PROGOTIX AS

7550 HOMMELVIK

Finances

Share Ownership

Return on Equity

2,83 %

Current Ratio

7,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 000	343 000	147 000	183 000
Net Income	8 000	105 000	59 000	95 000
Total Assets	307 000	401 000	192 000	345 000
Total Equity	283 000	275 000	169 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 000	343 000	147 000	183 000
Expenditure	117 000	204 000	69 000	61 000
Operating Profit	56 000	139 000	78 000	122 000
Financial Income	2 000	1 000	0	0
Financial Costs	37 000	2 000	2 000	0
Financial Balance	−35 000	−1 000	−2 000	0
Earnings Before Tax	20 000	138 000	77 000	123 000
Tax	12 000	33 000	18 000	27 000
Net Income	8 000	105 000	59 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	0	9 000	18 000
Total Current Assets	174 000	401 000	183 000	327 000
Total Assets	307 000	401 000	192 000	345 000
Total Retained Equity	259 000	251 000	145 000	86 000
Total Equity	283 000	275 000	169 000	110 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	126 000	23 000	235 000
Total Equity and Debt	307 000	401 000	192 000	345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 000	343 000	147 000	183 000
Other Income	0	0	0	0
Revenue	172 000	343 000	147 000	183 000
Cost of Goods Sold	45 000	117 000	0	0
Salary Costs	5 000	6 000	0	0
Depreciation	0	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	117 000	204 000	69 000	61 000
Operating Profit	56 000	139 000	78 000	122 000
Financial Income	2 000	1 000	0	0
Financial Costs	37 000	2 000	2 000	0
Financial Balance	−35 000	−1 000	−2 000	0
Dividends	0	0	0	200 000
Net Income	8 000	105 000	59 000	95 000

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	9 000	18 000
Total Tangible Assets	0	0	9 000	18 000
Total Fiancial Fixed Assets	133 000	0	0	0
Total Fixed Assets	133 000	0	9 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	401 000	179 000	211 000
Total Current Assets	174 000	401 000	183 000	327 000
Total Assets	307 000	401 000	192 000	345 000
Total Equity	283 000	275 000	169 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	50 000	0	0
Unpaid Taxes	4 000	35 000	0	0
Dividends	0	0	0	200 000
Other Current Debt	8 000	8 000	5 000	8 000
Total Current Debt	24 000	126 000	23 000	235 000
Total Equity and Debt	307 000	401 000	192 000	345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,83 %	38,18 %	34,91 %	86,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,56 %	40,52 %	53,06 %	66,67 %
Current Ratio	7,25	3,18	7,96	1,39
Quick Ratio	7,25	3,18	7,96	1,39
Equity Ratio	0,92	0,69	0,88	0,32
Gross Profit Margin	73,84 %	65,89 %	100 %	100 %