PROMOTION FACTORY AS

3292 STAVERN

Finances

Share Ownership

Return on Equity

4,94 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 481 000	5 928 000	7 485 000	5 127 000
Net Income	44 000	161 000	546 000	227 000
Total Assets	3 739 000	3 233 000	5 773 000	2 988 000
Total Equity	890 000	847 000	686 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 481 000	5 928 000	7 485 000	5 127 000
Expenditure	6 331 000	5 590 000	6 673 000	4 738 000
Operating Profit	151 000	338 000	812 000	389 000
Financial Income	3 000	5 000	2 000	311 000
Financial Costs	85 000	134 000	104 000	392 000
Financial Balance	−82 000	−129 000	−102 000	−81 000
Earnings Before Tax	68 000	210 000	711 000	308 000
Tax	24 000	50 000	165 000	81 000
Net Income	44 000	161 000	546 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	149 000
Total Current Assets	3 739 000	3 233 000	5 773 000	2 839 000
Total Assets	3 739 000	3 233 000	5 773 000	2 988 000
Total Retained Equity	790 000	746 000	585 000	39 000
Total Equity	890 000	847 000	686 000	140 000
Total Long-Term Debt	398 000	607 000	1 168 000	700 000
Total Current Debt	2 451 000	1 779 000	3 920 000	2 148 000
Total Equity and Debt	3 739 000	3 233 000	5 773 000	2 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 481 000	5 928 000	7 450 000	5 127 000
Other Income	0	0	35 000	0
Revenue	6 481 000	5 928 000	7 485 000	5 127 000
Cost of Goods Sold	4 386 000	3 722 000	4 434 000	3 127 000
Salary Costs	1 204 000	1 209 000	1 373 000	966 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 331 000	5 590 000	6 673 000	4 738 000
Operating Profit	151 000	338 000	812 000	389 000
Financial Income	3 000	5 000	2 000	311 000
Financial Costs	85 000	134 000	104 000	392 000
Financial Balance	−82 000	−129 000	−102 000	−81 000
Dividends	0	0	0	0
Net Income	44 000	161 000	546 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	148 000
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	0	0	0	1 000
Total Fixed Assets	0	0	0	149 000
Stock	390 000	229 000	265 000	184 000
Total Investments	0	0	0	0
Cash, Bank	625 000	1 110 000	1 838 000	284 000
Total Current Assets	3 739 000	3 233 000	5 773 000	2 839 000
Total Assets	3 739 000	3 233 000	5 773 000	2 988 000
Total Equity	890 000	847 000	686 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	398 000	607 000	1 168 000	700 000
Creditors	362 000	−36 000	161 000	242 000
Unpaid Taxes	385 000	550 000	652 000	281 000
Dividends	0	0	0	0
Other Current Debt	180 000	1 203 000	3 103 000	1 625 000
Total Current Debt	2 451 000	1 779 000	3 920 000	2 148 000
Total Equity and Debt	3 739 000	3 233 000	5 773 000	2 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,94 %	19,01 %	79,59 %	162,14 %
Debt-to-Equity Ratio	0,45	0,72	1,7	5
Operating Profit Margin	2,33 %	5,7 %	10,85 %	7,59 %
Current Ratio	1,53	1,82	1,47	1,32
Quick Ratio	1,81	2,09	1,58	1,45
Equity Ratio	0,24	0,26	0,12	0,05
Gross Profit Margin	32,33 %	37,21 %	40,76 %	39,01 %