PAPIRKORT AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

44,14 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 758 000	1 840 000	1 791 000	896 000
Net Income	490 000	290 000	379 000	64 000
Total Assets	2 226 000	1 075 000	899 000	379 000
Total Equity	1 110 000	619 000	480 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 758 000	1 840 000	1 791 000	896 000
Expenditure	3 156 000	1 468 000	1 299 000	811 000
Operating Profit	659 000	372 000	491 000	86 000
Financial Income	1 000	0	1 000	0
Financial Costs	9 000	1 000	7 000	3 000
Financial Balance	−8 000	−1 000	−6 000	−3 000
Earnings Before Tax	652 000	371 000	485 000	83 000
Tax	162 000	82 000	107 000	18 000
Net Income	490 000	290 000	379 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	130 000	0	0
Total Current Assets	2 121 000	945 000	899 000	379 000
Total Assets	2 226 000	1 075 000	899 000	379 000
Total Retained Equity	1 080 000	589 000	450 000	171 000
Total Equity	1 110 000	619 000	480 000	201 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 116 000	456 000	419 000	177 000
Total Equity and Debt	2 226 000	1 075 000	899 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 758 000	1 840 000	1 791 000	896 000
Other Income	0	0	0	0
Revenue	3 758 000	1 840 000	1 791 000	896 000
Cost of Goods Sold	1 138 000	501 000	732 000	399 000
Salary Costs	1 036 000	413 000	218 000	156 000
Depreciation	31 000	25 000	0	0
Impairment	0	0	0	0
Expenditure	3 156 000	1 468 000	1 299 000	811 000
Operating Profit	659 000	372 000	491 000	86 000
Financial Income	1 000	0	1 000	0
Financial Costs	9 000	1 000	7 000	3 000
Financial Balance	−8 000	−1 000	−6 000	−3 000
Dividends	0	0	100 000	0
Net Income	490 000	290 000	379 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	105 000	130 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	105 000	130 000	0	0
Stock	481 000	425 000	203 000	151 000
Total Investments	0	0	0	0
Cash, Bank	1 382 000	309 000	588 000	82 000
Total Current Assets	2 121 000	945 000	899 000	379 000
Total Assets	2 226 000	1 075 000	899 000	379 000
Total Equity	1 110 000	619 000	480 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	191 000	26 000	47 000	17 000
Unpaid Taxes	258 000	116 000	20 000	19 000
Dividends	0	0	100 000	0
Other Current Debt	500 000	229 000	144 000	123 000
Total Current Debt	1 116 000	456 000	419 000	177 000
Total Equity and Debt	2 226 000	1 075 000	899 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,14 %	46,85 %	78,96 %	31,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,54 %	20,22 %	27,41 %	9,6 %
Current Ratio	1,9	2,07	2,15	2,14
Quick Ratio	3,34	30,48	4,16	14,58
Equity Ratio	0,5	0,58	0,53	0,53
Gross Profit Margin	69,72 %	72,77 %	59,13 %	55,47 %