PALLENS EIGEDOM AS

5730 ULVIK

Finances

Return on Equity

25 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	93 000	159 000	156 000
Net Income	10 000	312 000	35 000	−2 000
Total Assets	49 000	991 000	625 000	624 000
Total Equity	40 000	130 000	624 000	589 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	93 000	159 000	156 000
Expenditure	41 000	177 000	123 000	167 000
Operating Profit	9 000	−84 000	36 000	−10 000
Financial Income	1 000	399 000	9 000	9 000
Financial Costs	0	0	0	0
Financial Balance	1 000	399 000	9 000	9 000
Earnings Before Tax	10 000	315 000	45 000	−2 000
Tax	0	3 000	10 000	0
Net Income	10 000	312 000	35 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	37 000	294 000	114 000
Total Current Assets	13 000	954 000	331 000	510 000
Total Assets	49 000	991 000	625 000	624 000
Total Retained Equity	10 000	30 000	514 000	479 000
Total Equity	40 000	130 000	624 000	589 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 000	861 000	1 000	35 000
Total Equity and Debt	49 000	991 000	625 000	624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	35 000
Other Income	51 000	93 000	158 000	121 000
Revenue	51 000	93 000	159 000	156 000
Cost of Goods Sold	0	0	0	50 000
Salary Costs	0	0	0	0
Depreciation	0	45 000	28 000	24 000
Impairment	0	0	0	0
Expenditure	41 000	177 000	123 000	167 000
Operating Profit	9 000	−84 000	36 000	−10 000
Financial Income	1 000	399 000	9 000	9 000
Financial Costs	0	0	0	0
Financial Balance	1 000	399 000	9 000	9 000
Dividends	0	801 000	0	0
Net Income	10 000	312 000	35 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	13 000
Real Eastate	37 000	37 000	37 000	37 000
Machinery and Plant Facilities	0	0	217 000	27 000
Fixtures	0	0	0	0
Total Tangible Assets	37 000	37 000	254 000	64 000
Total Fiancial Fixed Assets	0	0	37 000	37 000
Total Fixed Assets	37 000	37 000	294 000	114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	249 000	234 000	441 000
Total Current Assets	13 000	954 000	331 000	510 000
Total Assets	49 000	991 000	625 000	624 000
Total Equity	40 000	130 000	624 000	589 000
Short-Term Group Debt	0	5 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	10 000	55 000	0	35 000
Dividends	0	801 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	10 000	861 000	1 000	35 000
Total Equity and Debt	49 000	991 000	625 000	624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	240 %	5,61 %	−0,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,65 %	−90,32 %	22,64 %	−6,41 %
Current Ratio	1,3	1,11	331	14,57
Quick Ratio	1,3	1,11	331	14,57
Equity Ratio	0,82	0,13	1	0,94
Gross Profit Margin	100 %	100 %	100 %	67,95 %