PROFF RØRLEGGER AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

12,9 %

Current Ratio

0,81

Debt-to-Equity Ratio

23,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 160 000	2 284 000	2 553 000	2 950 000
Net Income	4 000	−176 000	85 000	−217 000
Total Assets	1 200 000	1 434 000	1 861 000	1 988 000
Total Equity	31 000	27 000	203 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 160 000	2 284 000	2 553 000	2 950 000
Expenditure	2 105 000	2 472 000	2 401 000	3 182 000
Operating Profit	54 000	−187 000	152 000	−232 000
Financial Income	0	4 000	8 000	0
Financial Costs	47 000	42 000	52 000	46 000
Financial Balance	−47 000	−38 000	−44 000	−46 000
Earnings Before Tax	7 000	−225 000	109 000	−278 000
Tax	4 000	−49 000	24 000	−61 000
Net Income	4 000	−176 000	85 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	845 000	1 083 000	1 203 000	1 350 000
Total Current Assets	355 000	351 000	658 000	638 000
Total Assets	1 200 000	1 434 000	1 861 000	1 988 000
Total Retained Equity	13 000	9 000	185 000	100 000
Total Equity	31 000	27 000	203 000	118 000
Total Long-Term Debt	730 000	855 000	973 000	1 119 000
Total Current Debt	439 000	552 000	686 000	752 000
Total Equity and Debt	1 200 000	1 434 000	1 861 000	1 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 124 000	2 284 000	2 542 000	2 921 000
Other Income	36 000	0	11 000	29 000
Revenue	2 160 000	2 284 000	2 553 000	2 950 000
Cost of Goods Sold	740 000	666 000	541 000	820 000
Salary Costs	718 000	923 000	1 148 000	1 515 000
Depreciation	212 000	208 000	195 000	164 000
Impairment	0	0	0	0
Expenditure	2 105 000	2 472 000	2 401 000	3 182 000
Operating Profit	54 000	−187 000	152 000	−232 000
Financial Income	0	4 000	8 000	0
Financial Costs	47 000	42 000	52 000	46 000
Financial Balance	−47 000	−38 000	−44 000	−46 000
Dividends	0	0	0	0
Net Income	4 000	−176 000	85 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	174 000	124 000	148 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	675 000	886 000	1 055 000	1 179 000
Total Tangible Assets	675 000	886 000	1 055 000	1 179 000
Total Fiancial Fixed Assets	0	23 000	23 000	23 000
Total Fixed Assets	845 000	1 083 000	1 203 000	1 350 000
Stock	40 000	49 000	21 000	23 000
Total Investments	0	0	0	0
Cash, Bank	224 000	222 000	443 000	311 000
Total Current Assets	355 000	351 000	658 000	638 000
Total Assets	1 200 000	1 434 000	1 861 000	1 988 000
Total Equity	31 000	27 000	203 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	730 000	855 000	973 000	1 119 000
Creditors	87 000	51 000	12 000	95 000
Unpaid Taxes	53 000	60 000	152 000	126 000
Dividends	0	0	0	0
Other Current Debt	299 000	442 000	521 000	530 000
Total Current Debt	439 000	552 000	686 000	752 000
Total Equity and Debt	1 200 000	1 434 000	1 861 000	1 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,9 %	−651,85 %	41,87 %	−183,9 %
Debt-to-Equity Ratio	23,55	31,67	4,79	9,48
Operating Profit Margin	2,5 %	−8,19 %	5,95 %	−7,86 %
Current Ratio	0,81	0,64	0,96	0,85
Quick Ratio	0,89	0,7	0,99	0,88
Equity Ratio	0,03	0,02	0,11	0,06
Gross Profit Margin	65,74 %	70,84 %	78,81 %	72,2 %