PALMER GROUP AS

0159 OSLO

Finances

Return on Equity

55,81 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	366 772 000	398 026 000	363 788 000	256 160 000
Net Income	17 935 000	21 741 000	12 103 000	2 461 000
Total Assets	129 947 000	135 462 000	126 230 000	75 328 000
Total Equity	32 137 000	38 231 000	33 376 000	21 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	366 772 000	398 026 000	363 788 000	256 160 000
Expenditure	344 401 000	371 107 000	345 773 000	252 618 000
Operating Profit	22 371 000	26 919 000	18 014 000	3 542 000
Financial Income	8 919 000	15 342 000	11 541 000	2 915 000
Financial Costs	8 211 000	14 187 000	13 645 000	2 984 000
Financial Balance	708 000	1 155 000	−2 104 000	−69 000
Earnings Before Tax	23 079 000	28 074 000	15 910 000	3 473 000
Tax	5 144 000	6 333 000	3 807 000	1 012 000
Net Income	17 935 000	21 741 000	12 103 000	2 461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 474 000	2 586 000	2 015 000	3 164 000
Total Current Assets	124 473 000	132 876 000	124 215 000	72 164 000
Total Assets	129 947 000	135 462 000	126 230 000	75 328 000
Total Retained Equity	19 873 000	26 920 000	23 152 000	10 886 000
Total Equity	32 137 000	38 231 000	33 376 000	21 135 000
Total Long-Term Debt	0	0	1 130 000	2 259 000
Total Current Debt	97 810 000	97 231 000	91 724 000	51 934 000
Total Equity and Debt	129 947 000	135 462 000	126 230 000	75 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 909 000	233 218 000	193 667 000	255 279 000
Other Income	145 863 000	164 807 000	170 121 000	881 000
Revenue	366 772 000	398 026 000	363 788 000	256 160 000
Cost of Goods Sold	304 069 000	334 678 000	315 099 000	219 998 000
Salary Costs	24 532 000	23 883 000	19 421 000	19 895 000
Depreciation	386 000	957 000	1 620 000	1 113 000
Impairment	0	0	0	0
Expenditure	344 401 000	371 107 000	345 773 000	252 618 000
Operating Profit	22 371 000	26 919 000	18 014 000	3 542 000
Financial Income	8 919 000	15 342 000	11 541 000	2 915 000
Financial Costs	8 211 000	14 187 000	13 645 000	2 984 000
Financial Balance	708 000	1 155 000	−2 104 000	−69 000
Dividends	25 000 000	11 000 000	0	0
Net Income	17 935 000	21 741 000	12 103 000	2 461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	242 000	1 157 000	1 720 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000 000	1 331 000	859 000	1 395 000
Total Tangible Assets	1 000 000	1 331 000	859 000	1 395 000
Total Fiancial Fixed Assets	4 236 000	1 012 000	0	50 000
Total Fixed Assets	5 474 000	2 586 000	2 015 000	3 164 000
Stock	36 373 000	32 046 000	28 034 000	19 942 000
Total Investments	0	0	0	0
Cash, Bank	29 395 000	36 356 000	40 319 000	8 807 000
Total Current Assets	124 473 000	132 876 000	124 215 000	72 164 000
Total Assets	129 947 000	135 462 000	126 230 000	75 328 000
Total Equity	32 137 000	38 231 000	33 376 000	21 135 000
Short-Term Group Debt	25 000 000	0	0	0
Total Long-Term Debt	0	0	1 130 000	2 259 000
Creditors	40 435 000	52 403 000	62 627 000	32 331 000
Unpaid Taxes	23 084 000	23 914 000	22 607 000	15 403 000
Dividends	25 000 000	11 000 000	0	0
Other Current Debt	4 135 000	3 936 000	2 936 000	3 361 000
Total Current Debt	97 810 000	97 231 000	91 724 000	51 934 000
Total Equity and Debt	129 947 000	135 462 000	126 230 000	75 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,81 %	56,87 %	36,26 %	11,64 %
Debt-to-Equity Ratio	0	0	0,03	0,11
Operating Profit Margin	6,1 %	6,76 %	4,95 %	1,38 %
Current Ratio	1,27	1,37	1,35	1,39
Quick Ratio	2,03	2,04	1,95	2,26
Equity Ratio	0,25	0,28	0,26	0,28
Gross Profit Margin	17,1 %	15,92 %	13,38 %	14,12 %