PALLAS AS

5017 BERGEN

Finances

Return on Equity

−7,55 %

Current Ratio

0,52

Debt-to-Equity Ratio

4,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 567 000	16 049 000	16 050 000	15 700 000
Net Income	−2 666 000	−3 565 000	−1 998 000	867 000
Total Assets	211 047 000	195 494 000	178 493 000	162 732 000
Total Equity	35 332 000	37 998 000	43 068 000	46 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 567 000	16 049 000	16 050 000	15 700 000
Expenditure	19 233 000	19 609 000	18 767 000	16 208 000
Operating Profit	−2 666 000	−3 559 000	−2 718 000	−508 000
Financial Income	10 000	4 000	105 000	1 406 000
Financial Costs	10 000	10 000	24 000	3 000
Financial Balance	0	−6 000	81 000	1 403 000
Earnings Before Tax	−2 666 000	−3 565 000	−2 637 000	895 000
Tax	0	0	−639 000	28 000
Net Income	−2 666 000	−3 565 000	−1 998 000	867 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 461 000	193 445 000	177 061 000	161 129 000
Total Current Assets	1 586 000	2 049 000	1 431 000	1 603 000
Total Assets	211 047 000	195 494 000	178 493 000	162 732 000
Total Retained Equity	31 168 000	33 834 000	38 903 000	42 371 000
Total Equity	35 332 000	37 998 000	43 068 000	46 535 000
Total Long-Term Debt	172 662 000	154 012 000	132 429 000	113 386 000
Total Current Debt	3 054 000	3 484 000	2 996 000	2 811 000
Total Equity and Debt	211 047 000	195 494 000	178 493 000	162 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 567 000	16 049 000	16 050 000	15 700 000
Other Income	0	0	0	0
Revenue	16 567 000	16 049 000	16 050 000	15 700 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 348 000	16 355 000	15 846 000	13 335 000
Depreciation	532 000	503 000	434 000	300 000
Impairment	0	0	0	0
Expenditure	19 233 000	19 609 000	18 767 000	16 208 000
Operating Profit	−2 666 000	−3 559 000	−2 718 000	−508 000
Financial Income	10 000	4 000	105 000	1 406 000
Financial Costs	10 000	10 000	24 000	3 000
Financial Balance	0	−6 000	81 000	1 403 000
Dividends	0	1 500 000	1 500 000	0
Net Income	−2 666 000	−3 565 000	−1 998 000	867 000

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	3 553 000	4 050 000	4 195 000	4 223 000
Total Tangible Assets	3 553 000	4 050 000	4 195 000	4 223 000
Total Fiancial Fixed Assets	205 908 000	189 395 000	172 866 000	156 906 000
Total Fixed Assets	209 461 000	193 445 000	177 061 000	161 129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	769 000	994 000	770 000	401 000
Total Current Assets	1 586 000	2 049 000	1 431 000	1 603 000
Total Assets	211 047 000	195 494 000	178 493 000	162 732 000
Total Equity	35 332 000	37 998 000	43 068 000	46 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	172 662 000	154 012 000	132 429 000	113 386 000
Creditors	309 000	277 000	97 000	253 000
Unpaid Taxes	1 143 000	1 126 000	1 152 000	1 069 000
Dividends	0	1 500 000	1 500 000	0
Other Current Debt	1 602 000	2 081 000	1 747 000	1 490 000
Total Current Debt	3 054 000	3 484 000	2 996 000	2 811 000
Total Equity and Debt	211 047 000	195 494 000	178 493 000	162 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,55 %	−9,38 %	−4,64 %	1,86 %
Debt-to-Equity Ratio	4,89	4,05	3,07	2,44
Operating Profit Margin	−16,09 %	−22,18 %	−16,93 %	−3,24 %
Current Ratio	0,52	0,59	0,48	0,57
Quick Ratio	0,52	0,59	0,48	0,57
Equity Ratio	0,17	0,19	0,24	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %