PALETTEN RESTAURANT AS

3070 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

18,63 %

Current Ratio

20,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 624 000	5 439 000	5 053 000	5 221 000
Net Income	1 213 000	1 154 000	1 010 000	820 000
Total Assets	6 918 000	6 153 000	4 943 000	4 048 000
Total Equity	6 512 000	5 299 000	4 146 000	3 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 624 000	5 439 000	5 053 000	5 221 000
Expenditure	3 294 000	4 040 000	3 764 000	4 212 000
Operating Profit	1 330 000	1 453 000	1 289 000	1 009 000
Financial Income	92 000	24 000	8 000	−2 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	91 000	24 000	5 000	−3 000
Earnings Before Tax	1 421 000	1 477 000	1 293 000	1 006 000
Tax	208 000	323 000	283 000	186 000
Net Income	1 213 000	1 154 000	1 010 000	820 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−1 120 000	35 000	54 000	90 000
Total Current Assets	8 038 000	6 118 000	4 888 000	3 957 000
Total Assets	6 918 000	6 153 000	4 943 000	4 048 000
Total Retained Equity	6 482 000	5 269 000	4 116 000	3 159 000
Total Equity	6 512 000	5 299 000	4 146 000	3 189 000
Total Long-Term Debt	17 000	0	0	0
Total Current Debt	389 000	853 000	797 000	859 000
Total Equity and Debt	6 918 000	6 153 000	4 943 000	4 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 444 000	5 439 000	4 917 000	5 181 000
Other Income	180 000	0	136 000	40 000
Revenue	4 624 000	5 439 000	5 053 000	5 221 000
Cost of Goods Sold	1 072 000	1 406 000	1 366 000	1 383 000
Salary Costs	1 694 000	1 749 000	1 598 000	1 973 000
Depreciation	−274 000	20 000	36 000	71 000
Impairment	0	0	0	0
Expenditure	3 294 000	4 040 000	3 764 000	4 212 000
Operating Profit	1 330 000	1 453 000	1 289 000	1 009 000
Financial Income	92 000	24 000	8 000	−2 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	91 000	24 000	5 000	−3 000
Dividends	0	0	53 000	0
Net Income	1 213 000	1 154 000	1 010 000	820 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	−1 120 000	0	0	10 000
Total Intangible Assets	−1 120 000	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	10 000	14 000
Fixtures	0	35 000	45 000	66 000
Total Tangible Assets	0	35 000	54 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−1 120 000	35 000	54 000	90 000
Stock	0	92 000	38 000	59 000
Total Investments	0	0	0	0
Cash, Bank	8 037 000	6 024 000	4 845 000	3 898 000
Total Current Assets	8 038 000	6 118 000	4 888 000	3 957 000
Total Assets	6 918 000	6 153 000	4 943 000	4 048 000
Total Equity	6 512 000	5 299 000	4 146 000	3 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	0	0	0
Creditors	3 000	108 000	55 000	25 000
Unpaid Taxes	10 000	176 000	153 000	308 000
Dividends	0	0	53 000	0
Other Current Debt	132 000	193 000	253 000	293 000
Total Current Debt	389 000	853 000	797 000	859 000
Total Equity and Debt	6 918 000	6 153 000	4 943 000	4 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,63 %	21,78 %	24,36 %	25,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,76 %	26,71 %	25,51 %	19,33 %
Current Ratio	20,66	7,17	6,13	4,61
Quick Ratio	20,66	8,04	6,44	4,95
Equity Ratio	0,94	0,86	0,84	0,79
Gross Profit Margin	76,82 %	74,15 %	72,97 %	73,51 %