PAPEREASY AS

4033 STAVANGER

Finances

Return on Equity

32,63 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 317 000	18 829 000	26 056 000	19 719 000
Net Income	1 310 000	161 000	2 233 000	504 000
Total Assets	11 606 000	11 666 000	13 017 000	13 890 000
Total Equity	4 015 000	8 119 000	8 179 000	5 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 317 000	18 829 000	26 056 000	19 719 000
Expenditure	17 617 000	18 581 000	23 184 000	19 086 000
Operating Profit	1 700 000	247 000	2 872 000	633 000
Financial Income	0	1 000	5 000	28 000
Financial Costs	7 000	5 000	7 000	4 000
Financial Balance	−7 000	−4 000	−2 000	24 000
Earnings Before Tax	1 694 000	243 000	2 870 000	658 000
Tax	384 000	82 000	638 000	154 000
Net Income	1 310 000	161 000	2 233 000	504 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	692 000	675 000	444 000	543 000
Total Current Assets	10 914 000	10 991 000	12 573 000	13 346 000
Total Assets	11 606 000	11 666 000	13 017 000	13 890 000
Total Retained Equity	1 015 000	5 119 000	5 179 000	2 947 000
Total Equity	4 015 000	8 119 000	8 179 000	5 947 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 591 000	3 546 000	4 837 000	7 943 000
Total Equity and Debt	11 606 000	11 666 000	13 017 000	13 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 032 000	18 622 000	25 671 000	19 352 000
Other Income	286 000	207 000	385 000	367 000
Revenue	19 317 000	18 829 000	26 056 000	19 719 000
Cost of Goods Sold	8 578 000	8 911 000	13 831 000	8 654 000
Salary Costs	5 866 000	6 368 000	5 753 000	6 475 000
Depreciation	112 000	140 000	87 000	129 000
Impairment	0	0	0	0
Expenditure	17 617 000	18 581 000	23 184 000	19 086 000
Operating Profit	1 700 000	247 000	2 872 000	633 000
Financial Income	0	1 000	5 000	28 000
Financial Costs	7 000	5 000	7 000	4 000
Financial Balance	−7 000	−4 000	−2 000	24 000
Dividends	3 950 000	0	0	3 000 000
Net Income	1 310 000	161 000	2 233 000	504 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	78 000	95 000	107 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	233 000	345 000	97 000	184 000
Total Tangible Assets	233 000	345 000	97 000	184 000
Total Fiancial Fixed Assets	352 000	252 000	252 000	252 000
Total Fixed Assets	692 000	675 000	444 000	543 000
Stock	2 014 000	1 635 000	1 820 000	1 890 000
Total Investments	0	0	0	0
Cash, Bank	3 372 000	4 487 000	4 515 000	3 494 000
Total Current Assets	10 914 000	10 991 000	12 573 000	13 346 000
Total Assets	11 606 000	11 666 000	13 017 000	13 890 000
Total Equity	4 015 000	8 119 000	8 179 000	5 947 000
Short-Term Group Debt	1 877 000	283 000	0	180 000
Total Long-Term Debt	0	0	0	0
Creditors	1 964 000	1 606 000	1 954 000	3 380 000
Unpaid Taxes	785 000	898 000	1 459 000	470 000
Dividends	3 950 000	0	0	3 000 000
Other Current Debt	765 000	756 000	799 000	806 000
Total Current Debt	7 591 000	3 546 000	4 837 000	7 943 000
Total Equity and Debt	11 606 000	11 666 000	13 017 000	13 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,63 %	1,98 %	27,3 %	8,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,8 %	1,31 %	11,02 %	3,21 %
Current Ratio	1,44	3,1	2,6	1,68
Quick Ratio	1,96	5,75	4,17	2,2
Equity Ratio	0,35	0,7	0,63	0,43
Gross Profit Margin	55,59 %	52,67 %	46,92 %	56,11 %