PROGRESS TRADING AS

0265 OSLO

Finances

Return on Equity

17,01 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	4 079 000	5 414 000	380 000	1 716 000
Total Assets	32 801 000	46 063 000	45 725 000	42 830 000
Total Equity	23 976 000	30 619 000	25 205 000	24 825 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	402 000	306 000	470 000	443 000
Operating Profit	−402 000	−307 000	−470 000	−443 000
Financial Income	5 014 000	9 221 000	2 560 000	5 385 000
Financial Costs	533 000	3 500 000	1 710 000	3 226 000
Financial Balance	4 481 000	5 721 000	850 000	2 159 000
Earnings Before Tax	4 079 000	5 414 000	380 000	1 716 000
Tax	0	0	0	0
Net Income	4 079 000	5 414 000	380 000	1 716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 916 000	28 178 000	38 928 000	40 715 000
Total Current Assets	4 885 000	17 885 000	6 797 000	2 115 000
Total Assets	32 801 000	46 063 000	45 725 000	42 830 000
Total Retained Equity	20 946 000	19 589 000	14 175 000	13 795 000
Total Equity	23 976 000	30 619 000	25 205 000	24 825 000
Total Long-Term Debt	5 720 000	978 000	20 488 000	17 957 000
Total Current Debt	3 105 000	14 465 000	32 000	48 000
Total Equity and Debt	32 801 000	46 063 000	45 725 000	42 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	29 000	28 000	29 000
Depreciation	0	0	81 000	81 000
Impairment	0	0	0	0
Expenditure	402 000	306 000	470 000	443 000
Operating Profit	−402 000	−307 000	−470 000	−443 000
Financial Income	5 014 000	9 221 000	2 560 000	5 385 000
Financial Costs	533 000	3 500 000	1 710 000	3 226 000
Financial Balance	4 481 000	5 721 000	850 000	2 159 000
Dividends	2 722 000	0	0	0
Net Income	4 079 000	5 414 000	380 000	1 716 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	41 000	41 000	122 000
Total Tangible Assets	41 000	41 000	41 000	122 000
Total Fiancial Fixed Assets	27 875 000	28 138 000	38 887 000	40 593 000
Total Fixed Assets	27 916 000	28 178 000	38 928 000	40 715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 874 000	17 756 000	5 511 000	2 052 000
Total Current Assets	4 885 000	17 885 000	6 797 000	2 115 000
Total Assets	32 801 000	46 063 000	45 725 000	42 830 000
Total Equity	23 976 000	30 619 000	25 205 000	24 825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 720 000	978 000	20 488 000	17 957 000
Creditors	36 000	31 000	27 000	43 000
Unpaid Taxes	5 000	5 000	5 000	5 000
Dividends	2 722 000	0	0	0
Other Current Debt	3 064 000	14 429 000	0	0
Total Current Debt	3 105 000	14 465 000	32 000	48 000
Total Equity and Debt	32 801 000	46 063 000	45 725 000	42 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,01 %	17,68 %	1,51 %	6,91 %
Debt-to-Equity Ratio	0,24	0,03	0,81	0,72
Operating Profit Margin	-	-	-	-
Current Ratio	1,57	1,24	212,41	44,06
Quick Ratio	1,57	1,24	212,41	44,06
Equity Ratio	0,73	0,66	0,55	0,58
Gross Profit Margin	-	-	-	-