PALETT FOOD AS

0179 OSLO

Finances

Share Ownership

Return on Equity

62,98 %

Current Ratio

1,04

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020
Revenue	12 139 000	4 358 000	1 044 000
Net Income	−6 432 000	−2 883 000	−982 000
Total Assets	3 166 000	1 518 000	1 321 000
Total Equity	−10 213 000	−3 831 000	−948 000

Income (NOK)	2022	2021	2020
Revenue	12 139 000	4 358 000	1 044 000
Expenditure	18 035 000	7 376 000	1 976 000
Operating Profit	−5 895 000	−2 911 000	−932 000
Financial Income	0	1 000	0
Financial Costs	537 000	−27 000	50 000
Financial Balance	−537 000	28 000	−50 000
Earnings Before Tax	−6 432 000	−2 883 000	−982 000
Tax	0	0	0
Net Income	−6 432 000	−2 883 000	−982 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 224 000	124 000	0
Total Current Assets	1 941 000	1 395 000	1 321 000
Total Assets	3 166 000	1 518 000	1 321 000
Total Retained Equity	−10 302 000	−3 865 000	−982 000
Total Equity	−10 213 000	−3 831 000	−948 000
Total Long-Term Debt	11 505 000	4 263 000	1 860 000
Total Current Debt	1 873 000	1 086 000	409 000
Total Equity and Debt	3 166 000	1 518 000	1 321 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 079 000	4 358 000	1 044 000
Other Income	60 000	0	0
Revenue	12 139 000	4 358 000	1 044 000
Cost of Goods Sold	8 917 000	3 432 000	959 000
Salary Costs	5 906 000	2 445 000	200 000
Depreciation	30 000	28 000	0
Impairment	124 000	0	0
Expenditure	18 035 000	7 376 000	1 976 000
Operating Profit	−5 895 000	−2 911 000	−932 000
Financial Income	0	1 000	0
Financial Costs	537 000	−27 000	50 000
Financial Balance	−537 000	28 000	−50 000
Dividends	0	0	0
Net Income	−6 432 000	−2 883 000	−982 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 224 000	124 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 224 000	124 000	0
Stock	187 000	148 000	0
Total Investments	0	0	0
Cash, Bank	1 279 000	1 112 000	1 178 000
Total Current Assets	1 941 000	1 395 000	1 321 000
Total Assets	3 166 000	1 518 000	1 321 000
Total Equity	−10 213 000	−3 831 000	−948 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 505 000	4 263 000	1 860 000
Creditors	430 000	376 000	314 000
Unpaid Taxes	405 000	194 000	3 000
Dividends	0	0	0
Other Current Debt	1 038 000	517 000	92 000
Total Current Debt	1 873 000	1 086 000	409 000
Total Equity and Debt	3 166 000	1 518 000	1 321 000

Financial indicators	2022	2021	2020
Return on Equity	62,98 %	75,25 %	103,59 %
Debt-to-Equity Ratio	−1,13	−1,11	−1,96
Operating Profit Margin	−48,56 %	−66,8 %	−89,27 %
Current Ratio	1,04	1,28	3,23
Quick Ratio	1,15	1,49	3,23
Equity Ratio	−3,23	−2,52	−0,72
Gross Profit Margin	26,54 %	21,25 %	8,14 %