PROMIN AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

23,12 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 593 000	2 739 000	1 546 000	2 072 000
Net Income	227 000	362 000	−107 000	85 000
Total Assets	1 557 000	1 340 000	822 000	992 000
Total Equity	982 000	755 000	423 000	530 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 593 000	2 739 000	1 546 000	2 072 000
Expenditure	2 302 000	2 271 000	1 683 000	1 962 000
Operating Profit	292 000	467 000	−137 000	110 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	1 000
Earnings Before Tax	291 000	467 000	−137 000	111 000
Tax	65 000	105 000	−30 000	26 000
Net Income	227 000	362 000	−107 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	44 000	148 000	127 000
Total Current Assets	1 321 000	1 296 000	673 000	865 000
Total Assets	1 557 000	1 340 000	822 000	992 000
Total Retained Equity	882 000	655 000	323 000	430 000
Total Equity	982 000	755 000	423 000	530 000
Total Long-Term Debt	3 000	4 000	0	0
Total Current Debt	572 000	581 000	399 000	462 000
Total Equity and Debt	1 557 000	1 340 000	822 000	992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 593 000	2 739 000	1 546 000	2 072 000
Other Income	0	0	0	0
Revenue	2 593 000	2 739 000	1 546 000	2 072 000
Cost of Goods Sold	1 000	1 000	0	1 000
Salary Costs	1 853 000	1 940 000	1 404 000	1 784 000
Depreciation	56 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 302 000	2 271 000	1 683 000	1 962 000
Operating Profit	292 000	467 000	−137 000	110 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	1 000
Dividends	0	30 000	0	0
Net Income	227 000	362 000	−107 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	96 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 000	44 000	52 000	61 000
Fixtures	200 000	0	0	0
Total Tangible Assets	236 000	44 000	52 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	44 000	148 000	127 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 223 000	1 127 000	570 000	809 000
Total Current Assets	1 321 000	1 296 000	673 000	865 000
Total Assets	1 557 000	1 340 000	822 000	992 000
Total Equity	982 000	755 000	423 000	530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	4 000	0	0
Creditors	24 000	21 000	0	1 000
Unpaid Taxes	136 000	191 000	137 000	244 000
Dividends	0	30 000	0	0
Other Current Debt	346 000	333 000	262 000	217 000
Total Current Debt	572 000	581 000	399 000	462 000
Total Equity and Debt	1 557 000	1 340 000	822 000	992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,12 %	47,95 %	−25,3 %	16,04 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	11,26 %	17,05 %	−8,86 %	5,31 %
Current Ratio	2,31	2,23	1,69	1,87
Quick Ratio	2,31	2,23	1,69	1,87
Equity Ratio	0,63	0,56	0,51	0,53
Gross Profit Margin	99,96 %	99,96 %	100 %	99,95 %