PAXON HAUGESUND AS

5537 HAUGESUND

Finances

Share Ownership

Return on Equity

6,62 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 356 000	15 316 000	7 630 000	911 000
Net Income	56 000	1 450 000	664 000	117 000
Total Assets	3 425 000	5 263 000	2 451 000	918 000
Total Equity	846 000	790 000	870 000	506 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 356 000	15 316 000	7 630 000	911 000
Expenditure	15 279 000	13 453 000	6 778 000	763 000
Operating Profit	76 000	1 863 000	852 000	147 000
Financial Income	5 000	0	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	3 000	−1 000	−1 000	0
Earnings Before Tax	80 000	1 862 000	852 000	147 000
Tax	24 000	412 000	188 000	30 000
Net Income	56 000	1 450 000	664 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	134 000	62 000	0
Total Current Assets	3 239 000	5 129 000	2 389 000	918 000
Total Assets	3 425 000	5 263 000	2 451 000	918 000
Total Retained Equity	746 000	690 000	770 000	106 000
Total Equity	846 000	790 000	870 000	506 000
Total Long-Term Debt	3 000	10 000	5 000	1 000
Total Current Debt	2 576 000	4 462 000	1 576 000	411 000
Total Equity and Debt	3 425 000	5 263 000	2 451 000	918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 356 000	15 316 000	7 630 000	911 000
Other Income	0	0	0	0
Revenue	15 356 000	15 316 000	7 630 000	911 000
Cost of Goods Sold	1 688 000	3 141 000	1 618 000	74 000
Salary Costs	10 364 000	7 821 000	3 602 000	348 000
Depreciation	45 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	15 279 000	13 453 000	6 778 000	763 000
Operating Profit	76 000	1 863 000	852 000	147 000
Financial Income	5 000	0	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	3 000	−1 000	−1 000	0
Dividends	0	1 180 000	0	0
Net Income	56 000	1 450 000	664 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	87 000	0	0
Total Tangible Assets	154 000	87 000	0	0
Total Fiancial Fixed Assets	32 000	47 000	62 000	0
Total Fixed Assets	185 000	134 000	62 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	925 000	3 243 000	1 280 000	326 000
Total Current Assets	3 239 000	5 129 000	2 389 000	918 000
Total Assets	3 425 000	5 263 000	2 451 000	918 000
Total Equity	846 000	790 000	870 000	506 000
Short-Term Group Debt	153 000	153 000	0	0
Total Long-Term Debt	3 000	10 000	5 000	1 000
Creditors	368 000	818 000	336 000	100 000
Unpaid Taxes	1 004 000	1 121 000	537 000	239 000
Dividends	0	1 180 000	0	0
Other Current Debt	1 019 000	784 000	519 000	43 000
Total Current Debt	2 576 000	4 462 000	1 576 000	411 000
Total Equity and Debt	3 425 000	5 263 000	2 451 000	918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,62 %	183,54 %	76,32 %	23,12 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	0,49 %	12,16 %	11,17 %	16,14 %
Current Ratio	1,26	1,15	1,52	2,23
Quick Ratio	1,26	1,15	1,52	2,23
Equity Ratio	0,25	0,15	0,35	0,55
Gross Profit Margin	89,01 %	79,49 %	78,79 %	91,88 %