PROPAGATOR VENTURES AS

0161 OSLO

Finances

Return on Equity

−63,18 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 466 000	7 984 000	3 155 000	3 328 000
Net Income	−846 000	344 000	−350 000	766 000
Total Assets	2 575 000	8 574 000	2 744 000	1 068 000
Total Equity	1 339 000	2 185 000	1 841 000	698 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 466 000	7 984 000	3 155 000	3 328 000
Expenditure	7 275 000	7 600 000	3 505 000	2 551 000
Operating Profit	−809 000	383 000	−350 000	778 000
Financial Income	56 000	68 000	0	0
Financial Costs	92 000	107 000	0	12 000
Financial Balance	−36 000	−39 000	0	−12 000
Earnings Before Tax	−846 000	344 000	−350 000	766 000
Tax	0	0	0	0
Net Income	−846 000	344 000	−350 000	766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	934 000	945 000	818 000	788 000
Total Current Assets	1 641 000	7 629 000	1 926 000	280 000
Total Assets	2 575 000	8 574 000	2 744 000	1 068 000
Total Retained Equity	−1 138 000	−292 000	−636 000	−286 000
Total Equity	1 339 000	2 185 000	1 841 000	698 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 235 000	6 389 000	903 000	369 000
Total Equity and Debt	2 575 000	8 574 000	2 744 000	1 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 950 000	2 500 000	3 155 000	3 328 000
Other Income	4 516 000	5 484 000	0	0
Revenue	6 466 000	7 984 000	3 155 000	3 328 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 070 000	6 623 000	2 333 000	1 867 000
Depreciation	11 000	11 000	4 000	0
Impairment	0	0	0	0
Expenditure	7 275 000	7 600 000	3 505 000	2 551 000
Operating Profit	−809 000	383 000	−350 000	778 000
Financial Income	56 000	68 000	0	0
Financial Costs	92 000	107 000	0	12 000
Financial Balance	−36 000	−39 000	0	−12 000
Dividends	0	0	0	0
Net Income	−846 000	344 000	−350 000	766 000

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	8 000	19 000	30 000	0
Total Tangible Assets	8 000	19 000	30 000	0
Total Fiancial Fixed Assets	926 000	926 000	788 000	788 000
Total Fixed Assets	934 000	945 000	818 000	788 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 622 000	1 668 000	1 866 000	223 000
Total Current Assets	1 641 000	7 629 000	1 926 000	280 000
Total Assets	2 575 000	8 574 000	2 744 000	1 068 000
Total Equity	1 339 000	2 185 000	1 841 000	698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	175 000	332 000	315 000	10 000
Unpaid Taxes	438 000	417 000	243 000	118 000
Dividends	0	0	0	0
Other Current Debt	623 000	5 640 000	346 000	242 000
Total Current Debt	1 235 000	6 389 000	903 000	369 000
Total Equity and Debt	2 575 000	8 574 000	2 744 000	1 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,18 %	15,74 %	−19,01 %	109,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,51 %	4,8 %	−11,09 %	23,38 %
Current Ratio	1,33	1,19	2,13	0,76
Quick Ratio	1,33	1,19	2,13	0,76
Equity Ratio	0,52	0,25	0,67	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %