PROFF HÅNDVERKER GROUP AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

108,52 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 979 000	3 617 000	2 886 000	2 499 000
Net Income	−586 000	222 000	−105 000	−196 000
Total Assets	1 407 000	858 000	559 000	666 000
Total Equity	−540 000	47 000	−175 000	−70 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 979 000	3 617 000	2 886 000	2 499 000
Expenditure	6 562 000	3 392 000	2 987 000	2 691 000
Operating Profit	−583 000	225 000	−101 000	−193 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	3 000
Financial Balance	−3 000	−3 000	−5 000	−3 000
Earnings Before Tax	−586 000	222 000	−105 000	−196 000
Tax	0	0	0	0
Net Income	−586 000	222 000	−105 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	91 000	125 000	159 000
Total Current Assets	1 237 000	767 000	434 000	506 000
Total Assets	1 407 000	858 000	559 000	666 000
Total Retained Equity	−562 000	25 000	−197 000	−92 000
Total Equity	−540 000	47 000	−175 000	−70 000
Total Long-Term Debt	27 000	43 000	58 000	73 000
Total Current Debt	1 920 000	768 000	676 000	664 000
Total Equity and Debt	1 407 000	858 000	559 000	666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 979 000	3 617 000	2 886 000	2 499 000
Other Income	0	0	0	0
Revenue	5 979 000	3 617 000	2 886 000	2 499 000
Cost of Goods Sold	1 203 000	765 000	595 000	245 000
Salary Costs	4 529 000	2 193 000	2 037 000	2 181 000
Depreciation	40 000	36 000	36 000	17 000
Impairment	0	0	0	0
Expenditure	6 562 000	3 392 000	2 987 000	2 691 000
Operating Profit	−583 000	225 000	−101 000	−193 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	3 000
Financial Balance	−3 000	−3 000	−5 000	−3 000
Dividends	0	0	0	0
Net Income	−586 000	222 000	−105 000	−196 000

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	170 000	87 000	123 000	159 000
Total Tangible Assets	170 000	87 000	123 000	159 000
Total Fiancial Fixed Assets	0	4 000	2 000	0
Total Fixed Assets	170 000	91 000	125 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	749 000	475 000	132 000	276 000
Total Current Assets	1 237 000	767 000	434 000	506 000
Total Assets	1 407 000	858 000	559 000	666 000
Total Equity	−540 000	47 000	−175 000	−70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	43 000	58 000	73 000
Creditors	151 000	79 000	103 000	87 000
Unpaid Taxes	791 000	299 000	150 000	254 000
Dividends	0	0	0	0
Other Current Debt	978 000	390 000	423 000	323 000
Total Current Debt	1 920 000	768 000	676 000	664 000
Total Equity and Debt	1 407 000	858 000	559 000	666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,52 %	472,34 %	60 %	280 %
Debt-to-Equity Ratio	−0,05	0,91	−0,33	−1,04
Operating Profit Margin	−9,75 %	6,22 %	−3,5 %	−7,72 %
Current Ratio	0,64	1	0,64	0,76
Quick Ratio	0,64	1	0,64	0,76
Equity Ratio	−0,38	0,05	−0,31	−0,11
Gross Profit Margin	79,88 %	78,85 %	79,38 %	90,2 %