PAECO AS

4020 STAVANGER

Finances

Return on Equity

22,01 %

Current Ratio

10,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 643 000	2 537 000	2 542 000	1 504 000
Net Income	1 535 000	2 418 000	1 943 000	1 053 000
Total Assets	7 711 000	6 043 000	3 679 000	1 403 000
Total Equity	6 973 000	5 438 000	3 020 000	1 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 643 000	2 537 000	2 542 000	1 504 000
Expenditure	106 000	181 000	135 000	181 000
Operating Profit	2 537 000	2 357 000	2 407 000	1 323 000
Financial Income	256 000	632 000	100 000	22 000
Financial Costs	712 000	65 000	38 000	0
Financial Balance	−456 000	567 000	62 000	22 000
Earnings Before Tax	2 081 000	2 924 000	2 469 000	1 345 000
Tax	546 000	507 000	526 000	292 000
Net Income	1 535 000	2 418 000	1 943 000	1 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 711 000	6 043 000	3 679 000	1 403 000
Total Assets	7 711 000	6 043 000	3 679 000	1 403 000
Total Retained Equity	6 948 000	5 413 000	2 996 000	1 053 000
Total Equity	6 973 000	5 438 000	3 020 000	1 078 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	738 000	605 000	659 000	326 000
Total Equity and Debt	7 711 000	6 043 000	3 679 000	1 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 643 000	2 537 000	2 542 000	1 504 000
Other Income	0	0	0	0
Revenue	2 643 000	2 537 000	2 542 000	1 504 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 000	37 000	21 000	121 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	106 000	181 000	135 000	181 000
Operating Profit	2 537 000	2 357 000	2 407 000	1 323 000
Financial Income	256 000	632 000	100 000	22 000
Financial Costs	712 000	65 000	38 000	0
Financial Balance	−456 000	567 000	62 000	22 000
Dividends	0	0	0	0
Net Income	1 535 000	2 418 000	1 943 000	1 053 000

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	5 666 000	5 285 000	2 880 000	303 000
Cash, Bank	1 217 000	260 000	152 000	1 100 000
Total Current Assets	7 711 000	6 043 000	3 679 000	1 403 000
Total Assets	7 711 000	6 043 000	3 679 000	1 403 000
Total Equity	6 973 000	5 438 000	3 020 000	1 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	3 000	3 000	4 000
Unpaid Taxes	149 000	95 000	130 000	20 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	10 000
Total Current Debt	738 000	605 000	659 000	326 000
Total Equity and Debt	7 711 000	6 043 000	3 679 000	1 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,01 %	44,46 %	64,34 %	97,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	95,99 %	92,91 %	94,69 %	87,97 %
Current Ratio	10,45	9,99	5,58	4,3
Quick Ratio	10,45	9,99	5,58	4,3
Equity Ratio	0,9	0,9	0,82	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %