PANDA AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−8,6 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	548 000	472 000	630 000	979 000
Net Income	−1 926 000	−1 576 000	−2 783 000	−1 566 000
Total Assets	81 816 000	41 500 000	45 931 000	42 738 000
Total Equity	22 403 000	6 672 000	8 248 000	9 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	548 000	472 000	630 000	979 000
Expenditure	1 951 000	1 520 000	1 582 000	2 535 000
Operating Profit	−1 403 000	−1 048 000	−952 000	−1 555 000
Financial Income	607 000	577 000	590 000	444 000
Financial Costs	1 131 000	1 105 000	1 063 000	894 000
Financial Balance	−524 000	−528 000	−473 000	−450 000
Earnings Before Tax	−1 926 000	−1 576 000	−1 425 000	−2 005 000
Tax	0	0	1 358 000	−439 000
Net Income	−1 926 000	−1 576 000	−2 783 000	−1 566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 321 000	38 421 000	42 366 000	39 286 000
Total Current Assets	59 495 000	3 079 000	3 566 000	3 451 000
Total Assets	81 816 000	41 500 000	45 931 000	42 738 000
Total Retained Equity	15 731 000	0	0	0
Total Equity	22 403 000	6 672 000	8 248 000	9 531 000
Total Long-Term Debt	0	34 682 000	37 534 000	32 971 000
Total Current Debt	59 413 000	146 000	149 000	235 000
Total Equity and Debt	81 816 000	41 500 000	45 931 000	42 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	548 000	472 000	630 000	979 000
Other Income	0	0	0	0
Revenue	548 000	472 000	630 000	979 000
Cost of Goods Sold	0	0	0	10 000
Salary Costs	694 000	694 000	689 000	845 000
Depreciation	442 000	421 000	421 000	545 000
Impairment	0	0	0	630 000
Expenditure	1 951 000	1 520 000	1 582 000	2 535 000
Operating Profit	−1 403 000	−1 048 000	−952 000	−1 555 000
Financial Income	607 000	577 000	590 000	444 000
Financial Costs	1 131 000	1 105 000	1 063 000	894 000
Financial Balance	−524 000	−528 000	−473 000	−450 000
Dividends	0	0	0	0
Net Income	−1 926 000	−1 576 000	−2 783 000	−1 566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 358 000
Real Eastate	22 036 000	22 457 000	22 878 000	23 299 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	285 000	0	0	0
Total Tangible Assets	22 321 000	22 457 000	22 878 000	23 299 000
Total Fiancial Fixed Assets	0	15 965 000	19 488 000	14 630 000
Total Fixed Assets	22 321 000	38 421 000	42 366 000	39 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	568 000	185 000	885 000	2 825 000
Total Current Assets	59 495 000	3 079 000	3 566 000	3 451 000
Total Assets	81 816 000	41 500 000	45 931 000	42 738 000
Total Equity	22 403 000	6 672 000	8 248 000	9 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	34 682 000	37 534 000	32 971 000
Creditors	375 000	13 000	14 000	26 000
Unpaid Taxes	52 000	46 000	48 000	104 000
Dividends	0	0	0	0
Other Current Debt	58 986 000	87 000	87 000	105 000
Total Current Debt	59 413 000	146 000	149 000	235 000
Total Equity and Debt	81 816 000	41 500 000	45 931 000	42 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,6 %	−23,62 %	−33,74 %	−16,43 %
Debt-to-Equity Ratio	0	5,2	4,55	3,46
Operating Profit Margin	−256,02 %	−222,03 %	−151,11 %	−158,84 %
Current Ratio	1	21,09	23,93	14,69
Quick Ratio	1	21,09	23,93	14,69
Equity Ratio	0,27	0,16	0,18	0,22
Gross Profit Margin	100 %	100 %	100 %	98,98 %