PAASAN AS

0658 OSLO

Finances

Share Ownership

Return on Equity

30 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 358 000	2 053 000	1 503 000	250 000
Net Income	36 000	−172 000	149 000	77 000
Total Assets	737 000	1 103 000	1 437 000	129 000
Total Equity	120 000	84 000	256 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 358 000	2 053 000	1 503 000	250 000
Expenditure	1 321 000	2 223 000	1 311 000	151 000
Operating Profit	37 000	−171 000	191 000	99 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	36 000	−172 000	191 000	99 000
Tax	0	0	42 000	22 000
Net Income	36 000	−172 000	149 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	43 000	0	0
Total Current Assets	609 000	1 060 000	1 437 000	129 000
Total Assets	737 000	1 103 000	1 437 000	129 000
Total Retained Equity	90 000	54 000	226 000	77 000
Total Equity	120 000	84 000	256 000	107 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	617 000	1 018 000	1 181 000	22 000
Total Equity and Debt	737 000	1 103 000	1 437 000	129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 358 000	2 053 000	1 503 000	250 000
Other Income	0	0	0	0
Revenue	1 358 000	2 053 000	1 503 000	250 000
Cost of Goods Sold	1 000	0	397 000	0
Salary Costs	754 000	1 784 000	754 000	0
Depreciation	13 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 321 000	2 223 000	1 311 000	151 000
Operating Profit	37 000	−171 000	191 000	99 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	36 000	−172 000	149 000	77 000

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	128 000	43 000	0	0
Total Tangible Assets	128 000	43 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	43 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	1 019 000	1 396 000	129 000
Total Current Assets	609 000	1 060 000	1 437 000	129 000
Total Assets	737 000	1 103 000	1 437 000	129 000
Total Equity	120 000	84 000	256 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	5 000	624 000	0
Unpaid Taxes	533 000	877 000	429 000	0
Dividends	0	0	0	0
Other Current Debt	64 000	136 000	64 000	0
Total Current Debt	617 000	1 018 000	1 181 000	22 000
Total Equity and Debt	737 000	1 103 000	1 437 000	129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30 %	−204,76 %	58,2 %	71,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,72 %	−8,33 %	12,71 %	39,6 %
Current Ratio	0,99	1,04	1,22	5,86
Quick Ratio	0,99	1,04	1,22	5,86
Equity Ratio	0,16	0,08	0,18	0,83
Gross Profit Margin	99,93 %	100 %	73,59 %	100 %