PROFFSPORT AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

397,5 %

Current Ratio

1,38

Debt-to-Equity Ratio

8,1

Key figures (NOK)	2022	2021	2020
Revenue	3 192 000	1 895 000	1 403 000
Net Income	159 000	9 000	28 000
Total Assets	1 334 000	656 000	652 000
Total Equity	40 000	83 000	77 000

Income (NOK)	2022	2021	2020
Revenue	3 192 000	1 895 000	1 403 000
Expenditure	2 985 000	1 878 000	1 373 000
Operating Profit	207 000	17 000	30 000
Financial Income	1 000	0	1 000
Financial Costs	1 000	1 000	1 000
Financial Balance	0	−1 000	0
Earnings Before Tax	206 000	17 000	29 000
Tax	47 000	7 000	1 000
Net Income	159 000	9 000	28 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 334 000	656 000	652 000
Total Assets	1 334 000	656 000	652 000
Total Retained Equity	11 000	54 000	48 000
Total Equity	40 000	83 000	77 000
Total Long-Term Debt	324 000	325 000	324 000
Total Current Debt	970 000	248 000	251 000
Total Equity and Debt	1 334 000	656 000	652 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 086 000	1 857 000	1 337 000
Other Income	106 000	39 000	65 000
Revenue	3 192 000	1 895 000	1 403 000
Cost of Goods Sold	1 876 000	1 155 000	883 000
Salary Costs	848 000	504 000	333 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 985 000	1 878 000	1 373 000
Operating Profit	207 000	17 000	30 000
Financial Income	1 000	0	1 000
Financial Costs	1 000	1 000	1 000
Financial Balance	0	−1 000	0
Dividends	200 000	0	0
Net Income	159 000	9 000	28 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	254 000	404 000	299 000
Total Investments	0	0	0
Cash, Bank	536 000	196 000	315 000
Total Current Assets	1 334 000	656 000	652 000
Total Assets	1 334 000	656 000	652 000
Total Equity	40 000	83 000	77 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	324 000	325 000	324 000
Creditors	124 000	79 000	70 000
Unpaid Taxes	241 000	119 000	143 000
Dividends	200 000	0	0
Other Current Debt	358 000	47 000	31 000
Total Current Debt	970 000	248 000	251 000
Total Equity and Debt	1 334 000	656 000	652 000

Financial indicators	2022	2021	2020
Return on Equity	397,5 %	10,84 %	36,36 %
Debt-to-Equity Ratio	8,1	3,92	4,21
Operating Profit Margin	6,48 %	0,9 %	2,14 %
Current Ratio	1,38	2,65	2,6
Quick Ratio	1,86	−4,21	−13,58
Equity Ratio	0,03	0,13	0,12
Gross Profit Margin	41,23 %	39,05 %	37,06 %