PROMO ENTREPRENØR AS

0380 OSLO

Finances

Share Ownership

Return on Equity

54,46 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 897 000	2 556 000	226 000	5 000
Net Income	55 000	48 000	30 000	−7 000
Total Assets	1 000 000	574 000	122 000	4 000
Total Equity	101 000	46 000	−3 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 897 000	2 556 000	226 000	5 000
Expenditure	5 974 000	2 496 000	195 000	12 000
Operating Profit	70 000	59 000	30 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	1 000	−5 000	0	0
Earnings Before Tax	71 000	55 000	30 000	−7 000
Tax	16 000	6 000	0	0
Net Income	55 000	48 000	30 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	192 000	1 000	0
Total Current Assets	776 000	382 000	121 000	4 000
Total Assets	1 000 000	574 000	122 000	4 000
Total Retained Equity	77 000	21 000	−27 000	−52 000
Total Equity	101 000	46 000	−3 000	−4 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	899 000	527 000	125 000	8 000
Total Equity and Debt	1 000 000	574 000	122 000	4 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 897 000	2 540 000	226 000	5 000
Other Income	0	16 000	0	0
Revenue	5 897 000	2 556 000	226 000	5 000
Cost of Goods Sold	3 086 000	1 358 000	148 000	0
Salary Costs	2 070 000	592 000	0	0
Depreciation	24 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	5 974 000	2 496 000	195 000	12 000
Operating Profit	70 000	59 000	30 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	1 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	55 000	48 000	30 000	−7 000

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	51 000	36 000	0	0
Total Tangible Assets	51 000	36 000	0	0
Total Fiancial Fixed Assets	174 000	156 000	1 000	0
Total Fixed Assets	225 000	192 000	1 000	0
Stock	148 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	370 000	71 000	4 000
Total Current Assets	776 000	382 000	121 000	4 000
Total Assets	1 000 000	574 000	122 000	4 000
Total Equity	101 000	46 000	−3 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	67 000	81 000	50 000	0
Unpaid Taxes	285 000	51 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	531 000	390 000	68 000	8 000
Total Current Debt	899 000	527 000	125 000	8 000
Total Equity and Debt	1 000 000	574 000	122 000	4 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,46 %	104,35 %	−1 000 %	175 %
Debt-to-Equity Ratio	0,01	0,02	−0	−0
Operating Profit Margin	1,19 %	2,31 %	13,27 %	−140 %
Current Ratio	0,86	0,72	0,97	0,5
Quick Ratio	1,03	0,72	0,97	0,5
Equity Ratio	0,1	0,08	−0,02	−1
Gross Profit Margin	47,67 %	46,87 %	34,51 %	100 %