PALLEMANN AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

26,73 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 128 000	5 996 000	4 814 000	4 454 000
Net Income	189 000	420 000	113 000	122 000
Total Assets	1 971 000	1 517 000	820 000	937 000
Total Equity	707 000	518 000	98 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 128 000	5 996 000	4 814 000	4 454 000
Expenditure	6 879 000	5 537 000	4 681 000	4 111 000
Operating Profit	249 000	458 000	134 000	343 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	14 000	22 000	33 000
Financial Balance	−5 000	−13 000	−22 000	−33 000
Earnings Before Tax	244 000	445 000	113 000	310 000
Tax	55 000	24 000	0	188 000
Net Income	189 000	420 000	113 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	89 000	100 000	169 000
Total Current Assets	1 924 000	1 429 000	719 000	768 000
Total Assets	1 971 000	1 517 000	820 000	937 000
Total Retained Equity	147 000	−42 000	−462 000	−571 000
Total Equity	707 000	518 000	98 000	−11 000
Total Long-Term Debt	34 000	56 000	133 000	339 000
Total Current Debt	1 230 000	943 000	589 000	609 000
Total Equity and Debt	1 971 000	1 517 000	820 000	937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 128 000	5 996 000	4 814 000	4 454 000
Other Income	0	0	0	0
Revenue	7 128 000	5 996 000	4 814 000	4 454 000
Cost of Goods Sold	3 787 000	3 036 000	2 348 000	2 033 000
Salary Costs	1 922 000	1 572 000	1 286 000	1 233 000
Depreciation	42 000	55 000	65 000	112 000
Impairment	0	0	0	0
Expenditure	6 879 000	5 537 000	4 681 000	4 111 000
Operating Profit	249 000	458 000	134 000	343 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	14 000	22 000	33 000
Financial Balance	−5 000	−13 000	−22 000	−33 000
Dividends	0	0	0	0
Net Income	189 000	420 000	113 000	122 000

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	32 000	0	0	0
Fixtures	15 000	88 000	100 000	169 000
Total Tangible Assets	47 000	88 000	100 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	89 000	100 000	169 000
Stock	382 000	353 000	402 000	497 000
Total Investments	0	0	0	0
Cash, Bank	599 000	935 000	37 000	50 000
Total Current Assets	1 924 000	1 429 000	719 000	768 000
Total Assets	1 971 000	1 517 000	820 000	937 000
Total Equity	707 000	518 000	98 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	56 000	133 000	339 000
Creditors	824 000	574 000	311 000	281 000
Unpaid Taxes	132 000	165 000	130 000	120 000
Dividends	0	0	0	0
Other Current Debt	219 000	180 000	132 000	129 000
Total Current Debt	1 230 000	943 000	589 000	609 000
Total Equity and Debt	1 971 000	1 517 000	820 000	937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,73 %	81,08 %	115,31 %	−1 109,09 %
Debt-to-Equity Ratio	0,05	0,11	1,36	−30,82
Operating Profit Margin	3,49 %	7,64 %	2,78 %	7,7 %
Current Ratio	1,56	1,52	1,22	1,26
Quick Ratio	2,27	2,42	3,84	6,86
Equity Ratio	0,36	0,34	0,12	−0,01
Gross Profit Margin	46,87 %	49,37 %	51,23 %	54,36 %