PROMO GROUP AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

224,73 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 770 000	3 517 000	0	0
Net Income	1 263 000	373 000	−62 000	−12 000
Total Assets	6 770 000	1 804 000	126 000	193 000
Total Equity	562 000	499 000	126 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 770 000	3 517 000	0	0
Expenditure	13 146 000	3 064 000	62 000	12 000
Operating Profit	1 624 000	455 000	−62 000	−12 000
Financial Income	0	3 000	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	3 000	0	0
Earnings Before Tax	1 620 000	457 000	−62 000	−12 000
Tax	356 000	84 000	0	0
Net Income	1 263 000	373 000	−62 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	0	0	0
Total Current Assets	6 529 000	1 804 000	126 000	193 000
Total Assets	6 770 000	1 804 000	126 000	193 000
Total Retained Equity	372 000	309 000	−64 000	−2 000
Total Equity	562 000	499 000	126 000	188 000
Total Long-Term Debt	185 000	0	0	0
Total Current Debt	6 023 000	1 306 000	0	5 000
Total Equity and Debt	6 770 000	1 804 000	126 000	193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 770 000	3 517 000	0	0
Other Income	0	0	0	0
Revenue	14 770 000	3 517 000	0	0
Cost of Goods Sold	41 000	112 000	0	0
Salary Costs	12 154 000	2 832 000	0	0
Depreciation	21 000	0	0	0
Impairment	0	0	0	0
Expenditure	13 146 000	3 064 000	62 000	12 000
Operating Profit	1 624 000	455 000	−62 000	−12 000
Financial Income	0	3 000	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	3 000	0	0
Dividends	1 200 000	0	0	0
Net Income	1 263 000	373 000	−62 000	−12 000

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	241 000	0	0	0
Total Tangible Assets	241 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 060 000	411 000	126 000	120 000
Total Current Assets	6 529 000	1 804 000	126 000	193 000
Total Assets	6 770 000	1 804 000	126 000	193 000
Total Equity	562 000	499 000	126 000	188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 000	0	0	0
Creditors	221 000	22 000	0	5 000
Unpaid Taxes	1 941 000	528 000	0	0
Dividends	1 200 000	0	0	0
Other Current Debt	2 314 000	671 000	0	0
Total Current Debt	6 023 000	1 306 000	0	5 000
Total Equity and Debt	6 770 000	1 804 000	126 000	193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,73 %	74,75 %	−49,21 %	−6,38 %
Debt-to-Equity Ratio	0,33	0	0	0
Operating Profit Margin	11 %	12,94 %	-	-
Current Ratio	1,08	1,38	-	38,6
Quick Ratio	1,08	1,38	-	38,6
Equity Ratio	0,08	0,28	1	0,97
Gross Profit Margin	99,72 %	96,82 %	-	-