PHS AS

ASDissolved

Org 921136692Hundingslandsveien 40, 4580 LyngdalRental and leasing of water transport equipment· NACE 7734Est. 2018 · 8 years old0 employees

Overview

PHS AS is a Norwegian AS based in Lyngdal, operating in the Rental and leasing of water transport equipment sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 3.6m in its latest annual filing.

Revenue 2019

3.6M NOK

−32% vs 2018

EBITDA margin

−38.0 %

−135% vs 2018

Net profit 2019

-1.4M NOK

-135% vs 2018

Key ratios

See full ratios →

47.9 %

Average

Around the average of companies in the same industry

20182019

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20182019

-25.4 %

Very weak

Among the 20% lowest rated companies in the industry

20182019

EBITDA — year on year

NOK thousands

Key figures

Annual report 2019

Revenue	3.6M NOK	-32%
EBITDA	-1.4M NOK	-135%
Net profit	-1.4M NOK	-135%
Total assets	5.6M NOK	-35%
Equity	2.7M NOK	-35%
Employees	0	—

Financial development

In its most recent annual report (2019), PHS AS reported revenue of NOK 3.6m, a decrease of 32% on the year before. The figures on this page draw on 2 annual filings covering 2018 to 2019. The bottom line showed a net loss of NOK 1.4m, and the EBITDA margin stood at -38%.

At the end of 2019, equity financed 47.9% of the balance sheet, and current assets covered short-term debt 0 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2019	2018
Revenue	3,597	5,312
Staff expenses	-516	-552
EBITDA	-1,365	3,909
Depreciation & amort.	-47	-41
EBIT	-1,412	3,868
Net financials	-55	-1
Profit before tax	-1,467	3,867
Tax	-30	-255
Net profit	-1,437	4,123

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Balance sheet

NOK thousands

Item	2019	2018
Total assets	5,648	8,630
Equity	2,704	4,141
Long-term debt	986	0
Short-term debt	1,958	4,489
Total debt	2,944	4,489

Financial ratios

5-year trend

EBITDA margin

-38.0 %

20182019

Equity ratio

47.9 %

Average

Around the average of companies in the same industry

20182019

Return on equity

-53.2 %

Very weak

Among the 20% lowest rated companies in the industry

20182019

Net profit margin

-40.0 %

Very weak

Among the 20% lowest rated companies in the industry

20182019

Asset turnover

0.64×

Average

Around the average of companies in the same industry

20182019

Debt / equity

1.09×

Average

Around the average of companies in the same industry

20182019

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery weak

Among the 20% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery weak

Among the 20% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 10% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 20% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-05-03 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
DF Daniel Færøykavlen Chief Executive Officer	Chief Executive Officer	2018

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
DF Daniel Færøykavlen Chairman	Chairman	2018

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of PHS AS also hold positions in 5 other companies.

Person	Role here	Other companies
Daniel Færøykavlen	Chief Executive Officer	5 companies

Frequently asked questions

What is the Org number of PHS AS?

PHS AS is registered with Brønnøysundsregistrene under Org 921136692.

What is the revenue of PHS AS?

PHS AS reported revenue of NOK 3.6m in 2019.

Who is the CEO of PHS AS?

Daniel Færøykavlen is the CEO of PHS AS.

Who is the chairman of PHS AS?

Daniel Færøykavlen chairs the board of PHS AS.

Where is PHS AS headquartered?

PHS AS's registered address is Hundingslandsveien 40.