PROGBIT AS

6987 BULANDET

Finances

Share Ownership

Return on Equity

100,28 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 279 000	2 025 000	2 395 000	698 000
Net Income	1 091 000	855 000	1 035 000	288 000
Total Assets	2 614 000	1 453 000	1 835 000	550 000
Total Equity	1 088 000	997 000	142 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 279 000	2 025 000	2 395 000	698 000
Expenditure	933 000	929 000	1 084 000	410 000
Operating Profit	1 346 000	1 096 000	1 310 000	288 000
Financial Income	53 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	53 000	0	0	0
Earnings Before Tax	1 399 000	1 096 000	1 310 000	288 000
Tax	308 000	241 000	275 000	0
Net Income	1 091 000	855 000	1 035 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	0	0	0
Total Current Assets	2 598 000	1 453 000	1 835 000	550 000
Total Assets	2 614 000	1 453 000	1 835 000	550 000
Total Retained Equity	984 000	893 000	38 000	203 000
Total Equity	1 088 000	997 000	142 000	307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 526 000	456 000	1 693 000	242 000
Total Equity and Debt	2 614 000	1 453 000	1 835 000	550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 279 000	2 025 000	2 395 000	698 000
Other Income	0	0	0	0
Revenue	2 279 000	2 025 000	2 395 000	698 000
Cost of Goods Sold	2 000	20 000	0	6 000
Salary Costs	790 000	779 000	941 000	235 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	933 000	929 000	1 084 000	410 000
Operating Profit	1 346 000	1 096 000	1 310 000	288 000
Financial Income	53 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	53 000	0	0	0
Dividends	1 000 000	0	1 200 000	0
Net Income	1 091 000	855 000	1 035 000	288 000

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	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	0	0	0
Stock	0	0	0	0
Total Investments	1 398 000	0	0	0
Cash, Bank	1 019 000	1 206 000	1 425 000	146 000
Total Current Assets	2 598 000	1 453 000	1 835 000	550 000
Total Assets	2 614 000	1 453 000	1 835 000	550 000
Total Equity	1 088 000	997 000	142 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	0	0
Unpaid Taxes	136 000	139 000	129 000	185 000
Dividends	1 000 000	0	1 200 000	0
Other Current Debt	78 000	72 000	89 000	57 000
Total Current Debt	1 526 000	456 000	1 693 000	242 000
Total Equity and Debt	2 614 000	1 453 000	1 835 000	550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,28 %	85,76 %	728,87 %	93,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,06 %	54,12 %	54,7 %	41,26 %
Current Ratio	1,7	3,19	1,08	2,27
Quick Ratio	1,7	3,19	1,08	2,27
Equity Ratio	0,42	0,69	0,08	0,56
Gross Profit Margin	99,91 %	99,01 %	100 %	99,14 %