PROREC AS

5222 NESTTUN

Finances

Return on Equity

303,19 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 989 000	2 974 000	4 566 000	7 224 000
Net Income	−285 000	−268 000	174 000	−98 000
Total Assets	2 264 000	2 000 000	2 373 000	3 024 000
Total Equity	−94 000	192 000	459 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 989 000	2 974 000	4 566 000	7 224 000
Expenditure	5 047 000	3 099 000	4 478 000	7 283 000
Operating Profit	−58 000	−125 000	88 000	−59 000
Financial Income	0	26 000	122 000	1 000
Financial Costs	228 000	173 000	32 000	40 000
Financial Balance	−228 000	−147 000	90 000	−39 000
Earnings Before Tax	−285 000	−271 000	177 000	−98 000
Tax	0	−4 000	4 000	0
Net Income	−285 000	−268 000	174 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	385 000	818 000	799 000	907 000
Total Current Assets	1 879 000	1 181 000	1 575 000	2 117 000
Total Assets	2 264 000	2 000 000	2 373 000	3 024 000
Total Retained Equity	−126 000	159 000	427 000	253 000
Total Equity	−94 000	192 000	459 000	286 000
Total Long-Term Debt	0	430 000	698 000	789 000
Total Current Debt	2 358 000	1 378 000	1 216 000	1 949 000
Total Equity and Debt	2 264 000	2 000 000	2 373 000	3 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 989 000	2 917 000	4 535 000	7 224 000
Other Income	0	57 000	31 000	0
Revenue	4 989 000	2 974 000	4 566 000	7 224 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 849 000	2 179 000	3 681 000	6 501 000
Depreciation	76 000	115 000	99 000	107 000
Impairment	0	0	0	0
Expenditure	5 047 000	3 099 000	4 478 000	7 283 000
Operating Profit	−58 000	−125 000	88 000	−59 000
Financial Income	0	26 000	122 000	1 000
Financial Costs	228 000	173 000	32 000	40 000
Financial Balance	−228 000	−147 000	90 000	−39 000
Dividends	0	0	0	0
Net Income	−285 000	−268 000	174 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 000	279 000	20 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	356 000	539 000	778 000	907 000
Total Tangible Assets	385 000	818 000	799 000	907 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	385 000	818 000	799 000	907 000
Stock	0	0	0	0
Total Investments	112 000	264 000	413 000	118 000
Cash, Bank	1 029 000	231 000	451 000	1 181 000
Total Current Assets	1 879 000	1 181 000	1 575 000	2 117 000
Total Assets	2 264 000	2 000 000	2 373 000	3 024 000
Total Equity	−94 000	192 000	459 000	286 000
Short-Term Group Debt	587 000	285 000	135 000	163 000
Total Long-Term Debt	0	430 000	698 000	789 000
Creditors	199 000	87 000	43 000	41 000
Unpaid Taxes	965 000	443 000	414 000	854 000
Dividends	0	0	0	0
Other Current Debt	607 000	564 000	624 000	890 000
Total Current Debt	2 358 000	1 378 000	1 216 000	1 949 000
Total Equity and Debt	2 264 000	2 000 000	2 373 000	3 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	303,19 %	−139,58 %	37,91 %	−34,27 %
Debt-to-Equity Ratio	−0	2,24	1,52	2,76
Operating Profit Margin	−1,16 %	−4,2 %	1,93 %	−0,82 %
Current Ratio	0,8	0,86	1,3	1,09
Quick Ratio	0,8	0,86	1,3	1,09
Equity Ratio	−0,04	0,1	0,19	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %