PROGRESSIO BRAGE FINANS AS

3921 PORSGRUNN

Finances

Return on Equity

−12,31 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	184 136 000	180 263 000	172 553 000
Net Income	−2 349 000	30 740 000	33 561 000	6 736 000
Total Assets	114 992 000	1 074 398 000	1 012 147 000	1 039 725 000
Total Equity	19 084 000	113 049 000	193 169 000	166 108 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	184 136 000	180 263 000	172 553 000
Expenditure	379 000	135 065 000	124 110 000	145 935 000
Operating Profit	−379 000	49 071 000	56 152 000	26 618 000
Financial Income	3 200 000	5 696 000	1 339 000	2 020 000
Financial Costs	5 515 000	18 539 000	22 273 000	19 557 000
Financial Balance	−2 315 000	−12 843 000	−20 934 000	−17 537 000
Earnings Before Tax	−2 694 000	36 227 000	35 217 000	9 081 000
Tax	−345 000	5 487 000	1 657 000	2 345 000
Net Income	−2 349 000	30 740 000	33 561 000	6 736 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 156 000	771 352 000	787 144 000	784 386 000
Total Current Assets	3 836 000	303 046 000	225 003 000	255 339 000
Total Assets	114 992 000	1 074 398 000	1 012 147 000	1 039 725 000
Total Retained Equity	19 052 000	94 454 000	113 866 000	94 065 000
Total Equity	19 084 000	113 049 000	193 169 000	166 108 000
Total Long-Term Debt	139 000	759 221 000	742 697 000	720 257 000
Total Current Debt	95 769 000	202 128 000	76 281 000	153 360 000
Total Equity and Debt	114 992 000	1 074 398 000	1 012 147 000	1 039 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	176 449 000	148 829 000	172 553 000
Other Income	0	7 688 000	31 433 000	0
Revenue	0	184 136 000	180 263 000	172 553 000
Cost of Goods Sold	0	92 376 000	82 575 000	111 374 000
Salary Costs	0	12 604 000	9 161 000	6 682 000
Depreciation	0	16 448 000	15 993 000	12 251 000
Impairment	0	0	0	0
Expenditure	379 000	135 065 000	124 110 000	145 935 000
Operating Profit	−379 000	49 071 000	56 152 000	26 618 000
Financial Income	3 200 000	5 696 000	1 339 000	2 020 000
Financial Costs	5 515 000	18 539 000	22 273 000	19 557 000
Financial Balance	−2 315 000	−12 843 000	−20 934 000	−17 537 000
Dividends	11 000 000	0	0	0
Net Income	−2 349 000	30 740 000	33 561 000	6 736 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	28 060 000	29 713 000	22 547 000
Total Intangible Assets	0	29 438 000	32 028 000	23 467 000
Real Eastate	0	662 301 000	705 808 000	708 185 000
Machinery and Plant Facilities	0	4 810 000	5 083 000	5 357 000
Fixtures	0	7 591 000	11 900 000	6 153 000
Total Tangible Assets	0	674 701 000	722 791 000	719 695 000
Total Fiancial Fixed Assets	111 156 000	67 212 000	32 325 000	41 224 000
Total Fixed Assets	111 156 000	771 352 000	787 144 000	784 386 000
Stock	0	160 747 000	115 820 000	74 588 000
Total Investments	164 000	2 019 000	0	0
Cash, Bank	396 000	43 951 000	39 156 000	25 437 000
Total Current Assets	3 836 000	303 046 000	225 003 000	255 339 000
Total Assets	114 992 000	1 074 398 000	1 012 147 000	1 039 725 000
Total Equity	19 084 000	113 049 000	193 169 000	166 108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 000	759 221 000	742 697 000	720 257 000
Creditors	0	26 602 000	8 123 000	16 118 000
Unpaid Taxes	0	2 819 000	1 462 000	1 172 000
Dividends	11 000 000	0	0	0
Other Current Debt	95 537 000	93 615 000	14 220 000	15 588 000
Total Current Debt	95 769 000	202 128 000	76 281 000	153 360 000
Total Equity and Debt	114 992 000	1 074 398 000	1 012 147 000	1 039 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,31 %	27,19 %	17,37 %	4,06 %
Debt-to-Equity Ratio	0,01	6,72	3,84	4,34
Operating Profit Margin	-	26,65 %	31,15 %	15,43 %
Current Ratio	0,04	1,5	2,95	1,66
Quick Ratio	0,04	7,32	−5,69	3,24
Equity Ratio	0,17	0,11	0,19	0,16
Gross Profit Margin	-	49,83 %	54,19 %	35,46 %