PAPA ROCK AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

57,69 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 800 000	1 827 000	1 990 000	490 000
Net Income	150 000	−26 000	30 000	81 000
Total Assets	1 019 000	867 000	983 000	1 132 000
Total Equity	260 000	110 000	136 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 800 000	1 827 000	1 990 000	490 000
Expenditure	1 596 000	1 847 000	1 934 000	387 000
Operating Profit	204 000	−20 000	56 000	103 000
Financial Income	0	0	0	0
Financial Costs	12 000	13 000	18 000	0
Financial Balance	−12 000	−13 000	−18 000	0
Earnings Before Tax	192 000	−33 000	38 000	103 000
Tax	42 000	−7 000	8 000	21 000
Net Income	150 000	−26 000	30 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 000	263 000	297 000	330 000
Total Current Assets	789 000	603 000	687 000	802 000
Total Assets	1 019 000	867 000	983 000	1 132 000
Total Retained Equity	230 000	80 000	106 000	76 000
Total Equity	260 000	110 000	136 000	106 000
Total Long-Term Debt	177 000	236 000	310 000	14 000
Total Current Debt	583 000	521 000	538 000	1 012 000
Total Equity and Debt	1 019 000	867 000	983 000	1 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 684 000	1 759 000	1 934 000	490 000
Other Income	116 000	68 000	56 000	1 000
Revenue	1 800 000	1 827 000	1 990 000	490 000
Cost of Goods Sold	1 058 000	1 178 000	1 157 000	331 000
Salary Costs	107 000	231 000	388 000	35 000
Depreciation	33 000	33 000	33 000	3 000
Impairment	0	0	0	0
Expenditure	1 596 000	1 847 000	1 934 000	387 000
Operating Profit	204 000	−20 000	56 000	103 000
Financial Income	0	0	0	0
Financial Costs	12 000	13 000	18 000	0
Financial Balance	−12 000	−13 000	−18 000	0
Dividends	0	0	0	0
Net Income	150 000	−26 000	30 000	81 000

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	230 000	263 000	297 000	330 000
Total Tangible Assets	230 000	263 000	297 000	330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	230 000	263 000	297 000	330 000
Stock	550 000	483 000	414 000	364 000
Total Investments	0	0	0	0
Cash, Bank	162 000	69 000	225 000	428 000
Total Current Assets	789 000	603 000	687 000	802 000
Total Assets	1 019 000	867 000	983 000	1 132 000
Total Equity	260 000	110 000	136 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	236 000	310 000	14 000
Creditors	158 000	121 000	96 000	617 000
Unpaid Taxes	37 000	34 000	60 000	51 000
Dividends	0	0	0	0
Other Current Debt	355 000	366 000	378 000	336 000
Total Current Debt	583 000	521 000	538 000	1 012 000
Total Equity and Debt	1 019 000	867 000	983 000	1 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,69 %	−23,64 %	22,06 %	76,42 %
Debt-to-Equity Ratio	0,68	2,15	2,28	0,13
Operating Profit Margin	11,33 %	−1,09 %	2,81 %	21,02 %
Current Ratio	1,35	1,16	1,28	0,79
Quick Ratio	23,91	15,87	5,54	1,24
Equity Ratio	0,26	0,13	0,14	0,09
Gross Profit Margin	41,22 %	35,52 %	41,86 %	32,45 %