FRANKS PALLER AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

34,41 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 540 000	2 478 000	1 600 000
Net Income	171 000	354 000	72 000
Total Assets	907 000	850 000	410 000
Total Equity	497 000	426 000	272 000

Income (NOK)	2022	2021	2020
Revenue	2 540 000	2 478 000	1 600 000
Expenditure	2 320 000	2 024 000	1 499 000
Operating Profit	219 000	455 000	100 000
Financial Income	0	0	0
Financial Costs	0	1 000	8 000
Financial Balance	0	−1 000	−8 000
Earnings Before Tax	219 000	453 000	93 000
Tax	48 000	100 000	20 000
Net Income	171 000	354 000	72 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	63 000	87 000	80 000
Total Current Assets	844 000	763 000	330 000
Total Assets	907 000	850 000	410 000
Total Retained Equity	297 000	226 000	72 000
Total Equity	497 000	426 000	272 000
Total Long-Term Debt	1 000	4 000	54 000
Total Current Debt	410 000	420 000	84 000
Total Equity and Debt	907 000	850 000	410 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 540 000	2 478 000	1 600 000
Other Income	0	0	0
Revenue	2 540 000	2 478 000	1 600 000
Cost of Goods Sold	1 202 000	1 034 000	683 000
Salary Costs	467 000	478 000	377 000
Depreciation	24 000	17 000	4 000
Impairment	0	0	0
Expenditure	2 320 000	2 024 000	1 499 000
Operating Profit	219 000	455 000	100 000
Financial Income	0	0	0
Financial Costs	0	1 000	8 000
Financial Balance	0	−1 000	−8 000
Dividends	100 000	200 000	0
Net Income	171 000	354 000	72 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	43 000	54 000	66 000
Fixtures	20 000	33 000	0
Total Tangible Assets	63 000	87 000	66 000
Total Fiancial Fixed Assets	0	0	14 000
Total Fixed Assets	63 000	87 000	80 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	520 000	360 000	222 000
Total Current Assets	844 000	763 000	330 000
Total Assets	907 000	850 000	410 000
Total Equity	497 000	426 000	272 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	4 000	54 000
Creditors	140 000	21 000	36 000
Unpaid Taxes	80 000	57 000	96 000
Dividends	100 000	200 000	0
Other Current Debt	38 000	44 000	−67 000
Total Current Debt	410 000	420 000	84 000
Total Equity and Debt	907 000	850 000	410 000

Financial indicators	2022	2021	2020
Return on Equity	34,41 %	83,1 %	26,47 %
Debt-to-Equity Ratio	0	0,01	0,2
Operating Profit Margin	8,62 %	18,36 %	6,25 %
Current Ratio	2,06	1,82	3,93
Quick Ratio	2,06	1,82	3,93
Equity Ratio	0,55	0,5	0,66
Gross Profit Margin	52,68 %	58,27 %	57,31 %