PAYEX NORGE AS

0153 OSLO

Finances

Share Ownership

Return on Equity

20,29 %

Current Ratio

11,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	218 835 000	282 316 000	261 334 000	202 750 000
Net Income	39 170 000	11 509 000	14 181 000	−21 009 000
Total Assets	210 028 000	182 354 000	156 044 000	226 771 000
Total Equity	193 009 000	153 840 000	131 041 000	116 860 000

Income (NOK)	2022	2021	2020	2019
Revenue	218 835 000	282 316 000	261 334 000	202 750 000
Expenditure	171 234 000	268 400 000	252 227 000	231 450 000
Operating Profit	47 600 000	13 916 000	9 107 000	−28 700 000
Financial Income	2 859 000	1 022 000	1 284 000	1 326 000
Financial Costs	32 000	159 000	−5 840 000	775 000
Financial Balance	2 827 000	863 000	7 124 000	551 000
Earnings Before Tax	50 427 000	14 779 000	16 231 000	−28 148 000
Tax	11 257 000	3 270 000	2 050 000	−7 139 000
Net Income	39 170 000	11 509 000	14 181 000	−21 009 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 676 000	23 570 000	36 386 000	37 326 000
Total Current Assets	198 352 000	158 784 000	119 658 000	189 445 000
Total Assets	210 028 000	182 354 000	156 044 000	226 771 000
Total Retained Equity	57 217 000	18 047 000	6 539 000	−7 643 000
Total Equity	193 009 000	153 840 000	131 041 000	116 860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 019 000	28 515 000	25 003 000	109 911 000
Total Equity and Debt	210 028 000	182 354 000	156 044 000	226 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 142 000	267 406 000	246 478 000	181 789 000
Other Income	71 693 000	14 910 000	14 856 000	20 961 000
Revenue	218 835 000	282 316 000	261 334 000	202 750 000
Cost of Goods Sold	35 976 000	56 265 000	43 102 000	45 172 000
Salary Costs	82 808 000	123 475 000	114 351 000	99 888 000
Depreciation	1 716 000	6 934 000	6 479 000	5 701 000
Impairment	0	0	0	0
Expenditure	171 234 000	268 400 000	252 227 000	231 450 000
Operating Profit	47 600 000	13 916 000	9 107 000	−28 700 000
Financial Income	2 859 000	1 022 000	1 284 000	1 326 000
Financial Costs	32 000	159 000	−5 840 000	775 000
Financial Balance	2 827 000	863 000	7 124 000	551 000
Dividends	0	0	0	0
Net Income	39 170 000	11 509 000	14 181 000	−21 009 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 077 000	12 752 000	24 894 000	32 038 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 064 000	1 283 000	1 957 000	2 807 000
Total Tangible Assets	1 064 000	1 283 000	1 957 000	2 807 000
Total Fiancial Fixed Assets	9 535 000	9 535 000	9 535 000	2 480 000
Total Fixed Assets	11 676 000	23 570 000	36 386 000	37 326 000
Stock	0	2 710 000	7 382 000	2 587 000
Total Investments	0	0	0	0
Cash, Bank	2 655 000	11 790 000	8 077 000	94 300 000
Total Current Assets	198 352 000	158 784 000	119 658 000	189 445 000
Total Assets	210 028 000	182 354 000	156 044 000	226 771 000
Total Equity	193 009 000	153 840 000	131 041 000	116 860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 452 000	2 730 000	2 288 000	1 184 000
Unpaid Taxes	3 844 000	6 907 000	6 475 000	5 706 000
Dividends	0	0	0	0
Other Current Debt	10 163 000	18 877 000	16 240 000	103 021 000
Total Current Debt	17 019 000	28 515 000	25 003 000	109 911 000
Total Equity and Debt	210 028 000	182 354 000	156 044 000	226 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,29 %	7,48 %	10,82 %	−17,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,75 %	4,93 %	3,48 %	−14,16 %
Current Ratio	11,65	5,57	4,79	1,72
Quick Ratio	11,65	6,15	6,79	1,77
Equity Ratio	0,92	0,84	0,84	0,52
Gross Profit Margin	83,56 %	80,07 %	83,51 %	77,72 %