PROFF RØRSERVICE AS

0582 OSLO

Finances

Return on Equity

170,05 %

Current Ratio

0,75

Debt-to-Equity Ratio

7,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 991 000	18 304 000	17 641 000	6 580 000
Net Income	1 323 000	1 557 000	1 592 000	213 000
Total Assets	12 807 000	6 988 000	5 278 000	2 266 000
Total Equity	778 000	3 154 000	1 997 000	665 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 991 000	18 304 000	17 641 000	6 580 000
Expenditure	23 267 000	16 297 000	15 590 000	6 321 000
Operating Profit	1 724 000	2 007 000	2 051 000	285 000
Financial Income	26 000	7 000	1 000	0
Financial Costs	53 000	3 000	8 000	8 000
Financial Balance	−27 000	4 000	−7 000	−8 000
Earnings Before Tax	1 698 000	2 011 000	2 043 000	277 000
Tax	374 000	453 000	451 000	63 000
Net Income	1 323 000	1 557 000	1 592 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 958 000	684 000	325 000	98 000
Total Current Assets	4 849 000	6 304 000	4 952 000	2 168 000
Total Assets	12 807 000	6 988 000	5 278 000	2 266 000
Total Retained Equity	738 000	3 114 000	1 957 000	365 000
Total Equity	778 000	3 154 000	1 997 000	665 000
Total Long-Term Debt	5 541 000	548 000	428 000	2 000
Total Current Debt	6 489 000	3 286 000	2 853 000	1 599 000
Total Equity and Debt	12 807 000	6 988 000	5 278 000	2 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 934 000	18 304 000	17 941 000	6 178 000
Other Income	57 000	0	−300 000	402 000
Revenue	24 991 000	18 304 000	17 641 000	6 580 000
Cost of Goods Sold	11 797 000	7 979 000	9 014 000	2 895 000
Salary Costs	7 516 000	5 593 000	4 753 000	2 523 000
Depreciation	448 000	134 000	52 000	10 000
Impairment	0	0	0	0
Expenditure	23 267 000	16 297 000	15 590 000	6 321 000
Operating Profit	1 724 000	2 007 000	2 051 000	285 000
Financial Income	26 000	7 000	1 000	0
Financial Costs	53 000	3 000	8 000	8 000
Financial Balance	−27 000	4 000	−7 000	−8 000
Dividends	2 900 000	0	0	0
Net Income	1 323 000	1 557 000	1 592 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	20 000	21 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 781 000	640 000	208 000	38 000
Total Tangible Assets	5 781 000	640 000	208 000	38 000
Total Fiancial Fixed Assets	2 140 000	25 000	96 000	60 000
Total Fixed Assets	7 958 000	684 000	325 000	98 000
Stock	146 000	146 000	123 000	44 000
Total Investments	0	0	0	0
Cash, Bank	399 000	1 102 000	1 642 000	409 000
Total Current Assets	4 849 000	6 304 000	4 952 000	2 168 000
Total Assets	12 807 000	6 988 000	5 278 000	2 266 000
Total Equity	778 000	3 154 000	1 997 000	665 000
Short-Term Group Debt	1 000	0	0	0
Total Long-Term Debt	5 541 000	548 000	428 000	2 000
Creditors	1 426 000	1 199 000	925 000	774 000
Unpaid Taxes	1 016 000	1 046 000	975 000	498 000
Dividends	2 900 000	0	0	0
Other Current Debt	754 000	589 000	480 000	264 000
Total Current Debt	6 489 000	3 286 000	2 853 000	1 599 000
Total Equity and Debt	12 807 000	6 988 000	5 278 000	2 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,05 %	49,37 %	79,72 %	32,03 %
Debt-to-Equity Ratio	7,12	0,17	0,21	0
Operating Profit Margin	6,9 %	10,96 %	11,63 %	4,33 %
Current Ratio	0,75	1,92	1,74	1,36
Quick Ratio	0,76	2,01	1,81	1,39
Equity Ratio	0,06	0,45	0,38	0,29
Gross Profit Margin	52,8 %	56,41 %	48,9 %	56 %