PAULSEN DRIFT AS

9517 ALTA

Finances

Share Ownership

Return on Equity

22,07 %

Current Ratio

2,62

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020
Revenue	2 957 000	2 378 000	865 000
Net Income	162 000	143 000	234 000
Total Assets	1 913 000	1 037 000	794 000
Total Equity	734 000	572 000	429 000

Income (NOK)	2022	2021	2020
Revenue	2 957 000	2 378 000	865 000
Expenditure	2 724 000	2 186 000	565 000
Operating Profit	232 000	192 000	299 000
Financial Income	8 000	0	0
Financial Costs	33 000	9 000	0
Financial Balance	−25 000	−9 000	0
Earnings Before Tax	208 000	184 000	299 000
Tax	46 000	40 000	64 000
Net Income	162 000	143 000	234 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 119 000	520 000	0
Total Current Assets	794 000	517 000	794 000
Total Assets	1 913 000	1 037 000	794 000
Total Retained Equity	534 000	372 000	229 000
Total Equity	734 000	572 000	429 000
Total Long-Term Debt	876 000	187 000	1 000
Total Current Debt	303 000	279 000	365 000
Total Equity and Debt	1 913 000	1 037 000	794 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 932 000	2 245 000	865 000
Other Income	1 025 000	134 000	0
Revenue	2 957 000	2 378 000	865 000
Cost of Goods Sold	18 000	106 000	86 000
Salary Costs	1 384 000	767 000	382 000
Depreciation	154 000	43 000	0
Impairment	0	0	0
Expenditure	2 724 000	2 186 000	565 000
Operating Profit	232 000	192 000	299 000
Financial Income	8 000	0	0
Financial Costs	33 000	9 000	0
Financial Balance	−25 000	−9 000	0
Dividends	0	0	0
Net Income	162 000	143 000	234 000

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	672 000	126 000	0
Fixtures	391 000	223 000	0
Total Tangible Assets	1 063 000	349 000	0
Total Fiancial Fixed Assets	56 000	172 000	0
Total Fixed Assets	1 119 000	520 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	544 000	334 000	675 000
Total Current Assets	794 000	517 000	794 000
Total Assets	1 913 000	1 037 000	794 000
Total Equity	734 000	572 000	429 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	876 000	187 000	1 000
Creditors	116 000	88 000	165 000
Unpaid Taxes	27 000	76 000	99 000
Dividends	0	0	0
Other Current Debt	161 000	107 000	37 000
Total Current Debt	303 000	279 000	365 000
Total Equity and Debt	1 913 000	1 037 000	794 000

Financial indicators	2022	2021	2020
Return on Equity	22,07 %	25 %	54,55 %
Debt-to-Equity Ratio	1,19	0,33	0
Operating Profit Margin	7,85 %	8,07 %	34,57 %
Current Ratio	2,62	1,85	2,18
Quick Ratio	2,62	1,85	2,18
Equity Ratio	0,38	0,55	0,54
Gross Profit Margin	99,39 %	95,54 %	90,06 %