PALASS AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

0,67 %

Current Ratio

1,51

Debt-to-Equity Ratio

6,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 574 000	1 522 000	1 294 000	1 431 000
Net Income	15 000	391 000	464 000	241 000
Total Assets	16 111 000	15 892 000	8 015 000	9 163 000
Total Equity	2 237 000	2 223 000	1 831 000	2 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 574 000	1 522 000	1 294 000	1 431 000
Expenditure	1 048 000	702 000	408 000	766 000
Operating Profit	527 000	820 000	886 000	665 000
Financial Income	0	0	0	0
Financial Costs	508 000	318 000	291 000	357 000
Financial Balance	−508 000	−318 000	−291 000	−357 000
Earnings Before Tax	19 000	502 000	595 000	309 000
Tax	4 000	110 000	131 000	68 000
Net Income	15 000	391 000	464 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 476 000	14 728 000	7 293 000	7 478 000
Total Current Assets	635 000	1 164 000	722 000	1 685 000
Total Assets	16 111 000	15 892 000	8 015 000	9 163 000
Total Retained Equity	2 037 000	2 023 000	1 631 000	2 367 000
Total Equity	2 237 000	2 223 000	1 831 000	2 567 000
Total Long-Term Debt	13 452 000	13 448 000	5 913 000	6 412 000
Total Current Debt	421 000	221 000	271 000	183 000
Total Equity and Debt	16 111 000	15 892 000	8 015 000	9 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 574 000	1 522 000	1 294 000	1 431 000
Revenue	1 574 000	1 522 000	1 294 000	1 431 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	252 000	254 000	185 000	185 000
Impairment	0	0	0	0
Expenditure	1 048 000	702 000	408 000	766 000
Operating Profit	527 000	820 000	886 000	665 000
Financial Income	0	0	0	0
Financial Costs	508 000	318 000	291 000	357 000
Financial Balance	−508 000	−318 000	−291 000	−357 000
Dividends	0	0	0	0
Net Income	15 000	391 000	464 000	241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 476 000	14 728 000	7 293 000	7 478 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 476 000	14 728 000	7 293 000	7 478 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 476 000	14 728 000	7 293 000	7 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	730 000	238 000	779 000
Total Current Assets	635 000	1 164 000	722 000	1 685 000
Total Assets	16 111 000	15 892 000	8 015 000	9 163 000
Total Equity	2 237 000	2 223 000	1 831 000	2 567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 452 000	13 448 000	5 913 000	6 412 000
Creditors	0	100 000	14 000	10 000
Unpaid Taxes	69 000	59 000	82 000	54 000
Dividends	0	0	0	0
Other Current Debt	352 000	12 000	45 000	55 000
Total Current Debt	421 000	221 000	271 000	183 000
Total Equity and Debt	16 111 000	15 892 000	8 015 000	9 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,67 %	17,59 %	25,34 %	9,39 %
Debt-to-Equity Ratio	6,01	6,05	3,23	2,5
Operating Profit Margin	33,48 %	53,88 %	68,47 %	46,47 %
Current Ratio	1,51	5,27	2,66	9,21
Quick Ratio	1,51	5,27	2,66	9,21
Equity Ratio	0,14	0,14	0,23	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %