PAY AS

7514 STJØRDAL

Finances

Return on Equity

24,9 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	495 000	220 000	20 000	0
Net Income	315 000	652 000	345 000	171 000
Total Assets	1 445 000	1 364 000	624 000	279 000
Total Equity	1 265 000	1 270 000	619 000	274 000

Income (NOK)	2022	2021	2020	2019
Revenue	495 000	220 000	20 000	0
Expenditure	168 000	8 000	3 000	3 000
Operating Profit	327 000	212 000	17 000	−3 000
Financial Income	0	450 000	328 000	175 000
Financial Costs	1 000	10 000	0	1 000
Financial Balance	−1 000	440 000	328 000	174 000
Earnings Before Tax	326 000	652 000	345 000	171 000
Tax	11 000	0	0	0
Net Income	315 000	652 000	345 000	171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	862 000	906 000	583 000	258 000
Total Current Assets	583 000	458 000	42 000	21 000
Total Assets	1 445 000	1 364 000	624 000	279 000
Total Retained Equity	1 233 000	918 000	266 000	−79 000
Total Equity	1 265 000	1 270 000	619 000	274 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	179 000	93 000	6 000	5 000
Total Equity and Debt	1 445 000	1 364 000	624 000	279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	495 000	220 000	20 000	0
Other Income	0	0	0	0
Revenue	495 000	220 000	20 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	8 000	3 000	3 000
Operating Profit	327 000	212 000	17 000	−3 000
Financial Income	0	450 000	328 000	175 000
Financial Costs	1 000	10 000	0	1 000
Financial Balance	−1 000	440 000	328 000	174 000
Dividends	0	0	0	0
Net Income	315 000	652 000	345 000	171 000

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	30 000	0	0	0
Total Tangible Assets	30 000	0	0	0
Total Fiancial Fixed Assets	832 000	906 000	583 000	258 000
Total Fixed Assets	862 000	906 000	583 000	258 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	583 000	57 000	22 000	21 000
Total Current Assets	583 000	458 000	42 000	21 000
Total Assets	1 445 000	1 364 000	624 000	279 000
Total Equity	1 265 000	1 270 000	619 000	274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	10 000	1 000	0
Unpaid Taxes	35 000	48 000	0	−1 000
Dividends	0	0	0	0
Other Current Debt	100 000	35 000	5 000	6 000
Total Current Debt	179 000	93 000	6 000	5 000
Total Equity and Debt	1 445 000	1 364 000	624 000	279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,9 %	51,34 %	55,74 %	62,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,06 %	96,36 %	85 %	-
Current Ratio	3,26	4,92	7	4,2
Quick Ratio	3,26	4,92	7	4,2
Equity Ratio	0,88	0,93	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	-