THE PANDA AS

0581 OSLO

Finances

Share Ownership

Return on Equity

243,19 %

Current Ratio

1,26

Debt-to-Equity Ratio

3,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 735 000	7 392 000	2 070 000	52 000
Net Income	625 000	371 000	−733 000	−146 000
Total Assets	4 273 000	2 588 000	705 000	159 000
Total Equity	257 000	−368 000	−699 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 735 000	7 392 000	2 070 000	52 000
Expenditure	11 891 000	7 004 000	2 795 000	198 000
Operating Profit	844 000	389 000	−726 000	−146 000
Financial Income	1 000	0	1 000	0
Financial Costs	183 000	19 000	8 000	0
Financial Balance	−182 000	−19 000	−7 000	0
Earnings Before Tax	661 000	371 000	−733 000	−146 000
Tax	36 000	0	0	0
Net Income	625 000	371 000	−733 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	458 000	520 000	370 000	23 000
Total Current Assets	3 815 000	2 067 000	335 000	136 000
Total Assets	4 273 000	2 588 000	705 000	159 000
Total Retained Equity	77 000	−548 000	−879 000	−146 000
Total Equity	257 000	−368 000	−699 000	34 000
Total Long-Term Debt	988 000	1 283 000	887 000	0
Total Current Debt	3 028 000	1 673 000	517 000	126 000
Total Equity and Debt	4 273 000	2 588 000	705 000	159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 735 000	7 392 000	2 070 000	52 000
Other Income	0	0	0	0
Revenue	12 735 000	7 392 000	2 070 000	52 000
Cost of Goods Sold	1 468 000	1 257 000	772 000	10 000
Salary Costs	9 565 000	4 891 000	864 000	0
Depreciation	122 000	112 000	0	0
Impairment	0	0	0	0
Expenditure	11 891 000	7 004 000	2 795 000	198 000
Operating Profit	844 000	389 000	−726 000	−146 000
Financial Income	1 000	0	1 000	0
Financial Costs	183 000	19 000	8 000	0
Financial Balance	−182 000	−19 000	−7 000	0
Dividends	0	0	0	0
Net Income	625 000	371 000	−733 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	328 000	448 000	0	0
Total Intangible Assets	328 000	448 000	300 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	0	0	0
Total Tangible Assets	99 000	0	0	0
Total Fiancial Fixed Assets	31 000	72 000	70 000	23 000
Total Fixed Assets	458 000	520 000	370 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 047 000	1 321 000	238 000	81 000
Total Current Assets	3 815 000	2 067 000	335 000	136 000
Total Assets	4 273 000	2 588 000	705 000	159 000
Total Equity	257 000	−368 000	−699 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	988 000	1 283 000	887 000	0
Creditors	78 000	22 000	102 000	57 000
Unpaid Taxes	1 359 000	766 000	221 000	0
Dividends	0	0	0	0
Other Current Debt	1 555 000	885 000	194 000	69 000
Total Current Debt	3 028 000	1 673 000	517 000	126 000
Total Equity and Debt	4 273 000	2 588 000	705 000	159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	243,19 %	−100,82 %	104,86 %	−429,41 %
Debt-to-Equity Ratio	3,84	−3,49	−1,27	0
Operating Profit Margin	6,63 %	5,26 %	−35,07 %	−280,77 %
Current Ratio	1,26	1,24	0,65	1,08
Quick Ratio	1,26	1,24	0,65	1,08
Equity Ratio	0,06	−0,14	−0,99	0,21
Gross Profit Margin	88,47 %	83 %	62,71 %	80,77 %