PROFF SOLSKJERMING AS

1358 JAR

Finances

Share Ownership

Return on Equity

−42,99 %

Current Ratio

2,49

Debt-to-Equity Ratio

2,98

Key figures (NOK)	2022	2021	2020
Revenue	3 659 000	3 614 000	1 462 000
Net Income	−138 000	300 000	145 000
Total Assets	1 498 000	1 484 000	467 000
Total Equity	321 000	374 000	75 000

Income (NOK)	2022	2021	2020
Revenue	3 659 000	3 614 000	1 462 000
Expenditure	3 549 000	3 217 000	1 270 000
Operating Profit	111 000	398 000	191 000
Financial Income	0	2 000	0
Financial Costs	40 000	16 000	6 000
Financial Balance	−40 000	−14 000	−6 000
Earnings Before Tax	71 000	384 000	185 000
Tax	209 000	85 000	41 000
Net Income	−138 000	300 000	145 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	946 000	845 000	258 000
Total Current Assets	551 000	639 000	210 000
Total Assets	1 498 000	1 484 000	467 000
Total Retained Equity	291 000	344 000	45 000
Total Equity	321 000	374 000	75 000
Total Long-Term Debt	956 000	828 000	259 000
Total Current Debt	221 000	281 000	134 000
Total Equity and Debt	1 498 000	1 484 000	467 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 567 000	3 557 000	1 462 000
Other Income	92 000	57 000	0
Revenue	3 659 000	3 614 000	1 462 000
Cost of Goods Sold	2 078 000	2 169 000	917 000
Salary Costs	897 000	411 000	0
Depreciation	0	122 000	0
Impairment	0	0	0
Expenditure	3 549 000	3 217 000	1 270 000
Operating Profit	111 000	398 000	191 000
Financial Income	0	2 000	0
Financial Costs	40 000	16 000	6 000
Financial Balance	−40 000	−14 000	−6 000
Dividends	0	0	0
Net Income	−138 000	300 000	145 000

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	845 000	230 000
Fixtures	946 000	0	28 000
Total Tangible Assets	946 000	845 000	258 000
Total Fiancial Fixed Assets	1 000	0	0
Total Fixed Assets	946 000	845 000	258 000
Stock	86 000	0	0
Total Investments	0	0	0
Cash, Bank	256 000	570 000	199 000
Total Current Assets	551 000	639 000	210 000
Total Assets	1 498 000	1 484 000	467 000
Total Equity	321 000	374 000	75 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	956 000	828 000	259 000
Creditors	80 000	110 000	0
Unpaid Taxes	97 000	77 000	0
Dividends	0	0	0
Other Current Debt	77 000	38 000	0
Total Current Debt	221 000	281 000	134 000
Total Equity and Debt	1 498 000	1 484 000	467 000

Financial indicators	2022	2021	2020
Return on Equity	−42,99 %	80,21 %	193,33 %
Debt-to-Equity Ratio	2,98	2,21	3,45
Operating Profit Margin	3,03 %	11,01 %	13,06 %
Current Ratio	2,49	2,27	1,57
Quick Ratio	4,08	2,27	1,57
Equity Ratio	0,21	0,25	0,16
Gross Profit Margin	43,21 %	39,98 %	37,28 %