PRO-QUIP AS

4313 SANDNES

Finances

Return on Equity

85,74 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 474 000	52 936 000	16 093 000	29 781 000
Net Income	28 374 000	12 659 000	985 000	7 122 000
Total Assets	62 411 000	33 894 000	17 061 000	14 712 000
Total Equity	33 093 000	10 720 000	8 061 000	7 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 474 000	52 936 000	16 093 000	29 781 000
Expenditure	56 352 000	38 097 000	14 537 000	20 504 000
Operating Profit	36 121 000	14 839 000	1 557 000	9 277 000
Financial Income	958 000	1 211 000	186 000	300 000
Financial Costs	699 000	203 000	391 000	442 000
Financial Balance	259 000	1 008 000	−205 000	−142 000
Earnings Before Tax	36 380 000	15 847 000	1 352 000	9 136 000
Tax	8 006 000	3 188 000	367 000	2 013 000
Net Income	28 374 000	12 659 000	985 000	7 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	80 000	0	0
Total Current Assets	62 061 000	33 814 000	17 061 000	14 712 000
Total Assets	62 411 000	33 894 000	17 061 000	14 712 000
Total Retained Equity	30 801 000	8 427 000	5 768 000	4 783 000
Total Equity	33 093 000	10 720 000	8 061 000	7 076 000
Total Long-Term Debt	1 000	5 004 000	6 500 000	1 500 000
Total Current Debt	29 316 000	18 171 000	2 500 000	6 136 000
Total Equity and Debt	62 411 000	33 894 000	17 061 000	14 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 474 000	52 936 000	16 082 000	29 781 000
Other Income	0	0	11 000	0
Revenue	92 474 000	52 936 000	16 093 000	29 781 000
Cost of Goods Sold	50 334 000	33 781 000	10 136 000	16 530 000
Salary Costs	5 049 000	3 432 000	2 614 000	2 858 000
Depreciation	30 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	56 352 000	38 097 000	14 537 000	20 504 000
Operating Profit	36 121 000	14 839 000	1 557 000	9 277 000
Financial Income	958 000	1 211 000	186 000	300 000
Financial Costs	699 000	203 000	391 000	442 000
Financial Balance	259 000	1 008 000	−205 000	−142 000
Dividends	6 000 000	10 000 000	0	2 500 000
Net Income	28 374 000	12 659 000	985 000	7 122 000

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	50 000	80 000	0	0
Total Tangible Assets	50 000	80 000	0	0
Total Fiancial Fixed Assets	300 000	0	0	0
Total Fixed Assets	350 000	80 000	0	0
Stock	850 000	5 392 000	1 958 000	1 486 000
Total Investments	115 000	0	150 000	0
Cash, Bank	49 892 000	20 335 000	13 300 000	8 635 000
Total Current Assets	62 061 000	33 814 000	17 061 000	14 712 000
Total Assets	62 411 000	33 894 000	17 061 000	14 712 000
Total Equity	33 093 000	10 720 000	8 061 000	7 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	5 004 000	6 500 000	1 500 000
Creditors	10 120 000	6 676 000	1 322 000	364 000
Unpaid Taxes	1 102 000	903 000	419 000	944 000
Dividends	6 000 000	10 000 000	0	2 500 000
Other Current Debt	4 085 000	7 407 000	392 000	315 000
Total Current Debt	29 316 000	18 171 000	2 500 000	6 136 000
Total Equity and Debt	62 411 000	33 894 000	17 061 000	14 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,74 %	118,09 %	12,22 %	100,65 %
Debt-to-Equity Ratio	0	0,47	0,81	0,21
Operating Profit Margin	39,06 %	28,03 %	9,68 %	31,15 %
Current Ratio	2,12	1,86	6,82	2,4
Quick Ratio	2,18	2,65	31,48	3,16
Equity Ratio	0,53	0,32	0,47	0,48
Gross Profit Margin	45,57 %	36,19 %	37,02 %	44,49 %