PROPELLEN AS

9409 HARSTAD

Finances

Return on Equity

2,92 %

Current Ratio

94,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	166 000	274 000	−12 000
Total Assets	5 701 000	4 543 000	4 256 000
Total Equity	5 684 000	4 019 000	3 744 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	29 000	9 000	0
Operating Profit	−29 000	−9 000	0
Financial Income	204 000	296 000	0
Financial Costs	8 000	13 000	12 000
Financial Balance	196 000	283 000	−12 000
Earnings Before Tax	166 000	274 000	−12 000
Tax	0	0	0
Net Income	166 000	274 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 093 000	4 086 000	4 086 000
Total Current Assets	1 608 000	457 000	171 000
Total Assets	5 701 000	4 543 000	4 256 000
Total Retained Equity	440 000	274 000	0
Total Equity	5 684 000	4 019 000	3 744 000
Total Long-Term Debt	0	525 000	512 000
Total Current Debt	17 000	0	0
Total Equity and Debt	5 701 000	4 543 000	4 256 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	5 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	29 000	9 000	0
Operating Profit	−29 000	−9 000	0
Financial Income	204 000	296 000	0
Financial Costs	8 000	13 000	12 000
Financial Balance	196 000	283 000	−12 000
Dividends	0	0	0
Net Income	166 000	274 000	−12 000

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	4 093 000	4 086 000	4 086 000
Total Fixed Assets	4 093 000	4 086 000	4 086 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 608 000	457 000	171 000
Total Current Assets	1 608 000	457 000	171 000
Total Assets	5 701 000	4 543 000	4 256 000
Total Equity	5 684 000	4 019 000	3 744 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	525 000	512 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	17 000	0	0
Total Current Debt	17 000	0	0
Total Equity and Debt	5 701 000	4 543 000	4 256 000

Financial indicators	2022	2021	2020
Return on Equity	2,92 %	6,82 %	−0,32 %
Debt-to-Equity Ratio	0	0,13	0,14
Operating Profit Margin	-	-	-
Current Ratio	94,59	-	-
Quick Ratio	94,59	-	-
Equity Ratio	1	0,88	0,88
Gross Profit Margin	-	-	-