PASSMANN LTD

0378 OSLO

Finances

Return on Equity

−2 771,43 %

Current Ratio

0,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 231 000	1 775 000	1 255 000	1 914 000
Net Income	−388 000	−56 000	29 000	123 000
Total Assets	1 317 000	973 000	802 000	664 000
Total Equity	14 000	403 000	458 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 231 000	1 775 000	1 255 000	1 914 000
Expenditure	3 588 000	1 809 000	1 149 000	1 793 000
Operating Profit	−356 000	−34 000	106 000	120 000
Financial Income	0	0	8 000	3 000
Financial Costs	0	2 000	1 000	0
Financial Balance	0	−2 000	7 000	3 000
Earnings Before Tax	−357 000	−36 000	113 000	123 000
Tax	32 000	19 000	84 000	0
Net Income	−388 000	−56 000	29 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	812 000	605 000	657 000	382 000
Total Current Assets	505 000	368 000	145 000	282 000
Total Assets	1 317 000	973 000	802 000	664 000
Total Retained Equity	−16 000	373 000	428 000	399 000
Total Equity	14 000	403 000	458 000	429 000
Total Long-Term Debt	0	−46 000	−30 000	−30 000
Total Current Debt	1 303 000	617 000	374 000	264 000
Total Equity and Debt	1 317 000	973 000	802 000	664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 231 000	1 775 000	1 255 000	1 914 000
Other Income	0	0	0	0
Revenue	3 231 000	1 775 000	1 255 000	1 914 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 295 000	1 576 000	726 000	1 364 000
Depreciation	8 000	9 000	0	14 000
Impairment	0	0	0	0
Expenditure	3 588 000	1 809 000	1 149 000	1 793 000
Operating Profit	−356 000	−34 000	106 000	120 000
Financial Income	0	0	8 000	3 000
Financial Costs	0	2 000	1 000	0
Financial Balance	0	−2 000	7 000	3 000
Dividends	0	0	0	0
Net Income	−388 000	−56 000	29 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	71 000	82 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	38 000	347 000	300 000
Total Tangible Assets	45 000	38 000	347 000	300 000
Total Fiancial Fixed Assets	767 000	567 000	239 000	0
Total Fixed Assets	812 000	605 000	657 000	382 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	21 000	1 000	−150 000
Total Current Assets	505 000	368 000	145 000	282 000
Total Assets	1 317 000	973 000	802 000	664 000
Total Equity	14 000	403 000	458 000	429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−46 000	−30 000	−30 000
Creditors	31 000	17 000	8 000	−1 000
Unpaid Taxes	963 000	458 000	241 000	247 000
Dividends	0	0	0	0
Other Current Debt	308 000	168 000	73 000	132 000
Total Current Debt	1 303 000	617 000	374 000	264 000
Total Equity and Debt	1 317 000	973 000	802 000	664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 771,43 %	−13,9 %	6,33 %	28,67 %
Debt-to-Equity Ratio	0	−0,11	−0,07	−0,07
Operating Profit Margin	−11,02 %	−1,92 %	8,45 %	6,27 %
Current Ratio	0,39	0,6	0,39	1,07
Quick Ratio	0,39	0,6	0,39	1,07
Equity Ratio	0,01	0,41	0,57	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %