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PAVELS INNOVATION AS

987697547AksjeselskapMVA
Municipality
PORSGRUNN
Founded
08.12.2004
Roles
3
www.pavelsinnovation.no
Company details
Business address
Hydrovegen 19, 3933 PORSGRUNN
Municipality
Porsgrunn
Phone
47 66 01 11
Sector
Private aksjeselskaper mv.
Share capital
279 100 kr(2 791 shares)
Registered
10.01.2005
Purpose
Å ivareta selskapets forpliktelser og rettigheter overfor Wow Gear AS, som er et 50% eiet joint venture med base i California, samt å forvalte eventuelle andre immaterielle rettigheter som selskapet har opparbeidet. Selskapet skal også ivareta rettigheter og forpliktelser under eksisterende kundeforhold, og skal forvalte inntekter som mottas igjennom provisjonsordninger knyttet til tidligere kundeprosjekter.
Board and management

Styre og ledelse

Trond Erik Heier
Daglig lederStyrets leder
Preben René Hjallum
Styremedlem

Revisor

FLYT REVISJON AS

Is revisor for 546 companies

Revisor

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Financials2024
Revenue
10.3 mill
Operating result
-3.5 mill
Net result
-2.2 mill
Assets
7.5 mill
Equity
5.8 mill
Debt
1.7 mill
Financial health check
Equity ratio
Very good
Current ratio
Good
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue10.3 mill
Operating costs13.8 mill
= Operating result-3.5 mill
Net finance1.4 mill
= Net result-2.2 mill
Balance sheet
Fixed assets4.4 mill
Current assets3.2 mill
= Total assets7.5 mill
Equity5.8 mill
Long-term debt31k
Short-term debt1.7 mill
= Total debt1.7 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
-34.3%24.7%
Net margin
-21.1%—
Return on assets
-28.8%8.1%
Return on equity
-37.4%—
Equity ratio
76.9%68.8%
Current ratio
1.853.02
Debt-to-equity
0.300.26

Based on 4429 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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