PANAMA PAPERS AS

9007 TROMSØ

Finances

Share Ownership

Return on Equity

−25,86 %

Current Ratio

21,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	699 000	679 000	453 000	493 000
Net Income	−75 000	201 000	68 000	66 000
Total Assets	304 000	230 000	104 000	54 000
Total Equity	290 000	365 000	164 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	699 000	679 000	453 000	493 000
Expenditure	772 000	417 000	358 000	409 000
Operating Profit	−73 000	262 000	95 000	85 000
Financial Income	2 000	0	3 000	0
Financial Costs	3 000	4 000	5 000	0
Financial Balance	−1 000	−4 000	−2 000	0
Earnings Before Tax	−74 000	258 000	93 000	85 000
Tax	2 000	57 000	25 000	19 000
Net Income	−75 000	201 000	68 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	304 000	230 000	104 000	54 000
Total Assets	304 000	230 000	104 000	54 000
Total Retained Equity	260 000	335 000	134 000	66 000
Total Equity	290 000	365 000	164 000	96 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 000	−136 000	−60 000	−42 000
Total Equity and Debt	304 000	230 000	104 000	54 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	699 000	679 000	453 000	493 000
Other Income	0	0	0	0
Revenue	699 000	679 000	453 000	493 000
Cost of Goods Sold	148 000	0	0	15 000
Salary Costs	0	107 000	65 000	92 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	772 000	417 000	358 000	409 000
Operating Profit	−73 000	262 000	95 000	85 000
Financial Income	2 000	0	3 000	0
Financial Costs	3 000	4 000	5 000	0
Financial Balance	−1 000	−4 000	−2 000	0
Dividends	0	0	0	0
Net Income	−75 000	201 000	68 000	66 000

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	0	0	0	0
Cash, Bank	48 000	190 000	98 000	60 000
Total Current Assets	304 000	230 000	104 000	54 000
Total Assets	304 000	230 000	104 000	54 000
Total Equity	290 000	365 000	164 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	20 000	0
Unpaid Taxes	0	9 000	16 000	35 000
Dividends	0	0	0	0
Other Current Debt	14 000	−203 000	−117 000	−95 000
Total Current Debt	14 000	−136 000	−60 000	−42 000
Total Equity and Debt	304 000	230 000	104 000	54 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,86 %	55,07 %	41,46 %	68,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,44 %	38,59 %	20,97 %	17,24 %
Current Ratio	21,71	−1,69	−1,73	−1,29
Quick Ratio	21,71	−1,69	−1,73	−1,29
Equity Ratio	0,95	1,59	1,58	1,78
Gross Profit Margin	78,83 %	100 %	100 %	96,96 %