FIRST PA AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

−40,26 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 888 000	9 860 000	8 434 000	13 542 000
Net Income	−126 000	−245 000	−933 000	245 000
Total Assets	2 042 000	3 950 000	1 676 000	5 727 000
Total Equity	313 000	439 000	−116 000	817 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 888 000	9 860 000	8 434 000	13 542 000
Expenditure	12 003 000	10 114 000	9 540 000	13 113 000
Operating Profit	−115 000	−253 000	−1 106 000	431 000
Financial Income	0	0	8 000	0
Financial Costs	46 000	56 000	95 000	99 000
Financial Balance	−46 000	−56 000	−87 000	−99 000
Earnings Before Tax	−161 000	−310 000	−1 193 000	332 000
Tax	−35 000	−65 000	−259 000	87 000
Net Income	−126 000	−245 000	−933 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	208 000	183 000	219 000	1 864 000
Total Current Assets	1 834 000	3 767 000	1 457 000	3 863 000
Total Assets	2 042 000	3 950 000	1 676 000	5 727 000
Total Retained Equity	−587 000	−461 000	−216 000	717 000
Total Equity	313 000	439 000	−116 000	817 000
Total Long-Term Debt	0	0	0	1 603 000
Total Current Debt	1 729 000	3 511 000	1 792 000	3 308 000
Total Equity and Debt	2 042 000	3 950 000	1 676 000	5 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 888 000	9 784 000	8 343 000	13 727 000
Other Income	0	77 000	91 000	−185 000
Revenue	11 888 000	9 860 000	8 434 000	13 542 000
Cost of Goods Sold	5 278 000	3 984 000	339 000	2 483 000
Salary Costs	5 499 000	5 002 000	7 017 000	8 524 000
Depreciation	11 000	101 000	101 000	296 000
Impairment	0	0	0	0
Expenditure	12 003 000	10 114 000	9 540 000	13 113 000
Operating Profit	−115 000	−253 000	−1 106 000	431 000
Financial Income	0	0	8 000	0
Financial Costs	46 000	56 000	95 000	99 000
Financial Balance	−46 000	−56 000	−87 000	−99 000
Dividends	0	0	0	0
Net Income	−126 000	−245 000	−933 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	87 000	22 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	23 000	123 000	1 853 000
Total Tangible Assets	12 000	23 000	123 000	1 853 000
Total Fiancial Fixed Assets	74 000	74 000	74 000	11 000
Total Fixed Assets	208 000	183 000	219 000	1 864 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	371 000	1 626 000	287 000	2 006 000
Total Current Assets	1 834 000	3 767 000	1 457 000	3 863 000
Total Assets	2 042 000	3 950 000	1 676 000	5 727 000
Total Equity	313 000	439 000	−116 000	817 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 603 000
Creditors	755 000	1 904 000	47 000	990 000
Unpaid Taxes	469 000	887 000	740 000	1 181 000
Dividends	0	0	0	0
Other Current Debt	506 000	720 000	710 000	1 087 000
Total Current Debt	1 729 000	3 511 000	1 792 000	3 308 000
Total Equity and Debt	2 042 000	3 950 000	1 676 000	5 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,26 %	−55,81 %	804,31 %	29,99 %
Debt-to-Equity Ratio	0	0	−0	1,96
Operating Profit Margin	−0,97 %	−2,57 %	−13,11 %	3,18 %
Current Ratio	1,06	1,07	0,81	1,17
Quick Ratio	1,06	1,07	0,81	1,17
Equity Ratio	0,15	0,11	−0,07	0,14
Gross Profit Margin	55,6 %	59,59 %	95,98 %	81,66 %