PAYBACK LUBRICANTS NORGE AS

8211 FAUSKE

Finances

Share Ownership

Return on Equity

−158,21 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 693 000	5 112 000	5 612 000	4 055 000
Net Income	−1 147 000	−180 000	−754 000	−301 000
Total Assets	3 209 000	3 601 000	3 475 000	3 055 000
Total Equity	725 000	307 000	487 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 693 000	5 112 000	5 612 000	4 055 000
Expenditure	6 243 000	4 971 000	6 170 000	5 067 000
Operating Profit	−1 003 000	−96 000	−567 000	−169 000
Financial Income	17 000	50 000	12 000	4 000
Financial Costs	161 000	134 000	206 000	137 000
Financial Balance	−144 000	−84 000	−194 000	−133 000
Earnings Before Tax	−1 147 000	−180 000	−761 000	−301 000
Tax	0	0	−7 000	0
Net Income	−1 147 000	−180 000	−754 000	−301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	475 000	648 000	287 000
Total Current Assets	2 834 000	3 126 000	2 827 000	2 768 000
Total Assets	3 209 000	3 601 000	3 475 000	3 055 000
Total Retained Equity	−2 095 000	−948 000	−768 000	−403 000
Total Equity	725 000	307 000	487 000	27 000
Total Long-Term Debt	0	1 198 000	811 000	1 692 000
Total Current Debt	2 484 000	2 097 000	2 177 000	1 336 000
Total Equity and Debt	3 209 000	3 601 000	3 475 000	3 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 693 000	5 112 000	5 610 000	4 051 000
Other Income	0	0	2 000	4 000
Revenue	5 693 000	5 112 000	5 612 000	4 055 000
Cost of Goods Sold	3 349 000	2 797 000	3 776 000	3 091 000
Salary Costs	1 489 000	1 072 000	1 328 000	1 027 000
Depreciation	173 000	173 000	168 000	84 000
Impairment	0	0	0	0
Expenditure	6 243 000	4 971 000	6 170 000	5 067 000
Operating Profit	−1 003 000	−96 000	−567 000	−169 000
Financial Income	17 000	50 000	12 000	4 000
Financial Costs	161 000	134 000	206 000	137 000
Financial Balance	−144 000	−84 000	−194 000	−133 000
Dividends	0	0	0	0
Net Income	−1 147 000	−180 000	−754 000	−301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	375 000	475 000	638 000	254 000
Total Tangible Assets	375 000	475 000	638 000	254 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	375 000	475 000	648 000	287 000
Stock	1 887 000	2 339 000	2 576 000	2 437 000
Total Investments	0	0	0	0
Cash, Bank	62 000	22 000	34 000	52 000
Total Current Assets	2 834 000	3 126 000	2 827 000	2 768 000
Total Assets	3 209 000	3 601 000	3 475 000	3 055 000
Total Equity	725 000	307 000	487 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 198 000	811 000	1 692 000
Creditors	984 000	616 000	782 000	381 000
Unpaid Taxes	366 000	317 000	455 000	85 000
Dividends	0	0	0	0
Other Current Debt	327 000	281 000	180 000	324 000
Total Current Debt	2 484 000	2 097 000	2 177 000	1 336 000
Total Equity and Debt	3 209 000	3 601 000	3 475 000	3 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−158,21 %	−58,63 %	−154,83 %	−1 114,81 %
Debt-to-Equity Ratio	0	3,9	1,67	62,67
Operating Profit Margin	−17,62 %	−1,88 %	−10,1 %	−4,17 %
Current Ratio	1,14	1,49	1,3	2,07
Quick Ratio	4,75	−12,92	−7,09	−2,51
Equity Ratio	0,23	0,09	0,14	0,01
Gross Profit Margin	41,17 %	45,29 %	32,72 %	23,77 %