PAXPO AS

3941 PORSGRUNN

Finances

Return on Equity

53,85 %

Current Ratio

3,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 181 000	671 000	0	0
Net Income	608 000	452 000	−15 000	−28 000
Total Assets	1 518 000	1 018 000	319 000	8 000
Total Equity	1 129 000	621 000	319 000	2 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 181 000	671 000	0	0
Expenditure	374 000	171 000	15 000	28 000
Operating Profit	807 000	500 000	−15 000	−28 000
Financial Income	25 000	77 000	0	0
Financial Costs	41 000	11 000	0	0
Financial Balance	−16 000	66 000	0	0
Earnings Before Tax	791 000	566 000	−15 000	−28 000
Tax	182 000	114 000	0	0
Net Income	608 000	452 000	−15 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 518 000	1 018 000	319 000	8 000
Total Assets	1 518 000	1 018 000	319 000	8 000
Total Retained Equity	1 099 000	591 000	289 000	−28 000
Total Equity	1 129 000	621 000	319 000	2 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	389 000	397 000	0	6 000
Total Equity and Debt	1 518 000	1 018 000	319 000	8 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 181 000	671 000	0	0
Other Income	0	0	0	0
Revenue	1 181 000	671 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	275 000	129 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	374 000	171 000	15 000	28 000
Operating Profit	807 000	500 000	−15 000	−28 000
Financial Income	25 000	77 000	0	0
Financial Costs	41 000	11 000	0	0
Financial Balance	−16 000	66 000	0	0
Dividends	100 000	150 000	0	0
Net Income	608 000	452 000	−15 000	−28 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	565 000	355 000	0	0
Cash, Bank	913 000	659 000	4 000	8 000
Total Current Assets	1 518 000	1 018 000	319 000	8 000
Total Assets	1 518 000	1 018 000	319 000	8 000
Total Equity	1 129 000	621 000	319 000	2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	2 000	0	0
Unpaid Taxes	62 000	111 000	0	0
Dividends	100 000	150 000	0	0
Other Current Debt	34 000	20 000	0	6 000
Total Current Debt	389 000	397 000	0	6 000
Total Equity and Debt	1 518 000	1 018 000	319 000	8 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,85 %	72,79 %	−4,7 %	−1 400 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,33 %	74,52 %	-	-
Current Ratio	3,9	2,56	-	1,33
Quick Ratio	3,9	2,56	-	1,33
Equity Ratio	0,74	0,61	1	0,25
Gross Profit Margin	100 %	100 %	-	-