PAINTBOX PRO AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

23,83 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 479 000	8 257 000	6 923 000	4 241 000
Net Income	516 000	463 000	385 000	173 000
Total Assets	3 003 000	3 152 000	3 244 000	1 904 000
Total Equity	2 165 000	1 649 000	1 186 000	801 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 479 000	8 257 000	6 923 000	4 241 000
Expenditure	7 730 000	7 620 000	6 327 000	3 981 000
Operating Profit	750 000	637 000	595 000	260 000
Financial Income	61 000	53 000	11 000	10 000
Financial Costs	146 000	61 000	113 000	49 000
Financial Balance	−85 000	−8 000	−102 000	−39 000
Earnings Before Tax	665 000	629 000	493 000	222 000
Tax	149 000	166 000	109 000	49 000
Net Income	516 000	463 000	385 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 000	43 000	58 000	160 000
Total Current Assets	2 746 000	3 109 000	3 187 000	1 745 000
Total Assets	3 003 000	3 152 000	3 244 000	1 904 000
Total Retained Equity	2 065 000	1 549 000	1 086 000	701 000
Total Equity	2 165 000	1 649 000	1 186 000	801 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	838 000	1 503 000	2 058 000	1 103 000
Total Equity and Debt	3 003 000	3 152 000	3 244 000	1 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 298 000	8 225 000	6 905 000	4 236 000
Other Income	181 000	32 000	18 000	5 000
Revenue	8 479 000	8 257 000	6 923 000	4 241 000
Cost of Goods Sold	5 113 000	5 457 000	5 056 000	2 340 000
Salary Costs	1 271 000	906 000	291 000	641 000
Depreciation	19 000	11 000	18 000	25 000
Impairment	0	0	0	0
Expenditure	7 730 000	7 620 000	6 327 000	3 981 000
Operating Profit	750 000	637 000	595 000	260 000
Financial Income	61 000	53 000	11 000	10 000
Financial Costs	146 000	61 000	113 000	49 000
Financial Balance	−85 000	−8 000	−102 000	−39 000
Dividends	0	0	0	0
Net Income	516 000	463 000	385 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	12 000	16 000	132 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	255 000	31 000	42 000	27 000
Total Tangible Assets	255 000	31 000	42 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	257 000	43 000	58 000	160 000
Stock	1 591 000	1 637 000	1 197 000	943 000
Total Investments	0	0	0	0
Cash, Bank	488 000	237 000	1 483 000	68 000
Total Current Assets	2 746 000	3 109 000	3 187 000	1 745 000
Total Assets	3 003 000	3 152 000	3 244 000	1 904 000
Total Equity	2 165 000	1 649 000	1 186 000	801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	186 000	680 000	1 325 000	462 000
Unpaid Taxes	219 000	379 000	498 000	259 000
Dividends	0	0	0	0
Other Current Debt	294 000	281 000	236 000	287 000
Total Current Debt	838 000	1 503 000	2 058 000	1 103 000
Total Equity and Debt	3 003 000	3 152 000	3 244 000	1 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,83 %	28,08 %	32,46 %	21,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,85 %	7,71 %	8,59 %	6,13 %
Current Ratio	3,28	2,07	1,55	1,58
Quick Ratio	−3,65	−23,2	3,7	10,91
Equity Ratio	0,72	0,52	0,37	0,42
Gross Profit Margin	39,7 %	33,91 %	26,97 %	44,82 %