PALOUSE AS

9011 TROMSØ

Finances

Share Ownership

Return on Equity

−9,69 %

Current Ratio

23,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	364 000	423 000	369 000
Net Income	−129 000	−53 000	2 000	−21 000
Total Assets	1 388 000	1 580 000	1 513 000	1 568 000
Total Equity	1 331 000	1 461 000	1 513 000	1 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	364 000	423 000	369 000
Expenditure	475 000	432 000	421 000	360 000
Operating Profit	−166 000	−68 000	2 000	9 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	37 000
Financial Balance	0	0	0	−36 000
Earnings Before Tax	−166 000	−67 000	2 000	−27 000
Tax	−37 000	−15 000	0	−6 000
Net Income	−129 000	−53 000	2 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	20 000	5 000	6 000
Total Current Assets	1 331 000	1 560 000	1 508 000	1 563 000
Total Assets	1 388 000	1 580 000	1 513 000	1 568 000
Total Retained Equity	1 231 000	1 361 000	1 413 000	1 411 000
Total Equity	1 331 000	1 461 000	1 513 000	1 511 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	119 000	0	57 000
Total Equity and Debt	1 388 000	1 580 000	1 513 000	1 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	308 000	364 000	423 000	369 000
Revenue	308 000	364 000	423 000	369 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	475 000	432 000	421 000	360 000
Operating Profit	−166 000	−68 000	2 000	9 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	37 000
Financial Balance	0	0	0	−36 000
Dividends	0	0	0	0
Net Income	−129 000	−53 000	2 000	−21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	20 000	5 000	6 000
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	57 000	20 000	5 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 243 000	1 482 000	1 430 000	1 093 000
Total Current Assets	1 331 000	1 560 000	1 508 000	1 563 000
Total Assets	1 388 000	1 580 000	1 513 000	1 568 000
Total Equity	1 331 000	1 461 000	1 513 000	1 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	119 000	0	32 000
Unpaid Taxes	0	0	0	25 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	56 000	119 000	0	57 000
Total Equity and Debt	1 388 000	1 580 000	1 513 000	1 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,69 %	−3,63 %	0,13 %	−1,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−53,9 %	−18,68 %	0,47 %	2,44 %
Current Ratio	23,77	13,11	-	27,42
Quick Ratio	23,77	13,11	-	27,42
Equity Ratio	0,96	0,92	1	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %