PAPAS RESTAURANT LANGESUND AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

−5,31 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 439 000	4 235 000	4 121 000	3 203 000
Net Income	−56 000	454 000	700 000	448 000
Total Assets	1 418 000	1 866 000	2 753 000	2 017 000
Total Equity	1 054 000	1 068 000	615 000	1 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 439 000	4 235 000	4 121 000	3 203 000
Expenditure	4 499 000	3 665 000	3 216 000	2 627 000
Operating Profit	−60 000	571 000	904 000	576 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−60 000	571 000	904 000	576 000
Tax	−4 000	117 000	204 000	129 000
Net Income	−56 000	454 000	700 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 153 000	1 421 000	2 609 000	1 723 000
Total Current Assets	266 000	445 000	145 000	294 000
Total Assets	1 418 000	1 866 000	2 753 000	2 017 000
Total Retained Equity	662 000	718 000	265 000	1 065 000
Total Equity	1 054 000	1 068 000	615 000	1 415 000
Total Long-Term Debt	0	321 000	317 000	317 000
Total Current Debt	364 000	476 000	1 821 000	285 000
Total Equity and Debt	1 418 000	1 866 000	2 753 000	2 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 439 000	4 230 000	4 121 000	3 203 000
Other Income	0	5 000	0	0
Revenue	4 439 000	4 235 000	4 121 000	3 203 000
Cost of Goods Sold	1 088 000	997 000	1 022 000	842 000
Salary Costs	1 882 000	1 345 000	1 097 000	736 000
Depreciation	120 000	72 000	96 000	92 000
Impairment	0	0	0	0
Expenditure	4 499 000	3 665 000	3 216 000	2 627 000
Operating Profit	−60 000	571 000	904 000	576 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	1 500 000	0
Net Income	−56 000	454 000	700 000	448 000

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	395 000	515 000	56 000	152 000
Total Tangible Assets	395 000	515 000	56 000	152 000
Total Fiancial Fixed Assets	757 000	906 000	2 553 000	1 570 000
Total Fixed Assets	1 153 000	1 421 000	2 609 000	1 723 000
Stock	51 000	63 000	23 000	30 000
Total Investments	0	0	0	0
Cash, Bank	146 000	321 000	81 000	154 000
Total Current Assets	266 000	445 000	145 000	294 000
Total Assets	1 418 000	1 866 000	2 753 000	2 017 000
Total Equity	1 054 000	1 068 000	615 000	1 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	321 000	317 000	317 000
Creditors	5 000	39 000	19 000	59 000
Unpaid Taxes	88 000	45 000	18 000	15 000
Dividends	0	0	1 500 000	0
Other Current Debt	271 000	279 000	81 000	82 000
Total Current Debt	364 000	476 000	1 821 000	285 000
Total Equity and Debt	1 418 000	1 866 000	2 753 000	2 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,31 %	42,51 %	113,82 %	31,66 %
Debt-to-Equity Ratio	0	0,3	0,52	0,22
Operating Profit Margin	−1,35 %	13,48 %	21,94 %	17,98 %
Current Ratio	0,73	0,93	0,08	1,03
Quick Ratio	0,85	1,08	0,08	1,15
Equity Ratio	0,74	0,57	0,22	0,7
Gross Profit Margin	75,49 %	76,46 %	75,2 %	73,71 %