PALERMO AS

5094 BERGEN

Finances

Share Ownership

Return on Equity

40,34 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	5 877 000	4 849 000	0
Net Income	−286 000	−189 000	−82 000
Total Assets	415 000	458 000	390 000
Total Equity	−709 000	−241 000	−52 000

Income (NOK)	2022	2021	2020
Revenue	5 877 000	4 849 000	0
Expenditure	6 151 000	5 038 000	83 000
Operating Profit	−274 000	−188 000	−82 000
Financial Income	0	0	0
Financial Costs	12 000	1 000	0
Financial Balance	−12 000	−1 000	0
Earnings Before Tax	−286 000	−189 000	−82 000
Tax	0	0	0
Net Income	−286 000	−189 000	−82 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	299 000	299 000	389 000
Total Current Assets	117 000	159 000	2 000
Total Assets	415 000	458 000	390 000
Total Retained Equity	−739 000	−271 000	−82 000
Total Equity	−709 000	−241 000	−52 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 124 000	699 000	443 000
Total Equity and Debt	415 000	458 000	390 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 858 000	4 849 000	0
Other Income	19 000	0	0
Revenue	5 877 000	4 849 000	0
Cost of Goods Sold	1 909 000	1 930 000	0
Salary Costs	2 393 000	1 696 000	0
Depreciation	0	90 000	60 000
Impairment	0	0	0
Expenditure	6 151 000	5 038 000	83 000
Operating Profit	−274 000	−188 000	−82 000
Financial Income	0	0	0
Financial Costs	12 000	1 000	0
Financial Balance	−12 000	−1 000	0
Dividends	0	0	0
Net Income	−286 000	−189 000	−82 000

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	0	0	0
Fixtures	299 000	299 000	389 000
Total Tangible Assets	299 000	299 000	389 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	299 000	299 000	389 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	12 000	124 000	2 000
Total Current Assets	117 000	159 000	2 000
Total Assets	415 000	458 000	390 000
Total Equity	−709 000	−241 000	−52 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	188 000	184 000	157 000
Unpaid Taxes	400 000	319 000	−95 000
Dividends	0	0	0
Other Current Debt	536 000	196 000	381 000
Total Current Debt	1 124 000	699 000	443 000
Total Equity and Debt	415 000	458 000	390 000

Financial indicators	2022	2021	2020
Return on Equity	40,34 %	78,42 %	157,69 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−4,66 %	−3,88 %	-
Current Ratio	0,1	0,23	0
Quick Ratio	0,1	0,23	0
Equity Ratio	−1,71	−0,53	−0,13
Gross Profit Margin	67,52 %	60,2 %	-