PALTEK AS

4313 SANDNES

Finances

Return on Equity

7,85 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 757 000	68 023 000	84 879 000	91 091 000
Net Income	964 000	4 453 000	2 975 000	4 117 000
Total Assets	32 832 000	35 146 000	43 263 000	41 932 000
Total Equity	12 286 000	11 322 000	10 869 000	10 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 757 000	68 023 000	84 879 000	91 091 000
Expenditure	62 223 000	67 251 000	80 840 000	85 468 000
Operating Profit	1 534 000	771 000	4 040 000	5 623 000
Financial Income	16 000	4 003 000	2 000	16 000
Financial Costs	312 000	194 000	224 000	339 000
Financial Balance	−296 000	3 809 000	−222 000	−323 000
Earnings Before Tax	1 238 000	4 580 000	3 818 000	5 299 000
Tax	274 000	128 000	843 000	1 183 000
Net Income	964 000	4 453 000	2 975 000	4 117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 837 000	7 577 000	7 598 000	7 518 000
Total Current Assets	23 995 000	27 568 000	35 665 000	34 413 000
Total Assets	32 832 000	35 146 000	43 263 000	41 932 000
Total Retained Equity	7 305 000	6 341 000	5 889 000	5 814 000
Total Equity	12 286 000	11 322 000	10 869 000	10 795 000
Total Long-Term Debt	5 250 000	1 250 000	3 716 000	3 716 000
Total Current Debt	15 296 000	22 573 000	28 677 000	27 421 000
Total Equity and Debt	32 832 000	35 146 000	43 263 000	41 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 757 000	68 023 000	84 879 000	91 091 000
Other Income	0	0	0	0
Revenue	63 757 000	68 023 000	84 879 000	91 091 000
Cost of Goods Sold	37 114 000	44 431 000	59 940 000	64 341 000
Salary Costs	16 521 000	15 355 000	14 477 000	13 897 000
Depreciation	169 000	159 000	122 000	64 000
Impairment	0	0	0	0
Expenditure	62 223 000	67 251 000	80 840 000	85 468 000
Operating Profit	1 534 000	771 000	4 040 000	5 623 000
Financial Income	16 000	4 003 000	2 000	16 000
Financial Costs	312 000	194 000	224 000	339 000
Financial Balance	−296 000	3 809 000	−222 000	−323 000
Dividends	0	4 000 000	2 900 000	0
Net Income	964 000	4 453 000	2 975 000	4 117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	332 000	261 000	235 000	198 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	326 000	360 000	406 000	364 000
Total Tangible Assets	326 000	360 000	406 000	364 000
Total Fiancial Fixed Assets	8 179 000	6 957 000	6 957 000	6 957 000
Total Fixed Assets	8 837 000	7 577 000	7 598 000	7 518 000
Stock	17 654 000	12 747 000	20 493 000	17 055 000
Total Investments	0	0	0	0
Cash, Bank	5 000	5 000	17 000	18 000
Total Current Assets	23 995 000	27 568 000	35 665 000	34 413 000
Total Assets	32 832 000	35 146 000	43 263 000	41 932 000
Total Equity	12 286 000	11 322 000	10 869 000	10 795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 250 000	1 250 000	3 716 000	3 716 000
Creditors	7 923 000	5 872 000	4 377 000	10 284 000
Unpaid Taxes	1 269 000	1 844 000	5 697 000	2 121 000
Dividends	0	4 000 000	2 900 000	0
Other Current Debt	6 105 000	10 704 000	14 823 000	14 360 000
Total Current Debt	15 296 000	22 573 000	28 677 000	27 421 000
Total Equity and Debt	32 832 000	35 146 000	43 263 000	41 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,85 %	39,33 %	27,37 %	38,14 %
Debt-to-Equity Ratio	0,43	0,11	0,34	0,34
Operating Profit Margin	2,41 %	1,13 %	4,76 %	6,17 %
Current Ratio	1,57	1,22	1,24	1,25
Quick Ratio	−10,18	2,81	4,36	3,32
Equity Ratio	0,37	0,32	0,25	0,26
Gross Profit Margin	41,79 %	34,68 %	29,38 %	29,37 %