PROCUREMASTER AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

37,06 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 411 000	1 134 000	828 000
Net Income	149 000	153 000	95 000	40 000
Total Assets	707 000	573 000	427 000	321 000
Total Equity	402 000	252 000	99 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 411 000	1 134 000	828 000
Expenditure	1 194 000	1 215 000	1 013 000	777 000
Operating Profit	191 000	196 000	120 000	51 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	191 000	196 000	121 000	52 000
Tax	42 000	43 000	27 000	11 000
Net Income	149 000	153 000	95 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	18 000	0	0
Total Current Assets	689 000	555 000	427 000	321 000
Total Assets	707 000	573 000	427 000	321 000
Total Retained Equity	372 000	222 000	69 000	44 000
Total Equity	402 000	252 000	99 000	74 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	306 000	321 000	328 000	246 000
Total Equity and Debt	707 000	573 000	427 000	321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 385 000	1 411 000	1 134 000	828 000
Other Income	0	0	0	0
Revenue	1 385 000	1 411 000	1 134 000	828 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 040 000	1 082 000	878 000	700 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 194 000	1 215 000	1 013 000	777 000
Operating Profit	191 000	196 000	120 000	51 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	70 000	40 000
Net Income	149 000	153 000	95 000	40 000

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	18 000	18 000	0	0
Total Fixed Assets	18 000	18 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	252 000	156 000	79 000
Total Current Assets	689 000	555 000	427 000	321 000
Total Assets	707 000	573 000	427 000	321 000
Total Equity	402 000	252 000	99 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	12 000	12 000
Unpaid Taxes	146 000	166 000	123 000	102 000
Dividends	0	0	70 000	40 000
Other Current Debt	117 000	111 000	95 000	81 000
Total Current Debt	306 000	321 000	328 000	246 000
Total Equity and Debt	707 000	573 000	427 000	321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,06 %	60,71 %	95,96 %	54,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,79 %	13,89 %	10,58 %	6,16 %
Current Ratio	2,25	1,73	1,3	1,3
Quick Ratio	2,25	1,73	1,3	1,3
Equity Ratio	0,57	0,44	0,23	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %