PALMEHAGEN AS

5570 AKSDAL

Finances

Share Ownership

Return on Equity

14,62 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 053 000	4 181 000	3 749 000	3 423 000
Net Income	37 000	94 000	93 000	−67 000
Total Assets	988 000	953 000	980 000	839 000
Total Equity	253 000	216 000	122 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 053 000	4 181 000	3 749 000	3 423 000
Expenditure	4 006 000	4 059 000	3 630 000	3 505 000
Operating Profit	48 000	121 000	120 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	48 000	121 000	120 000	−86 000
Tax	11 000	27 000	26 000	−19 000
Net Income	37 000	94 000	93 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	56 000	69 000	95 000
Total Current Assets	946 000	897 000	911 000	744 000
Total Assets	988 000	953 000	980 000	839 000
Total Retained Equity	143 000	106 000	12 000	−81 000
Total Equity	253 000	216 000	122 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	735 000	736 000	858 000	810 000
Total Equity and Debt	988 000	953 000	980 000	839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 053 000	4 181 000	3 749 000	3 423 000
Other Income	0	0	0	0
Revenue	4 053 000	4 181 000	3 749 000	3 423 000
Cost of Goods Sold	1 696 000	1 861 000	1 663 000	1 449 000
Salary Costs	1 694 000	1 642 000	1 233 000	1 193 000
Depreciation	3 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	4 006 000	4 059 000	3 630 000	3 505 000
Operating Profit	48 000	121 000	120 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	37 000	94 000	93 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	43 000	69 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	13 000	0	0
Total Tangible Assets	10 000	13 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	56 000	69 000	95 000
Stock	313 000	307 000	260 000	340 000
Total Investments	0	0	0	0
Cash, Bank	588 000	509 000	577 000	346 000
Total Current Assets	946 000	897 000	911 000	744 000
Total Assets	988 000	953 000	980 000	839 000
Total Equity	253 000	216 000	122 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	148 000	188 000	253 000	152 000
Unpaid Taxes	156 000	150 000	179 000	166 000
Dividends	0	0	0	0
Other Current Debt	431 000	398 000	426 000	493 000
Total Current Debt	735 000	736 000	858 000	810 000
Total Equity and Debt	988 000	953 000	980 000	839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,62 %	43,52 %	76,23 %	−231,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,18 %	2,89 %	3,2 %	−2,4 %
Current Ratio	1,29	1,22	1,06	0,92
Quick Ratio	2,24	2,09	1,52	1,58
Equity Ratio	0,26	0,23	0,12	0,03
Gross Profit Margin	58,15 %	55,49 %	55,64 %	57,67 %