PALAENG CAFE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

52,38 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 286 000	1 962 000	2 260 000	1 001 000
Net Income	121 000	−39 000	138 000	−18 000
Total Assets	634 000	429 000	494 000	732 000
Total Equity	231 000	110 000	150 000	12 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 286 000	1 962 000	2 260 000	1 001 000
Expenditure	4 062 000	1 982 000	2 067 000	1 021 000
Operating Profit	224 000	−20 000	194 000	−19 000
Financial Income	0	0	0	0
Financial Costs	38 000	30 000	17 000	4 000
Financial Balance	−38 000	−30 000	−17 000	−4 000
Earnings Before Tax	186 000	−51 000	177 000	−23 000
Tax	65 000	−11 000	39 000	−5 000
Net Income	121 000	−39 000	138 000	−18 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	143 000	287 000	377 000	472 000
Total Current Assets	491 000	142 000	117 000	260 000
Total Assets	634 000	429 000	494 000	732 000
Total Retained Equity	201 000	80 000	120 000	−18 000
Total Equity	231 000	110 000	150 000	12 000
Total Long-Term Debt	0	0	8 000	0
Total Current Debt	403 000	318 000	337 000	720 000
Total Equity and Debt	634 000	429 000	494 000	732 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 736 000	1 929 000	2 260 000	1 001 000
Other Income	550 000	33 000	0	0
Revenue	4 286 000	1 962 000	2 260 000	1 001 000
Cost of Goods Sold	1 763 000	854 000	653 000	254 000
Salary Costs	1 275 000	395 000	669 000	409 000
Depreciation	90 000	90 000	90 000	38 000
Impairment	0	0	0	0
Expenditure	4 062 000	1 982 000	2 067 000	1 021 000
Operating Profit	224 000	−20 000	194 000	−19 000
Financial Income	0	0	0	0
Financial Costs	38 000	30 000	17 000	4 000
Financial Balance	−38 000	−30 000	−17 000	−4 000
Dividends	0	0	0	0
Net Income	121 000	−39 000	138 000	−18 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	143 000	233 000	323 000	413 000
Total Tangible Assets	143 000	233 000	323 000	413 000
Total Fiancial Fixed Assets	0	54 000	54 000	54 000
Total Fixed Assets	143 000	287 000	377 000	472 000
Stock	85 000	36 000	20 000	19 000
Total Investments	0	0	0	0
Cash, Bank	192 000	55 000	82 000	186 000
Total Current Assets	491 000	142 000	117 000	260 000
Total Assets	634 000	429 000	494 000	732 000
Total Equity	231 000	110 000	150 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	0
Creditors	49 000	147 000	17 000	38 000
Unpaid Taxes	105 000	46 000	79 000	139 000
Dividends	0	0	0	0
Other Current Debt	180 000	125 000	215 000	543 000
Total Current Debt	403 000	318 000	337 000	720 000
Total Equity and Debt	634 000	429 000	494 000	732 000

Financial indicators	2021	2020	2019	2018
Return on Equity	52,38 %	−35,45 %	92 %	−150 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	5,23 %	−1,02 %	8,58 %	−1,9 %
Current Ratio	1,22	0,45	0,35	0,36
Quick Ratio	1,54	0,5	0,37	0,37
Equity Ratio	0,36	0,26	0,3	0,02
Gross Profit Margin	58,87 %	56,47 %	71,11 %	74,63 %