PROFEEL NORWAY AS

0154 OSLO

Finances

Share Ownership

Return on Equity

20,88 %

Current Ratio

10,7

Debt-to-Equity Ratio

−3,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 000	52 000	144 000	570 000
Net Income	−19 000	−47 000	−83 000	20 000
Total Assets	246 000	324 000	336 000	408 000
Total Equity	−91 000	−18 000	−27 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 000	52 000	144 000	570 000
Expenditure	96 000	108 000	194 000	542 000
Operating Profit	−13 000	−55 000	−49 000	29 000
Financial Income	0	9 000	0	1 000
Financial Costs	5 000	1 000	33 000	5 000
Financial Balance	−5 000	8 000	−33 000	−4 000
Earnings Before Tax	−19 000	−47 000	−82 000	25 000
Tax	0	0	1 000	5 000
Net Income	−19 000	−47 000	−83 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 000	0
Total Current Assets	246 000	324 000	335 000	408 000
Total Assets	246 000	324 000	336 000	408 000
Total Retained Equity	−177 000	−104 000	−57 000	26 000
Total Equity	−91 000	−18 000	−27 000	56 000
Total Long-Term Debt	315 000	330 000	338 000	307 000
Total Current Debt	23 000	13 000	25 000	45 000
Total Equity and Debt	246 000	324 000	336 000	408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 000	52 000	144 000	570 000
Other Income	0	0	0	0
Revenue	83 000	52 000	144 000	570 000
Cost of Goods Sold	50 000	−1 000	95 000	379 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	108 000	194 000	542 000
Operating Profit	−13 000	−55 000	−49 000	29 000
Financial Income	0	9 000	0	1 000
Financial Costs	5 000	1 000	33 000	5 000
Financial Balance	−5 000	8 000	−33 000	−4 000
Dividends	0	0	0	0
Net Income	−19 000	−47 000	−83 000	20 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	2 000	0
Total Fixed Assets	0	0	2 000	0
Stock	93 000	135 000	104 000	116 000
Total Investments	0	0	0	0
Cash, Bank	76 000	170 000	200 000	236 000
Total Current Assets	246 000	324 000	335 000	408 000
Total Assets	246 000	324 000	336 000	408 000
Total Equity	−91 000	−18 000	−27 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	315 000	330 000	338 000	307 000
Creditors	13 000	13 000	16 000	30 000
Unpaid Taxes	9 000	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	0	0	4 000	0
Total Current Debt	23 000	13 000	25 000	45 000
Total Equity and Debt	246 000	324 000	336 000	408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,88 %	261,11 %	307,41 %	35,71 %
Debt-to-Equity Ratio	−3,46	−18,33	−12,52	5,48
Operating Profit Margin	−15,66 %	−105,77 %	−34,03 %	5,09 %
Current Ratio	10,7	24,92	13,4	9,07
Quick Ratio	−3,51	−2,66	−4,24	−5,75
Equity Ratio	−0,37	−0,06	−0,08	0,14
Gross Profit Margin	39,76 %	101,92 %	34,03 %	33,51 %