PAA HJØRNET AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

84,33 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 885 000	5 262 000	4 305 000	3 678 000
Net Income	522 000	893 000	429 000	22 000
Total Assets	2 124 000	2 610 000	1 556 000	1 291 000
Total Equity	619 000	596 000	557 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 885 000	5 262 000	4 305 000	3 678 000
Expenditure	4 182 000	4 075 000	3 681 000	3 578 000
Operating Profit	703 000	1 188 000	625 000	100 000
Financial Income	0	0	2 000	0
Financial Costs	35 000	43 000	72 000	71 000
Financial Balance	−35 000	−43 000	−70 000	−71 000
Earnings Before Tax	669 000	1 145 000	555 000	29 000
Tax	147 000	252 000	125 000	7 000
Net Income	522 000	893 000	429 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	47 000	93 000	193 000
Total Current Assets	2 002 000	2 563 000	1 463 000	1 098 000
Total Assets	2 124 000	2 610 000	1 556 000	1 291 000
Total Retained Equity	125 000	102 000	63 000	−366 000
Total Equity	619 000	596 000	557 000	128 000
Total Long-Term Debt	395 000	412 000	430 000	446 000
Total Current Debt	1 110 000	1 603 000	570 000	717 000
Total Equity and Debt	2 124 000	2 610 000	1 556 000	1 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 877 000	5 248 000	4 271 000	3 676 000
Other Income	8 000	14 000	34 000	1 000
Revenue	4 885 000	5 262 000	4 305 000	3 678 000
Cost of Goods Sold	2 559 000	2 485 000	2 150 000	2 006 000
Salary Costs	895 000	863 000	764 000	806 000
Depreciation	19 000	49 000	110 000	110 000
Impairment	0	0	0	0
Expenditure	4 182 000	4 075 000	3 681 000	3 578 000
Operating Profit	703 000	1 188 000	625 000	100 000
Financial Income	0	0	2 000	0
Financial Costs	35 000	43 000	72 000	71 000
Financial Balance	−35 000	−43 000	−70 000	−71 000
Dividends	0	515 000	0	0
Net Income	522 000	893 000	429 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	27 000	24 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	20 000	69 000	179 000
Total Tangible Assets	101 000	20 000	69 000	179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	122 000	47 000	93 000	193 000
Stock	612 000	670 000	577 000	787 000
Total Investments	0	0	0	0
Cash, Bank	1 241 000	949 000	834 000	22 000
Total Current Assets	2 002 000	2 563 000	1 463 000	1 098 000
Total Assets	2 124 000	2 610 000	1 556 000	1 291 000
Total Equity	619 000	596 000	557 000	128 000
Short-Term Group Debt	639 000	0	0	0
Total Long-Term Debt	395 000	412 000	430 000	446 000
Creditors	165 000	132 000	139 000	99 000
Unpaid Taxes	110 000	126 000	124 000	93 000
Dividends	0	515 000	0	0
Other Current Debt	195 000	1 185 000	171 000	118 000
Total Current Debt	1 110 000	1 603 000	570 000	717 000
Total Equity and Debt	2 124 000	2 610 000	1 556 000	1 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,33 %	149,83 %	77,02 %	17,19 %
Debt-to-Equity Ratio	0,64	0,69	0,77	3,48
Operating Profit Margin	14,39 %	22,58 %	14,52 %	2,72 %
Current Ratio	1,8	1,6	2,57	1,53
Quick Ratio	4,02	2,75	−209	−15,69
Equity Ratio	0,29	0,23	0,36	0,1
Gross Profit Margin	47,62 %	52,77 %	50,06 %	45,46 %