PAXON AS

5537 HAUGESUND

Finances

Return on Equity

30,81 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 282 000	3 656 000	3 306 000	1 063 000
Net Income	330 000	2 130 000	550 000	−397 000
Total Assets	1 645 000	2 763 000	827 000	944 000
Total Equity	1 071 000	1 651 000	641 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 282 000	3 656 000	3 306 000	1 063 000
Expenditure	3 098 000	2 958 000	2 712 000	1 460 000
Operating Profit	184 000	698 000	594 000	−397 000
Financial Income	199 000	1 596 000	0	0
Financial Costs	0	0	5 000	0
Financial Balance	199 000	1 596 000	−5 000	0
Earnings Before Tax	383 000	2 294 000	589 000	−397 000
Tax	53 000	164 000	40 000	0
Net Income	330 000	2 130 000	550 000	−397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	117 000	117 000	0
Total Current Assets	1 508 000	2 646 000	710 000	944 000
Total Assets	1 645 000	2 763 000	827 000	944 000
Total Retained Equity	921 000	1 501 000	141 000	−408 000
Total Equity	1 071 000	1 651 000	641 000	92 000
Total Long-Term Debt	1 000	9 000	1 000	0
Total Current Debt	573 000	1 103 000	185 000	853 000
Total Equity and Debt	1 645 000	2 763 000	827 000	944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 282 000	3 656 000	3 306 000	1 063 000
Other Income	0	0	0	0
Revenue	3 282 000	3 656 000	3 306 000	1 063 000
Cost of Goods Sold	2 065 000	2 301 000	2 225 000	1 066 000
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 098 000	2 958 000	2 712 000	1 460 000
Operating Profit	184 000	698 000	594 000	−397 000
Financial Income	199 000	1 596 000	0	0
Financial Costs	0	0	5 000	0
Financial Balance	199 000	1 596 000	−5 000	0
Dividends	260 000	770 000	0	0
Net Income	330 000	2 130 000	550 000	−397 000

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	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	117 000	117 000	117 000	0
Total Fixed Assets	137 000	117 000	117 000	0
Stock	0	0	0	0
Total Investments	0	0	0	408 000
Cash, Bank	694 000	665 000	28 000	114 000
Total Current Assets	1 508 000	2 646 000	710 000	944 000
Total Assets	1 645 000	2 763 000	827 000	944 000
Total Equity	1 071 000	1 651 000	641 000	92 000
Short-Term Group Debt	14 000	0	0	0
Total Long-Term Debt	1 000	9 000	1 000	0
Creditors	215 000	177 000	108 000	847 000
Unpaid Taxes	8 000	0	29 000	0
Dividends	260 000	770 000	0	0
Other Current Debt	16 000	0	9 000	6 000
Total Current Debt	573 000	1 103 000	185 000	853 000
Total Equity and Debt	1 645 000	2 763 000	827 000	944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,81 %	129,01 %	85,8 %	−431,52 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	5,61 %	19,09 %	17,97 %	−37,35 %
Current Ratio	2,63	2,4	3,84	1,11
Quick Ratio	2,63	2,4	3,84	1,11
Equity Ratio	0,65	0,6	0,78	0,1
Gross Profit Margin	37,08 %	37,06 %	32,7 %	−0,28 %