PALMEHAVEN AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

−390,16 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	931 000	1 360 000	582 000
Net Income	−238 000	358 000	−83 000
Total Assets	202 000	469 000	86 000
Total Equity	61 000	299 000	−59 000

Income (NOK)	2022	2021	2020
Revenue	931 000	1 360 000	582 000
Expenditure	1 169 000	925 000	663 000
Operating Profit	−239 000	434 000	−81 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Earnings Before Tax	−239 000	434 000	−83 000
Tax	−1 000	76 000	0
Net Income	−238 000	358 000	−83 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	71 000	113 000	16 000
Total Current Assets	131 000	356 000	70 000
Total Assets	202 000	469 000	86 000
Total Retained Equity	31 000	269 000	−83 000
Total Equity	61 000	299 000	−59 000
Total Long-Term Debt	0	1 000	0
Total Current Debt	141 000	168 000	145 000
Total Equity and Debt	202 000	469 000	86 000

Cash flow (NOK)	2022	2021	2020
Sales Income	931 000	680 000	582 000
Other Income	0	679 000	0
Revenue	931 000	1 360 000	582 000
Cost of Goods Sold	294 000	254 000	239 000
Salary Costs	397 000	375 000	141 000
Depreciation	42 000	24 000	2 000
Impairment	0	0	0
Expenditure	1 169 000	925 000	663 000
Operating Profit	−239 000	434 000	−81 000
Financial Income	0	0	0
Financial Costs	0	0	3 000
Financial Balance	0	0	−3 000
Dividends	0	0	0
Net Income	−238 000	358 000	−83 000

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	16 000	26 000	16 000
Fixtures	55 000	87 000	0
Total Tangible Assets	71 000	113 000	16 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	71 000	113 000	16 000
Stock	0	5 000	1 000
Total Investments	0	0	0
Cash, Bank	43 000	343 000	21 000
Total Current Assets	131 000	356 000	70 000
Total Assets	202 000	469 000	86 000
Total Equity	61 000	299 000	−59 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	0
Creditors	79 000	3 000	75 000
Unpaid Taxes	5 000	6 000	4 000
Dividends	0	0	0
Other Current Debt	57 000	85 000	66 000
Total Current Debt	141 000	168 000	145 000
Total Equity and Debt	202 000	469 000	86 000

Financial indicators	2022	2021	2020
Return on Equity	−390,16 %	119,73 %	140,68 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	−25,67 %	31,91 %	−13,92 %
Current Ratio	0,93	2,12	0,48
Quick Ratio	0,93	2,18	0,49
Equity Ratio	0,3	0,64	−0,69
Gross Profit Margin	68,42 %	81,32 %	58,93 %