PAX AS

5038 BERGEN

Finances

Share Ownership

Return on Equity

9,13 %

Current Ratio

5,32

Debt-to-Equity Ratio

14,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 380 000	3 795 000	4 960 000	1 277 000
Net Income	63 000	504 000	2 100 000	−43 000
Total Assets	10 702 000	11 128 000	12 455 000	13 110 000
Total Equity	690 000	626 000	123 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 380 000	3 795 000	4 960 000	1 277 000
Expenditure	822 000	2 838 000	2 365 000	814 000
Operating Profit	558 000	957 000	2 595 000	463 000
Financial Income	5 000	5 000	7 000	5 000
Financial Costs	486 000	426 000	502 000	512 000
Financial Balance	−481 000	−421 000	−495 000	−507 000
Earnings Before Tax	76 000	536 000	2 100 000	−43 000
Tax	13 000	33 000	0	0
Net Income	63 000	504 000	2 100 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 708 000	9 618 000	9 618 000	12 640 000
Total Current Assets	994 000	1 511 000	2 838 000	469 000
Total Assets	10 702 000	11 128 000	12 455 000	13 110 000
Total Retained Equity	590 000	526 000	23 000	−77 000
Total Equity	690 000	626 000	123 000	23 000
Total Long-Term Debt	9 826 000	9 826 000	9 826 000	12 678 000
Total Current Debt	187 000	676 000	2 507 000	409 000
Total Equity and Debt	10 702 000	11 128 000	12 455 000	13 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	426 000	2 368 000	1 604 000	0
Other Income	954 000	1 427 000	3 356 000	1 277 000
Revenue	1 380 000	3 795 000	4 960 000	1 277 000
Cost of Goods Sold	0	0	0	0
Salary Costs	557 000	2 496 000	1 847 000	340 000
Depreciation	0	0	0	15 000
Impairment	0	0	0	0
Expenditure	822 000	2 838 000	2 365 000	814 000
Operating Profit	558 000	957 000	2 595 000	463 000
Financial Income	5 000	5 000	7 000	5 000
Financial Costs	486 000	426 000	502 000	512 000
Financial Balance	−481 000	−421 000	−495 000	−507 000
Dividends	0	0	2 000 000	0
Net Income	63 000	504 000	2 100 000	−43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 708 000	9 618 000	9 618 000	12 640 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 708 000	9 618 000	9 618 000	12 640 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 708 000	9 618 000	9 618 000	12 640 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	959 000	1 456 000	2 743 000	355 000
Total Current Assets	994 000	1 511 000	2 838 000	469 000
Total Assets	10 702 000	11 128 000	12 455 000	13 110 000
Total Equity	690 000	626 000	123 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 826 000	9 826 000	9 826 000	12 678 000
Creditors	7 000	15 000	10 000	19 000
Unpaid Taxes	6 000	321 000	244 000	20 000
Dividends	0	0	2 000 000	0
Other Current Debt	161 000	308 000	253 000	370 000
Total Current Debt	187 000	676 000	2 507 000	409 000
Total Equity and Debt	10 702 000	11 128 000	12 455 000	13 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,13 %	80,51 %	1 707,32 %	−186,96 %
Debt-to-Equity Ratio	14,24	15,7	79,89	551,22
Operating Profit Margin	40,43 %	25,22 %	52,32 %	36,26 %
Current Ratio	5,32	2,24	1,13	1,15
Quick Ratio	5,32	2,24	1,13	1,15
Equity Ratio	0,06	0,06	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %