	48 625 000
Total Retained Equity	25 884 000	39 440 000	36 776 000	43 876 000
Total Equity	25 959 000	39 515 000	36 807 000	43 907 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 124 000	3 532 000	4 915 000	4 719 000
Total Equity and Debt	29 083 000	43 046 000	41 722 000	48 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	50 000	50 000	50 000
Other Income	0	0	0	0
Revenue	50 000	50 000	50 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 000	54 000	54 000	36 000
Operating Profit	−45 000	−4 000	−4 000	14 000
Financial Income	321 000	3 395 000	210 000	7 286 000
Financial Costs	13 829 000	318 000	7 299 000	0
Financial Balance	−13 508 000	3 077 000	−7 089 000	7 286 000
Dividends	0	0	0	0
Net Income	−13 555 000	3 063 000	−7 100 000	7 255 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 400 000	1 400 000	1 400 000	4 338 000
Total Fixed Assets	1 400 000	1 400 000	1 400 000	4 338 000
Stock	0	0	0	0
Total Investments	27 281 000	41 126 000	39 048 000	42 959 000
Cash, Bank	402 000	470 000	97 000	973 000
Total Current Assets	27 683 000	41 646 000	40 322 000	44 287 000
Total Assets	29 083 000	43 046 000	41 722 000	48 625 000
Total Equity	25 959 000	39 515 000	36 807 000	43 907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 122 000	3 522 000	4 872 000	4 673 000
Total Current Debt	3 124 000	3 532 000	4 915 000	4 719 000
Total Equity and Debt	29 083 000	43 046 000	41 722 000	48 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,22 %	7,75 %	−19,29 %	16,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−90 %	−8 %	−8 %	28 %
Current Ratio	8,86	11,79	8,2	9,38
Quick Ratio	8,86	11,79	8,2	9,38
Equity Ratio	0,89	0,92	0,88	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %