PAXON STAVANGER AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

64,04 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 458 000	11 740 000	7 509 000	1 129 000
Net Income	641 000	1 202 000	1 005 000	53 000
Total Assets	4 315 000	4 339 000	2 846 000	1 076 000
Total Equity	1 001 000	750 000	1 148 000	442 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 458 000	11 740 000	7 509 000	1 129 000
Expenditure	12 623 000	10 197 000	6 220 000	1 064 000
Operating Profit	835 000	1 542 000	1 289 000	66 000
Financial Income	3 000	1 000	0	0
Financial Costs	7 000	1 000	0	0
Financial Balance	−4 000	0	0	0
Earnings Before Tax	831 000	1 542 000	1 289 000	66 000
Tax	190 000	340 000	284 000	12 000
Net Income	641 000	1 202 000	1 005 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	83 000	151 000	0
Total Current Assets	4 262 000	4 256 000	2 695 000	1 076 000
Total Assets	4 315 000	4 339 000	2 846 000	1 076 000
Total Retained Equity	901 000	650 000	1 048 000	42 000
Total Equity	1 001 000	750 000	1 148 000	442 000
Total Long-Term Debt	0	7 000	5 000	2 000
Total Current Debt	3 313 000	3 582 000	1 692 000	632 000
Total Equity and Debt	4 315 000	4 339 000	2 846 000	1 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 458 000	11 740 000	7 509 000	1 129 000
Other Income	0	0	0	0
Revenue	13 458 000	11 740 000	7 509 000	1 129 000
Cost of Goods Sold	1 098 000	713 000	334 000	442 000
Salary Costs	8 682 000	7 398 000	4 473 000	309 000
Depreciation	21 000	16 000	15 000	0
Impairment	0	0	0	0
Expenditure	12 623 000	10 197 000	6 220 000	1 064 000
Operating Profit	835 000	1 542 000	1 289 000	66 000
Financial Income	3 000	1 000	0	0
Financial Costs	7 000	1 000	0	0
Financial Balance	−4 000	0	0	0
Dividends	390 000	900 000	0	0
Net Income	641 000	1 202 000	1 005 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	73 000	60 000	0
Total Tangible Assets	52 000	73 000	60 000	0
Total Fiancial Fixed Assets	0	11 000	91 000	0
Total Fixed Assets	53 000	83 000	151 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 450 000	2 466 000	1 374 000	618 000
Total Current Assets	4 262 000	4 256 000	2 695 000	1 076 000
Total Assets	4 315 000	4 339 000	2 846 000	1 076 000
Total Equity	1 001 000	750 000	1 148 000	442 000
Short-Term Group Debt	153 000	153 000	0	0
Total Long-Term Debt	0	7 000	5 000	2 000
Creditors	514 000	606 000	183 000	390 000
Unpaid Taxes	1 171 000	880 000	667 000	200 000
Dividends	390 000	900 000	0	0
Other Current Debt	812 000	706 000	562 000	32 000
Total Current Debt	3 313 000	3 582 000	1 692 000	632 000
Total Equity and Debt	4 315 000	4 339 000	2 846 000	1 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,04 %	160,27 %	87,54 %	11,99 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	6,2 %	13,13 %	17,17 %	5,85 %
Current Ratio	1,29	1,19	1,59	1,7
Quick Ratio	1,29	1,19	1,59	1,7
Equity Ratio	0,23	0,17	0,4	0,41
Gross Profit Margin	91,84 %	93,93 %	95,55 %	60,85 %