PATECO AS

2170 FENSTAD

Finances

Return on Equity

1,77 %

Current Ratio

30,31

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	47 395 000
Net Income	1 995 000	11 893 000	18 165 000	10 268 000
Total Assets	132 469 000	139 733 000	171 425 000	256 537 000
Total Equity	112 522 000	110 527 000	150 759 000	181 738 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	47 395 000
Expenditure	133 000	225 000	244 000	62 898 000
Operating Profit	−133 000	−225 000	−244 000	6 495 000
Financial Income	8 415 000	12 101 000	26 295 000	6 384 000
Financial Costs	6 226 000	0	7 845 000	1 208 000
Financial Balance	2 189 000	12 101 000	18 450 000	5 176 000
Earnings Before Tax	2 056 000	11 876 000	18 206 000	11 672 000
Tax	61 000	−17 000	41 000	1 405 000
Net Income	1 995 000	11 893 000	18 165 000	10 268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 011 000	84 393 000	90 581 000	31 560 000
Total Current Assets	41 458 000	55 340 000	80 844 000	224 977 000
Total Assets	132 469 000	139 733 000	171 425 000	256 537 000
Total Retained Equity	104 625 000	102 631 000	140 214 000	171 193 000
Total Equity	112 522 000	110 527 000	150 759 000	181 738 000
Total Long-Term Debt	18 578 000	25 435 000	20 535 000	47 326 000
Total Current Debt	1 368 000	3 770 000	131 000	27 473 000
Total Equity and Debt	132 469 000	139 733 000	171 425 000	256 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	47 247 000
Other Income	0	0	0	149 000
Revenue	0	0	0	47 395 000
Cost of Goods Sold	0	0	0	43 452 000
Salary Costs	0	0	0	14 164 000
Depreciation	0	0	0	360 000
Impairment	0	0	0	0
Expenditure	133 000	225 000	244 000	62 898 000
Operating Profit	−133 000	−225 000	−244 000	6 495 000
Financial Income	8 415 000	12 101 000	26 295 000	6 384 000
Financial Costs	6 226 000	0	7 845 000	1 208 000
Financial Balance	2 189 000	12 101 000	18 450 000	5 176 000
Dividends	0	0	0	0
Net Income	1 995 000	11 893 000	18 165 000	10 268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	58 000	42 000	1 500 000
Real Eastate	0	0	0	4 820 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	988 000
Total Tangible Assets	0	0	0	5 808 000
Total Fiancial Fixed Assets	91 011 000	84 335 000	90 539 000	24 252 000
Total Fixed Assets	91 011 000	84 393 000	90 581 000	31 560 000
Stock	0	0	0	128 588 000
Total Investments	36 330 000	44 527 000	68 354 000	68 484 000
Cash, Bank	1 475 000	10 795 000	3 491 000	27 468 000
Total Current Assets	41 458 000	55 340 000	80 844 000	224 977 000
Total Assets	132 469 000	139 733 000	171 425 000	256 537 000
Total Equity	112 522 000	110 527 000	150 759 000	181 738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 578 000	25 435 000	20 535 000	47 326 000
Creditors	0	0	0	4 348 000
Unpaid Taxes	0	0	0	2 303 000
Dividends	0	0	0	0
Other Current Debt	1 368 000	3 770 000	130 000	6 067 000
Total Current Debt	1 368 000	3 770 000	131 000	27 473 000
Total Equity and Debt	132 469 000	139 733 000	171 425 000	256 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,77 %	10,76 %	12,05 %	5,65 %
Debt-to-Equity Ratio	0,17	0,23	0,14	0,26
Operating Profit Margin	-	-	-	13,7 %
Current Ratio	30,31	14,68	617,13	8,19
Quick Ratio	30,31	14,68	617,13	−2,22
Equity Ratio	0,85	0,79	0,88	0,71
Gross Profit Margin	-	-	-	8,32 %