PALOS MEDICAL AS

0252 OSLO

Finances

Share Ownership

Return on Equity

−295,26 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 270 000	1 903 000	3 128 000	2 117 000
Net Income	747 000	481 000	1 494 000	707 000
Total Assets	215 000	84 000	764 000	386 000
Total Equity	−253 000	−442 000	60 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 270 000	1 903 000	3 128 000	2 117 000
Expenditure	1 310 000	1 285 000	1 214 000	1 212 000
Operating Profit	959 000	618 000	1 914 000	906 000
Financial Income	0	0	3 000	3 000
Financial Costs	2 000	1 000	0	5 000
Financial Balance	−2 000	−1 000	3 000	−2 000
Earnings Before Tax	957 000	618 000	1 918 000	904 000
Tax	210 000	137 000	424 000	197 000
Net Income	747 000	481 000	1 494 000	707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	4 000	9 000
Total Current Assets	202 000	84 000	760 000	378 000
Total Assets	215 000	84 000	764 000	386 000
Total Retained Equity	−283 000	−472 000	30 000	−16 000
Total Equity	−253 000	−442 000	60 000	14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	468 000	526 000	705 000	372 000
Total Equity and Debt	215 000	84 000	764 000	386 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 270 000	1 903 000	3 128 000	2 117 000
Other Income	0	0	0	0
Revenue	2 270 000	1 903 000	3 128 000	2 117 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 213 000	1 207 000	1 107 000	1 119 000
Depreciation	3 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	1 310 000	1 285 000	1 214 000	1 212 000
Operating Profit	959 000	618 000	1 914 000	906 000
Financial Income	0	0	3 000	3 000
Financial Costs	2 000	1 000	0	5 000
Financial Balance	−2 000	−1 000	3 000	−2 000
Dividends	558 000	0	1 448 000	817 000
Net Income	747 000	481 000	1 494 000	707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	0	4 000	9 000
Total Tangible Assets	14 000	0	4 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	0	4 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	198 000	84 000	275 000	344 000
Total Current Assets	202 000	84 000	760 000	378 000
Total Assets	215 000	84 000	764 000	386 000
Total Equity	−253 000	−442 000	60 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	144 000	169 000	70 000	67 000
Dividends	558 000	0	1 448 000	817 000
Other Current Debt	114 000	220 000	211 000	109 000
Total Current Debt	468 000	526 000	705 000	372 000
Total Equity and Debt	215 000	84 000	764 000	386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−295,26 %	−108,82 %	2 490 %	5 050 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	42,25 %	32,48 %	61,19 %	42,8 %
Current Ratio	0,43	0,16	1,08	1,02
Quick Ratio	0,43	0,16	1,08	1,02
Equity Ratio	−1,18	−5,26	0,08	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %