PASSER PRODUCTS AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

−664,51 %

Current Ratio

0,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 501 000	140 652 000	305 923 000	185 419 000
Net Income	−9 363 000	−10 448 000	15 961 000	3 783 000
Total Assets	101 759 000	37 639 000	90 384 000	73 652 000
Total Equity	1 409 000	10 771 000	21 220 000	12 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 501 000	140 652 000	305 923 000	185 419 000
Expenditure	148 591 000	154 295 000	288 002 000	181 643 000
Operating Profit	−17 091 000	−13 642 000	17 921 000	3 775 000
Financial Income	10 390 000	7 160 000	11 626 000	4 997 000
Financial Costs	5 990 000	5 887 000	11 586 000	4 936 000
Financial Balance	4 400 000	1 273 000	40 000	61 000
Earnings Before Tax	−12 691 000	−12 369 000	17 961 000	3 836 000
Tax	−3 328 000	−1 921 000	2 001 000	53 000
Net Income	−9 363 000	−10 448 000	15 961 000	3 783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 340 000	14 010 000	20 727 000	10 715 000
Total Current Assets	84 419 000	23 628 000	69 657 000	62 936 000
Total Assets	101 759 000	37 639 000	90 384 000	73 652 000
Total Retained Equity	0	0	8 361 000	0
Total Equity	1 409 000	10 771 000	21 220 000	12 859 000
Total Long-Term Debt	0	0	1 921 000	0
Total Current Debt	100 350 000	26 867 000	67 243 000	60 792 000
Total Equity and Debt	101 759 000	37 639 000	90 384 000	73 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	131 501 000	140 652 000	305 923 000	185 419 000
Other Income	0	0	0	0
Revenue	131 501 000	140 652 000	305 923 000	185 419 000
Cost of Goods Sold	97 042 000	108 909 000	244 799 000	144 210 000
Salary Costs	35 460 000	32 110 000	32 221 000	26 241 000
Depreciation	632 000	1 189 000	1 509 000	2 139 000
Impairment	0	0	0	0
Expenditure	148 591 000	154 295 000	288 002 000	181 643 000
Operating Profit	−17 091 000	−13 642 000	17 921 000	3 775 000
Financial Income	10 390 000	7 160 000	11 626 000	4 997 000
Financial Costs	5 990 000	5 887 000	11 586 000	4 936 000
Financial Balance	4 400 000	1 273 000	40 000	61 000
Dividends	0	0	7 600 000	0
Net Income	−9 363 000	−10 448 000	15 961 000	3 783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 654 000	511 000	1 139 000	2 055 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	843 000	657 000	520 000	302 000
Total Tangible Assets	843 000	657 000	520 000	302 000
Total Fiancial Fixed Assets	12 842 000	12 842 000	19 068 000	8 358 000
Total Fixed Assets	17 340 000	14 010 000	20 727 000	10 715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 561 000	1 195 000	1 230 000	1 054 000
Total Current Assets	84 419 000	23 628 000	69 657 000	62 936 000
Total Assets	101 759 000	37 639 000	90 384 000	73 652 000
Total Equity	1 409 000	10 771 000	21 220 000	12 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 921 000	0
Creditors	15 075 000	15 039 000	25 002 000	30 049 000
Unpaid Taxes	11 127 000	2 183 000	2 315 000	1 927 000
Dividends	0	0	7 600 000	0
Other Current Debt	74 148 000	9 646 000	39 927 000	28 817 000
Total Current Debt	100 350 000	26 867 000	67 243 000	60 792 000
Total Equity and Debt	101 759 000	37 639 000	90 384 000	73 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−664,51 %	−97 %	75,22 %	29,42 %
Debt-to-Equity Ratio	0	0	0,09	0
Operating Profit Margin	−13 %	−9,7 %	5,86 %	2,04 %
Current Ratio	0,84	0,88	1,04	1,04
Quick Ratio	0,84	0,88	1,04	1,04
Equity Ratio	0,01	0,29	0,23	0,17
Gross Profit Margin	26,2 %	22,57 %	19,98 %	22,22 %