PROSENCE AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

−5,07 %

Current Ratio

3,12

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	300 000	53 000	90 000
Net Income	−115 000	−201 000	−95 000	−11 000
Total Assets	3 403 000	2 333 000	1 453 000	131 000
Total Equity	2 269 000	1 384 000	485 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	300 000	53 000	90 000
Expenditure	119 000	497 000	148 000	100 000
Operating Profit	−70 000	−197 000	−96 000	−11 000
Financial Income	3 000	1 000	0	0
Financial Costs	48 000	5 000	0	0
Financial Balance	−45 000	−4 000	0	0
Earnings Before Tax	−115 000	−201 000	−95 000	−11 000
Tax	0	0	0	0
Net Income	−115 000	−201 000	−95 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 675 000	1 921 000	645 000	100 000
Total Current Assets	727 000	412 000	808 000	31 000
Total Assets	3 403 000	2 333 000	1 453 000	131 000
Total Retained Equity	−421 000	−307 000	−106 000	−11 000
Total Equity	2 269 000	1 384 000	485 000	80 000
Total Long-Term Debt	900 000	900 000	0	0
Total Current Debt	233 000	49 000	968 000	51 000
Total Equity and Debt	3 403 000	2 333 000	1 453 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	0	53 000	0
Other Income	0	300 000	0	90 000
Revenue	48 000	300 000	53 000	90 000
Cost of Goods Sold	42 000	0	0	39 000
Salary Costs	0	41 000	1 000	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	119 000	497 000	148 000	100 000
Operating Profit	−70 000	−197 000	−96 000	−11 000
Financial Income	3 000	1 000	0	0
Financial Costs	48 000	5 000	0	0
Financial Balance	−45 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	−115 000	−201 000	−95 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 675 000	1 921 000	645 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 675 000	1 921 000	645 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	368 000	157 000	28 000
Total Current Assets	727 000	412 000	808 000	31 000
Total Assets	3 403 000	2 333 000	1 453 000	131 000
Total Equity	2 269 000	1 384 000	485 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	900 000	900 000	0	0
Creditors	67 000	44 000	618 000	44 000
Unpaid Taxes	45 000	25 000	37 000	0
Dividends	0	0	0	0
Other Current Debt	121 000	335 000	313 000	7 000
Total Current Debt	233 000	49 000	968 000	51 000
Total Equity and Debt	3 403 000	2 333 000	1 453 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,07 %	−14,52 %	−19,59 %	−13,75 %
Debt-to-Equity Ratio	0,4	0,65	0	0
Operating Profit Margin	−145,83 %	−65,67 %	−181,13 %	−12,22 %
Current Ratio	3,12	8,41	0,83	0,61
Quick Ratio	3,12	8,41	0,83	0,61
Equity Ratio	0,67	0,59	0,33	0,61
Gross Profit Margin	12,5 %	100 %	100 %	56,67 %