PARA APARTMENTS AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

25,56 %

Current Ratio

6,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	788 000	686 000	336 000
Net Income	69 000	121 000	49 000
Total Assets	311 000	260 000	116 000
Total Equity	270 000	201 000	79 000

Income (NOK)	2022	2021	2020
Revenue	788 000	686 000	336 000
Expenditure	733 000	542 000	273 000
Operating Profit	55 000	145 000	63 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	53 000	145 000	63 000
Tax	−16 000	23 000	14 000
Net Income	69 000	121 000	49 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	69 000	29 000	25 000
Total Current Assets	242 000	231 000	91 000
Total Assets	311 000	260 000	116 000
Total Retained Equity	240 000	171 000	49 000
Total Equity	270 000	201 000	79 000
Total Long-Term Debt	1 000	1 000	6 000
Total Current Debt	40 000	59 000	31 000
Total Equity and Debt	311 000	260 000	116 000

Cash flow (NOK)	2022	2021	2020
Sales Income	366 000	0	0
Other Income	422 000	686 000	336 000
Revenue	788 000	686 000	336 000
Cost of Goods Sold	37 000	0	0
Salary Costs	207 000	122 000	0
Depreciation	7 000	2 000	0
Impairment	0	0	0
Expenditure	733 000	542 000	273 000
Operating Profit	55 000	145 000	63 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	0	0	0
Net Income	69 000	121 000	49 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	22 000	29 000	0
Total Tangible Assets	22 000	29 000	0
Total Fiancial Fixed Assets	47 000	0	25 000
Total Fixed Assets	69 000	29 000	25 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	150 000	201 000	91 000
Total Current Assets	242 000	231 000	91 000
Total Assets	311 000	260 000	116 000
Total Equity	270 000	201 000	79 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	6 000
Creditors	−15 000	−3 000	15 000
Unpaid Taxes	36 000	8 000	8 000
Dividends	0	0	0
Other Current Debt	43 000	17 000	0
Total Current Debt	40 000	59 000	31 000
Total Equity and Debt	311 000	260 000	116 000

Financial indicators	2022	2021	2020
Return on Equity	25,56 %	60,2 %	62,03 %
Debt-to-Equity Ratio	0	0	0,08
Operating Profit Margin	6,98 %	21,14 %	18,75 %
Current Ratio	6,05	3,92	2,94
Quick Ratio	6,05	3,92	2,94
Equity Ratio	0,87	0,77	0,68
Gross Profit Margin	95,3 %	100 %	100 %