PROPER10 AS

3941 PORSGRUNN

Finances

Return on Equity

−7,39 %

Current Ratio

Debt-to-Equity Ratio

−5,12

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	1 155 000	6 900 000
Net Income	159 000	−873 000	−2 481 000	496 000
Total Assets	18 797 000	20 787 000	17 734 000	20 509 000
Total Equity	−2 152 000	−2 311 000	−1 438 000	1 044 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	1 155 000	6 900 000
Expenditure	130 000	147 000	2 393 000	6 261 000
Operating Profit	−130 000	−147 000	−1 237 000	639 000
Financial Income	635 000	0	51 000	1 000
Financial Costs	453 000	727 000	1 337 000	16 000
Financial Balance	182 000	−727 000	−1 286 000	−15 000
Earnings Before Tax	52 000	−873 000	−2 523 000	624 000
Tax	−107 000	0	−42 000	128 000
Net Income	159 000	−873 000	−2 481 000	496 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	18 792 000	11 642 000	11 663 000	12 583 000
Total Current Assets	6 000	9 145 000	6 070 000	7 926 000
Total Assets	18 797 000	20 787 000	17 734 000	20 509 000
Total Retained Equity	−2 452 000	−2 611 000	−1 738 000	496 000
Total Equity	−2 152 000	−2 311 000	−1 438 000	1 044 000
Total Long-Term Debt	11 009 000	17 051 000	16 807 000	17 522 000
Total Current Debt	9 940 000	6 046 000	2 365 000	1 943 000
Total Equity and Debt	18 797 000	20 787 000	17 734 000	20 509 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	1 100 000	6 900 000
Other Income	0	0	55 000	0
Revenue	0	0	1 155 000	6 900 000
Cost of Goods Sold	0	0	2 170 000	5 911 000
Salary Costs	0	0	0	0
Depreciation	18 000	22 000	55 000	85 000
Impairment	0	0	0	0
Expenditure	130 000	147 000	2 393 000	6 261 000
Operating Profit	−130 000	−147 000	−1 237 000	639 000
Financial Income	635 000	0	51 000	1 000
Financial Costs	453 000	727 000	1 337 000	16 000
Financial Balance	182 000	−727 000	−1 286 000	−15 000
Dividends	0	0	0	0
Net Income	159 000	−873 000	−2 481 000	496 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	3 000	10 000
Fixtures	0	18 000	37 000	895 000
Total Tangible Assets	0	18 000	40 000	905 000
Total Fiancial Fixed Assets	18 792 000	11 623 000	11 623 000	11 678 000
Total Fixed Assets	18 792 000	11 642 000	11 663 000	12 583 000
Stock	0	0	0	2 025 000
Total Investments	0	0	0	0
Cash, Bank	6 000	1 000	1 000	1 000
Total Current Assets	6 000	9 145 000	6 070 000	7 926 000
Total Assets	18 797 000	20 787 000	17 734 000	20 509 000
Total Equity	−2 152 000	−2 311 000	−1 438 000	1 044 000
Short-Term Group Debt	6 982 000	0	0	0
Total Long-Term Debt	11 009 000	17 051 000	16 807 000	17 522 000
Creditors	81 000	114 000	140 000	83 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 877 000	5 932 000	2 125 000	1 749 000
Total Current Debt	9 940 000	6 046 000	2 365 000	1 943 000
Total Equity and Debt	18 797 000	20 787 000	17 734 000	20 509 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−7,39 %	37,78 %	172,53 %	47,51 %
Debt-to-Equity Ratio	−5,12	−7,38	−11,69	16,78
Operating Profit Margin	-	-	−107,1 %	9,26 %
Current Ratio	0	1,51	2,57	4,08
Quick Ratio	0	1,51	2,57	−96,66
Equity Ratio	−0,11	−0,11	−0,08	0,05
Gross Profit Margin	-	-	−87,88 %	14,33 %