PAOLA DESIGN AS

5053 BERGEN

Finances

Share Ownership

Return on Equity

−4,66 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	190 000	190 000	213 000	36 000
Net Income	11 000	31 000	12 000	−1 000
Total Assets	132 000	107 000	148 000	42 000
Total Equity	−236 000	−247 000	−278 000	−290 000

Income (NOK)	2022	2021	2020	2019
Revenue	190 000	190 000	213 000	36 000
Expenditure	180 000	159 000	200 000	36 000
Operating Profit	11 000	32 000	13 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	11 000	31 000	12 000	−1 000
Tax	0	0	0	0
Net Income	11 000	31 000	12 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	132 000	107 000	148 000	42 000
Total Assets	132 000	107 000	148 000	42 000
Total Retained Equity	−536 000	−547 000	−578 000	−590 000
Total Equity	−236 000	−247 000	−278 000	−290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	368 000	354 000	426 000	332 000
Total Equity and Debt	132 000	107 000	148 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	190 000	190 000	213 000	36 000
Other Income	0	0	0	0
Revenue	190 000	190 000	213 000	36 000
Cost of Goods Sold	36 000	64 000	35 000	20 000
Salary Costs	2 000	2 000	2 000	−16 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	180 000	159 000	200 000	36 000
Operating Profit	11 000	32 000	13 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	11 000	31 000	12 000	−1 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	107 000	52 000	53 000	37 000
Total Investments	0	0	0	0
Cash, Bank	2 000	51 000	7 000	0
Total Current Assets	132 000	107 000	148 000	42 000
Total Assets	132 000	107 000	148 000	42 000
Total Equity	−236 000	−247 000	−278 000	−290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	48 000	69 000	40 000
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	304 000	299 000	356 000	292 000
Total Current Debt	368 000	354 000	426 000	332 000
Total Equity and Debt	132 000	107 000	148 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,66 %	−12,55 %	−4,32 %	0,34 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	5,79 %	16,84 %	6,1 %	−2,78 %
Current Ratio	0,36	0,3	0,35	0,13
Quick Ratio	0,51	0,35	0,4	0,14
Equity Ratio	−1,79	−2,31	−1,88	−6,9
Gross Profit Margin	81,05 %	66,32 %	83,57 %	44,44 %