PROGLASS AS

2420 TRYSIL

Finances

Share Ownership

Return on Equity

17,37 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 327 000	7 058 000	21 581 000	15 644 000
Net Income	418 000	344 000	1 253 000	1 457 000
Total Assets	4 229 000	4 647 000	5 981 000	5 346 000
Total Equity	2 406 000	2 453 000	2 769 000	2 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 327 000	7 058 000	21 581 000	15 644 000
Expenditure	8 762 000	6 591 000	19 910 000	13 729 000
Operating Profit	565 000	466 000	1 670 000	1 916 000
Financial Income	18 000	13 000	16 000	17 000
Financial Costs	30 000	6 000	32 000	17 000
Financial Balance	−12 000	7 000	−16 000	0
Earnings Before Tax	552 000	474 000	1 655 000	1 916 000
Tax	133 000	130 000	402 000	459 000
Net Income	418 000	344 000	1 253 000	1 457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	176 000	495 000	478 000
Total Current Assets	4 183 000	4 471 000	5 486 000	4 869 000
Total Assets	4 229 000	4 647 000	5 981 000	5 346 000
Total Retained Equity	2 373 000	2 420 000	2 736 000	2 323 000
Total Equity	2 406 000	2 453 000	2 769 000	2 356 000
Total Long-Term Debt	0	243 000	390 000	352 000
Total Current Debt	1 823 000	1 951 000	2 822 000	2 639 000
Total Equity and Debt	4 229 000	4 647 000	5 981 000	5 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 327 000	6 768 000	21 578 000	15 644 000
Other Income	0	291 000	3 000	0
Revenue	9 327 000	7 058 000	21 581 000	15 644 000
Cost of Goods Sold	259 000	265 000	7 508 000	684 000
Salary Costs	6 143 000	4 318 000	8 747 000	8 855 000
Depreciation	130 000	319 000	324 000	256 000
Impairment	0	0	0	0
Expenditure	8 762 000	6 591 000	19 910 000	13 729 000
Operating Profit	565 000	466 000	1 670 000	1 916 000
Financial Income	18 000	13 000	16 000	17 000
Financial Costs	30 000	6 000	32 000	17 000
Financial Balance	−12 000	7 000	−16 000	0
Dividends	465 000	660 000	840 000	643 000
Net Income	418 000	344 000	1 253 000	1 457 000

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	46 000	176 000	495 000	465 000
Total Tangible Assets	46 000	176 000	495 000	465 000
Total Fiancial Fixed Assets	0	0	0	13 000
Total Fixed Assets	46 000	176 000	495 000	478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 972 000	3 172 000	4 000 000	3 375 000
Total Current Assets	4 183 000	4 471 000	5 486 000	4 869 000
Total Assets	4 229 000	4 647 000	5 981 000	5 346 000
Total Equity	2 406 000	2 453 000	2 769 000	2 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	243 000	390 000	352 000
Creditors	97 000	113 000	178 000	278 000
Unpaid Taxes	809 000	967 000	1 142 000	895 000
Dividends	465 000	660 000	840 000	643 000
Other Current Debt	773 000	741 000	1 101 000	1 007 000
Total Current Debt	1 823 000	1 951 000	2 822 000	2 639 000
Total Equity and Debt	4 229 000	4 647 000	5 981 000	5 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,37 %	14,02 %	45,25 %	61,84 %
Debt-to-Equity Ratio	0	0,1	0,14	0,15
Operating Profit Margin	6,06 %	6,6 %	7,74 %	12,25 %
Current Ratio	2,29	2,29	1,94	1,85
Quick Ratio	2,29	2,29	1,94	1,85
Equity Ratio	0,57	0,53	0,46	0,44
Gross Profit Margin	97,22 %	96,25 %	65,21 %	95,63 %