PALEBLUE AS

4021 STAVANGER

Finances

Return on Equity

−139,06 %

Current Ratio

1,01

Debt-to-Equity Ratio

2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 227 000	4 548 000	3 544 000	8 097 000
Net Income	−1 239 000	−3 053 000	−1 728 000	521 000
Total Assets	9 627 000	7 251 000	4 732 000	5 056 000
Total Equity	891 000	71 000	2 180 000	1 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 227 000	4 548 000	3 544 000	8 097 000
Expenditure	3 311 000	7 414 000	5 246 000	7 556 000
Operating Profit	−1 085 000	−2 866 000	−1 646 000	542 000
Financial Income	5 000	17 000	9 000	1 000
Financial Costs	159 000	204 000	91 000	22 000
Financial Balance	−154 000	−187 000	−82 000	−21 000
Earnings Before Tax	−1 239 000	−3 053 000	−1 728 000	521 000
Tax	0	0	0	0
Net Income	−1 239 000	−3 053 000	−1 728 000	521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 415 000	1 849 000	1 205 000	1 167 000
Total Current Assets	6 212 000	5 403 000	3 527 000	3 889 000
Total Assets	9 627 000	7 251 000	4 732 000	5 056 000
Total Retained Equity	0	−5 928 000	−2 875 000	−1 147 000
Total Equity	891 000	71 000	2 180 000	1 389 000
Total Long-Term Debt	2 600 000	3 200 000	1 500 000	1 843 000
Total Current Debt	6 136 000	3 981 000	1 052 000	1 825 000
Total Equity and Debt	9 627 000	7 251 000	4 732 000	5 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 227 000	4 548 000	3 544 000	8 097 000
Other Income	0	0	0	0
Revenue	2 227 000	4 548 000	3 544 000	8 097 000
Cost of Goods Sold	468 000	2 948 000	1 238 000	1 097 000
Salary Costs	1 452 000	2 785 000	2 841 000	5 307 000
Depreciation	578 000	386 000	292 000	292 000
Impairment	0	0	0	0
Expenditure	3 311 000	7 414 000	5 246 000	7 556 000
Operating Profit	−1 085 000	−2 866 000	−1 646 000	542 000
Financial Income	5 000	17 000	9 000	1 000
Financial Costs	159 000	204 000	91 000	22 000
Financial Balance	−154 000	−187 000	−82 000	−21 000
Dividends	0	0	0	0
Net Income	−1 239 000	−3 053 000	−1 728 000	521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 342 000	1 751 000	1 205 000	1 166 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	97 000	0	0
Total Tangible Assets	73 000	97 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 415 000	1 849 000	1 205 000	1 167 000
Stock	29 000	29 000	29 000	29 000
Total Investments	0	0	0	0
Cash, Bank	5 682 000	3 830 000	2 661 000	2 792 000
Total Current Assets	6 212 000	5 403 000	3 527 000	3 889 000
Total Assets	9 627 000	7 251 000	4 732 000	5 056 000
Total Equity	891 000	71 000	2 180 000	1 389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 600 000	3 200 000	1 500 000	1 843 000
Creditors	327 000	107 000	136 000	119 000
Unpaid Taxes	161 000	347 000	297 000	917 000
Dividends	0	0	0	0
Other Current Debt	5 647 000	3 527 000	618 000	788 000
Total Current Debt	6 136 000	3 981 000	1 052 000	1 825 000
Total Equity and Debt	9 627 000	7 251 000	4 732 000	5 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−139,06 %	−4 300 %	−79,27 %	37,51 %
Debt-to-Equity Ratio	2,92	45,07	0,69	1,33
Operating Profit Margin	−48,72 %	−63,02 %	−46,44 %	6,69 %
Current Ratio	1,01	1,36	3,35	2,13
Quick Ratio	1,02	1,37	3,45	2,17
Equity Ratio	0,09	0,01	0,46	0,27
Gross Profit Margin	78,99 %	35,18 %	65,07 %	86,45 %