PAAD THAI LATAZA AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

43,4 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	616 000	504 000	490 000	659 000
Net Income	23 000	19 000	110 000	−57 000
Total Assets	94 000	109 000	126 000	68 000
Total Equity	53 000	30 000	11 000	−98 000

Income (NOK)	2022	2021	2020	2019
Revenue	616 000	504 000	490 000	659 000
Expenditure	585 000	492 000	380 000	713 000
Operating Profit	30 000	12 000	110 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	4 000
Financial Balance	0	0	−1 000	−4 000
Earnings Before Tax	30 000	11 000	110 000	−57 000
Tax	7 000	−7 000	0	0
Net Income	23 000	19 000	110 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	8 000	0	0
Total Current Assets	88 000	101 000	126 000	68 000
Total Assets	94 000	109 000	126 000	68 000
Total Retained Equity	35 000	12 000	−7 000	−117 000
Total Equity	53 000	30 000	11 000	−98 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	79 000	115 000	166 000
Total Equity and Debt	94 000	109 000	126 000	68 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	616 000	504 000	490 000	659 000
Other Income	0	0	0	0
Revenue	616 000	504 000	490 000	659 000
Cost of Goods Sold	316 000	214 000	185 000	270 000
Salary Costs	161 000	169 000	103 000	290 000
Depreciation	0	0	0	31 000
Impairment	0	0	0	0
Expenditure	585 000	492 000	380 000	713 000
Operating Profit	30 000	12 000	110 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	4 000
Financial Balance	0	0	−1 000	−4 000
Dividends	0	0	0	0
Net Income	23 000	19 000	110 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	8 000	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	6 000	8 000	0	0
Stock	71 000	91 000	68 000	48 000
Total Investments	0	0	0	0
Cash, Bank	7 000	8 000	58 000	16 000
Total Current Assets	88 000	101 000	126 000	68 000
Total Assets	94 000	109 000	126 000	68 000
Total Equity	53 000	30 000	11 000	−98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	22 000	11 000	29 000
Unpaid Taxes	2 000	5 000	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	14 000	52 000	101 000	134 000
Total Current Debt	40 000	79 000	115 000	166 000
Total Equity and Debt	94 000	109 000	126 000	68 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,4 %	63,33 %	1 000 %	58,16 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	4,87 %	2,38 %	22,45 %	−8,04 %
Current Ratio	2,2	1,28	1,1	0,41
Quick Ratio	−2,84	−8,42	2,68	0,58
Equity Ratio	0,56	0,28	0,09	−1,44
Gross Profit Margin	48,7 %	57,54 %	62,24 %	59,03 %