PROGLAB AS

7048 TRONDHEIM

Finances

Return on Equity

16,97 %

Current Ratio

9,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 955 000	1 917 000	1 737 000	0
Net Income	637 000	815 000	1 104 000	−28 000
Total Assets	4 210 000	3 571 000	2 878 000	1 350 000
Total Equity	3 753 000	3 268 000	2 453 000	1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 955 000	1 917 000	1 737 000	0
Expenditure	1 108 000	1 074 000	1 035 000	35 000
Operating Profit	847 000	842 000	702 000	−35 000
Financial Income	0	6 000	561 000	1 000
Financial Costs	23 000	0	1 000	1 000
Financial Balance	−23 000	6 000	560 000	0
Earnings Before Tax	823 000	848 000	1 263 000	−35 000
Tax	186 000	33 000	158 000	−8 000
Net Income	637 000	815 000	1 104 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	44 000	5 000	26 000
Total Current Assets	4 179 000	3 527 000	2 873 000	1 323 000
Total Assets	4 210 000	3 571 000	2 878 000	1 350 000
Total Retained Equity	3 728 000	3 243 000	2 428 000	1 324 000
Total Equity	3 753 000	3 268 000	2 453 000	1 348 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	456 000	301 000	425 000	1 000
Total Equity and Debt	4 210 000	3 571 000	2 878 000	1 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 955 000	1 917 000	1 737 000	0
Other Income	0	0	0	0
Revenue	1 955 000	1 917 000	1 737 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	975 000	963 000	941 000	0
Depreciation	14 000	2 000	0	7 000
Impairment	0	0	0	0
Expenditure	1 108 000	1 074 000	1 035 000	35 000
Operating Profit	847 000	842 000	702 000	−35 000
Financial Income	0	6 000	561 000	1 000
Financial Costs	23 000	0	1 000	1 000
Financial Balance	−23 000	6 000	560 000	0
Dividends	0	0	0	0
Net Income	637 000	815 000	1 104 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	39 000	0	0
Total Tangible Assets	25 000	39 000	0	0
Total Fiancial Fixed Assets	5 000	5 000	5 000	20 000
Total Fixed Assets	30 000	44 000	5 000	26 000
Stock	0	0	0	0
Total Investments	232 000	255 000	0	0
Cash, Bank	3 736 000	3 106 000	2 504 000	1 323 000
Total Current Assets	4 179 000	3 527 000	2 873 000	1 323 000
Total Assets	4 210 000	3 571 000	2 878 000	1 350 000
Total Equity	3 753 000	3 268 000	2 453 000	1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	34 000	3 000	8 000	0
Unpaid Taxes	134 000	118 000	121 000	−5 000
Dividends	0	0	0	0
Other Current Debt	101 000	150 000	144 000	7 000
Total Current Debt	456 000	301 000	425 000	1 000
Total Equity and Debt	4 210 000	3 571 000	2 878 000	1 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,97 %	24,94 %	45,01 %	−2,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,32 %	43,92 %	40,41 %	-
Current Ratio	9,16	11,72	6,76	1 323
Quick Ratio	9,16	11,72	6,76	1 323
Equity Ratio	0,89	0,92	0,85	1
Gross Profit Margin	100 %	100 %	100 %	-