PROGRESSIVE FILM AS

8616 MO I RANA

Finances

Return on Equity

−22,92 %

Current Ratio

18,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 336 000	362 000	1 093 000	3 334 000
Net Income	−1 422 000	−4 094 000	4 767 000	1 574 000
Total Assets	6 529 000	7 829 000	12 631 000	8 035 000
Total Equity	6 205 000	7 627 000	11 721 000	6 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 336 000	362 000	1 093 000	3 334 000
Expenditure	1 653 000	2 185 000	1 441 000	3 080 000
Operating Profit	−318 000	−1 824 000	−348 000	253 000
Financial Income	318 000	3 110 000	8 124 000	3 273 000
Financial Costs	1 499 000	5 777 000	3 093 000	1 908 000
Financial Balance	−1 181 000	−2 667 000	5 031 000	1 365 000
Earnings Before Tax	−1 498 000	−4 492 000	4 683 000	1 619 000
Tax	−76 000	−397 000	−84 000	44 000
Net Income	−1 422 000	−4 094 000	4 767 000	1 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	526 000	407 000	10 000	0
Total Current Assets	6 003 000	7 422 000	12 621 000	8 035 000
Total Assets	6 529 000	7 829 000	12 631 000	8 035 000
Total Retained Equity	6 105 000	7 527 000	11 621 000	6 854 000
Total Equity	6 205 000	7 627 000	11 721 000	6 954 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	325 000	202 000	909 000	1 081 000
Total Equity and Debt	6 529 000	7 829 000	12 631 000	8 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 336 000	362 000	1 093 000	3 334 000
Other Income	0	0	0	0
Revenue	1 336 000	362 000	1 093 000	3 334 000
Cost of Goods Sold	1 042 000	1 746 000	584 000	1 291 000
Salary Costs	0	10 000	9 000	8 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 653 000	2 185 000	1 441 000	3 080 000
Operating Profit	−318 000	−1 824 000	−348 000	253 000
Financial Income	318 000	3 110 000	8 124 000	3 273 000
Financial Costs	1 499 000	5 777 000	3 093 000	1 908 000
Financial Balance	−1 181 000	−2 667 000	5 031 000	1 365 000
Dividends	0	0	0	0
Net Income	−1 422 000	−4 094 000	4 767 000	1 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	483 000	407 000	10 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	0	0	0
Total Tangible Assets	43 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	526 000	407 000	10 000	0
Stock	0	0	0	0
Total Investments	5 912 000	7 102 000	12 399 000	7 523 000
Cash, Bank	82 000	305 000	104 000	419 000
Total Current Assets	6 003 000	7 422 000	12 621 000	8 035 000
Total Assets	6 529 000	7 829 000	12 631 000	8 035 000
Total Equity	6 205 000	7 627 000	11 721 000	6 954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	17 000	17 000	9 000
Unpaid Taxes	0	9 000	11 000	20 000
Dividends	0	0	0	0
Other Current Debt	269 000	176 000	882 000	1 008 000
Total Current Debt	325 000	202 000	909 000	1 081 000
Total Equity and Debt	6 529 000	7 829 000	12 631 000	8 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,92 %	−53,68 %	40,67 %	22,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−23,8 %	−503,87 %	−31,84 %	7,59 %
Current Ratio	18,47	36,74	13,88	7,43
Quick Ratio	18,47	36,74	13,88	7,43
Equity Ratio	0,95	0,97	0,93	0,87
Gross Profit Margin	22,01 %	−382,32 %	46,57 %	61,28 %