Paneda AS
ASDissolvedOrg 982984637Sandvikseidet 6, 6740 SeljeTelecommunication reselling activities and intermediation service activities for telecommunication· NACE 6120Est. 2001 · 25 years old1 employeeshttps://www.paneda.no
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Overview
Paneda AS is a Norwegian AS based in Selje, operating in the Telecommunication reselling activities and intermediation service activities for telecommunication sector. Incorporated in 2001, the company has 1 employee and reported revenue of NOK 22.3m in its latest annual filing.
Revenue 2020
22.3M NOK
−2% vs 2019
EBITDA margin
55.7 %
+1% vs 2019
Net profit 2020
7M NOK
+6% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
27.1 %
WeakAmong the 40% lowest rated companies in the industry
20162020
Liquidity ratioCurrent assets ÷ Short-term debt
1.4×
AverageAround the average of companies in the same industry
20162020
Return on assets (ROA)Net profit ÷ Total assets × 100
46.3 %
Very strongAmong the 10% highest rated companies in the industry
20162020
EBITDA — year on year
NOK millionsKey figures
Annual report 2020| Revenue | 22.3M NOK | -2% |
| EBITDA | 12.4M NOK | +1% |
| Net profit | 7M NOK | +6% |
| Total assets | 15.1M NOK | -27% |
| Equity | 4.1M NOK | +41% |
| Employees | 1 | — |
Company information
Legal name
PANEDA AS
Org number
982984637
Legal form
Aksjeselskap
NACE code
Founded
20 January 2001 · 25 years
Share capital
NOK 488,229
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Salg og distribusjon av digital-tv løsninger, samt hva som naturlig står i forbindelse med dette, herunder delta i andre selskaper med tilsvarende virksomhet.
(no translation available)
Contact
Address
Sandvikseidet 6, 6740 Selje
Website
https://www.paneda.no
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Financial development
In its most recent annual report (2020), Paneda AS reported revenue of NOK 22.3m, a decrease of 2% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of NOK 7.0m, and the EBITDA margin stood at 55.7%.
At the end of 2020, equity financed 27.1% of the balance sheet, and current assets covered short-term debt 1.4 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 22,310 | 22,759 | 22,559 | 22,268 | 24,828 |
| Staff expenses | -2,470 | -3,427 | -3,278 | -3,320 | -4,136 |
| EBITDA | 12,431 | 12,329 | 11,330 | 11,462 | 11,714 |
| Depreciation & amort. | -3,446 | -3,909 | -3,658 | -3,618 | -4,889 |
| EBIT | 8,986 | 8,419 | 7,672 | 7,844 | 6,825 |
| Net financials | -47 | 0 | -338 | -449 | -554 |
| Profit before tax | 8,938 | 8,419 | 7,334 | 7,395 | 6,271 |
| Tax | 1,949 | 1,806 | 1,649 | 1,745 | 1,492 |
| Net profit | 6,989 | 6,613 | 5,685 | 5,651 | 4,778 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 15,090 | 20,638 | 22,758 | 26,301 | 27,673 |
| Equity | 4,092 | 2,903 | 3,789 | 5,604 | 5,953 |
| Long-term debt | 1,379 | 4,261 | 7,659 | 11,052 | 13,521 |
| Short-term debt | 9,619 | 13,475 | 11,309 | 9,645 | 8,198 |
| Total debt | 10,999 | 17,736 | 18,969 | 20,697 | 21,719 |
Financial ratios
5-year trendEBITDA margin
55.7 %
20162020
Equity ratio
27.1 %
WeakAmong the 40% lowest rated companies in the industry
20162020
Return on equity
170.8 %
Very strongAmong the 10% highest rated companies in the industry
20162020
Net profit margin
31.3 %
StrongAmong the 30% highest rated companies in the industry
20162020
Asset turnover
1.48×
StrongAmong the 30% highest rated companies in the industry
20162020
Debt / equity
2.69×
WeakAmong the 30% lowest rated companies in the industry
20162020
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 40% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 20% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 30% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 10% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalStrong
Among the 40% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
GG Chief Executive Officer | Chief Executive Officer | 2005 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TL Board of Directors | Board of Directors | 2011 |
OF Chairman | Chairman | 2011 |
GG Board of Directors | Board of Directors | 2011 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Company hierarchy
Local Digital Holding As
Paneda AS Board network connections
Board members of Paneda AS also hold positions in 27 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tom Ludvig Joensen | Board of Directors | 13 companiesMany roles |
| Oddvar Flølo | Chairman | 8 companiesMany roles |
| Geir Gjørsvik | Chief Executive Officer | 6 companiesMany roles |
Frequently asked questions
What is the Org number of Paneda AS?
Paneda AS is registered with Brønnøysundsregistrene under Org 982984637.
What is the revenue of Paneda AS?
Paneda AS reported revenue of NOK 22.3m in 2020.
How many employees does Paneda AS have?
Paneda AS employs 1 people as of the latest annual report.
Who is the CEO of Paneda AS?
Geir Gjørsvik is the CEO of Paneda AS, in role since 2005.
Who is the chairman of Paneda AS?
Oddvar Flølo chairs the board of Paneda AS, in role since 2011.
Where is Paneda AS headquartered?
Paneda AS's registered address is Sandvikseidet 6.