PÅLS GULVSERVICE AS

3060 SVELVIK

Finances

Return on Equity

31,04 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 797 000	2 821 000	1 963 000	2 771 000
Net Income	298 000	174 000	−89 000	359 000
Total Assets	2 233 000	1 129 000	741 000	913 000
Total Equity	960 000	663 000	489 000	578 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 797 000	2 821 000	1 963 000	2 771 000
Expenditure	3 390 000	2 614 000	2 051 000	2 309 000
Operating Profit	408 000	207 000	−88 000	462 000
Financial Income	1 000	0	0	0
Financial Costs	27 000	2 000	1 000	2 000
Financial Balance	−26 000	−2 000	−1 000	−2 000
Earnings Before Tax	382 000	206 000	−89 000	461 000
Tax	85 000	31 000	0	102 000
Net Income	298 000	174 000	−89 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	971 000	139 000	30 000	30 000
Total Current Assets	1 262 000	991 000	711 000	883 000
Total Assets	2 233 000	1 129 000	741 000	913 000
Total Retained Equity	855 000	558 000	384 000	473 000
Total Equity	960 000	663 000	489 000	578 000
Total Long-Term Debt	586 000	1 000	0	0
Total Current Debt	687 000	466 000	252 000	335 000
Total Equity and Debt	2 233 000	1 129 000	741 000	913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 797 000	2 821 000	1 963 000	2 771 000
Other Income	0	0	0	0
Revenue	3 797 000	2 821 000	1 963 000	2 771 000
Cost of Goods Sold	943 000	668 000	400 000	477 000
Salary Costs	1 711 000	1 271 000	880 000	1 094 000
Depreciation	24 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 390 000	2 614 000	2 051 000	2 309 000
Operating Profit	408 000	207 000	−88 000	462 000
Financial Income	1 000	0	0	0
Financial Costs	27 000	2 000	1 000	2 000
Financial Balance	−26 000	−2 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	298 000	174 000	−89 000	359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	941 000	109 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	941 000	109 000	0	0
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	971 000	139 000	30 000	30 000
Stock	95 000	26 000	31 000	35 000
Total Investments	0	0	0	0
Cash, Bank	960 000	688 000	472 000	238 000
Total Current Assets	1 262 000	991 000	711 000	883 000
Total Assets	2 233 000	1 129 000	741 000	913 000
Total Equity	960 000	663 000	489 000	578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	586 000	1 000	0	0
Creditors	56 000	60 000	119 000	14 000
Unpaid Taxes	208 000	158 000	49 000	119 000
Dividends	0	0	0	0
Other Current Debt	342 000	217 000	85 000	101 000
Total Current Debt	687 000	466 000	252 000	335 000
Total Equity and Debt	2 233 000	1 129 000	741 000	913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,04 %	26,24 %	−18,2 %	62,11 %
Debt-to-Equity Ratio	0,61	0	0	0
Operating Profit Margin	10,75 %	7,34 %	−4,48 %	16,67 %
Current Ratio	1,84	2,13	2,82	2,64
Quick Ratio	2,13	2,25	3,22	2,94
Equity Ratio	0,43	0,59	0,66	0,63
Gross Profit Margin	75,16 %	76,32 %	79,62 %	82,79 %