PAYTEC AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

−84,52 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 986 000	5 319 000	5 012 000	4 928 000
Net Income	−344 000	370 000	284 000	32 000
Total Assets	912 000	1 332 000	1 296 000	1 252 000
Total Equity	407 000	750 000	387 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 986 000	5 319 000	5 012 000	4 928 000
Expenditure	6 384 000	5 020 000	4 566 000	5 102 000
Operating Profit	−343 000	494 000	388 000	54 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	15 000
Financial Balance	−1 000	−4 000	−8 000	−15 000
Earnings Before Tax	−344 000	490 000	380 000	39 000
Tax	0	120 000	96 000	7 000
Net Income	−344 000	370 000	284 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	194 000	286 000	377 000
Total Current Assets	817 000	1 138 000	1 010 000	875 000
Total Assets	912 000	1 332 000	1 296 000	1 252 000
Total Retained Equity	377 000	720 000	357 000	189 000
Total Equity	407 000	750 000	387 000	219 000
Total Long-Term Debt	0	6 000	25 000	115 000
Total Current Debt	505 000	575 000	884 000	918 000
Total Equity and Debt	912 000	1 332 000	1 296 000	1 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 986 000	5 314 000	5 010 000	4 921 000
Other Income	1 000	6 000	1 000	8 000
Revenue	5 986 000	5 319 000	5 012 000	4 928 000
Cost of Goods Sold	3 429 000	3 384 000	3 053 000	3 187 000
Salary Costs	1 877 000	746 000	750 000	1 124 000
Depreciation	99 000	92 000	92 000	82 000
Impairment	0	0	0	0
Expenditure	6 384 000	5 020 000	4 566 000	5 102 000
Operating Profit	−343 000	494 000	388 000	54 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	15 000
Financial Balance	−1 000	−4 000	−8 000	−15 000
Dividends	0	0	100 000	0
Net Income	−344 000	370 000	284 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	48 000	85 000	123 000	161 000
Total Intangible Assets	48 000	85 000	123 000	161 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	109 000	163 000	217 000
Total Tangible Assets	48 000	109 000	163 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	194 000	286 000	377 000
Stock	508 000	453 000	259 000	317 000
Total Investments	0	0	0	0
Cash, Bank	−52 000	151 000	94 000	199 000
Total Current Assets	817 000	1 138 000	1 010 000	875 000
Total Assets	912 000	1 332 000	1 296 000	1 252 000
Total Equity	407 000	750 000	387 000	219 000
Short-Term Group Debt	16 000	16 000	20 000	0
Total Long-Term Debt	0	6 000	25 000	115 000
Creditors	212 000	247 000	388 000	279 000
Unpaid Taxes	214 000	186 000	172 000	189 000
Dividends	0	0	100 000	0
Other Current Debt	63 000	9 000	112 000	443 000
Total Current Debt	505 000	575 000	884 000	918 000
Total Equity and Debt	912 000	1 332 000	1 296 000	1 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,52 %	49,33 %	73,39 %	14,61 %
Debt-to-Equity Ratio	0	0,01	0,06	0,53
Operating Profit Margin	−5,73 %	9,29 %	7,74 %	1,1 %
Current Ratio	1,62	1,98	1,14	0,95
Quick Ratio	−272,33	9,33	1,62	1,46
Equity Ratio	0,45	0,56	0,3	0,17
Gross Profit Margin	42,72 %	36,38 %	39,09 %	35,33 %