PALANDER AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

9,46 %

Current Ratio

7,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 163 000	1 655 000	2 328 000
Net Income	303 000	−101 000	−615 000	−189 000
Total Assets	3 685 000	3 495 000	3 657 000	4 200 000
Total Equity	3 202 000	2 899 000	2 999 000	3 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 839 000	2 163 000	1 655 000	2 328 000
Expenditure	2 595 000	2 289 000	2 318 000	2 589 000
Operating Profit	244 000	−127 000	−663 000	−262 000
Financial Income	59 000	26 000	48 000	72 000
Financial Costs	0	0	0	0
Financial Balance	59 000	26 000	48 000	72 000
Earnings Before Tax	303 000	−101 000	−615 000	−189 000
Tax	0	0	0	0
Net Income	303 000	−101 000	−615 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 685 000	3 495 000	3 657 000	4 200 000
Total Assets	3 685 000	3 495 000	3 657 000	4 200 000
Total Retained Equity	3 102 000	2 799 000	2 899 000	3 514 000
Total Equity	3 202 000	2 899 000	2 999 000	3 614 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	483 000	597 000	658 000	585 000
Total Equity and Debt	3 685 000	3 495 000	3 657 000	4 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 839 000	2 163 000	1 655 000	2 328 000
Other Income	0	0	0	0
Revenue	2 839 000	2 163 000	1 655 000	2 328 000
Cost of Goods Sold	1 275 000	975 000	950 000	1 200 000
Salary Costs	1 128 000	1 133 000	1 067 000	1 163 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 595 000	2 289 000	2 318 000	2 589 000
Operating Profit	244 000	−127 000	−663 000	−262 000
Financial Income	59 000	26 000	48 000	72 000
Financial Costs	0	0	0	0
Financial Balance	59 000	26 000	48 000	72 000
Dividends	0	0	0	0
Net Income	303 000	−101 000	−615 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 034 000	2 810 000	3 189 000	3 604 000
Total Current Assets	3 685 000	3 495 000	3 657 000	4 200 000
Total Assets	3 685 000	3 495 000	3 657 000	4 200 000
Total Equity	3 202 000	2 899 000	2 999 000	3 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	253 000	314 000	443 000	313 000
Unpaid Taxes	91 000	143 000	81 000	124 000
Dividends	0	0	0	0
Other Current Debt	139 000	141 000	134 000	149 000
Total Current Debt	483 000	597 000	658 000	585 000
Total Equity and Debt	3 685 000	3 495 000	3 657 000	4 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,46 %	−3,48 %	−20,51 %	−5,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,59 %	−5,87 %	−40,06 %	−11,25 %
Current Ratio	7,63	5,85	5,56	7,18
Quick Ratio	7,63	5,85	5,56	7,18
Equity Ratio	0,87	0,83	0,82	0,86
Gross Profit Margin	55,09 %	54,92 %	42,6 %	48,45 %