PALLEFABRIKKEN AS

6146 ÅHEIM

Finances

Share Ownership

Return on Equity

15,3 %

Current Ratio

3,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	833 000	674 000	731 000
Net Income	216 000	150 000	136 000	110 000
Total Assets	1 493 000	1 278 000	1 213 000	968 000
Total Equity	1 412 000	1 196 000	1 046 000	909 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	833 000	674 000	731 000
Expenditure	782 000	656 000	470 000	593 000
Operating Profit	298 000	178 000	203 000	139 000
Financial Income	23 000	15 000	3 000	3 000
Financial Costs	44 000	0	31 000	0
Financial Balance	−21 000	15 000	−28 000	3 000
Earnings Before Tax	277 000	193 000	175 000	141 000
Tax	61 000	42 000	38 000	31 000
Net Income	216 000	150 000	136 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 184 000	414 000	415 000	416 000
Total Current Assets	309 000	864 000	798 000	552 000
Total Assets	1 493 000	1 278 000	1 213 000	968 000
Total Retained Equity	1 312 000	1 096 000	946 000	809 000
Total Equity	1 412 000	1 196 000	1 046 000	909 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	82 000	168 000	59 000
Total Equity and Debt	1 493 000	1 278 000	1 213 000	968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	916 000	676 000	521 000	580 000
Other Income	164 000	157 000	153 000	151 000
Revenue	1 080 000	833 000	674 000	731 000
Cost of Goods Sold	710 000	587 000	404 000	502 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	21 000
Impairment	0	0	0	0
Expenditure	782 000	656 000	470 000	593 000
Operating Profit	298 000	178 000	203 000	139 000
Financial Income	23 000	15 000	3 000	3 000
Financial Costs	44 000	0	31 000	0
Financial Balance	−21 000	15 000	−28 000	3 000
Dividends	0	0	0	0
Net Income	216 000	150 000	136 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	43 000	44 000	44 000
Real Eastate	372 000	372 000	372 000	372 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	372 000	372 000	372 000	372 000
Total Fiancial Fixed Assets	771 000	0	0	0
Total Fixed Assets	1 184 000	414 000	415 000	416 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	852 000	778 000	542 000
Total Current Assets	309 000	864 000	798 000	552 000
Total Assets	1 493 000	1 278 000	1 213 000	968 000
Total Equity	1 412 000	1 196 000	1 046 000	909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	31 000	7 000	20 000
Unpaid Taxes	13 000	8 000	5 000	4 000
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	118 000	1 000
Total Current Debt	81 000	82 000	168 000	59 000
Total Equity and Debt	1 493 000	1 278 000	1 213 000	968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,3 %	12,54 %	13 %	12,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,59 %	21,37 %	30,12 %	19,02 %
Current Ratio	3,81	10,54	4,75	9,36
Quick Ratio	3,81	10,54	4,75	9,36
Equity Ratio	0,95	0,94	0,86	0,94
Gross Profit Margin	34,26 %	29,53 %	40,06 %	31,33 %