PROGIT CONSULTING AS

0181 OSLO

Finances

Return on Equity

44,08 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 756 000	17 379 000	12 870 000	12 764 000
Net Income	2 521 000	2 078 000	1 604 000	2 025 000
Total Assets	15 391 000	11 062 000	9 757 000	8 961 000
Total Equity	5 719 000	5 220 000	4 935 000	6 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 756 000	17 379 000	12 870 000	12 764 000
Expenditure	25 311 000	14 704 000	10 830 000	10 026 000
Operating Profit	3 445 000	2 675 000	2 041 000	2 738 000
Financial Income	0	0	6 000	9 000
Financial Costs	6 000	2 000	7 000	33 000
Financial Balance	−6 000	−2 000	−1 000	−24 000
Earnings Before Tax	3 439 000	2 673 000	2 040 000	2 714 000
Tax	918 000	594 000	436 000	689 000
Net Income	2 521 000	2 078 000	1 604 000	2 025 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 429 000	404 000	220 000	281 000
Total Current Assets	13 962 000	10 659 000	9 537 000	8 681 000
Total Assets	15 391 000	11 062 000	9 757 000	8 961 000
Total Retained Equity	5 659 000	5 160 000	4 875 000	6 260 000
Total Equity	5 719 000	5 220 000	4 935 000	6 320 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 672 000	5 842 000	4 822 000	2 642 000
Total Equity and Debt	15 391 000	11 062 000	9 757 000	8 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 756 000	17 379 000	12 870 000	12 763 000
Other Income	0	0	0	1 000
Revenue	28 756 000	17 379 000	12 870 000	12 764 000
Cost of Goods Sold	301 000	432 000	659 000	102 000
Salary Costs	21 124 000	12 851 000	8 615 000	8 116 000
Depreciation	585 000	123 000	98 000	61 000
Impairment	0	0	0	0
Expenditure	25 311 000	14 704 000	10 830 000	10 026 000
Operating Profit	3 445 000	2 675 000	2 041 000	2 738 000
Financial Income	0	0	6 000	9 000
Financial Costs	6 000	2 000	7 000	33 000
Financial Balance	−6 000	−2 000	−1 000	−24 000
Dividends	2 000 000	1 500 000	1 442 000	0
Net Income	2 521 000	2 078 000	1 604 000	2 025 000

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	898 000	317 000	146 000	207 000
Total Tangible Assets	898 000	317 000	146 000	207 000
Total Fiancial Fixed Assets	531 000	87 000	74 000	74 000
Total Fixed Assets	1 429 000	404 000	220 000	281 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 820 000	2 456 000	1 027 000	2 642 000
Total Current Assets	13 962 000	10 659 000	9 537 000	8 681 000
Total Assets	15 391 000	11 062 000	9 757 000	8 961 000
Total Equity	5 719 000	5 220 000	4 935 000	6 320 000
Short-Term Group Debt	404 000	376 000	1 983 000	0
Total Long-Term Debt	0	0	0	0
Creditors	806 000	374 000	976 000	120 000
Unpaid Taxes	2 800 000	1 770 000	926 000	1 065 000
Dividends	2 000 000	1 500 000	1 442 000	0
Other Current Debt	2 750 000	1 311 000	936 000	759 000
Total Current Debt	9 672 000	5 842 000	4 822 000	2 642 000
Total Equity and Debt	15 391 000	11 062 000	9 757 000	8 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,08 %	39,81 %	32,5 %	32,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,98 %	15,39 %	15,86 %	21,45 %
Current Ratio	1,44	1,82	1,98	3,29
Quick Ratio	1,44	1,82	1,98	3,29
Equity Ratio	0,37	0,47	0,51	0,71
Gross Profit Margin	98,95 %	97,51 %	94,88 %	99,2 %