PARTY KING & QUEEN AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

59,78 %

Current Ratio

2,6

Debt-to-Equity Ratio

5,36

Key figures (NOK)	2022	2021	2020
Revenue	22 609 000	17 194 000	3 135 000
Net Income	553 000	681 000	−187 000
Total Assets	8 408 000	8 113 000	4 456 000
Total Equity	925 000	524 000	−157 000

Income (NOK)	2022	2021	2020
Revenue	22 609 000	17 194 000	3 135 000
Expenditure	21 849 000	16 297 000	3 341 000
Operating Profit	761 000	897 000	−207 000
Financial Income	13 000	56 000	13 000
Financial Costs	63 000	80 000	46 000
Financial Balance	−50 000	−24 000	−33 000
Earnings Before Tax	711 000	873 000	−240 000
Tax	158 000	192 000	−53 000
Net Income	553 000	681 000	−187 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 850 000	2 278 000	981 000
Total Current Assets	6 558 000	5 836 000	3 475 000
Total Assets	8 408 000	8 113 000	4 456 000
Total Retained Equity	895 000	494 000	−187 000
Total Equity	925 000	524 000	−157 000
Total Long-Term Debt	4 959 000	5 836 000	3 750 000
Total Current Debt	2 524 000	1 753 000	863 000
Total Equity and Debt	8 408 000	8 113 000	4 456 000

Cash flow (NOK)	2022	2021	2020
Sales Income	22 609 000	17 037 000	3 071 000
Other Income	0	157 000	64 000
Revenue	22 609 000	17 194 000	3 135 000
Cost of Goods Sold	6 705 000	5 935 000	1 128 000
Salary Costs	6 182 000	3 894 000	679 000
Depreciation	518 000	185 000	103 000
Impairment	0	0	0
Expenditure	21 849 000	16 297 000	3 341 000
Operating Profit	761 000	897 000	−207 000
Financial Income	13 000	56 000	13 000
Financial Costs	63 000	80 000	46 000
Financial Balance	−50 000	−24 000	−33 000
Dividends	0	0	0
Net Income	553 000	681 000	−187 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	53 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 850 000	2 278 000	929 000
Total Tangible Assets	1 850 000	2 278 000	929 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 850 000	2 278 000	981 000
Stock	5 567 000	3 872 000	1 867 000
Total Investments	0	0	0
Cash, Bank	639 000	1 569 000	1 166 000
Total Current Assets	6 558 000	5 836 000	3 475 000
Total Assets	8 408 000	8 113 000	4 456 000
Total Equity	925 000	524 000	−157 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 959 000	5 836 000	3 750 000
Creditors	1 037 000	828 000	588 000
Unpaid Taxes	550 000	509 000	220 000
Dividends	0	0	0
Other Current Debt	695 000	363 000	55 000
Total Current Debt	2 524 000	1 753 000	863 000
Total Equity and Debt	8 408 000	8 113 000	4 456 000

Financial indicators	2022	2021	2020
Return on Equity	59,78 %	129,96 %	119,11 %
Debt-to-Equity Ratio	5,36	11,14	−23,89
Operating Profit Margin	3,37 %	5,22 %	−6,6 %
Current Ratio	2,6	3,33	4,03
Quick Ratio	−2,16	−2,75	−3,46
Equity Ratio	0,11	0,06	−0,04
Gross Profit Margin	70,34 %	65,48 %	64,02 %