PROFF EL&IT AS

7320 FANNREM

Finances

Return on Equity

10,57 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 080 000	41 431 000	30 626 000	21 177 000
Net Income	704 000	1 880 000	1 112 000	1 620 000
Total Assets	14 929 000	15 353 000	11 362 000	9 105 000
Total Equity	6 659 000	5 955 000	5 575 000	4 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 080 000	41 431 000	30 626 000	21 177 000
Expenditure	44 296 000	38 920 000	29 158 000	19 002 000
Operating Profit	783 000	2 511 000	1 469 000	2 174 000
Financial Income	14 000	7 000	17 000	−1 000
Financial Costs	53 000	24 000	32 000	22 000
Financial Balance	−39 000	−17 000	−15 000	−23 000
Earnings Before Tax	745 000	2 493 000	1 454 000	2 151 000
Tax	41 000	613 000	342 000	531 000
Net Income	704 000	1 880 000	1 112 000	1 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	324 000	520 000	588 000
Total Current Assets	14 620 000	15 029 000	10 842 000	8 517 000
Total Assets	14 929 000	15 353 000	11 362 000	9 105 000
Total Retained Equity	6 259 000	5 555 000	5 175 000	4 063 000
Total Equity	6 659 000	5 955 000	5 575 000	4 463 000
Total Long-Term Debt	152 000	268 000	369 000	477 000
Total Current Debt	8 118 000	9 130 000	5 418 000	4 165 000
Total Equity and Debt	14 929 000	15 353 000	11 362 000	9 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 017 000	41 427 000	30 094 000	20 000 000
Other Income	63 000	4 000	532 000	1 176 000
Revenue	45 080 000	41 431 000	30 626 000	21 177 000
Cost of Goods Sold	15 932 000	14 626 000	10 090 000	7 419 000
Salary Costs	22 762 000	19 620 000	15 010 000	8 931 000
Depreciation	96 000	86 000	39 000	19 000
Impairment	0	0	0	0
Expenditure	44 296 000	38 920 000	29 158 000	19 002 000
Operating Profit	783 000	2 511 000	1 469 000	2 174 000
Financial Income	14 000	7 000	17 000	−1 000
Financial Costs	53 000	24 000	32 000	22 000
Financial Balance	−39 000	−17 000	−15 000	−23 000
Dividends	0	1 500 000	0	0
Net Income	704 000	1 880 000	1 112 000	1 620 000

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	271 000	283 000	156 000	195 000
Total Tangible Assets	271 000	283 000	156 000	195 000
Total Fiancial Fixed Assets	38 000	41 000	364 000	393 000
Total Fixed Assets	309 000	324 000	520 000	588 000
Stock	2 089 000	1 720 000	1 211 000	570 000
Total Investments	0	0	0	0
Cash, Bank	2 842 000	1 690 000	2 581 000	3 179 000
Total Current Assets	14 620 000	15 029 000	10 842 000	8 517 000
Total Assets	14 929 000	15 353 000	11 362 000	9 105 000
Total Equity	6 659 000	5 955 000	5 575 000	4 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	268 000	369 000	477 000
Creditors	2 947 000	1 689 000	1 062 000	1 133 000
Unpaid Taxes	2 851 000	2 875 000	2 532 000	1 452 000
Dividends	0	1 500 000	0	0
Other Current Debt	2 278 000	2 454 000	1 482 000	1 045 000
Total Current Debt	8 118 000	9 130 000	5 418 000	4 165 000
Total Equity and Debt	14 929 000	15 353 000	11 362 000	9 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,57 %	31,57 %	19,95 %	36,3 %
Debt-to-Equity Ratio	0,02	0,05	0,07	0,11
Operating Profit Margin	1,74 %	6,06 %	4,8 %	10,27 %
Current Ratio	1,8	1,65	2	2,04
Quick Ratio	2,42	2,03	2,58	2,37
Equity Ratio	0,45	0,39	0,49	0,49
Gross Profit Margin	64,66 %	64,7 %	67,05 %	64,97 %