PAX FORLAG AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−75,35 %

Current Ratio

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 456 000	18 883 000	18 051 000	19 709 000
Net Income	−4 680 000	2 742 000	352 000	3 304 000
Total Assets	11 745 000	18 432 000	13 268 000	16 797 000
Total Equity	6 211 000	10 891 000	8 149 000	7 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 456 000	18 883 000	18 051 000	19 709 000
Expenditure	19 772 000	15 585 000	17 368 000	15 474 000
Operating Profit	−5 316 000	3 298 000	683 000	4 235 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	13 000	1 000	1 000
Financial Balance	−14 000	−13 000	−1 000	1 000
Earnings Before Tax	−5 330 000	3 285 000	682 000	4 236 000
Tax	−650 000	543 000	330 000	932 000
Net Income	−4 680 000	2 742 000	352 000	3 304 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	100 000	100 000
Total Current Assets	11 645 000	18 332 000	13 168 000	16 697 000
Total Assets	11 745 000	18 432 000	13 268 000	16 797 000
Total Retained Equity	−789 000	3 891 000	1 149 000	797 000
Total Equity	6 211 000	10 891 000	8 149 000	7 797 000
Total Long-Term Debt	1 646 000	3 370 000	1 276 000	946 000
Total Current Debt	3 888 000	4 171 000	3 843 000	8 055 000
Total Equity and Debt	11 745 000	18 432 000	13 268 000	16 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 246 000	16 794 000	15 855 000	18 730 000
Other Income	1 210 000	2 089 000	2 196 000	978 000
Revenue	14 456 000	18 883 000	18 051 000	19 709 000
Cost of Goods Sold	7 586 000	1 182 000	1 698 000	2 149 000
Salary Costs	5 131 000	4 797 000	4 498 000	5 031 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 772 000	15 585 000	17 368 000	15 474 000
Operating Profit	−5 316 000	3 298 000	683 000	4 235 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	13 000	1 000	1 000
Financial Balance	−14 000	−13 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	−4 680 000	2 742 000	352 000	3 304 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	100 000	100 000	100 000	100 000
Stock	5 137 000	10 500 000	8 000 000	6 500 000
Total Investments	0	0	0	0
Cash, Bank	3 267 000	2 817 000	1 705 000	4 474 000
Total Current Assets	11 645 000	18 332 000	13 168 000	16 697 000
Total Assets	11 745 000	18 432 000	13 268 000	16 797 000
Total Equity	6 211 000	10 891 000	8 149 000	7 797 000
Short-Term Group Debt	796 000	820 000	0	0
Total Long-Term Debt	1 646 000	3 370 000	1 276 000	946 000
Creditors	295 000	337 000	297 000	336 000
Unpaid Taxes	975 000	629 000	899 000	1 056 000
Dividends	0	0	0	0
Other Current Debt	1 822 000	2 385 000	2 647 000	6 662 000
Total Current Debt	3 888 000	4 171 000	3 843 000	8 055 000
Total Equity and Debt	11 745 000	18 432 000	13 268 000	16 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,35 %	25,18 %	4,32 %	42,38 %
Debt-to-Equity Ratio	0,27	0,31	0,16	0,12
Operating Profit Margin	−36,77 %	17,47 %	3,78 %	21,49 %
Current Ratio	3	4,4	3,43	2,07
Quick Ratio	−9,32	−2,9	−3,17	10,74
Equity Ratio	0,53	0,59	0,61	0,46
Gross Profit Margin	47,52 %	93,74 %	90,59 %	89,1 %