PACKOVATION AS

3474 ÅROS

Finances

Share Ownership

Return on Equity

87,09 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 559 000	2 474 000	2 410 000	2 347 000
Net Income	1 147 000	1 450 000	1 265 000	1 270 000
Total Assets	4 333 000	5 136 000	5 882 000	5 840 000
Total Equity	1 317 000	1 170 000	920 000	1 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 559 000	2 474 000	2 410 000	2 347 000
Expenditure	1 062 000	585 000	681 000	603 000
Operating Profit	1 497 000	1 889 000	1 730 000	1 744 000
Financial Income	8 000	0	0	0
Financial Costs	35 000	31 000	108 000	117 000
Financial Balance	−27 000	−31 000	−108 000	−117 000
Earnings Before Tax	1 471 000	1 858 000	1 621 000	1 628 000
Tax	324 000	409 000	357 000	358 000
Net Income	1 147 000	1 450 000	1 265 000	1 270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 299 000	4 808 000	5 282 000	5 665 000
Total Current Assets	34 000	328 000	600 000	174 000
Total Assets	4 333 000	5 136 000	5 882 000	5 840 000
Total Retained Equity	1 217 000	1 070 000	820 000	971 000
Total Equity	1 317 000	1 170 000	920 000	1 036 000
Total Long-Term Debt	949 000	1 525 000	2 454 000	3 442 000
Total Current Debt	2 067 000	2 441 000	2 508 000	1 361 000
Total Equity and Debt	4 333 000	5 136 000	5 882 000	5 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 559 000	2 474 000	2 410 000	2 347 000
Revenue	2 559 000	2 474 000	2 410 000	2 347 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	513 000	513 000	515 000	513 000
Impairment	0	0	76 000	0
Expenditure	1 062 000	585 000	681 000	603 000
Operating Profit	1 497 000	1 889 000	1 730 000	1 744 000
Financial Income	8 000	0	0	0
Financial Costs	35 000	31 000	108 000	117 000
Financial Balance	−27 000	−31 000	−108 000	−117 000
Dividends	1 000 000	1 200 000	1 000 000	1 000 000
Net Income	1 147 000	1 450 000	1 265 000	1 270 000

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	4 083 000	4 596 000	5 075 000	5 665 000
Fixtures	0	0	0	0
Total Tangible Assets	4 083 000	4 596 000	5 075 000	5 665 000
Total Fiancial Fixed Assets	215 000	212 000	207 000	0
Total Fixed Assets	4 299 000	4 808 000	5 282 000	5 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	158 000
Total Current Assets	34 000	328 000	600 000	174 000
Total Assets	4 333 000	5 136 000	5 882 000	5 840 000
Total Equity	1 317 000	1 170 000	920 000	1 036 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	949 000	1 525 000	2 454 000	3 442 000
Creditors	68 000	67 000	111 000	0
Unpaid Taxes	0	67 000	602 000	60 000
Dividends	1 000 000	1 200 000	1 000 000	1 000 000
Other Current Debt	1 000 000	1 204 000	483 000	0
Total Current Debt	2 067 000	2 441 000	2 508 000	1 361 000
Total Equity and Debt	4 333 000	5 136 000	5 882 000	5 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,09 %	123,93 %	137,5 %	122,59 %
Debt-to-Equity Ratio	0,72	1,3	2,67	3,32
Operating Profit Margin	58,5 %	76,35 %	71,78 %	74,31 %
Current Ratio	0,02	0,13	0,24	0,13
Quick Ratio	0,02	0,13	0,24	0,13
Equity Ratio	0,3	0,23	0,16	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %