PARAGON DRIFT AS

3746 SKIEN

Finances

Return on Equity

11,51 %

Current Ratio

1,88

Debt-to-Equity Ratio

3,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 340 000	19 173 000	11 598 000	−607 000
Total Assets	56 671 000	64 322 000	55 202 000	40 883 000
Total Equity	11 641 000	11 294 000	10 884 000	10 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	71 000	30 000	36 000	31 000
Operating Profit	−71 000	−30 000	−36 000	−31 000
Financial Income	4 059 000	25 632 000	16 123 000	437 000
Financial Costs	2 367 000	1 136 000	1 218 000	1 306 000
Financial Balance	1 692 000	24 496 000	14 905 000	−869 000
Earnings Before Tax	1 621 000	24 466 000	14 870 000	−900 000
Tax	280 000	5 292 000	3 271 000	−294 000
Net Income	1 340 000	19 173 000	11 598 000	−607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 579 000	39 077 000	39 077 000	39 077 000
Total Current Assets	3 092 000	25 245 000	16 125 000	1 806 000
Total Assets	56 671 000	64 322 000	55 202 000	40 883 000
Total Retained Equity	1 191 000	844 000	434 000	434 000
Total Equity	11 641 000	11 294 000	10 884 000	10 884 000
Total Long-Term Debt	43 388 000	53 028 000	44 318 000	29 999 000
Total Current Debt	1 642 000	0	0	0
Total Equity and Debt	56 671 000	64 322 000	55 202 000	40 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	71 000	30 000	36 000	31 000
Operating Profit	−71 000	−30 000	−36 000	−31 000
Financial Income	4 059 000	25 632 000	16 123 000	437 000
Financial Costs	2 367 000	1 136 000	1 218 000	1 306 000
Financial Balance	1 692 000	24 496 000	14 905 000	−869 000
Dividends	0	0	0	0
Net Income	1 340 000	19 173 000	11 598 000	−607 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	53 579 000	39 077 000	39 077 000	39 077 000
Total Fixed Assets	53 579 000	39 077 000	39 077 000	39 077 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	35 000	1 000	122 000
Total Current Assets	3 092 000	25 245 000	16 125 000	1 806 000
Total Assets	56 671 000	64 322 000	55 202 000	40 883 000
Total Equity	11 641 000	11 294 000	10 884 000	10 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 388 000	53 028 000	44 318 000	29 999 000
Creditors	25 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 617 000	0	0	0
Total Current Debt	1 642 000	0	0	0
Total Equity and Debt	56 671 000	64 322 000	55 202 000	40 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,51 %	169,76 %	106,56 %	−5,58 %
Debt-to-Equity Ratio	3,73	4,7	4,07	2,76
Operating Profit Margin	-	-	-	-
Current Ratio	1,88	-	-	-
Quick Ratio	1,88	-	-	-
Equity Ratio	0,21	0,18	0,2	0,27
Gross Profit Margin	-	-	-	-