PALNOR AS

3510 HØNEFOSS

Finances

Share Ownership

Return on Equity

−236,67 %

Current Ratio

1,24

Debt-to-Equity Ratio

12,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 831 000	1 721 000	1 469 000	2 204 000
Net Income	−71 000	−358 000	−618 000	−378 000
Total Assets	602 000	538 000	657 000	995 000
Total Equity	30 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 831 000	1 721 000	1 469 000	2 204 000
Expenditure	3 901 000	2 079 000	2 086 000	2 582 000
Operating Profit	−71 000	−358 000	−618 000	−378 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−71 000	−358 000	−618 000	−378 000
Tax	0	0	0	0
Net Income	−71 000	−358 000	−618 000	−378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	341 000	224 000	280 000	250 000
Total Current Assets	261 000	314 000	377 000	745 000
Total Assets	602 000	538 000	657 000	995 000
Total Retained Equity	0	0	0	0
Total Equity	30 000	30 000	30 000	30 000
Total Long-Term Debt	362 000	477 000	580 000	720 000
Total Current Debt	210 000	31 000	47 000	245 000
Total Equity and Debt	602 000	538 000	657 000	995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 831 000	1 721 000	1 469 000	2 204 000
Other Income	0	0	0	0
Revenue	3 831 000	1 721 000	1 469 000	2 204 000
Cost of Goods Sold	1 736 000	1 419 000	1 372 000	1 715 000
Salary Costs	1 864 000	660 000	714 000	867 000
Depreciation	85 000	0	0	0
Impairment	65 000	0	0	0
Expenditure	3 901 000	2 079 000	2 086 000	2 582 000
Operating Profit	−71 000	−358 000	−618 000	−378 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−71 000	−358 000	−618 000	−378 000

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	341 000	224 000	280 000	250 000
Total Tangible Assets	341 000	224 000	280 000	250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	341 000	224 000	280 000	250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	250 000	292 000	745 000
Total Current Assets	261 000	314 000	377 000	745 000
Total Assets	602 000	538 000	657 000	995 000
Total Equity	30 000	30 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	362 000	477 000	580 000	720 000
Creditors	210 000	31 000	47 000	245 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	210 000	31 000	47 000	245 000
Total Equity and Debt	602 000	538 000	657 000	995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−236,67 %	−1 193,33 %	−2 060 %	−1 260 %
Debt-to-Equity Ratio	12,07	15,9	19,33	24
Operating Profit Margin	−1,85 %	−20,8 %	−42,07 %	−17,15 %
Current Ratio	1,24	10,13	8,02	3,04
Quick Ratio	1,24	10,13	8,02	3,04
Equity Ratio	0,05	0,06	0,05	0,03
Gross Profit Margin	54,69 %	17,55 %	6,6 %	22,19 %