PALART AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

46,81 %

Current Ratio

0,95

Debt-to-Equity Ratio

−3,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	147 000	117 000	32 000	0
Net Income	−44 000	−84 000	−241 000	−311 000
Total Assets	1 369 000	1 562 000	764 000	837 000
Total Equity	−94 000	−584 000	−1 045 000	−804 000

Income (NOK)	2022	2021	2020	2019
Revenue	147 000	117 000	32 000	0
Expenditure	248 000	269 000	182 000	232 000
Operating Profit	−101 000	−153 000	−150 000	−232 000
Financial Income	0	0	0	0
Financial Costs	94 000	85 000	91 000	79 000
Financial Balance	−94 000	−85 000	−91 000	−79 000
Earnings Before Tax	−195 000	−237 000	−241 000	−311 000
Tax	−151 000	−154 000	0	0
Net Income	−44 000	−84 000	−241 000	−311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	364 000	439 000	514 000
Total Current Assets	1 080 000	1 198 000	325 000	323 000
Total Assets	1 369 000	1 562 000	764 000	837 000
Total Retained Equity	−1 223 000	−1 179 000	−1 095 000	−854 000
Total Equity	−94 000	−584 000	−1 045 000	−804 000
Total Long-Term Debt	331 000	484 000	573 000	611 000
Total Current Debt	1 132 000	1 662 000	1 236 000	1 031 000
Total Equity and Debt	1 369 000	1 562 000	764 000	837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 000	117 000	32 000	0
Other Income	0	0	0	0
Revenue	147 000	117 000	32 000	0
Cost of Goods Sold	135 000	50 000	20 000	15 000
Salary Costs	0	0	0	0
Depreciation	75 000	75 000	75 000	75 000
Impairment	0	0	0	0
Expenditure	248 000	269 000	182 000	232 000
Operating Profit	−101 000	−153 000	−150 000	−232 000
Financial Income	0	0	0	0
Financial Costs	94 000	85 000	91 000	79 000
Financial Balance	−94 000	−85 000	−91 000	−79 000
Dividends	0	0	0	0
Net Income	−44 000	−84 000	−241 000	−311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	289 000	364 000	439 000	514 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	364 000	439 000	514 000
Stock	377 000	470 000	305 000	312 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 080 000	1 198 000	325 000	323 000
Total Assets	1 369 000	1 562 000	764 000	837 000
Total Equity	−94 000	−584 000	−1 045 000	−804 000
Short-Term Group Debt	530 000	1 009 000	531 000	382 000
Total Long-Term Debt	331 000	484 000	573 000	611 000
Creditors	25 000	50 000	5 000	34 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	90 000	0
Total Current Debt	1 132 000	1 662 000	1 236 000	1 031 000
Total Equity and Debt	1 369 000	1 562 000	764 000	837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,81 %	14,38 %	23,06 %	38,68 %
Debt-to-Equity Ratio	−3,52	−0,83	−0,55	−0,76
Operating Profit Margin	−68,71 %	−130,77 %	−468,75 %	-
Current Ratio	0,95	0,72	0,26	0,31
Quick Ratio	1,43	1,01	0,35	0,45
Equity Ratio	−0,07	−0,37	−1,37	−0,96
Gross Profit Margin	8,16 %	57,26 %	37,5 %	-