PALMAS INVEST AS

0267 OSLO

Finances

Return on Equity

4,96 %

Current Ratio

63,13

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	699 000	377 000	216 000	232 000
Net Income	669 000	135 000	9 717 000	524 000
Total Assets	14 585 000	15 436 000	17 479 000	8 849 000
Total Equity	13 478 000	15 369 000	16 954 000	8 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	699 000	377 000	216 000	232 000
Expenditure	233 000	190 000	91 000	103 000
Operating Profit	466 000	187 000	125 000	130 000
Financial Income	330 000	0	9 627 000	427 000
Financial Costs	20 000	14 000	11 000	1 000
Financial Balance	310 000	−14 000	9 616 000	426 000
Earnings Before Tax	776 000	173 000	9 742 000	556 000
Tax	107 000	38 000	25 000	32 000
Net Income	669 000	135 000	9 717 000	524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 829 000	13 936 000	12 206 000	7 579 000
Total Current Assets	6 755 000	1 499 000	5 273 000	1 270 000
Total Assets	14 585 000	15 436 000	17 479 000	8 849 000
Total Retained Equity	13 378 000	15 269 000	16 854 000	8 718 000
Total Equity	13 478 000	15 369 000	16 954 000	8 818 000
Total Long-Term Debt	1 000 000	0	500 000	0
Total Current Debt	107 000	67 000	25 000	32 000
Total Equity and Debt	14 585 000	15 436 000	17 479 000	8 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	699 000	377 000	216 000	232 000
Revenue	699 000	377 000	216 000	232 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	233 000	190 000	91 000	103 000
Operating Profit	466 000	187 000	125 000	130 000
Financial Income	330 000	0	9 627 000	427 000
Financial Costs	20 000	14 000	11 000	1 000
Financial Balance	310 000	−14 000	9 616 000	426 000
Dividends	0	0	0	0
Net Income	669 000	135 000	9 717 000	524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 719 000	8 826 000	7 206 000	7 206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	110 000	110 000	0	0
Total Tangible Assets	2 829 000	8 936 000	7 206 000	7 206 000
Total Fiancial Fixed Assets	5 000 000	5 000 000	5 000 000	373 000
Total Fixed Assets	7 829 000	13 936 000	12 206 000	7 579 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 631 000	1 384 000	4 008 000	830 000
Total Current Assets	6 755 000	1 499 000	5 273 000	1 270 000
Total Assets	14 585 000	15 436 000	17 479 000	8 849 000
Total Equity	13 478 000	15 369 000	16 954 000	8 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	0	500 000	0
Creditors	0	29 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	107 000	67 000	25 000	32 000
Total Equity and Debt	14 585 000	15 436 000	17 479 000	8 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,96 %	0,88 %	57,31 %	5,94 %
Debt-to-Equity Ratio	0,07	0	0,03	0
Operating Profit Margin	66,67 %	49,6 %	57,87 %	56,03 %
Current Ratio	63,13	22,37	210,92	39,69
Quick Ratio	63,13	22,37	210,92	39,69
Equity Ratio	0,92	1	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %