PRORACE AS

6800 FØRDE

Finances

Return on Equity

21,84 %

Current Ratio

3,03

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	717 000	781 000	888 000	229 000
Total Assets	5 886 000	5 782 000	4 100 000	3 413 000
Total Equity	3 283 000	2 816 000	2 035 000	786 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	10 000	17 000	13 000	10 000
Operating Profit	−10 000	−17 000	−13 000	−10 000
Financial Income	850 000	900 000	1 000 000	373 000
Financial Costs	120 000	101 000	98 000	134 000
Financial Balance	730 000	799 000	902 000	239 000
Earnings Before Tax	720 000	781 000	888 000	229 000
Tax	3 000	0	0	0
Net Income	717 000	781 000	888 000	229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 825 000	4 825 000	3 000 000	3 000 000
Total Current Assets	1 061 000	957 000	1 100 000	413 000
Total Assets	5 886 000	5 782 000	4 100 000	3 413 000
Total Retained Equity	1 723 000	1 256 000	1 075 000	186 000
Total Equity	3 283 000	2 816 000	2 035 000	786 000
Total Long-Term Debt	2 253 000	2 700 000	1 896 000	2 496 000
Total Current Debt	350 000	266 000	169 000	131 000
Total Equity and Debt	5 886 000	5 782 000	4 100 000	3 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	17 000	13 000	10 000
Operating Profit	−10 000	−17 000	−13 000	−10 000
Financial Income	850 000	900 000	1 000 000	373 000
Financial Costs	120 000	101 000	98 000	134 000
Financial Balance	730 000	799 000	902 000	239 000
Dividends	250 000	600 000	0	0
Net Income	717 000	781 000	888 000	229 000

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	4 825 000	4 825 000	3 000 000	3 000 000
Total Fixed Assets	4 825 000	4 825 000	3 000 000	3 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	44 000	87 000	40 000
Total Current Assets	1 061 000	957 000	1 100 000	413 000
Total Assets	5 886 000	5 782 000	4 100 000	3 413 000
Total Equity	3 283 000	2 816 000	2 035 000	786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 253 000	2 700 000	1 896 000	2 496 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	250 000	600 000	0	0
Other Current Debt	100 000	66 000	169 000	131 000
Total Current Debt	350 000	266 000	169 000	131 000
Total Equity and Debt	5 886 000	5 782 000	4 100 000	3 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,84 %	27,73 %	43,64 %	29,13 %
Debt-to-Equity Ratio	0,69	0,96	0,93	3,18
Operating Profit Margin	-	-	-	-
Current Ratio	3,03	3,6	6,51	3,15
Quick Ratio	3,03	3,6	6,51	3,15
Equity Ratio	0,56	0,49	0,5	0,23
Gross Profit Margin	-	-	-	-