PROCHAFE AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

110,28 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 587 000	6 370 000	5 178 000	3 074 000
Net Income	2 006 000	1 141 000	79 000	554 000
Total Assets	5 125 000	3 036 000	2 055 000	1 532 000
Total Equity	1 819 000	656 000	651 000	651 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 587 000	6 370 000	5 178 000	3 074 000
Expenditure	6 021 000	4 895 000	5 069 000	2 467 000
Operating Profit	2 565 000	1 475 000	109 000	628 000
Financial Income	45 000	25 000	23 000	30 000
Financial Costs	148 000	34 000	31 000	32 000
Financial Balance	−103 000	−9 000	−8 000	−2 000
Earnings Before Tax	2 462 000	1 465 000	101 000	626 000
Tax	456 000	324 000	22 000	72 000
Net Income	2 006 000	1 141 000	79 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	123 000	59 000	14 000
Total Current Assets	4 954 000	2 913 000	1 995 000	1 518 000
Total Assets	5 125 000	3 036 000	2 055 000	1 532 000
Total Retained Equity	1 789 000	626 000	621 000	621 000
Total Equity	1 819 000	656 000	651 000	651 000
Total Long-Term Debt	7 000	6 000	73 000	3 000
Total Current Debt	3 299 000	2 373 000	1 331 000	879 000
Total Equity and Debt	5 125 000	3 036 000	2 055 000	1 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 587 000	6 370 000	5 178 000	3 074 000
Other Income	0	0	0	0
Revenue	8 587 000	6 370 000	5 178 000	3 074 000
Cost of Goods Sold	2 939 000	1 549 000	2 592 000	1 013 000
Salary Costs	1 963 000	2 391 000	1 541 000	719 000
Depreciation	33 000	9 000	9 000	5 000
Impairment	0	0	0	0
Expenditure	6 021 000	4 895 000	5 069 000	2 467 000
Operating Profit	2 565 000	1 475 000	109 000	628 000
Financial Income	45 000	25 000	23 000	30 000
Financial Costs	148 000	34 000	31 000	32 000
Financial Balance	−103 000	−9 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	2 006 000	1 141 000	79 000	554 000

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	58 000	52 000	38 000	14 000
Fixtures	67 000	66 000	21 000	0
Total Tangible Assets	125 000	118 000	59 000	14 000
Total Fiancial Fixed Assets	45 000	5 000	0	0
Total Fixed Assets	170 000	123 000	59 000	14 000
Stock	2 049 000	1 668 000	457 000	245 000
Total Investments	0	0	0	0
Cash, Bank	1 966 000	874 000	631 000	451 000
Total Current Assets	4 954 000	2 913 000	1 995 000	1 518 000
Total Assets	5 125 000	3 036 000	2 055 000	1 532 000
Total Equity	1 819 000	656 000	651 000	651 000
Short-Term Group Debt	1 657 000	1 668 000	646 000	626 000
Total Long-Term Debt	7 000	6 000	73 000	3 000
Creditors	946 000	189 000	257 000	2 000
Unpaid Taxes	199 000	207 000	231 000	126 000
Dividends	0	0	0	0
Other Current Debt	278 000	309 000	194 000	125 000
Total Current Debt	3 299 000	2 373 000	1 331 000	879 000
Total Equity and Debt	5 125 000	3 036 000	2 055 000	1 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,28 %	173,93 %	12,14 %	85,1 %
Debt-to-Equity Ratio	0	0,01	0,11	0
Operating Profit Margin	29,87 %	23,16 %	2,11 %	20,43 %
Current Ratio	1,5	1,23	1,5	1,73
Quick Ratio	3,96	4,13	2,28	2,39
Equity Ratio	0,35	0,22	0,32	0,42
Gross Profit Margin	65,77 %	75,68 %	49,94 %	67,05 %