AS PARAGON NORDIC

2100 SKARNES

Finances

Share Ownership

Return on Equity

13,75 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 095 000	59 437 000	60 019 000	48 202 000
Net Income	3 367 000	8 629 000	5 461 000	3 423 000
Total Assets	40 756 000	45 185 000	37 994 000	32 869 000
Total Equity	24 490 000	21 123 000	27 494 000	22 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 095 000	59 437 000	60 019 000	48 202 000
Expenditure	65 386 000	53 002 000	52 648 000	44 129 000
Operating Profit	4 709 000	6 435 000	7 371 000	4 073 000
Financial Income	53 000	3 599 000	3 000	40 000
Financial Costs	354 000	82 000	256 000	262 000
Financial Balance	−301 000	3 517 000	−253 000	−222 000
Earnings Before Tax	4 408 000	9 952 000	7 118 000	3 851 000
Tax	1 042 000	1 323 000	1 657 000	429 000
Net Income	3 367 000	8 629 000	5 461 000	3 423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 415 000	8 713 000	7 520 000	7 751 000
Total Current Assets	32 341 000	36 472 000	30 474 000	25 119 000
Total Assets	40 756 000	45 185 000	37 994 000	32 869 000
Total Retained Equity	18 430 000	15 063 000	21 434 000	15 973 000
Total Equity	24 490 000	21 123 000	27 494 000	22 033 000
Total Long-Term Debt	0	0	3 795 000	3 995 000
Total Current Debt	16 266 000	24 062 000	6 705 000	6 842 000
Total Equity and Debt	40 756 000	45 185 000	37 994 000	32 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 095 000	59 437 000	60 019 000	48 202 000
Other Income	0	0	0	0
Revenue	70 095 000	59 437 000	60 019 000	48 202 000
Cost of Goods Sold	41 316 000	32 931 000	33 109 000	26 360 000
Salary Costs	15 773 000	13 038 000	13 114 000	10 740 000
Depreciation	595 000	591 000	518 000	535 000
Impairment	0	0	0	0
Expenditure	65 386 000	53 002 000	52 648 000	44 129 000
Operating Profit	4 709 000	6 435 000	7 371 000	4 073 000
Financial Income	53 000	3 599 000	3 000	40 000
Financial Costs	354 000	82 000	256 000	262 000
Financial Balance	−301 000	3 517 000	−253 000	−222 000
Dividends	0	15 000 000	0	0
Net Income	3 367 000	8 629 000	5 461 000	3 423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 497 000	8 032 000	6 816 000	7 003 000
Machinery and Plant Facilities	419 000	182 000	204 000	247 000
Fixtures	0	0	0	0
Total Tangible Assets	7 915 000	8 213 000	7 020 000	7 251 000
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	8 415 000	8 713 000	7 520 000	7 751 000
Stock	19 485 000	16 023 000	16 094 000	16 219 000
Total Investments	0	0	0	0
Cash, Bank	899 000	3 414 000	6 995 000	3 010 000
Total Current Assets	32 341 000	36 472 000	30 474 000	25 119 000
Total Assets	40 756 000	45 185 000	37 994 000	32 869 000
Total Equity	24 490 000	21 123 000	27 494 000	22 033 000
Short-Term Group Debt	0	15 000 000	0	0
Total Long-Term Debt	0	0	3 795 000	3 995 000
Creditors	5 242 000	3 570 000	2 098 000	2 670 000
Unpaid Taxes	1 111 000	2 538 000	1 604 000	1 869 000
Dividends	0	15 000 000	0	0
Other Current Debt	8 872 000	1 631 000	1 346 000	1 874 000
Total Current Debt	16 266 000	24 062 000	6 705 000	6 842 000
Total Equity and Debt	40 756 000	45 185 000	37 994 000	32 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,75 %	40,85 %	19,86 %	15,54 %
Debt-to-Equity Ratio	0	0	0,14	0,18
Operating Profit Margin	6,72 %	10,83 %	12,28 %	8,45 %
Current Ratio	1,99	1,52	4,54	3,67
Quick Ratio	−10,05	4,54	−3,25	−2,68
Equity Ratio	0,6	0,47	0,72	0,67
Gross Profit Margin	41,06 %	44,6 %	44,84 %	45,31 %