PRO:NORGE AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

38,67 %

Current Ratio

3,05

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	808 000	573 000	372 000	271 000
Net Income	198 000	228 000	87 000	57 000
Total Assets	971 000	633 000	310 000	272 000
Total Equity	512 000	313 000	85 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	808 000	573 000	372 000	271 000
Expenditure	553 000	280 000	269 000	214 000
Operating Profit	256 000	293 000	103 000	57 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	255 000	293 000	103 000	57 000
Tax	57 000	64 000	16 000	0
Net Income	198 000	228 000	87 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	971 000	633 000	310 000	272 000
Total Assets	971 000	633 000	310 000	272 000
Total Retained Equity	482 000	283 000	55 000	−32 000
Total Equity	512 000	313 000	85 000	−2 000
Total Long-Term Debt	141 000	140 000	140 000	140 000
Total Current Debt	318 000	179 000	85 000	134 000
Total Equity and Debt	971 000	633 000	310 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	490 000	491 000	133 000	271 000
Other Income	318 000	82 000	239 000	0
Revenue	808 000	573 000	372 000	271 000
Cost of Goods Sold	24 000	15 000	80 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	553 000	280 000	269 000	214 000
Operating Profit	256 000	293 000	103 000	57 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	198 000	228 000	87 000	57 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	104 000	26 000	47 000
Total Current Assets	971 000	633 000	310 000	272 000
Total Assets	971 000	633 000	310 000	272 000
Total Equity	512 000	313 000	85 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 000	140 000	140 000	140 000
Creditors	226 000	85 000	70 000	120 000
Unpaid Taxes	0	0	0	14 000
Dividends	0	0	0	0
Other Current Debt	36 000	30 000	0	0
Total Current Debt	318 000	179 000	85 000	134 000
Total Equity and Debt	971 000	633 000	310 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,67 %	72,84 %	102,35 %	−2 850 %
Debt-to-Equity Ratio	0,28	0,45	1,65	−70
Operating Profit Margin	31,68 %	51,13 %	27,69 %	21,03 %
Current Ratio	3,05	3,54	3,65	2,03
Quick Ratio	3,05	3,54	3,65	2,03
Equity Ratio	0,53	0,49	0,27	−0,01
Gross Profit Margin	97,03 %	97,38 %	78,49 %	100 %