Papermill A/S

0275 OSLO

Finances

Share Ownership

Return on Equity

10,62 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 450 000	4 123 000	4 537 000	6 025 000
Net Income	305 000	285 000	535 000	185 000
Total Assets	3 894 000	3 147 000	3 030 000	2 436 000
Total Equity	2 873 000	2 568 000	2 283 000	1 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 450 000	4 123 000	4 537 000	6 025 000
Expenditure	5 073 000	3 760 000	3 852 000	5 784 000
Operating Profit	378 000	363 000	685 000	241 000
Financial Income	15 000	3 000	4 000	1 000
Financial Costs	0	0	3 000	5 000
Financial Balance	15 000	3 000	1 000	−4 000
Earnings Before Tax	393 000	366 000	685 000	237 000
Tax	88 000	81 000	150 000	52 000
Net Income	305 000	285 000	535 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	2 000	2 000	6 000
Total Current Assets	3 749 000	3 144 000	3 027 000	2 430 000
Total Assets	3 894 000	3 147 000	3 030 000	2 436 000
Total Retained Equity	2 497 000	2 192 000	1 906 000	1 371 000
Total Equity	2 873 000	2 568 000	2 283 000	1 747 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 020 000	578 000	747 000	688 000
Total Equity and Debt	3 894 000	3 147 000	3 030 000	2 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 450 000	4 123 000	4 013 000	6 025 000
Other Income	0	0	524 000	0
Revenue	5 450 000	4 123 000	4 537 000	6 025 000
Cost of Goods Sold	3 612 000	2 591 000	2 650 000	3 889 000
Salary Costs	897 000	620 000	617 000	1 056 000
Depreciation	0	0	1 000	13 000
Impairment	0	0	0	0
Expenditure	5 073 000	3 760 000	3 852 000	5 784 000
Operating Profit	378 000	363 000	685 000	241 000
Financial Income	15 000	3 000	4 000	1 000
Financial Costs	0	0	3 000	5 000
Financial Balance	15 000	3 000	1 000	−4 000
Dividends	0	0	0	0
Net Income	305 000	285 000	535 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	142 000	0	0	0
Total Fixed Assets	144 000	2 000	2 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 769 000	2 480 000	2 443 000	1 746 000
Total Current Assets	3 749 000	3 144 000	3 027 000	2 430 000
Total Assets	3 894 000	3 147 000	3 030 000	2 436 000
Total Equity	2 873 000	2 568 000	2 283 000	1 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	279 000	179 000	300 000	119 000
Unpaid Taxes	438 000	120 000	183 000	283 000
Dividends	0	0	0	0
Other Current Debt	215 000	198 000	117 000	234 000
Total Current Debt	1 020 000	578 000	747 000	688 000
Total Equity and Debt	3 894 000	3 147 000	3 030 000	2 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,62 %	11,1 %	23,43 %	10,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,94 %	8,8 %	15,1 %	4 %
Current Ratio	3,68	5,44	4,05	3,53
Quick Ratio	3,68	5,44	4,05	3,53
Equity Ratio	0,74	0,82	0,75	0,72
Gross Profit Margin	33,72 %	37,16 %	41,59 %	35,45 %