PROPEL SMARTR AS

0283 OSLO

Finances

Return on Equity

68,96 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 267 000	2 095 000	5 360 000
Net Income	351 000	−127 000	243 000	1 353 000
Total Assets	1 284 000	1 696 000	1 920 000	2 720 000
Total Equity	509 000	578 000	1 305 000	1 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 267 000	2 095 000	5 360 000
Expenditure	1 688 000	1 397 000	1 781 000	3 625 000
Operating Profit	417 000	−129 000	314 000	1 735 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	1 000	0	1 000
Earnings Before Tax	418 000	−129 000	314 000	1 735 000
Tax	67 000	−2 000	71 000	382 000
Net Income	351 000	−127 000	243 000	1 353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	162 000	169 000	0
Total Current Assets	1 266 000	1 533 000	1 751 000	2 720 000
Total Assets	1 284 000	1 696 000	1 920 000	2 720 000
Total Retained Equity	0	69 000	796 000	853 000
Total Equity	509 000	578 000	1 305 000	1 362 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	775 000	1 118 000	613 000	1 358 000
Total Equity and Debt	1 284 000	1 696 000	1 920 000	2 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 106 000	1 213 000	2 046 000	5 360 000
Other Income	0	54 000	50 000	0
Revenue	2 106 000	1 267 000	2 095 000	5 360 000
Cost of Goods Sold	188 000	0	399 000	2 239 000
Salary Costs	1 170 000	1 079 000	1 026 000	1 018 000
Depreciation	7 000	7 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 688 000	1 397 000	1 781 000	3 625 000
Operating Profit	417 000	−129 000	314 000	1 735 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	1 000	1 000	0	1 000
Dividends	420 000	600 000	300 000	500 000
Net Income	351 000	−127 000	243 000	1 353 000

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	18 000	25 000	32 000	0
Total Tangible Assets	18 000	25 000	32 000	0
Total Fiancial Fixed Assets	0	137 000	137 000	0
Total Fixed Assets	18 000	162 000	169 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 002 000	1 246 000	1 521 000	1 650 000
Total Current Assets	1 266 000	1 533 000	1 751 000	2 720 000
Total Assets	1 284 000	1 696 000	1 920 000	2 720 000
Total Equity	509 000	578 000	1 305 000	1 362 000
Short-Term Group Debt	0	300 000	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	16 000	−7 000	2 000	187 000
Unpaid Taxes	144 000	139 000	117 000	171 000
Dividends	420 000	600 000	300 000	500 000
Other Current Debt	127 000	86 000	125 000	117 000
Total Current Debt	775 000	1 118 000	613 000	1 358 000
Total Equity and Debt	1 284 000	1 696 000	1 920 000	2 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,96 %	−21,97 %	18,62 %	99,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,8 %	−10,18 %	14,99 %	32,37 %
Current Ratio	1,63	1,37	2,86	2
Quick Ratio	1,63	1,37	2,86	2
Equity Ratio	0,4	0,34	0,68	0,5
Gross Profit Margin	91,07 %	100 %	80,95 %	58,23 %