PAREO AS

9060 LYNGSEIDET

Finances

Share Ownership

Return on Equity

−58,7 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	414 000	563 000	225 000	167 000
Net Income	−27 000	248 000	−16 000	−6 000
Total Assets	170 000	148 000	195 000	285 000
Total Equity	46 000	74 000	−174 000	−158 000

Income (NOK)	2022	2021	2020	2019
Revenue	414 000	563 000	225 000	167 000
Expenditure	441 000	310 000	241 000	172 000
Operating Profit	−27 000	252 000	−16 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	0	−5 000	0	0
Earnings Before Tax	−27 000	248 000	−16 000	−6 000
Tax	0	0	0	0
Net Income	−27 000	248 000	−16 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	40 000	64 000	207 000
Total Current Assets	153 000	108 000	131 000	78 000
Total Assets	170 000	148 000	195 000	285 000
Total Retained Equity	−54 000	−27 000	−274 000	−258 000
Total Equity	46 000	74 000	−174 000	−158 000
Total Long-Term Debt	0	0	317 000	355 000
Total Current Debt	123 000	74 000	52 000	88 000
Total Equity and Debt	170 000	148 000	195 000	285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 000	554 000	217 000	167 000
Other Income	0	9 000	8 000	0
Revenue	414 000	563 000	225 000	167 000
Cost of Goods Sold	152 000	139 000	80 000	126 000
Salary Costs	0	0	0	0
Depreciation	4 000	5 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	441 000	310 000	241 000	172 000
Operating Profit	−27 000	252 000	−16 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	0	−5 000	0	0
Dividends	0	0	0	0
Net Income	−27 000	248 000	−16 000	−6 000

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	16 000	20 000	26 000	32 000
Total Tangible Assets	16 000	20 000	26 000	32 000
Total Fiancial Fixed Assets	0	20 000	38 000	175 000
Total Fixed Assets	16 000	40 000	64 000	207 000
Stock	0	0	0	41 000
Total Investments	0	0	0	0
Cash, Bank	67 000	81 000	86 000	7 000
Total Current Assets	153 000	108 000	131 000	78 000
Total Assets	170 000	148 000	195 000	285 000
Total Equity	46 000	74 000	−174 000	−158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	317 000	355 000
Creditors	65 000	25 000	25 000	77 000
Unpaid Taxes	19 000	45 000	15 000	2 000
Dividends	0	0	0	0
Other Current Debt	39 000	5 000	12 000	8 000
Total Current Debt	123 000	74 000	52 000	88 000
Total Equity and Debt	170 000	148 000	195 000	285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,7 %	335,14 %	9,2 %	3,8 %
Debt-to-Equity Ratio	0	0	−1,82	−2,25
Operating Profit Margin	−6,52 %	44,76 %	−7,11 %	−3,59 %
Current Ratio	1,24	1,46	2,52	0,89
Quick Ratio	1,24	1,46	2,52	1,66
Equity Ratio	0,27	0,5	−0,89	−0,55
Gross Profit Margin	63,29 %	75,31 %	64,44 %	24,55 %