PALMAFOSSEN NÆRING AS

5009 BERGEN

Finances

Share Ownership

Return on Equity

30,9 %

Current Ratio

0,14

Debt-to-Equity Ratio

6,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 687 000	3 583 000	3 533 000	3 480 000
Net Income	1 408 000	1 873 000	1 214 000	1 319 000
Total Assets	37 720 000	38 092 000	38 977 000	39 869 000
Total Equity	4 557 000	4 241 000	3 600 000	2 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 687 000	3 583 000	3 533 000	3 480 000
Expenditure	685 000	500 000	1 006 000	1 017 000
Operating Profit	3 002 000	3 083 000	2 527 000	2 463 000
Financial Income	0	5 000	4 000	0
Financial Costs	1 197 000	687 000	975 000	1 385 000
Financial Balance	−1 197 000	−682 000	−971 000	−1 385 000
Earnings Before Tax	1 805 000	2 401 000	1 556 000	1 079 000
Tax	397 000	528 000	342 000	−240 000
Net Income	1 408 000	1 873 000	1 214 000	1 319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 480 000	37 938 000	38 592 000	39 747 000
Total Current Assets	240 000	154 000	385 000	121 000
Total Assets	37 720 000	38 092 000	38 977 000	39 869 000
Total Retained Equity	3 490 000	3 175 000	2 533 000	1 319 000
Total Equity	4 557 000	4 241 000	3 600 000	2 386 000
Total Long-Term Debt	31 417 000	31 969 000	35 141 000	37 183 000
Total Current Debt	1 747 000	1 882 000	236 000	299 000
Total Equity and Debt	37 720 000	38 092 000	38 977 000	39 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 687 000	3 583 000	3 533 000	3 480 000
Other Income	0	0	0	0
Revenue	3 687 000	3 583 000	3 533 000	3 480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	458 000	449 000	915 000	915 000
Impairment	0	0	0	0
Expenditure	685 000	500 000	1 006 000	1 017 000
Operating Profit	3 002 000	3 083 000	2 527 000	2 463 000
Financial Income	0	5 000	4 000	0
Financial Costs	1 197 000	687 000	975 000	1 385 000
Financial Balance	−1 197 000	−682 000	−971 000	−1 385 000
Dividends	0	0	0	0
Net Income	1 408 000	1 873 000	1 214 000	1 319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	240 000
Real Eastate	37 480 000	37 938 000	38 387 000	39 302 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	37 480 000	37 938 000	38 387 000	39 302 000
Total Fiancial Fixed Assets	0	0	205 000	205 000
Total Fixed Assets	37 480 000	37 938 000	38 592 000	39 747 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	114 000	267 000	67 000
Total Current Assets	240 000	154 000	385 000	121 000
Total Assets	37 720 000	38 092 000	38 977 000	39 869 000
Total Equity	4 557 000	4 241 000	3 600 000	2 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 417 000	31 969 000	35 141 000	37 183 000
Creditors	242 000	199 000	4 000	23 000
Unpaid Taxes	103 000	106 000	100 000	89 000
Dividends	0	0	0	0
Other Current Debt	1 401 000	1 578 000	133 000	187 000
Total Current Debt	1 747 000	1 882 000	236 000	299 000
Total Equity and Debt	37 720 000	38 092 000	38 977 000	39 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,9 %	44,16 %	33,72 %	55,28 %
Debt-to-Equity Ratio	6,89	7,54	9,76	15,58
Operating Profit Margin	81,42 %	86,05 %	71,53 %	70,78 %
Current Ratio	0,14	0,08	1,63	0,4
Quick Ratio	0,14	0,08	1,63	0,4
Equity Ratio	0,12	0,11	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %