PAVO AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

13,28 %

Current Ratio

2,01

Debt-to-Equity Ratio

5,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	610 000	360 000	520 000	510 000
Net Income	126 000	−38 000	67 000	16 000
Total Assets	6 435 000	6 508 000	6 941 000	7 213 000
Total Equity	949 000	822 000	861 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	610 000	360 000	520 000	510 000
Expenditure	235 000	256 000	245 000	258 000
Operating Profit	375 000	104 000	275 000	252 000
Financial Income	0	0	0	0
Financial Costs	213 000	154 000	189 000	232 000
Financial Balance	−213 000	−154 000	−189 000	−232 000
Earnings Before Tax	162 000	−49 000	85 000	20 000
Tax	36 000	−11 000	19 000	4 000
Net Income	126 000	−38 000	67 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 672 000	5 865 000	6 058 000	6 250 000
Total Current Assets	763 000	643 000	883 000	963 000
Total Assets	6 435 000	6 508 000	6 941 000	7 213 000
Total Retained Equity	731 000	605 000	643 000	577 000
Total Equity	949 000	822 000	861 000	794 000
Total Long-Term Debt	5 106 000	5 478 000	5 818 000	6 129 000
Total Current Debt	380 000	208 000	262 000	290 000
Total Equity and Debt	6 435 000	6 508 000	6 941 000	7 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 000	360 000	520 000	510 000
Other Income	0	0	0	0
Revenue	610 000	360 000	520 000	510 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	193 000	193 000	193 000	193 000
Impairment	0	0	0	0
Expenditure	235 000	256 000	245 000	258 000
Operating Profit	375 000	104 000	275 000	252 000
Financial Income	0	0	0	0
Financial Costs	213 000	154 000	189 000	232 000
Financial Balance	−213 000	−154 000	−189 000	−232 000
Dividends	0	0	0	0
Net Income	126 000	−38 000	67 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 672 000	5 865 000	6 058 000	6 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 672 000	5 865 000	6 058 000	6 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 672 000	5 865 000	6 058 000	6 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	211 000	476 000	532 000	534 000
Total Current Assets	763 000	643 000	883 000	963 000
Total Assets	6 435 000	6 508 000	6 941 000	7 213 000
Total Equity	949 000	822 000	861 000	794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 106 000	5 478 000	5 818 000	6 129 000
Creditors	54 000	42 000	13 000	9 000
Unpaid Taxes	76 000	12 000	0	0
Dividends	0	0	0	0
Other Current Debt	206 000	154 000	224 000	271 000
Total Current Debt	380 000	208 000	262 000	290 000
Total Equity and Debt	6 435 000	6 508 000	6 941 000	7 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,28 %	−4,62 %	7,78 %	2,02 %
Debt-to-Equity Ratio	5,38	6,66	6,76	7,72
Operating Profit Margin	61,48 %	28,89 %	52,88 %	49,41 %
Current Ratio	2,01	3,09	3,37	3,32
Quick Ratio	2,01	3,09	3,37	3,32
Equity Ratio	0,15	0,13	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %