PALMAKO NORGE AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

33,39 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 044 000	44 235 000	45 780 000	31 055 000
Net Income	1 568 000	18 000	2 614 000	187 000
Total Assets	7 242 000	8 158 000	9 849 000	4 887 000
Total Equity	4 696 000	3 128 000	3 110 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 044 000	44 235 000	45 780 000	31 055 000
Expenditure	46 036 000	44 126 000	42 703 000	30 768 000
Operating Profit	2 009 000	109 000	3 076 000	287 000
Financial Income	12 000	12 000	14 000	10 000
Financial Costs	4 000	97 000	155 000	130 000
Financial Balance	8 000	−85 000	−141 000	−120 000
Earnings Before Tax	2 017 000	23 000	2 935 000	167 000
Tax	449 000	5 000	321 000	−19 000
Net Income	1 568 000	18 000	2 614 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 161 000	1 361 000	1 110 000	659 000
Total Current Assets	6 081 000	6 797 000	8 739 000	4 228 000
Total Assets	7 242 000	8 158 000	9 849 000	4 887 000
Total Retained Equity	3 696 000	2 128 000	2 110 000	−504 000
Total Equity	4 696 000	3 128 000	3 110 000	496 000
Total Long-Term Debt	14 000	0	0	0
Total Current Debt	2 533 000	5 030 000	6 739 000	4 391 000
Total Equity and Debt	7 242 000	8 158 000	9 849 000	4 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 883 000	44 235 000	45 768 000	31 055 000
Other Income	161 000	0	11 000	0
Revenue	48 044 000	44 235 000	45 780 000	31 055 000
Cost of Goods Sold	28 822 000	28 077 000	35 856 000	25 784 000
Salary Costs	3 714 000	3 609 000	3 032 000	2 356 000
Depreciation	331 000	336 000	333 000	264 000
Impairment	0	0	0	0
Expenditure	46 036 000	44 126 000	42 703 000	30 768 000
Operating Profit	2 009 000	109 000	3 076 000	287 000
Financial Income	12 000	12 000	14 000	10 000
Financial Costs	4 000	97 000	155 000	130 000
Financial Balance	8 000	−85 000	−141 000	−120 000
Dividends	0	0	0	0
Net Income	1 568 000	18 000	2 614 000	187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	12 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 161 000	1 353 000	1 098 000	655 000
Total Tangible Assets	1 161 000	1 353 000	1 098 000	655 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 161 000	1 361 000	1 110 000	659 000
Stock	124 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 790 000	5 823 000	7 760 000	2 479 000
Total Current Assets	6 081 000	6 797 000	8 739 000	4 228 000
Total Assets	7 242 000	8 158 000	9 849 000	4 887 000
Total Equity	4 696 000	3 128 000	3 110 000	496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	0	0	0
Creditors	872 000	3 183 000	2 248 000	1 003 000
Unpaid Taxes	399 000	257 000	356 000	387 000
Dividends	0	0	0	0
Other Current Debt	835 000	1 588 000	3 807 000	3 001 000
Total Current Debt	2 533 000	5 030 000	6 739 000	4 391 000
Total Equity and Debt	7 242 000	8 158 000	9 849 000	4 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,39 %	0,58 %	84,05 %	37,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,18 %	0,25 %	6,72 %	0,92 %
Current Ratio	2,4	1,35	1,3	0,96
Quick Ratio	2,52	1,35	1,3	0,96
Equity Ratio	0,65	0,38	0,32	0,1
Gross Profit Margin	40,01 %	36,53 %	21,68 %	16,97 %