PORTOFINO HERREKLÆR AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

203,03 %

Current Ratio

0,74

Debt-to-Equity Ratio

−3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 897 000	2 017 000	2 005 000	2 277 000
Net Income	−134 000	26 000	59 000	−107 000
Total Assets	806 000	763 000	688 000	721 000
Total Equity	−66 000	−529 000	−555 000	−614 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 897 000	2 017 000	2 005 000	2 277 000
Expenditure	2 029 000	1 949 000	1 873 000	2 372 000
Operating Profit	−131 000	69 000	133 000	−95 000
Financial Income	0	0	0	0
Financial Costs	40 000	35 000	57 000	42 000
Financial Balance	−40 000	−35 000	−57 000	−42 000
Earnings Before Tax	−172 000	34 000	76 000	−137 000
Tax	−38 000	7 000	17 000	−30 000
Net Income	−134 000	26 000	59 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	346 000	312 000	324 000	333 000
Total Current Assets	460 000	451 000	364 000	388 000
Total Assets	806 000	763 000	688 000	721 000
Total Retained Equity	−1 155 000	−1 021 000	−1 047 000	−1 106 000
Total Equity	−66 000	−529 000	−555 000	−614 000
Total Long-Term Debt	250 000	0	0	0
Total Current Debt	622 000	1 291 000	1 243 000	1 335 000
Total Equity and Debt	806 000	763 000	688 000	721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 897 000	1 969 000	2 005 000	2 277 000
Other Income	0	47 000	0	0
Revenue	1 897 000	2 017 000	2 005 000	2 277 000
Cost of Goods Sold	1 164 000	1 150 000	1 137 000	1 461 000
Salary Costs	471 000	470 000	432 000	545 000
Depreciation	4 000	5 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	2 029 000	1 949 000	1 873 000	2 372 000
Operating Profit	−131 000	69 000	133 000	−95 000
Financial Income	0	0	0	0
Financial Costs	40 000	35 000	57 000	42 000
Financial Balance	−40 000	−35 000	−57 000	−42 000
Dividends	0	0	0	0
Net Income	−134 000	26 000	59 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	331 000	294 000	301 000	318 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	18 000	23 000	15 000
Total Tangible Assets	15 000	18 000	23 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	346 000	312 000	324 000	333 000
Stock	426 000	419 000	357 000	379 000
Total Investments	0	0	0	0
Cash, Bank	12 000	20 000	5 000	8 000
Total Current Assets	460 000	451 000	364 000	388 000
Total Assets	806 000	763 000	688 000	721 000
Total Equity	−66 000	−529 000	−555 000	−614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	0	0	0
Creditors	471 000	203 000	141 000	197 000
Unpaid Taxes	64 000	83 000	85 000	102 000
Dividends	0	0	0	0
Other Current Debt	87 000	751 000	774 000	786 000
Total Current Debt	622 000	1 291 000	1 243 000	1 335 000
Total Equity and Debt	806 000	763 000	688 000	721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	203,03 %	−4,91 %	−10,63 %	17,43 %
Debt-to-Equity Ratio	−3,79	−0	−0	−0
Operating Profit Margin	−6,91 %	3,42 %	6,63 %	−4,17 %
Current Ratio	0,74	0,35	0,29	0,29
Quick Ratio	2,35	0,52	0,41	0,41
Equity Ratio	−0,08	−0,69	−0,81	−0,85
Gross Profit Margin	38,64 %	42,98 %	43,29 %	35,84 %