PAAL VAAGE HOLDING AS

5058 BERGEN

Finances

Return on Equity

3,84 %

Current Ratio

0,42

Debt-to-Equity Ratio

4,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	0	0	0
Net Income	19 000	−15 000	−26 000	326 000
Total Assets	3 878 000	1 226 000	658 000	926 000
Total Equity	495 000	576 000	591 000	717 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	0	0	0
Expenditure	248 000	83 000	52 000	1 000
Operating Profit	−68 000	−83 000	−52 000	−1 000
Financial Income	187 000	84 000	26 000	377 000
Financial Costs	100 000	15 000	0	50 000
Financial Balance	87 000	69 000	26 000	327 000
Earnings Before Tax	19 000	−15 000	−26 000	326 000
Tax	0	0	0	0
Net Income	19 000	−15 000	−26 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 482 000	344 000	339 000	45 000
Total Current Assets	396 000	882 000	318 000	881 000
Total Assets	3 878 000	1 226 000	658 000	926 000
Total Retained Equity	445 000	526 000	541 000	667 000
Total Equity	495 000	576 000	591 000	717 000
Total Long-Term Debt	2 441 000	0	0	0
Total Current Debt	942 000	650 000	67 000	209 000
Total Equity and Debt	3 878 000	1 226 000	658 000	926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	0	0	0
Other Income	0	0	0	0
Revenue	180 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	248 000	83 000	52 000	1 000
Operating Profit	−68 000	−83 000	−52 000	−1 000
Financial Income	187 000	84 000	26 000	377 000
Financial Costs	100 000	15 000	0	50 000
Financial Balance	87 000	69 000	26 000	327 000
Dividends	100 000	0	100 000	135 000
Net Income	19 000	−15 000	−26 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 138 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 138 000	0	0	0
Total Fiancial Fixed Assets	344 000	344 000	339 000	45 000
Total Fixed Assets	3 482 000	344 000	339 000	45 000
Stock	0	0	0	26 000
Total Investments	0	0	0	0
Cash, Bank	161 000	557 000	35 000	60 000
Total Current Assets	396 000	882 000	318 000	881 000
Total Assets	3 878 000	1 226 000	658 000	926 000
Total Equity	495 000	576 000	591 000	717 000
Short-Term Group Debt	891 000	624 000	0	50 000
Total Long-Term Debt	2 441 000	0	0	0
Creditors	14 000	2 000	0	0
Unpaid Taxes	10 000	0	0	0
Dividends	100 000	0	100 000	135 000
Other Current Debt	28 000	23 000	67 000	94 000
Total Current Debt	942 000	650 000	67 000	209 000
Total Equity and Debt	3 878 000	1 226 000	658 000	926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,84 %	−2,6 %	−4,4 %	45,47 %
Debt-to-Equity Ratio	4,93	0	0	0
Operating Profit Margin	−37,78 %	-	-	-
Current Ratio	0,42	1,36	4,75	4,22
Quick Ratio	0,42	1,36	4,75	4,81
Equity Ratio	0,13	0,47	0,9	0,77
Gross Profit Margin	100 %	-	-	-