PRAXES AS

7634 FROSTA

Finances

Return on Equity

54,86 %

Current Ratio

3,95

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	460 000	306 000	547 000	868 000
Net Income	158 000	−157 000	50 000	48 000
Total Assets	379 000	214 000	342 000	359 000
Total Equity	288 000	130 000	287 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	460 000	306 000	547 000	868 000
Expenditure	300 000	427 000	492 000	844 000
Operating Profit	160 000	−122 000	56 000	25 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Earnings Before Tax	160 000	−122 000	54 000	20 000
Tax	2 000	35 000	5 000	−28 000
Net Income	158 000	−157 000	50 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	32 000	72 000	265 000
Total Current Assets	292 000	182 000	270 000	93 000
Total Assets	379 000	214 000	342 000	359 000
Total Retained Equity	258 000	100 000	257 000	208 000
Total Equity	288 000	130 000	287 000	238 000
Total Long-Term Debt	17 000	17 000	17 000	17 000
Total Current Debt	74 000	66 000	37 000	104 000
Total Equity and Debt	379 000	214 000	342 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	460 000	306 000	545 000	868 000
Other Income	0	0	2 000	0
Revenue	460 000	306 000	547 000	868 000
Cost of Goods Sold	0	0	0	0
Salary Costs	186 000	251 000	153 000	556 000
Depreciation	6 000	6 000	31 000	46 000
Impairment	0	0	101 000	0
Expenditure	300 000	427 000	492 000	844 000
Operating Profit	160 000	−122 000	56 000	25 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Dividends	0	0	0	0
Net Income	158 000	−157 000	50 000	48 000

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	3 000	10 000	16 000	192 000
Total Tangible Assets	3 000	10 000	16 000	192 000
Total Fiancial Fixed Assets	83 000	22 000	56 000	74 000
Total Fixed Assets	87 000	32 000	72 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	233 000	180 000	267 000	25 000
Total Current Assets	292 000	182 000	270 000	93 000
Total Assets	379 000	214 000	342 000	359 000
Total Equity	288 000	130 000	287 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	17 000	17 000	17 000
Creditors	16 000	16 000	21 000	16 000
Unpaid Taxes	50 000	45 000	20 000	49 000
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	−3 000	39 000
Total Current Debt	74 000	66 000	37 000	104 000
Total Equity and Debt	379 000	214 000	342 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,86 %	−120,77 %	17,42 %	20,17 %
Debt-to-Equity Ratio	0,06	0,13	0,06	0,07
Operating Profit Margin	34,78 %	−39,87 %	10,24 %	2,88 %
Current Ratio	3,95	2,76	7,3	0,89
Quick Ratio	3,95	2,76	7,3	0,89
Equity Ratio	0,76	0,61	0,84	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %