PROCONET AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

−6,1 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 342 000	12 839 000	7 008 000	6 110 000
Net Income	−142 000	2 838 000	619 000	−186 000
Total Assets	4 932 000	4 887 000	1 857 000	675 000
Total Equity	2 328 000	2 471 000	−368 000	−986 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 342 000	12 839 000	7 008 000	6 110 000
Expenditure	11 485 000	9 997 000	6 390 000	6 298 000
Operating Profit	−142 000	2 842 000	618 000	−188 000
Financial Income	0	−4 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	−4 000	1 000	2 000
Earnings Before Tax	−142 000	2 838 000	619 000	−186 000
Tax	0	0	0	0
Net Income	−142 000	2 838 000	619 000	−186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 844 000	3 477 000	0	55 000
Total Current Assets	1 089 000	1 410 000	1 857 000	620 000
Total Assets	4 932 000	4 887 000	1 857 000	675 000
Total Retained Equity	1 067 000	1 209 000	−1 629 000	−2 248 000
Total Equity	2 328 000	2 471 000	−368 000	−986 000
Total Long-Term Debt	1 349 000	1 149 000	1 149 000	1 049 000
Total Current Debt	1 255 000	1 268 000	1 076 000	613 000
Total Equity and Debt	4 932 000	4 887 000	1 857 000	675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 342 000	12 839 000	7 008 000	6 110 000
Other Income	0	0	0	0
Revenue	11 342 000	12 839 000	7 008 000	6 110 000
Cost of Goods Sold	8 284 000	8 986 000	4 973 000	4 501 000
Salary Costs	793 000	610 000	440 000	523 000
Depreciation	921 000	0	55 000	60 000
Impairment	0	0	0	0
Expenditure	11 485 000	9 997 000	6 390 000	6 298 000
Operating Profit	−142 000	2 842 000	618 000	−188 000
Financial Income	0	−4 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	−4 000	1 000	2 000
Dividends	0	0	0	0
Net Income	−142 000	2 838 000	619 000	−186 000

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	55 000
Fixtures	3 844 000	3 477 000	0	0
Total Tangible Assets	3 844 000	3 477 000	0	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 844 000	3 477 000	0	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	692 000	1 086 000	168 000
Total Current Assets	1 089 000	1 410 000	1 857 000	620 000
Total Assets	4 932 000	4 887 000	1 857 000	675 000
Total Equity	2 328 000	2 471 000	−368 000	−986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 349 000	1 149 000	1 149 000	1 049 000
Creditors	1 019 000	970 000	774 000	479 000
Unpaid Taxes	66 000	38 000	40 000	28 000
Dividends	0	0	0	0
Other Current Debt	170 000	260 000	263 000	106 000
Total Current Debt	1 255 000	1 268 000	1 076 000	613 000
Total Equity and Debt	4 932 000	4 887 000	1 857 000	675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,1 %	114,85 %	−168,21 %	18,86 %
Debt-to-Equity Ratio	0,58	0,46	−3,12	−1,06
Operating Profit Margin	−1,25 %	22,14 %	8,82 %	−3,08 %
Current Ratio	0,87	1,11	1,73	1,01
Quick Ratio	0,87	1,11	1,73	1,01
Equity Ratio	0,47	0,51	−0,2	−1,46
Gross Profit Margin	26,96 %	30,01 %	29,04 %	26,33 %