PÅL NORDHAGEN AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

15,35 %

Current Ratio

0,54

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 725 000	3 796 000	8 526 000	7 745 000
Net Income	115 000	−282 000	836 000	255 000
Total Assets	1 298 000	9 805 000	2 030 000	1 760 000
Total Equity	749 000	634 000	916 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 725 000	3 796 000	8 526 000	7 745 000
Expenditure	3 398 000	4 108 000	7 391 000	7 419 000
Operating Profit	326 000	−313 000	1 136 000	327 000
Financial Income	0	0	0	1 000
Financial Costs	175 000	47 000	61 000	1 000
Financial Balance	−175 000	−47 000	−61 000	0
Earnings Before Tax	151 000	−360 000	1 074 000	327 000
Tax	36 000	−78 000	238 000	72 000
Net Income	115 000	−282 000	836 000	255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 028 000	7 213 000	793 000	302 000
Total Current Assets	270 000	2 592 000	1 237 000	1 458 000
Total Assets	1 298 000	9 805 000	2 030 000	1 760 000
Total Retained Equity	719 000	604 000	886 000	202 000
Total Equity	749 000	634 000	916 000	232 000
Total Long-Term Debt	54 000	8 769 000	403 000	0
Total Current Debt	496 000	402 000	711 000	1 528 000
Total Equity and Debt	1 298 000	9 805 000	2 030 000	1 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 554 000	3 139 000	8 099 000	7 039 000
Other Income	171 000	657 000	427 000	707 000
Revenue	3 725 000	3 796 000	8 526 000	7 745 000
Cost of Goods Sold	6 000	6 000	1 420 000	332 000
Salary Costs	1 861 000	2 019 000	3 066 000	3 488 000
Depreciation	694 000	196 000	39 000	16 000
Impairment	0	0	0	0
Expenditure	3 398 000	4 108 000	7 391 000	7 419 000
Operating Profit	326 000	−313 000	1 136 000	327 000
Financial Income	0	0	0	1 000
Financial Costs	175 000	47 000	61 000	1 000
Financial Balance	−175 000	−47 000	−61 000	0
Dividends	0	0	152 000	0
Net Income	115 000	−282 000	836 000	255 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	142 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	745 000	6 687 000	0	0
Fixtures	181 000	415 000	433 000	58 000
Total Tangible Assets	926 000	7 102 000	433 000	58 000
Total Fiancial Fixed Assets	102 000	111 000	360 000	102 000
Total Fixed Assets	1 028 000	7 213 000	793 000	302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	137 000	472 000	23 000
Total Current Assets	270 000	2 592 000	1 237 000	1 458 000
Total Assets	1 298 000	9 805 000	2 030 000	1 760 000
Total Equity	749 000	634 000	916 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	8 769 000	403 000	0
Creditors	53 000	45 000	169 000	554 000
Unpaid Taxes	180 000	125 000	193 000	399 000
Dividends	0	0	152 000	0
Other Current Debt	263 000	233 000	349 000	575 000
Total Current Debt	496 000	402 000	711 000	1 528 000
Total Equity and Debt	1 298 000	9 805 000	2 030 000	1 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,35 %	−44,48 %	91,27 %	109,91 %
Debt-to-Equity Ratio	0,07	13,83	0,44	0
Operating Profit Margin	8,75 %	−8,25 %	13,32 %	4,22 %
Current Ratio	0,54	6,45	1,74	0,95
Quick Ratio	0,54	6,45	1,74	0,95
Equity Ratio	0,58	0,06	0,45	0,13
Gross Profit Margin	99,84 %	99,84 %	83,35 %	95,71 %