PROMET AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

21,85 %

Current Ratio

3,29

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 732 000	58 840 000	70 473 000	81 144 000
Net Income	9 290 000	4 414 000	11 882 000	16 569 000
Total Assets	70 495 000	72 819 000	73 386 000	68 978 000
Total Equity	42 519 000	33 229 000	38 815 000	26 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 732 000	58 840 000	70 473 000	81 144 000
Expenditure	68 911 000	52 493 000	54 273 000	59 244 000
Operating Profit	12 821 000	6 347 000	16 200 000	21 900 000
Financial Income	367 000	147 000	145 000	243 000
Financial Costs	1 217 000	828 000	1 109 000	1 040 000
Financial Balance	−850 000	−681 000	−964 000	−797 000
Earnings Before Tax	11 971 000	5 666 000	15 236 000	21 103 000
Tax	2 681 000	1 251 000	3 354 000	4 534 000
Net Income	9 290 000	4 414 000	11 882 000	16 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 408 000	25 791 000	27 815 000	27 135 000
Total Current Assets	49 087 000	47 027 000	45 571 000	41 843 000
Total Assets	70 495 000	72 819 000	73 386 000	68 978 000
Total Retained Equity	39 434 000	30 144 000	35 730 000	23 848 000
Total Equity	42 519 000	33 229 000	38 815 000	26 933 000
Total Long-Term Debt	13 068 000	18 278 000	21 240 000	23 135 000
Total Current Debt	14 907 000	21 312 000	13 331 000	18 910 000
Total Equity and Debt	70 495 000	72 819 000	73 386 000	68 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 732 000	58 840 000	68 182 000	81 144 000
Other Income	0	0	2 291 000	0
Revenue	81 732 000	58 840 000	70 473 000	81 144 000
Cost of Goods Sold	16 082 000	11 550 000	12 942 000	16 812 000
Salary Costs	31 595 000	24 254 000	24 429 000	26 236 000
Depreciation	4 854 000	4 748 000	4 284 000	3 415 000
Impairment	0	0	0	0
Expenditure	68 911 000	52 493 000	54 273 000	59 244 000
Operating Profit	12 821 000	6 347 000	16 200 000	21 900 000
Financial Income	367 000	147 000	145 000	243 000
Financial Costs	1 217 000	828 000	1 109 000	1 040 000
Financial Balance	−850 000	−681 000	−964 000	−797 000
Dividends	0	10 000 000	0	0
Net Income	9 290 000	4 414 000	11 882 000	16 569 000

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	18 354 000	22 307 000	25 235 000	24 376 000
Fixtures	3 054 000	3 485 000	2 580 000	2 759 000
Total Tangible Assets	21 408 000	25 791 000	27 815 000	27 135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 408 000	25 791 000	27 815 000	27 135 000
Stock	15 941 000	9 402 000	9 555 000	12 051 000
Total Investments	0	0	0	0
Cash, Bank	18 562 000	25 305 000	25 513 000	6 460 000
Total Current Assets	49 087 000	47 027 000	45 571 000	41 843 000
Total Assets	70 495 000	72 819 000	73 386 000	68 978 000
Total Equity	42 519 000	33 229 000	38 815 000	26 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 068 000	18 278 000	21 240 000	23 135 000
Creditors	3 095 000	2 760 000	1 623 000	4 155 000
Unpaid Taxes	3 966 000	3 298 000	2 846 000	4 358 000
Dividends	0	10 000 000	0	0
Other Current Debt	4 936 000	4 105 000	3 975 000	4 365 000
Total Current Debt	14 907 000	21 312 000	13 331 000	18 910 000
Total Equity and Debt	70 495 000	72 819 000	73 386 000	68 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,85 %	13,28 %	30,61 %	61,52 %
Debt-to-Equity Ratio	0,31	0,55	0,55	0,86
Operating Profit Margin	15,69 %	10,79 %	22,99 %	26,99 %
Current Ratio	3,29	2,21	3,42	2,21
Quick Ratio	−47,47	3,95	12,07	6,1
Equity Ratio	0,6	0,46	0,53	0,39
Gross Profit Margin	80,32 %	80,37 %	81,64 %	79,28 %