PAPIRFLY AS

0164 OSLO

Finances

Return on Equity

−14,54 %

Current Ratio

0,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 409 000	65 995 000	100 494 000	86 992 000
Net Income	−22 118 000	−4 365 000	−18 611 000	−9 143 000
Total Assets	267 489 000	146 849 000	109 675 000	100 427 000
Total Equity	152 146 000	86 967 000	47 945 000	22 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 409 000	65 995 000	100 494 000	86 992 000
Expenditure	167 480 000	73 201 000	113 024 000	92 831 000
Operating Profit	−26 071 000	−7 205 000	−12 531 000	−5 839 000
Financial Income	2 915 000	1 972 000	16 000	182 000
Financial Costs	5 955 000	2 172 000	4 965 000	2 490 000
Financial Balance	−3 040 000	−200 000	−4 949 000	−2 308 000
Earnings Before Tax	−29 112 000	−7 405 000	−17 481 000	−8 146 000
Tax	−6 994 000	−3 040 000	1 130 000	997 000
Net Income	−22 118 000	−4 365 000	−18 611 000	−9 143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 959 000	95 476 000	66 416 000	77 729 000
Total Current Assets	49 530 000	51 372 000	43 259 000	22 698 000
Total Assets	267 489 000	146 849 000	109 675 000	100 427 000
Total Retained Equity	58 955 000	7 964 000	−20 280 000	−9 434 000
Total Equity	152 146 000	86 967 000	47 945 000	22 290 000
Total Long-Term Debt	0	0	26 590 000	37 240 000
Total Current Debt	115 343 000	59 881 000	35 140 000	40 897 000
Total Equity and Debt	267 489 000	146 849 000	109 675 000	100 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 187 000	64 159 000	100 494 000	86 992 000
Other Income	1 223 000	1 836 000	0	0
Revenue	141 409 000	65 995 000	100 494 000	86 992 000
Cost of Goods Sold	16 960 000	15 708 000	11 430 000	916 000
Salary Costs	78 102 000	18 434 000	46 115 000	48 395 000
Depreciation	14 250 000	9 635 000	23 837 000	19 846 000
Impairment	0	0	0	0
Expenditure	167 480 000	73 201 000	113 024 000	92 831 000
Operating Profit	−26 071 000	−7 205 000	−12 531 000	−5 839 000
Financial Income	2 915 000	1 972 000	16 000	182 000
Financial Costs	5 955 000	2 172 000	4 965 000	2 490 000
Financial Balance	−3 040 000	−200 000	−4 949 000	−2 308 000
Dividends	0	0	0	0
Net Income	−22 118 000	−4 365 000	−18 611 000	−9 143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	1 083 000	35 924 000	51 178 000
Total Intangible Assets	51 705 000	24 922 000	64 494 000	76 342 000
Real Eastate	0	0	128 000	0
Machinery and Plant Facilities	776 000	351 000	1 127 000	721 000
Fixtures	0	0	666 000	666 000
Total Tangible Assets	776 000	351 000	1 922 000	1 388 000
Total Fiancial Fixed Assets	165 478 000	70 203 000	0	0
Total Fixed Assets	217 959 000	95 476 000	66 416 000	77 729 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 191 000	6 248 000	16 809 000	5 439 000
Total Current Assets	49 530 000	51 372 000	43 259 000	22 698 000
Total Assets	267 489 000	146 849 000	109 675 000	100 427 000
Total Equity	152 146 000	86 967 000	47 945 000	22 290 000
Short-Term Group Debt	46 979 000	22 538 000	0	0
Total Long-Term Debt	0	0	26 590 000	37 240 000
Creditors	22 128 000	9 836 000	5 763 000	3 291 000
Unpaid Taxes	7 681 000	3 758 000	5 738 000	6 766 000
Dividends	0	0	0	0
Other Current Debt	34 759 000	10 276 000	23 638 000	30 692 000
Total Current Debt	115 343 000	59 881 000	35 140 000	40 897 000
Total Equity and Debt	267 489 000	146 849 000	109 675 000	100 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,54 %	−5,02 %	−38,82 %	−41,02 %
Debt-to-Equity Ratio	0	0	0,55	1,67
Operating Profit Margin	−18,44 %	−10,92 %	−12,47 %	−6,71 %
Current Ratio	0,43	0,86	1,23	0,56
Quick Ratio	0,43	0,86	1,23	0,56
Equity Ratio	0,57	0,59	0,44	0,22
Gross Profit Margin	88,01 %	76,2 %	88,63 %	98,95 %