PAYTECH LABS AS

3184 BORRE

Finances

Return on Equity

−169,79 %

Current Ratio

0,31

Debt-to-Equity Ratio

2,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 642 000	9 096 000	6 814 000	1 964 000
Net Income	−9 284 000	−45 343 000	−6 928 000	−4 761 000
Total Assets	25 266 000	20 874 000	29 940 000	28 977 000
Total Equity	5 468 000	−4 607 000	14 095 000	21 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 642 000	9 096 000	6 814 000	1 964 000
Expenditure	27 099 000	53 451 000	13 577 000	6 533 000
Operating Profit	−14 457 000	−44 356 000	−6 763 000	−4 569 000
Financial Income	5 543 000	54 000	166 000	14 000
Financial Costs	371 000	1 040 000	331 000	108 000
Financial Balance	5 172 000	−986 000	−165 000	−94 000
Earnings Before Tax	−9 284 000	−45 343 000	−6 928 000	−4 663 000
Tax	0	0	0	0
Net Income	−9 284 000	−45 343 000	−6 928 000	−4 761 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 695 000	19 040 000	23 811 000	10 003 000
Total Current Assets	1 571 000	1 834 000	6 129 000	18 973 000
Total Assets	25 266 000	20 874 000	29 940 000	28 977 000
Total Retained Equity	−66 642 000	−57 357 000	−12 014 000	−5 087 000
Total Equity	5 468 000	−4 607 000	14 095 000	21 023 000
Total Long-Term Debt	14 732 000	10 782 000	10 782 000	4 500 000
Total Current Debt	5 066 000	14 700 000	5 063 000	3 454 000
Total Equity and Debt	25 266 000	20 874 000	29 940 000	28 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 202 000	8 648 000	6 267 000	1 964 000
Other Income	440 000	447 000	547 000	0
Revenue	12 642 000	9 096 000	6 814 000	1 964 000
Cost of Goods Sold	5 041 000	6 705 000	948 000	106 000
Salary Costs	3 351 000	6 169 000	5 328 000	1 626 000
Depreciation	6 707 000	4 677 000	1 109 000	2 000
Impairment	0	0	0	0
Expenditure	27 099 000	53 451 000	13 577 000	6 533 000
Operating Profit	−14 457 000	−44 356 000	−6 763 000	−4 569 000
Financial Income	5 543 000	54 000	166 000	14 000
Financial Costs	371 000	1 040 000	331 000	108 000
Financial Balance	5 172 000	−986 000	−165 000	−94 000
Dividends	0	0	0	0
Net Income	−9 284 000	−45 343 000	−6 928 000	−4 761 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 558 000	18 783 000	23 451 000	9 932 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	8 000	0	0
Fixtures	0	0	18 000	32 000
Total Tangible Assets	0	8 000	18 000	32 000
Total Fiancial Fixed Assets	137 000	249 000	342 000	39 000
Total Fixed Assets	23 695 000	19 040 000	23 811 000	10 003 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	840 000	514 000	2 046 000	16 503 000
Total Current Assets	1 571 000	1 834 000	6 129 000	18 973 000
Total Assets	25 266 000	20 874 000	29 940 000	28 977 000
Total Equity	5 468 000	−4 607 000	14 095 000	21 023 000
Short-Term Group Debt	703 000	5 146 000	24 000	0
Total Long-Term Debt	14 732 000	10 782 000	10 782 000	4 500 000
Creditors	3 014 000	3 164 000	1 096 000	1 932 000
Unpaid Taxes	70 000	402 000	475 000	238 000
Dividends	0	0	0	0
Other Current Debt	1 279 000	2 385 000	3 468 000	1 285 000
Total Current Debt	5 066 000	14 700 000	5 063 000	3 454 000
Total Equity and Debt	25 266 000	20 874 000	29 940 000	28 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−169,79 %	984,22 %	−49,15 %	−22,65 %
Debt-to-Equity Ratio	2,69	−2,34	0,76	0,21
Operating Profit Margin	−114,36 %	−487,64 %	−99,25 %	−232,64 %
Current Ratio	0,31	0,12	1,21	5,49
Quick Ratio	0,31	0,12	1,21	5,49
Equity Ratio	0,22	−0,22	0,47	0,73
Gross Profit Margin	60,12 %	26,29 %	86,09 %	94,6 %