PALMGREN EIENDOM AS

0582 OSLO

Finances

Return on Equity

21,23 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 878 000	69 269 000	106 344 000	125 443 000
Net Income	5 072 000	−1 389 000	3 724 000	8 972 000
Total Assets	54 544 000	42 370 000	53 704 000	64 129 000
Total Equity	23 892 000	25 247 000	33 596 000	32 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 878 000	69 269 000	106 344 000	125 443 000
Expenditure	91 373 000	71 017 000	101 591 000	113 982 000
Operating Profit	6 505 000	−1 748 000	4 754 000	11 462 000
Financial Income	43 000	13 000	63 000	107 000
Financial Costs	30 000	22 000	25 000	17 000
Financial Balance	13 000	−9 000	38 000	90 000
Earnings Before Tax	6 518 000	−1 756 000	4 792 000	11 553 000
Tax	1 446 000	−367 000	1 068 000	2 582 000
Net Income	5 072 000	−1 389 000	3 724 000	8 972 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 829 000	7 320 000	6 341 000	5 890 000
Total Current Assets	47 715 000	35 051 000	47 363 000	58 239 000
Total Assets	54 544 000	42 370 000	53 704 000	64 129 000
Total Retained Equity	22 892 000	22 600 000	30 949 000	30 338 000
Total Equity	23 892 000	25 247 000	33 596 000	32 986 000
Total Long-Term Debt	241 000	0	0	71 000
Total Current Debt	30 410 000	17 123 000	20 108 000	31 072 000
Total Equity and Debt	54 544 000	42 370 000	53 704 000	64 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	97 878 000	69 269 000	106 344 000	125 443 000
Revenue	97 878 000	69 269 000	106 344 000	125 443 000
Cost of Goods Sold	63 388 000	44 181 000	70 652 000	83 372 000
Salary Costs	22 978 000	21 104 000	25 487 000	25 982 000
Depreciation	786 000	946 000	844 000	716 000
Impairment	0	0	0	0
Expenditure	91 373 000	71 017 000	101 591 000	113 982 000
Operating Profit	6 505 000	−1 748 000	4 754 000	11 462 000
Financial Income	43 000	13 000	63 000	107 000
Financial Costs	30 000	22 000	25 000	17 000
Financial Balance	13 000	−9 000	38 000	90 000
Dividends	0	0	0	0
Net Income	5 072 000	−1 389 000	3 724 000	8 972 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	775 000	402 000	0
Real Eastate	4 122 000	4 122 000	4 122 000	4 122 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 707 000	2 423 000	1 817 000	1 768 000
Total Tangible Assets	6 829 000	6 544 000	5 939 000	5 890 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 829 000	7 320 000	6 341 000	5 890 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 469 000	23 139 000	35 529 000	40 341 000
Total Current Assets	47 715 000	35 051 000	47 363 000	58 239 000
Total Assets	54 544 000	42 370 000	53 704 000	64 129 000
Total Equity	23 892 000	25 247 000	33 596 000	32 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	0	0	71 000
Creditors	17 970 000	3 249 000	4 016 000	6 710 000
Unpaid Taxes	1 800 000	2 849 000	4 562 000	3 294 000
Dividends	0	0	0	0
Other Current Debt	5 253 000	11 019 000	6 876 000	6 314 000
Total Current Debt	30 410 000	17 123 000	20 108 000	31 072 000
Total Equity and Debt	54 544 000	42 370 000	53 704 000	64 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,23 %	−5,5 %	11,08 %	27,2 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	6,65 %	−2,52 %	4,47 %	9,14 %
Current Ratio	1,57	2,05	2,36	1,87
Quick Ratio	1,57	2,05	2,36	1,87
Equity Ratio	0,44	0,6	0,63	0,51
Gross Profit Margin	35,24 %	36,22 %	33,56 %	33,54 %