PAINFREEU AS

5353 STRAUME

Finances

Return on Equity

81,03 %

Current Ratio

2,02

Debt-to-Equity Ratio

3,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 607 000	1 566 000	1 440 000	1 670 000
Net Income	47 000	−238 000	74 000	−28 000
Total Assets	530 000	597 000	631 000	375 000
Total Equity	58 000	11 000	249 000	235 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 607 000	1 566 000	1 440 000	1 670 000
Expenditure	1 459 000	1 503 000	1 229 000	1 734 000
Operating Profit	149 000	63 000	212 000	−63 000
Financial Income	0	47 000	101 000	41 000
Financial Costs	81 000	325 000	208 000	5 000
Financial Balance	−81 000	−278 000	−107 000	36 000
Earnings Before Tax	68 000	−215 000	106 000	−28 000
Tax	21 000	23 000	31 000	0
Net Income	47 000	−238 000	74 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	10 000	19 000
Total Current Assets	530 000	595 000	620 000	356 000
Total Assets	530 000	597 000	631 000	375 000
Total Retained Equity	43 000	−4 000	234 000	220 000
Total Equity	58 000	11 000	249 000	235 000
Total Long-Term Debt	210 000	270 000	46 000	0
Total Current Debt	262 000	316 000	336 000	140 000
Total Equity and Debt	530 000	597 000	631 000	375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 607 000	1 566 000	1 416 000	1 670 000
Other Income	0	0	25 000	0
Revenue	1 607 000	1 566 000	1 440 000	1 670 000
Cost of Goods Sold	18 000	0	0	4 000
Salary Costs	1 012 000	1 167 000	823 000	1 035 000
Depreciation	2 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 459 000	1 503 000	1 229 000	1 734 000
Operating Profit	149 000	63 000	212 000	−63 000
Financial Income	0	47 000	101 000	41 000
Financial Costs	81 000	325 000	208 000	5 000
Financial Balance	−81 000	−278 000	−107 000	36 000
Dividends	0	0	60 000	0
Net Income	47 000	−238 000	74 000	−28 000

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	0	2 000	10 000	19 000
Total Tangible Assets	0	2 000	10 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	10 000	19 000
Stock	0	0	0	0
Total Investments	54 000	94 000	393 000	135 000
Cash, Bank	139 000	168 000	205 000	205 000
Total Current Assets	530 000	595 000	620 000	356 000
Total Assets	530 000	597 000	631 000	375 000
Total Equity	58 000	11 000	249 000	235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	270 000	46 000	0
Creditors	27 000	19 000	−3 000	−2 000
Unpaid Taxes	119 000	145 000	86 000	92 000
Dividends	0	0	60 000	0
Other Current Debt	95 000	128 000	161 000	172 000
Total Current Debt	262 000	316 000	336 000	140 000
Total Equity and Debt	530 000	597 000	631 000	375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,03 %	−2 163,64 %	29,72 %	−11,91 %
Debt-to-Equity Ratio	3,62	24,55	0,18	0
Operating Profit Margin	9,27 %	4,02 %	14,72 %	−3,77 %
Current Ratio	2,02	1,88	1,85	2,54
Quick Ratio	2,02	1,88	1,85	2,54
Equity Ratio	0,11	0,02	0,39	0,63
Gross Profit Margin	98,88 %	100 %	100 %	99,76 %