PANCOVEIEN 8 AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

6,07 %

Current Ratio

0,13

Debt-to-Equity Ratio

7,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	444 000	444 000	444 000	384 000
Net Income	17 000	111 000	34 000	59 000
Total Assets	2 625 000	2 526 000	2 781 000	2 815 000
Total Equity	280 000	263 000	152 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	444 000	444 000	444 000	384 000
Expenditure	333 000	231 000	303 000	192 000
Operating Profit	111 000	213 000	141 000	192 000
Financial Income	0	0	0	0
Financial Costs	89 000	71 000	98 000	116 000
Financial Balance	−89 000	−71 000	−98 000	−116 000
Earnings Before Tax	23 000	142 000	43 000	76 000
Tax	6 000	31 000	0	17 000
Net Income	17 000	111 000	34 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 594 000	2 488 000	2 655 000	2 792 000
Total Current Assets	31 000	38 000	127 000	23 000
Total Assets	2 625 000	2 526 000	2 781 000	2 815 000
Total Retained Equity	250 000	233 000	122 000	88 000
Total Equity	280 000	263 000	152 000	118 000
Total Long-Term Debt	2 098 000	2 111 000	2 547 000	2 663 000
Total Current Debt	248 000	153 000	82 000	34 000
Total Equity and Debt	2 625 000	2 526 000	2 781 000	2 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	444 000	444 000	444 000	384 000
Revenue	444 000	444 000	444 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	123 000	61 000	55 000	0
Depreciation	144 000	129 000	137 000	146 000
Impairment	0	0	0	0
Expenditure	333 000	231 000	303 000	192 000
Operating Profit	111 000	213 000	141 000	192 000
Financial Income	0	0	0	0
Financial Costs	89 000	71 000	98 000	116 000
Financial Balance	−89 000	−71 000	−98 000	−116 000
Dividends	0	0	0	0
Net Income	17 000	111 000	34 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 536 000	2 488 000	2 617 000	2 754 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 536 000	2 488 000	2 617 000	2 754 000
Total Fiancial Fixed Assets	58 000	0	38 000	38 000
Total Fixed Assets	2 594 000	2 488 000	2 655 000	2 792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	38 000	126 000	23 000
Total Current Assets	31 000	38 000	127 000	23 000
Total Assets	2 625 000	2 526 000	2 781 000	2 815 000
Total Equity	280 000	263 000	152 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 098 000	2 111 000	2 547 000	2 663 000
Creditors	29 000	0	0	0
Unpaid Taxes	62 000	33 000	39 000	12 000
Dividends	0	0	0	0
Other Current Debt	151 000	88 000	33 000	5 000
Total Current Debt	248 000	153 000	82 000	34 000
Total Equity and Debt	2 625 000	2 526 000	2 781 000	2 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,07 %	42,21 %	22,37 %	50 %
Debt-to-Equity Ratio	7,49	8,03	16,76	22,57
Operating Profit Margin	25 %	47,97 %	31,76 %	50 %
Current Ratio	0,13	0,25	1,55	0,68
Quick Ratio	0,13	0,25	1,55	0,68
Equity Ratio	0,11	0,1	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %