PALLE SØRENSEN TRANSPORT AS

2000 LILLESTRØM

Finances

Return on Equity

84,76 %

Current Ratio

1,19

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 743 000	1 093 000	1 197 000	1 286 000
Net Income	139 000	41 000	−50 000	297 000
Total Assets	706 000	509 000	651 000	860 000
Total Equity	164 000	25 000	−16 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 743 000	1 093 000	1 197 000	1 286 000
Expenditure	1 543 000	1 026 000	1 214 000	946 000
Operating Profit	200 000	67 000	−17 000	339 000
Financial Income	1 000	0	0	1 000
Financial Costs	24 000	26 000	33 000	43 000
Financial Balance	−23 000	−26 000	−33 000	−42 000
Earnings Before Tax	176 000	41 000	−50 000	297 000
Tax	37 000	0	0	0
Net Income	139 000	41 000	−50 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	402 000	364 000	518 000	682 000
Total Current Assets	304 000	145 000	133 000	178 000
Total Assets	706 000	509 000	651 000	860 000
Total Retained Equity	54 000	−85 000	−126 000	−76 000
Total Equity	164 000	25 000	−16 000	34 000
Total Long-Term Debt	287 000	327 000	370 000	607 000
Total Current Debt	255 000	156 000	297 000	218 000
Total Equity and Debt	706 000	509 000	651 000	860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 743 000	1 093 000	1 197 000	1 286 000
Other Income	0	0	0	0
Revenue	1 743 000	1 093 000	1 197 000	1 286 000
Cost of Goods Sold	0	0	0	0
Salary Costs	411 000	130 000	421 000	16 000
Depreciation	59 000	154 000	164 000	176 000
Impairment	0	0	0	0
Expenditure	1 543 000	1 026 000	1 214 000	946 000
Operating Profit	200 000	67 000	−17 000	339 000
Financial Income	1 000	0	0	1 000
Financial Costs	24 000	26 000	33 000	43 000
Financial Balance	−23 000	−26 000	−33 000	−42 000
Dividends	0	0	0	285 000
Net Income	139 000	41 000	−50 000	297 000

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	234 000	293 000	447 000	611 000
Total Tangible Assets	234 000	293 000	447 000	611 000
Total Fiancial Fixed Assets	167 000	71 000	71 000	71 000
Total Fixed Assets	402 000	364 000	518 000	682 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	16 000	1 000	10 000
Total Current Assets	304 000	145 000	133 000	178 000
Total Assets	706 000	509 000	651 000	860 000
Total Equity	164 000	25 000	−16 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	287 000	327 000	370 000	607 000
Creditors	31 000	10 000	71 000	32 000
Unpaid Taxes	138 000	84 000	27 000	36 000
Dividends	0	0	0	285 000
Other Current Debt	52 000	11 000	84 000	0
Total Current Debt	255 000	156 000	297 000	218 000
Total Equity and Debt	706 000	509 000	651 000	860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,76 %	164 %	312,5 %	873,53 %
Debt-to-Equity Ratio	1,75	13,08	−23,13	17,85
Operating Profit Margin	11,47 %	6,13 %	−1,42 %	26,36 %
Current Ratio	1,19	0,93	0,45	0,82
Quick Ratio	1,19	0,93	0,45	0,82
Equity Ratio	0,23	0,05	−0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %