P A SYSTEM AS

0655 OSLO

Finances

Share Ownership

Return on Equity

25,7 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	57 000	72 000	142 000	193 000
Net Income	−119 000	−155 000	−128 000	−85 000
Total Assets	59 000	37 000	98 000	188 000
Total Equity	−463 000	−344 000	−189 000	−61 000

Income (NOK)	2021	2020	2019	2018
Revenue	57 000	72 000	142 000	193 000
Expenditure	174 000	225 000	269 000	276 000
Operating Profit	−117 000	−153 000	−126 000	−83 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−2 000	−2 000
Earnings Before Tax	−119 000	−155 000	−128 000	−85 000
Tax	0	0	0	0
Net Income	−119 000	−155 000	−128 000	−85 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	59 000	37 000	98 000	188 000
Total Assets	59 000	37 000	98 000	188 000
Total Retained Equity	−565 000	−446 000	−291 000	−163 000
Total Equity	−463 000	−344 000	−189 000	−61 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	522 000	381 000	287 000	249 000
Total Equity and Debt	59 000	37 000	98 000	188 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	57 000	72 000	142 000	193 000
Other Income	0	0	0	0
Revenue	57 000	72 000	142 000	193 000
Cost of Goods Sold	27 000	83 000	104 000	120 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	174 000	225 000	269 000	276 000
Operating Profit	−117 000	−153 000	−126 000	−83 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	−2 000	−2 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	−119 000	−155 000	−128 000	−85 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	19 000	19 000	69 000	104 000
Total Investments	0	0	0	0
Cash, Bank	28 000	16 000	15 000	20 000
Total Current Assets	59 000	37 000	98 000	188 000
Total Assets	59 000	37 000	98 000	188 000
Total Equity	−463 000	−344 000	−189 000	−61 000
Short-Term Group Debt	132 000	136 000	97 000	114 000
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	1 000	3 000
Unpaid Taxes	0	0	5 000	4 000
Dividends	0	0	0	0
Other Current Debt	380 000	245 000	185 000	128 000
Total Current Debt	522 000	381 000	287 000	249 000
Total Equity and Debt	59 000	37 000	98 000	188 000

Financial indicators	2021	2020	2019	2018
Return on Equity	25,7 %	45,06 %	67,72 %	139,34 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−205,26 %	−212,5 %	−88,73 %	−43,01 %
Current Ratio	0,11	0,1	0,34	0,76
Quick Ratio	0,12	0,1	0,45	1,3
Equity Ratio	−7,85	−9,3	−1,93	−0,32
Gross Profit Margin	52,63 %	−15,28 %	26,76 %	37,82 %