PORSGRUNN BRØNNBORING AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

6,65 %

Current Ratio

−3,96

Debt-to-Equity Ratio

6,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	420 000	468 000	709 000
Net Income	47 000	36 000	46 000	152 000
Total Assets	5 384 000	5 551 000	4 529 000	4 737 000
Total Equity	707 000	660 000	624 000	579 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	420 000	468 000	709 000
Expenditure	336 000	234 000	251 000	342 000
Operating Profit	264 000	187 000	217 000	367 000
Financial Income	0	0	0	0
Financial Costs	181 000	132 000	143 000	159 000
Financial Balance	−181 000	−132 000	−143 000	−159 000
Earnings Before Tax	82 000	54 000	74 000	209 000
Tax	35 000	18 000	28 000	57 000
Net Income	47 000	36 000	46 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 289 000	4 674 000	3 966 000	4 128 000
Total Current Assets	95 000	877 000	563 000	610 000
Total Assets	5 384 000	5 551 000	4 529 000	4 737 000
Total Retained Equity	207 000	160 000	124 000	79 000
Total Equity	707 000	660 000	624 000	579 000
Total Long-Term Debt	4 700 000	4 950 000	3 773 000	3 967 000
Total Current Debt	−24 000	−59 000	131 000	191 000
Total Equity and Debt	5 384 000	5 551 000	4 529 000	4 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	420 000	468 000	709 000
Other Income	0	0	0	0
Revenue	600 000	420 000	468 000	709 000
Cost of Goods Sold	10 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	241 000	168 000	162 000	164 000
Impairment	0	0	0	0
Expenditure	336 000	234 000	251 000	342 000
Operating Profit	264 000	187 000	217 000	367 000
Financial Income	0	0	0	0
Financial Costs	181 000	132 000	143 000	159 000
Financial Balance	−181 000	−132 000	−143 000	−159 000
Dividends	0	0	0	0
Net Income	47 000	36 000	46 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 289 000	4 674 000	3 966 000	4 128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 289 000	4 674 000	3 966 000	4 128 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 289 000	4 674 000	3 966 000	4 128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	877 000	507 000	352 000
Total Current Assets	95 000	877 000	563 000	610 000
Total Assets	5 384 000	5 551 000	4 529 000	4 737 000
Total Equity	707 000	660 000	624 000	579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 700 000	4 950 000	3 773 000	3 967 000
Creditors	−13 000	27 000	1 000	−4 000
Unpaid Taxes	−66 000	−116 000	101 000	138 000
Dividends	0	0	0	0
Other Current Debt	20 000	12 000	1 000	0
Total Current Debt	−24 000	−59 000	131 000	191 000
Total Equity and Debt	5 384 000	5 551 000	4 529 000	4 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,65 %	5,45 %	7,37 %	26,25 %
Debt-to-Equity Ratio	6,65	7,5	6,05	6,85
Operating Profit Margin	44 %	44,52 %	46,37 %	51,76 %
Current Ratio	−3,96	−14,86	4,3	3,19
Quick Ratio	−3,96	−14,86	4,3	3,19
Equity Ratio	0,13	0,12	0,14	0,12
Gross Profit Margin	98,33 %	100 %	100 %	100 %