PALMQVIST AS

0756 OSLO

Finances

Return on Equity

21,35 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 507 000	22 839 000	22 197 000	21 095 000
Net Income	1 113 000	1 931 000	2 957 000	1 476 000
Total Assets	15 683 000	16 673 000	16 218 000	13 756 000
Total Equity	5 213 000	7 201 000	8 270 000	6 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 507 000	22 839 000	22 197 000	21 095 000
Expenditure	21 023 000	20 322 000	18 343 000	19 137 000
Operating Profit	1 484 000	2 518 000	3 853 000	1 959 000
Financial Income	22 000	31 000	25 000	30 000
Financial Costs	79 000	73 000	87 000	97 000
Financial Balance	−57 000	−42 000	−62 000	−67 000
Earnings Before Tax	1 426 000	2 475 000	3 791 000	1 892 000
Tax	314 000	545 000	834 000	416 000
Net Income	1 113 000	1 931 000	2 957 000	1 476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 610 000	1 337 000	1 506 000	1 388 000
Total Current Assets	14 073 000	15 336 000	14 712 000	12 368 000
Total Assets	15 683 000	16 673 000	16 218 000	13 756 000
Total Retained Equity	5 113 000	7 101 000	8 170 000	6 712 000
Total Equity	5 213 000	7 201 000	8 270 000	6 812 000
Total Long-Term Debt	1 244 000	1 309 000	1 539 000	1 747 000
Total Current Debt	9 225 000	8 163 000	6 409 000	5 196 000
Total Equity and Debt	15 683 000	16 673 000	16 218 000	13 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 185 000	3 154 000	2 295 000	3 592 000
Other Income	19 322 000	19 685 000	19 902 000	17 503 000
Revenue	22 507 000	22 839 000	22 197 000	21 095 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 345 000	15 644 000	14 728 000	14 081 000
Depreciation	211 000	169 000	184 000	566 000
Impairment	0	0	0	0
Expenditure	21 023 000	20 322 000	18 343 000	19 137 000
Operating Profit	1 484 000	2 518 000	3 853 000	1 959 000
Financial Income	22 000	31 000	25 000	30 000
Financial Costs	79 000	73 000	87 000	97 000
Financial Balance	−57 000	−42 000	−62 000	−67 000
Dividends	0	0	0	0
Net Income	1 113 000	1 931 000	2 957 000	1 476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	73 000
Real Eastate	528 000	596 000	628 000	660 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	992 000	741 000	878 000	655 000
Total Tangible Assets	1 520 000	1 337 000	1 506 000	1 314 000
Total Fiancial Fixed Assets	90 000	0	0	0
Total Fixed Assets	1 610 000	1 337 000	1 506 000	1 388 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 251 000	14 329 000	14 191 000	11 669 000
Total Current Assets	14 073 000	15 336 000	14 712 000	12 368 000
Total Assets	15 683 000	16 673 000	16 218 000	13 756 000
Total Equity	5 213 000	7 201 000	8 270 000	6 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 244 000	1 309 000	1 539 000	1 747 000
Creditors	1 645 000	2 060 000	1 058 000	965 000
Unpaid Taxes	956 000	977 000	945 000	881 000
Dividends	0	0	0	0
Other Current Debt	6 315 000	4 585 000	3 677 000	2 972 000
Total Current Debt	9 225 000	8 163 000	6 409 000	5 196 000
Total Equity and Debt	15 683 000	16 673 000	16 218 000	13 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,35 %	26,82 %	35,76 %	21,67 %
Debt-to-Equity Ratio	0,24	0,18	0,19	0,26
Operating Profit Margin	6,59 %	11,03 %	17,36 %	9,29 %
Current Ratio	1,53	1,88	2,3	2,38
Quick Ratio	1,53	1,88	2,3	2,38
Equity Ratio	0,33	0,43	0,51	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %