P.O.SELSTAD AS

6973 SANDE I SUNNFJORD

Finances

Share Ownership

Return on Equity

−14,47 %

Current Ratio

14,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	135 000	107 000	226 000
Net Income	−34 000	22 000	−17 000	−20 000
Total Assets	250 000	284 000	252 000	268 000
Total Equity	235 000	269 000	247 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	135 000	107 000	226 000
Expenditure	204 000	108 000	129 000	253 000
Operating Profit	−45 000	27 000	−23 000	−27 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	2 000
Earnings Before Tax	−43 000	28 000	−21 000	−25 000
Tax	−9 000	6 000	−4 000	−6 000
Net Income	−34 000	22 000	−17 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	51 000	46 000	30 000
Total Current Assets	218 000	233 000	206 000	238 000
Total Assets	250 000	284 000	252 000	268 000
Total Retained Equity	205 000	239 000	217 000	234 000
Total Equity	235 000	269 000	247 000	264 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	16 000	5 000	5 000
Total Equity and Debt	250 000	284 000	252 000	268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	135 000	91 000	51 000
Other Income	0	0	16 000	175 000
Revenue	160 000	135 000	107 000	226 000
Cost of Goods Sold	31 000	33 000	19 000	32 000
Salary Costs	0	0	0	0
Depreciation	7 000	11 000	9 000	16 000
Impairment	0	0	0	0
Expenditure	204 000	108 000	129 000	253 000
Operating Profit	−45 000	27 000	−23 000	−27 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−34 000	22 000	−17 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	12 000	19 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	39 000	27 000	16 000
Total Tangible Assets	10 000	39 000	27 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	51 000	46 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	188 000	194 000	160 000	209 000
Total Current Assets	218 000	233 000	206 000	238 000
Total Assets	250 000	284 000	252 000	268 000
Total Equity	235 000	269 000	247 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	0	0	0
Unpaid Taxes	1 000	11 000	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	4 000	4 000
Total Current Debt	15 000	16 000	5 000	5 000
Total Equity and Debt	250 000	284 000	252 000	268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,47 %	8,18 %	−6,88 %	−7,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−28,13 %	20 %	−21,5 %	−11,95 %
Current Ratio	14,53	14,56	41,2	47,6
Quick Ratio	14,53	14,56	41,2	47,6
Equity Ratio	0,94	0,95	0,98	0,99
Gross Profit Margin	80,63 %	75,56 %	82,24 %	85,84 %