PANARK AS

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

−114,69 %

Current Ratio

4,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−84 000	521 000	808 000	1 221 000
Net Income	−859 000	43 000	93 000	279 000
Total Assets	946 000	1 815 000	1 883 000	1 822 000
Total Equity	749 000	1 608 000	1 565 000	1 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	−84 000	521 000	808 000	1 221 000
Expenditure	771 000	476 000	712 000	930 000
Operating Profit	−856 000	45 000	96 000	291 000
Financial Income	0	−1 000	0	1 000
Financial Costs	3 000	2 000	3 000	13 000
Financial Balance	−3 000	−3 000	−3 000	−12 000
Earnings Before Tax	−859 000	43 000	93 000	279 000
Tax	0	0	0	0
Net Income	−859 000	43 000	93 000	279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	7 000	7 000	7 000
Total Current Assets	938 000	1 807 000	1 875 000	1 815 000
Total Assets	946 000	1 815 000	1 883 000	1 822 000
Total Retained Equity	649 000	1 508 000	1 465 000	1 372 000
Total Equity	749 000	1 608 000	1 565 000	1 472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	196 000	207 000	317 000	350 000
Total Equity and Debt	946 000	1 815 000	1 883 000	1 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−84 000	521 000	808 000	1 221 000
Other Income	0	0	0	0
Revenue	−84 000	521 000	808 000	1 221 000
Cost of Goods Sold	0	0	0	0
Salary Costs	112 000	75 000	255 000	401 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	771 000	476 000	712 000	930 000
Operating Profit	−856 000	45 000	96 000	291 000
Financial Income	0	−1 000	0	1 000
Financial Costs	3 000	2 000	3 000	13 000
Financial Balance	−3 000	−3 000	−3 000	−12 000
Dividends	0	0	0	0
Net Income	−859 000	43 000	93 000	279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	7 000	7 000	7 000
Total Tangible Assets	7 000	7 000	7 000	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	7 000	7 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	140 000	29 000	226 000
Total Current Assets	938 000	1 807 000	1 875 000	1 815 000
Total Assets	946 000	1 815 000	1 883 000	1 822 000
Total Equity	749 000	1 608 000	1 565 000	1 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	9 000	0
Unpaid Taxes	22 000	1 000	24 000	44 000
Dividends	0	0	0	0
Other Current Debt	168 000	205 000	254 000	306 000
Total Current Debt	196 000	207 000	317 000	350 000
Total Equity and Debt	946 000	1 815 000	1 883 000	1 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,69 %	2,67 %	5,94 %	18,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1 019,05 %	8,64 %	11,88 %	23,83 %
Current Ratio	4,79	8,73	5,91	5,19
Quick Ratio	4,79	8,73	5,91	5,19
Equity Ratio	0,79	0,89	0,83	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %