M. PAULEN AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

13,25 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 480 000	7 494 000	11 087 000	33 014 000
Net Income	1 626 000	358 000	446 000	5 384 000
Total Assets	14 120 000	17 140 000	18 540 000	21 155 000
Total Equity	12 275 000	15 149 000	15 292 000	15 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 480 000	7 494 000	11 087 000	33 014 000
Expenditure	8 856 000	7 432 000	10 862 000	26 352 000
Operating Profit	1 573 000	111 000	224 000	6 662 000
Financial Income	512 000	348 000	373 000	252 000
Financial Costs	1 000	0	23 000	11 000
Financial Balance	511 000	348 000	350 000	241 000
Earnings Before Tax	2 084 000	459 000	573 000	6 903 000
Tax	459 000	101 000	127 000	1 519 000
Net Income	1 626 000	358 000	446 000	5 384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 648 000	5 977 000	8 708 000	1 138 000
Total Current Assets	4 472 000	11 163 000	9 832 000	20 017 000
Total Assets	14 120 000	17 140 000	18 540 000	21 155 000
Total Retained Equity	11 892 000	14 767 000	14 909 000	15 463 000
Total Equity	12 275 000	15 149 000	15 292 000	15 846 000
Total Long-Term Debt	0	47 000	20 000	0
Total Current Debt	1 845 000	1 944 000	3 228 000	5 309 000
Total Equity and Debt	14 120 000	17 140 000	18 540 000	21 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 480 000	6 642 000	11 005 000	33 014 000
Other Income	0	852 000	82 000	0
Revenue	10 480 000	7 494 000	11 087 000	33 014 000
Cost of Goods Sold	4 014 000	2 432 000	4 514 000	17 920 000
Salary Costs	3 337 000	3 020 000	4 558 000	6 227 000
Depreciation	376 000	957 000	841 000	457 000
Impairment	0	0	0	0
Expenditure	8 856 000	7 432 000	10 862 000	26 352 000
Operating Profit	1 573 000	111 000	224 000	6 662 000
Financial Income	512 000	348 000	373 000	252 000
Financial Costs	1 000	0	23 000	11 000
Financial Balance	511 000	348 000	350 000	241 000
Dividends	0	500 000	1 000 000	500 000
Net Income	1 626 000	358 000	446 000	5 384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	25 000
Real Eastate	290 000	330 000	370 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	549 000	851 000	3 541 000	1 113 000
Total Tangible Assets	839 000	1 181 000	3 911 000	1 113 000
Total Fiancial Fixed Assets	8 797 000	4 797 000	4 797 000	0
Total Fixed Assets	9 648 000	5 977 000	8 708 000	1 138 000
Stock	100 000	150 000	100 000	100 000
Total Investments	0	0	0	4 797 000
Cash, Bank	3 786 000	9 577 000	9 049 000	14 244 000
Total Current Assets	4 472 000	11 163 000	9 832 000	20 017 000
Total Assets	14 120 000	17 140 000	18 540 000	21 155 000
Total Equity	12 275 000	15 149 000	15 292 000	15 846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	47 000	20 000	0
Creditors	288 000	707 000	1 135 000	1 750 000
Unpaid Taxes	708 000	360 000	539 000	570 000
Dividends	0	500 000	1 000 000	500 000
Other Current Debt	332 000	302 000	472 000	940 000
Total Current Debt	1 845 000	1 944 000	3 228 000	5 309 000
Total Equity and Debt	14 120 000	17 140 000	18 540 000	21 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,25 %	2,36 %	2,92 %	33,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,01 %	1,48 %	2,02 %	20,18 %
Current Ratio	2,42	5,74	3,05	3,77
Quick Ratio	2,56	6,22	3,14	3,84
Equity Ratio	0,87	0,88	0,82	0,75
Gross Profit Margin	61,7 %	67,55 %	59,29 %	45,72 %