PALMAFOSSEN AS

5262 ARNATVEIT

Finances

Share Ownership

Return on Equity

8,85 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 664 000	4 505 000	4 429 000	4 350 000
Net Income	2 785 000	2 722 000	2 602 000	2 451 000
Total Assets	35 085 000	35 568 000	32 797 000	33 147 000
Total Equity	31 481 000	31 389 000	31 889 000	29 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 664 000	4 505 000	4 429 000	4 350 000
Expenditure	1 153 000	1 036 000	1 035 000	1 045 000
Operating Profit	3 510 000	3 468 000	3 394 000	3 304 000
Financial Income	60 000	22 000	5 000	11 000
Financial Costs	0	0	63 000	173 000
Financial Balance	60 000	22 000	−58 000	−162 000
Earnings Before Tax	3 570 000	3 490 000	3 336 000	3 142 000
Tax	785 000	768 000	734 000	691 000
Net Income	2 785 000	2 722 000	2 602 000	2 451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 692 000	31 560 000	32 329 000	33 111 000
Total Current Assets	3 393 000	4 008 000	467 000	36 000
Total Assets	35 085 000	35 568 000	32 797 000	33 147 000
Total Retained Equity	31 382 000	31 289 000	31 789 000	29 187 000
Total Equity	31 481 000	31 389 000	31 889 000	29 287 000
Total Long-Term Debt	133 000	0	0	3 000 000
Total Current Debt	3 471 000	4 179 000	908 000	860 000
Total Equity and Debt	35 085 000	35 568 000	32 797 000	33 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 664 000	4 505 000	4 429 000	4 350 000
Revenue	4 664 000	4 505 000	4 429 000	4 350 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	802 000	777 000	777 000	777 000
Impairment	0	0	0	0
Expenditure	1 153 000	1 036 000	1 035 000	1 045 000
Operating Profit	3 510 000	3 468 000	3 394 000	3 304 000
Financial Income	60 000	22 000	5 000	11 000
Financial Costs	0	0	63 000	173 000
Financial Balance	60 000	22 000	−58 000	−162 000
Dividends	0	0	0	0
Net Income	2 785 000	2 722 000	2 602 000	2 451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	62 000	54 000	58 000
Real Eastate	31 692 000	31 498 000	32 275 000	33 052 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	31 692 000	31 498 000	32 275 000	33 052 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 692 000	31 560 000	32 329 000	33 111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	3 393 000	4 008 000	467 000	36 000
Total Assets	35 085 000	35 568 000	32 797 000	33 147 000
Total Equity	31 481 000	31 389 000	31 889 000	29 287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 000	0	0	3 000 000
Creditors	0	0	0	12 000
Unpaid Taxes	188 000	181 000	178 000	174 000
Dividends	0	0	0	0
Other Current Debt	3 283 000	3 998 000	0	0
Total Current Debt	3 471 000	4 179 000	908 000	860 000
Total Equity and Debt	35 085 000	35 568 000	32 797 000	33 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,85 %	8,67 %	8,16 %	8,37 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	75,26 %	76,98 %	76,63 %	75,95 %
Current Ratio	0,98	0,96	0,51	0,04
Quick Ratio	0,98	0,96	0,51	0,04
Equity Ratio	0,9	0,88	0,97	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %