PARAOCEAN AS

0381 OSLO

Finances

Share Ownership

Return on Equity

40,48 %

Current Ratio

0,79

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 764 000	4 149 000	3 395 000	2 489 000
Net Income	−34 000	35 000	203 000	−4 000
Total Assets	374 000	442 000	610 000	334 000
Total Equity	−84 000	−51 000	−86 000	−290 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 764 000	4 149 000	3 395 000	2 489 000
Expenditure	3 797 000	4 114 000	3 190 000	2 493 000
Operating Profit	−33 000	36 000	203 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−34 000	35 000	203 000	−4 000
Tax	0	0	0	0
Net Income	−34 000	35 000	203 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	16 000	20 000	38 000
Total Current Assets	361 000	426 000	590 000	297 000
Total Assets	374 000	442 000	610 000	334 000
Total Retained Equity	−114 000	−81 000	−116 000	−320 000
Total Equity	−84 000	−51 000	−86 000	−290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	458 000	492 000	697 000	624 000
Total Equity and Debt	374 000	442 000	610 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 764 000	4 148 000	3 395 000	2 489 000
Other Income	0	1 000	0	0
Revenue	3 764 000	4 149 000	3 395 000	2 489 000
Cost of Goods Sold	1 448 000	1 534 000	1 144 000	952 000
Salary Costs	1 775 000	2 022 000	1 482 000	1 172 000
Depreciation	3 000	4 000	18 000	9 000
Impairment	0	0	0	0
Expenditure	3 797 000	4 114 000	3 190 000	2 493 000
Operating Profit	−33 000	36 000	203 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−34 000	35 000	203 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	20 000	25 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	16 000	0	13 000
Total Tangible Assets	13 000	16 000	20 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	16 000	20 000	38 000
Stock	32 000	29 000	40 000	24 000
Total Investments	0	0	0	0
Cash, Bank	302 000	379 000	516 000	222 000
Total Current Assets	361 000	426 000	590 000	297 000
Total Assets	374 000	442 000	610 000	334 000
Total Equity	−84 000	−51 000	−86 000	−290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	28 000	0	59 000
Unpaid Taxes	134 000	150 000	141 000	96 000
Dividends	0	0	0	0
Other Current Debt	281 000	314 000	555 000	469 000
Total Current Debt	458 000	492 000	697 000	624 000
Total Equity and Debt	374 000	442 000	610 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,48 %	−68,63 %	−236,05 %	1,38 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−0,88 %	0,87 %	5,98 %	−0,16 %
Current Ratio	0,79	0,87	0,85	0,48
Quick Ratio	0,85	0,92	0,9	0,5
Equity Ratio	−0,22	−0,12	−0,14	−0,87
Gross Profit Margin	61,53 %	63,03 %	66,3 %	61,75 %