PRODTEX AS

6065 ULSTEINVIK

Finances

Return on Equity

−16,92 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 920 000	14 744 000	25 709 000	12 910 000
Net Income	−904 000	35 000	1 360 000	79 000
Total Assets	12 373 000	12 139 000	10 964 000	6 972 000
Total Equity	5 344 000	6 248 000	6 212 000	4 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 920 000	14 744 000	25 709 000	12 910 000
Expenditure	14 964 000	14 683 000	23 978 000	12 809 000
Operating Profit	−1 044 000	61 000	1 731 000	101 000
Financial Income	65 000	54 000	216 000	11 000
Financial Costs	174 000	67 000	198 000	9 000
Financial Balance	−109 000	−13 000	18 000	2 000
Earnings Before Tax	−1 152 000	47 000	1 749 000	103 000
Tax	−248 000	12 000	389 000	24 000
Net Income	−904 000	35 000	1 360 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 811 000	5 205 000	5 117 000	1 309 000
Total Current Assets	6 562 000	6 934 000	5 847 000	5 663 000
Total Assets	12 373 000	12 139 000	10 964 000	6 972 000
Total Retained Equity	219 000	1 122 000	1 087 000	−273 000
Total Equity	5 344 000	6 248 000	6 212 000	4 852 000
Total Long-Term Debt	1 037 000	1 586 000	119 000	0
Total Current Debt	5 993 000	4 306 000	4 633 000	2 120 000
Total Equity and Debt	12 373 000	12 139 000	10 964 000	6 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 648 000	14 676 000	24 998 000	10 715 000
Other Income	3 272 000	68 000	711 000	2 195 000
Revenue	13 920 000	14 744 000	25 709 000	12 910 000
Cost of Goods Sold	4 343 000	2 645 000	12 762 000	104 000
Salary Costs	8 355 000	7 964 000	8 326 000	10 038 000
Depreciation	370 000	457 000	208 000	140 000
Impairment	0	0	0	0
Expenditure	14 964 000	14 683 000	23 978 000	12 809 000
Operating Profit	−1 044 000	61 000	1 731 000	101 000
Financial Income	65 000	54 000	216 000	11 000
Financial Costs	174 000	67 000	198 000	9 000
Financial Balance	−109 000	−13 000	18 000	2 000
Dividends	0	0	0	0
Net Income	−904 000	35 000	1 360 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	820 000	0	0	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 650 000	1 893 000	1 677 000	0
Fixtures	340 000	309 000	468 000	396 000
Total Tangible Assets	1 990 000	2 203 000	2 145 000	396 000
Total Fiancial Fixed Assets	3 002 000	3 002 000	2 972 000	840 000
Total Fixed Assets	5 811 000	5 205 000	5 117 000	1 309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 049 000	2 181 000	3 127 000	2 259 000
Total Current Assets	6 562 000	6 934 000	5 847 000	5 663 000
Total Assets	12 373 000	12 139 000	10 964 000	6 972 000
Total Equity	5 344 000	6 248 000	6 212 000	4 852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 037 000	1 586 000	119 000	0
Creditors	1 662 000	568 000	559 000	344 000
Unpaid Taxes	1 141 000	1 482 000	1 207 000	894 000
Dividends	0	0	0	0
Other Current Debt	1 689 000	745 000	1 170 000	882 000
Total Current Debt	5 993 000	4 306 000	4 633 000	2 120 000
Total Equity and Debt	12 373 000	12 139 000	10 964 000	6 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,92 %	0,56 %	21,89 %	1,63 %
Debt-to-Equity Ratio	0,19	0,25	0,02	0
Operating Profit Margin	−7,5 %	0,41 %	6,73 %	0,78 %
Current Ratio	1,09	1,61	1,26	2,67
Quick Ratio	1,09	1,61	1,26	2,67
Equity Ratio	0,43	0,51	0,57	0,7
Gross Profit Margin	68,8 %	82,06 %	50,36 %	99,19 %