PETCON TUBULARS AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−58,65 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	714 000	329 000	6 876 000	9 680 000
Net Income	−78 000	−1 203 000	482 000	−244 000
Total Assets	363 000	343 000	2 032 000	1 236 000
Total Equity	133 000	211 000	1 414 000	933 000

Income (NOK)	2022	2021	2020	2019
Revenue	714 000	329 000	6 876 000	9 680 000
Expenditure	768 000	1 454 000	6 180 000	9 743 000
Operating Profit	−55 000	−1 125 000	696 000	−63 000
Financial Income	19 000	18 000	91 000	62 000
Financial Costs	42 000	97 000	306 000	243 000
Financial Balance	−23 000	−79 000	−215 000	−181 000
Earnings Before Tax	−78 000	−1 203 000	482 000	−244 000
Tax	0	0	0	0
Net Income	−78 000	−1 203 000	482 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	363 000	343 000	2 032 000	1 224 000
Total Assets	363 000	343 000	2 032 000	1 236 000
Total Retained Equity	33 000	111 000	1 314 000	833 000
Total Equity	133 000	211 000	1 414 000	933 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	230 000	132 000	618 000	304 000
Total Equity and Debt	363 000	343 000	2 032 000	1 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	714 000	329 000	6 876 000	9 680 000
Other Income	0	0	0	0
Revenue	714 000	329 000	6 876 000	9 680 000
Cost of Goods Sold	435 000	245 000	4 563 000	7 101 000
Salary Costs	105 000	949 000	1 093 000	1 647 000
Depreciation	0	0	12 000	20 000
Impairment	0	0	0	0
Expenditure	768 000	1 454 000	6 180 000	9 743 000
Operating Profit	−55 000	−1 125 000	696 000	−63 000
Financial Income	19 000	18 000	91 000	62 000
Financial Costs	42 000	97 000	306 000	243 000
Financial Balance	−23 000	−79 000	−215 000	−181 000
Dividends	0	0	0	0
Net Income	−78 000	−1 203 000	482 000	−244 000

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	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	243 000	1 592 000	1 169 000
Total Current Assets	363 000	343 000	2 032 000	1 224 000
Total Assets	363 000	343 000	2 032 000	1 236 000
Total Equity	133 000	211 000	1 414 000	933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	129 000	43 000	445 000	34 000
Unpaid Taxes	24 000	12 000	87 000	153 000
Dividends	0	0	0	0
Other Current Debt	77 000	77 000	86 000	117 000
Total Current Debt	230 000	132 000	618 000	304 000
Total Equity and Debt	363 000	343 000	2 032 000	1 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,65 %	−570,14 %	34,09 %	−26,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,7 %	−341,95 %	10,12 %	−0,65 %
Current Ratio	1,58	2,6	3,29	4,03
Quick Ratio	1,58	2,6	3,29	4,03
Equity Ratio	0,37	0,62	0,7	0,75
Gross Profit Margin	39,08 %	25,53 %	33,64 %	26,64 %