PROMOTION SYSTEMS AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

436,63 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 909 000	4 688 000	3 785 000	3 263 000
Net Income	441 000	395 000	−49 000	42 000
Total Assets	1 457 000	1 359 000	827 000	753 000
Total Equity	101 000	490 000	94 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 909 000	4 688 000	3 785 000	3 263 000
Expenditure	4 346 000	4 179 000	3 880 000	3 219 000
Operating Profit	562 000	509 000	−95 000	45 000
Financial Income	6 000	0	34 000	10 000
Financial Costs	3 000	3 000	1 000	1 000
Financial Balance	3 000	−3 000	33 000	9 000
Earnings Before Tax	565 000	507 000	−63 000	55 000
Tax	124 000	111 000	−14 000	12 000
Net Income	441 000	395 000	−49 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	4 000	22 000	16 000
Total Current Assets	1 447 000	1 355 000	805 000	737 000
Total Assets	1 457 000	1 359 000	827 000	753 000
Total Retained Equity	1 000	390 000	−6 000	43 000
Total Equity	101 000	490 000	94 000	143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 356 000	869 000	732 000	610 000
Total Equity and Debt	1 457 000	1 359 000	827 000	753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 909 000	4 688 000	3 785 000	3 263 000
Other Income	0	0	0	0
Revenue	4 909 000	4 688 000	3 785 000	3 263 000
Cost of Goods Sold	827 000	960 000	784 000	617 000
Salary Costs	2 933 000	2 828 000	2 688 000	2 188 000
Depreciation	0	1 000	8 000	17 000
Impairment	0	0	0	0
Expenditure	4 346 000	4 179 000	3 880 000	3 219 000
Operating Profit	562 000	509 000	−95 000	45 000
Financial Income	6 000	0	34 000	10 000
Financial Costs	3 000	3 000	1 000	1 000
Financial Balance	3 000	−3 000	33 000	9 000
Dividends	830 000	0	0	0
Net Income	441 000	395 000	−49 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	4 000	21 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	9 000
Total Tangible Assets	0	0	1 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	4 000	22 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	849 000	609 000	468 000	381 000
Total Current Assets	1 447 000	1 355 000	805 000	737 000
Total Assets	1 457 000	1 359 000	827 000	753 000
Total Equity	101 000	490 000	94 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	87 000	188 000	136 000
Unpaid Taxes	494 000	436 000	301 000	262 000
Dividends	830 000	0	0	0
Other Current Debt	246 000	252 000	243 000	201 000
Total Current Debt	1 356 000	869 000	732 000	610 000
Total Equity and Debt	1 457 000	1 359 000	827 000	753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	436,63 %	80,61 %	−52,13 %	29,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,45 %	10,86 %	−2,51 %	1,38 %
Current Ratio	1,07	1,56	1,1	1,21
Quick Ratio	1,07	1,56	1,1	1,21
Equity Ratio	0,07	0,36	0,11	0,19
Gross Profit Margin	83,15 %	79,52 %	79,29 %	81,09 %