PAGANINI AS

3812 AKKERHAUGEN

Finances

Return on Equity

5,41 %

Current Ratio

1,49

Debt-to-Equity Ratio

5,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	193 000	184 000	10 000
Net Income	14 000	95 000	46 000	−23 000
Total Assets	1 772 000	151 000	207 000	154 000
Total Equity	259 000	245 000	150 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	193 000	184 000	10 000
Expenditure	81 000	98 000	153 000	280 000
Operating Profit	14 000	95 000	31 000	−269 000
Financial Income	0	0	0	246 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	246 000
Earnings Before Tax	14 000	95 000	31 000	−23 000
Tax	0	0	−15 000	0
Net Income	14 000	95 000	46 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 660 000	38 000	35 000	35 000
Total Current Assets	112 000	114 000	172 000	119 000
Total Assets	1 772 000	151 000	207 000	154 000
Total Retained Equity	223 000	209 000	114 000	68 000
Total Equity	259 000	245 000	150 000	104 000
Total Long-Term Debt	1 438 000	−166 000	−34 000	−53 000
Total Current Debt	75 000	72 000	91 000	102 000
Total Equity and Debt	1 772 000	151 000	207 000	154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	193 000	184 000	10 000
Other Income	0	0	0	0
Revenue	96 000	193 000	184 000	10 000
Cost of Goods Sold	11 000	30 000	30 000	0
Salary Costs	0	0	52 000	256 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	81 000	98 000	153 000	280 000
Operating Profit	14 000	95 000	31 000	−269 000
Financial Income	0	0	0	246 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	246 000
Dividends	0	0	0	0
Net Income	14 000	95 000	46 000	−23 000

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	19 000	19 000	16 000	16 000
Total Tangible Assets	19 000	19 000	16 000	16 000
Total Fiancial Fixed Assets	1 641 000	19 000	19 000	19 000
Total Fixed Assets	1 660 000	38 000	35 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	45 000	116 000	119 000
Total Current Assets	112 000	114 000	172 000	119 000
Total Assets	1 772 000	151 000	207 000	154 000
Total Equity	259 000	245 000	150 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 438 000	−166 000	−34 000	−53 000
Creditors	35 000	35 000	36 000	35 000
Unpaid Taxes	35 000	35 000	51 000	66 000
Dividends	0	0	0	0
Other Current Debt	5 000	2 000	4 000	24 000
Total Current Debt	75 000	72 000	91 000	102 000
Total Equity and Debt	1 772 000	151 000	207 000	154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,41 %	38,78 %	30,67 %	−22,12 %
Debt-to-Equity Ratio	5,55	−0,68	−0,23	−0,51
Operating Profit Margin	14,58 %	49,22 %	16,85 %	−2 690 %
Current Ratio	1,49	1,58	1,89	1,17
Quick Ratio	1,49	1,58	1,89	1,17
Equity Ratio	0,15	1,62	0,72	0,68
Gross Profit Margin	88,54 %	84,46 %	83,7 %	100 %