PROGRESSUM EIDSVOLL AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

251,23 %

Current Ratio

0,48

Debt-to-Equity Ratio

8,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 919 000	2 503 000	1 451 000	1 507 000
Net Income	407 000	−903 000	−164 000	0
Total Assets	5 089 000	524 000	270 000	715 000
Total Equity	162 000	−864 000	38 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 919 000	2 503 000	1 451 000	1 507 000
Expenditure	4 459 000	3 408 000	1 708 000	1 682 000
Operating Profit	460 000	−904 000	−257 000	−176 000
Financial Income	1 000	2 000	100 000	185 000
Financial Costs	1 000	0	6 000	9 000
Financial Balance	0	2 000	94 000	176 000
Earnings Before Tax	459 000	−903 000	−163 000	0
Tax	53 000	0	1 000	0
Net Income	407 000	−903 000	−164 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 423 000	0	0	122 000
Total Current Assets	1 666 000	524 000	270 000	593 000
Total Assets	5 089 000	524 000	270 000	715 000
Total Retained Equity	−558 000	−964 000	−62 000	102 000
Total Equity	162 000	−864 000	38 000	202 000
Total Long-Term Debt	1 433 000	0	23 000	23 000
Total Current Debt	3 495 000	1 388 000	209 000	490 000
Total Equity and Debt	5 089 000	524 000	270 000	715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 893 000	2 444 000	1 301 000	1 226 000
Other Income	26 000	59 000	150 000	281 000
Revenue	4 919 000	2 503 000	1 451 000	1 507 000
Cost of Goods Sold	266 000	551 000	513 000	493 000
Salary Costs	2 600 000	1 790 000	426 000	271 000
Depreciation	527 000	0	0	7 000
Impairment	0	0	0	0
Expenditure	4 459 000	3 408 000	1 708 000	1 682 000
Operating Profit	460 000	−904 000	−257 000	−176 000
Financial Income	1 000	2 000	100 000	185 000
Financial Costs	1 000	0	6 000	9 000
Financial Balance	0	2 000	94 000	176 000
Dividends	0	0	0	0
Net Income	407 000	−903 000	−164 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 423 000	0	0	1 000
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	121 000
Total Fixed Assets	3 423 000	0	0	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	423 000	80 000	188 000	344 000
Total Current Assets	1 666 000	524 000	270 000	593 000
Total Assets	5 089 000	524 000	270 000	715 000
Total Equity	162 000	−864 000	38 000	202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 433 000	0	23 000	23 000
Creditors	2 579 000	1 162 000	107 000	424 000
Unpaid Taxes	353 000	93 000	26 000	2 000
Dividends	0	0	0	0
Other Current Debt	388 000	133 000	76 000	65 000
Total Current Debt	3 495 000	1 388 000	209 000	490 000
Total Equity and Debt	5 089 000	524 000	270 000	715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	251,23 %	104,51 %	−431,58 %	0 %
Debt-to-Equity Ratio	8,85	−0	0,61	0,11
Operating Profit Margin	9,35 %	−36,12 %	−17,71 %	−11,68 %
Current Ratio	0,48	0,38	1,29	1,21
Quick Ratio	0,48	0,38	1,29	1,21
Equity Ratio	0,03	−1,65	0,14	0,28
Gross Profit Margin	94,59 %	77,99 %	64,65 %	67,29 %