PROGRESSUM LØRENSKOG AS

1461 LØRENSKOG

Finances

Return on Equity

33,7 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 071 000	8 311 000	7 556 000	6 792 000
Net Income	526 000	1 021 000	915 000	687 000
Total Assets	7 658 000	5 795 000	4 011 000	2 707 000
Total Equity	1 561 000	1 292 000	885 000	748 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 071 000	8 311 000	7 556 000	6 792 000
Expenditure	8 361 000	6 989 000	6 351 000	5 873 000
Operating Profit	709 000	1 322 000	1 206 000	917 000
Financial Income	2 000	0	5 000	8 000
Financial Costs	14 000	27 000	20 000	24 000
Financial Balance	−12 000	−27 000	−15 000	−16 000
Earnings Before Tax	697 000	1 296 000	1 190 000	901 000
Tax	171 000	275 000	276 000	214 000
Net Income	526 000	1 021 000	915 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 169 000	4 569 000	3 190 000	140 000
Total Current Assets	2 490 000	1 227 000	821 000	2 567 000
Total Assets	7 658 000	5 795 000	4 011 000	2 707 000
Total Retained Equity	337 000	68 000	−339 000	−276 000
Total Equity	1 561 000	1 292 000	885 000	748 000
Total Long-Term Debt	0	364 000	0	340 000
Total Current Debt	6 097 000	4 139 000	3 125 000	1 619 000
Total Equity and Debt	7 658 000	5 795 000	4 011 000	2 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 071 000	7 930 000	7 243 000	6 475 000
Other Income	0	381 000	314 000	317 000
Revenue	9 071 000	8 311 000	7 556 000	6 792 000
Cost of Goods Sold	1 118 000	218 000	340 000	340 000
Salary Costs	5 588 000	5 147 000	4 262 000	3 916 000
Depreciation	25 000	51 000	51 000	49 000
Impairment	0	0	0	0
Expenditure	8 361 000	6 989 000	6 351 000	5 873 000
Operating Profit	709 000	1 322 000	1 206 000	917 000
Financial Income	2 000	0	5 000	8 000
Financial Costs	14 000	27 000	20 000	24 000
Financial Balance	−12 000	−27 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	526 000	1 021 000	915 000	687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	10 000	19 000
Total Intangible Assets	0	0	10 000	19 000
Real Eastate	19 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	39 000	80 000	121 000
Total Tangible Assets	54 000	39 000	80 000	121 000
Total Fiancial Fixed Assets	5 115 000	4 530 000	3 100 000	0
Total Fixed Assets	5 169 000	4 569 000	3 190 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	−38 000	−366 000	1 521 000
Total Current Assets	2 490 000	1 227 000	821 000	2 567 000
Total Assets	7 658 000	5 795 000	4 011 000	2 707 000
Total Equity	1 561 000	1 292 000	885 000	748 000
Short-Term Group Debt	3 871 000	2 864 000	2 076 000	823 000
Total Long-Term Debt	0	364 000	0	340 000
Creditors	198 000	29 000	49 000	12 000
Unpaid Taxes	467 000	606 000	557 000	410 000
Dividends	0	0	0	0
Other Current Debt	988 000	540 000	443 000	365 000
Total Current Debt	6 097 000	4 139 000	3 125 000	1 619 000
Total Equity and Debt	7 658 000	5 795 000	4 011 000	2 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,7 %	79,02 %	103,39 %	91,84 %
Debt-to-Equity Ratio	0	0,28	0	0,45
Operating Profit Margin	7,82 %	15,91 %	15,96 %	13,5 %
Current Ratio	0,41	0,3	0,26	1,59
Quick Ratio	0,41	0,3	0,26	1,59
Equity Ratio	0,2	0,22	0,22	0,28
Gross Profit Margin	87,68 %	97,38 %	95,5 %	94,99 %