PROFINOVA AS

4016 STAVANGER

Finances

Return on Equity

7,67 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	703 000	508 000	289 000
Net Income	119 000	76 000	263 000	169 000
Total Assets	1 852 000	1 720 000	1 604 000	1 209 000
Total Equity	1 551 000	1 432 000	1 355 000	1 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	703 000	508 000	289 000
Expenditure	602 000	606 000	174 000	77 000
Operating Profit	138 000	97 000	334 000	211 000
Financial Income	15 000	1 000	4 000	5 000
Financial Costs	0	0	1 000	0
Financial Balance	15 000	1 000	3 000	5 000
Earnings Before Tax	153 000	98 000	337 000	216 000
Tax	34 000	22 000	74 000	47 000
Net Income	119 000	76 000	263 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	601 000	601 000	601 000
Total Current Assets	1 151 000	1 119 000	1 003 000	607 000
Total Assets	1 852 000	1 720 000	1 604 000	1 209 000
Total Retained Equity	1 521 000	1 402 000	1 325 000	1 062 000
Total Equity	1 551 000	1 432 000	1 355 000	1 092 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	301 000	288 000	249 000	117 000
Total Equity and Debt	1 852 000	1 720 000	1 604 000	1 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	740 000	703 000	508 000	289 000
Other Income	0	0	0	0
Revenue	740 000	703 000	508 000	289 000
Cost of Goods Sold	0	0	0	0
Salary Costs	574 000	574 000	166 000	70 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	602 000	606 000	174 000	77 000
Operating Profit	138 000	97 000	334 000	211 000
Financial Income	15 000	1 000	4 000	5 000
Financial Costs	0	0	1 000	0
Financial Balance	15 000	1 000	3 000	5 000
Dividends	0	0	0	0
Net Income	119 000	76 000	263 000	169 000

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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	701 000	601 000	601 000	601 000
Total Fixed Assets	701 000	601 000	601 000	601 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 151 000	1 119 000	1 003 000	607 000
Total Current Assets	1 151 000	1 119 000	1 003 000	607 000
Total Assets	1 852 000	1 720 000	1 604 000	1 209 000
Total Equity	1 551 000	1 432 000	1 355 000	1 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	205 000	204 000	157 000	62 000
Dividends	0	0	0	0
Other Current Debt	63 000	63 000	18 000	7 000
Total Current Debt	301 000	288 000	249 000	117 000
Total Equity and Debt	1 852 000	1 720 000	1 604 000	1 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,67 %	5,31 %	19,41 %	15,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,65 %	13,8 %	65,75 %	73,01 %
Current Ratio	3,82	3,89	4,03	5,19
Quick Ratio	3,82	3,89	4,03	5,19
Equity Ratio	0,84	0,83	0,84	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %