PROXIMA HYDROTECH AS

5472 SEIMSFOSS

Finances

Share Ownership

Return on Equity

−37,19 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 235 000	13 553 000	9 513 000	7 533 000
Net Income	−1 610 000	−1 192 000	563 000	−107 000
Total Assets	8 716 000	9 695 000	5 866 000	4 563 000
Total Equity	4 329 000	5 939 000	3 131 000	2 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 235 000	13 553 000	9 513 000	7 533 000
Expenditure	21 825 000	14 819 000	8 808 000	7 617 000
Operating Profit	−1 591 000	−1 266 000	706 000	−83 000
Financial Income	8 000	0	3 000	0
Financial Costs	27 000	30 000	30 000	24 000
Financial Balance	−19 000	−30 000	−27 000	−24 000
Earnings Before Tax	−1 610 000	−1 296 000	679 000	−107 000
Tax	0	−103 000	116 000	0
Net Income	−1 610 000	−1 192 000	563 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 611 000	3 227 000	2 035 000	1 877 000
Total Current Assets	7 105 000	6 468 000	3 831 000	2 686 000
Total Assets	8 716 000	9 695 000	5 866 000	4 563 000
Total Retained Equity	−1 671 000	−61 000	1 131 000	568 000
Total Equity	4 329 000	5 939 000	3 131 000	2 568 000
Total Long-Term Debt	209 000	242 000	379 000	0
Total Current Debt	4 177 000	3 514 000	2 356 000	1 995 000
Total Equity and Debt	8 716 000	9 695 000	5 866 000	4 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 231 000	13 553 000	9 513 000	7 533 000
Other Income	4 000	0	0	0
Revenue	20 235 000	13 553 000	9 513 000	7 533 000
Cost of Goods Sold	7 817 000	6 707 000	4 380 000	4 124 000
Salary Costs	7 711 000	4 314 000	2 496 000	2 084 000
Depreciation	829 000	654 000	227 000	196 000
Impairment	1 075 000	0	0	0
Expenditure	21 825 000	14 819 000	8 808 000	7 617 000
Operating Profit	−1 591 000	−1 266 000	706 000	−83 000
Financial Income	8 000	0	3 000	0
Financial Costs	27 000	30 000	30 000	24 000
Financial Balance	−19 000	−30 000	−27 000	−24 000
Dividends	0	0	0	0
Net Income	−1 610 000	−1 192 000	563 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	415 000	1 799 000	1 561 000	1 740 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 196 000	1 428 000	474 000	138 000
Total Tangible Assets	1 196 000	1 428 000	474 000	138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 611 000	3 227 000	2 035 000	1 877 000
Stock	61 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 342 000	325 000	155 000	110 000
Total Current Assets	7 105 000	6 468 000	3 831 000	2 686 000
Total Assets	8 716 000	9 695 000	5 866 000	4 563 000
Total Equity	4 329 000	5 939 000	3 131 000	2 568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	209 000	242 000	379 000	0
Creditors	1 121 000	2 323 000	761 000	1 172 000
Unpaid Taxes	848 000	792 000	893 000	630 000
Dividends	0	0	0	0
Other Current Debt	2 208 000	399 000	235 000	193 000
Total Current Debt	4 177 000	3 514 000	2 356 000	1 995 000
Total Equity and Debt	8 716 000	9 695 000	5 866 000	4 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,19 %	−20,07 %	17,98 %	−4,17 %
Debt-to-Equity Ratio	0,05	0,04	0,12	0
Operating Profit Margin	−7,86 %	−9,34 %	7,42 %	−1,1 %
Current Ratio	1,7	1,84	1,63	1,35
Quick Ratio	1,73	1,84	1,63	1,35
Equity Ratio	0,5	0,61	0,53	0,56
Gross Profit Margin	61,37 %	50,51 %	53,96 %	45,25 %