PROGRESSO AS

3030 DRAMMEN

Finances

Return on Equity

−6,96 %

Current Ratio

9,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	813 000	398 000	394 000	144 000
Net Income	−756 000	11 764 000	1 462 000	2 812 000
Total Assets	11 299 000	12 390 000	3 938 000	3 520 000
Total Equity	10 866 000	12 021 000	3 757 000	3 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	813 000	398 000	394 000	144 000
Expenditure	1 146 000	345 000	41 000	21 000
Operating Profit	−333 000	53 000	353 000	124 000
Financial Income	840 000	12 568 000	1 518 000	2 854 000
Financial Costs	1 263 000	786 000	324 000	140 000
Financial Balance	−423 000	11 782 000	1 194 000	2 714 000
Earnings Before Tax	−756 000	11 836 000	1 546 000	2 838 000
Tax	0	72 000	84 000	25 000
Net Income	−756 000	11 764 000	1 462 000	2 812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 051 000	8 005 000	477 000	456 000
Total Current Assets	4 247 000	4 385 000	3 461 000	3 064 000
Total Assets	11 299 000	12 390 000	3 938 000	3 520 000
Total Retained Equity	10 766 000	11 921 000	3 657 000	3 395 000
Total Equity	10 866 000	12 021 000	3 757 000	3 495 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	433 000	368 000	181 000	25 000
Total Equity and Debt	11 299 000	12 390 000	3 938 000	3 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	813 000	398 000	394 000	26 000
Other Income	0	0	0	118 000
Revenue	813 000	398 000	394 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 006 000	269 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 146 000	345 000	41 000	21 000
Operating Profit	−333 000	53 000	353 000	124 000
Financial Income	840 000	12 568 000	1 518 000	2 854 000
Financial Costs	1 263 000	786 000	324 000	140 000
Financial Balance	−423 000	11 782 000	1 194 000	2 714 000
Dividends	0	0	0	0
Net Income	−756 000	11 764 000	1 462 000	2 812 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	974 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	974 000	0	0	0
Total Fiancial Fixed Assets	6 077 000	8 005 000	477 000	456 000
Total Fixed Assets	7 051 000	8 005 000	477 000	456 000
Stock	0	0	0	0
Total Investments	3 372 000	2 140 000	770 000	1 430 000
Cash, Bank	464 000	1 849 000	1 482 000	555 000
Total Current Assets	4 247 000	4 385 000	3 461 000	3 064 000
Total Assets	11 299 000	12 390 000	3 938 000	3 520 000
Total Equity	10 866 000	12 021 000	3 757 000	3 495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	287 000	182 000	97 000	0
Dividends	0	0	0	0
Other Current Debt	146 000	114 000	0	0
Total Current Debt	433 000	368 000	181 000	25 000
Total Equity and Debt	11 299 000	12 390 000	3 938 000	3 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,96 %	97,86 %	38,91 %	80,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40,96 %	13,32 %	89,59 %	86,11 %
Current Ratio	9,81	11,92	19,12	122,56
Quick Ratio	9,81	11,92	19,12	122,56
Equity Ratio	0,96	0,97	0,95	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %