PROGRESSUM FRI AS

0185 OSLO

Finances

Share Ownership

Return on Equity

62,42 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 644 000	4 123 000	4 161 000	7 000
Net Income	382 000	173 000	49 000	−20 000
Total Assets	2 019 000	1 492 000	1 728 000	487 000
Total Equity	612 000	563 000	390 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 644 000	4 123 000	4 161 000	7 000
Expenditure	4 168 000	3 899 000	4 082 000	27 000
Operating Profit	475 000	224 000	80 000	−20 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	1 000	−1 000	0	0
Earnings Before Tax	476 000	223 000	80 000	−20 000
Tax	94 000	51 000	31 000	0
Net Income	382 000	173 000	49 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	17 000	30 000	0
Total Current Assets	1 815 000	1 474 000	1 698 000	487 000
Total Assets	2 019 000	1 492 000	1 728 000	487 000
Total Retained Equity	−247 000	−297 000	−469 000	−409 000
Total Equity	612 000	563 000	390 000	177 000
Total Long-Term Debt	0	0	272 000	0
Total Current Debt	1 407 000	929 000	1 065 000	310 000
Total Equity and Debt	2 019 000	1 492 000	1 728 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 644 000	3 961 000	3 995 000	6 000
Other Income	0	162 000	167 000	1 000
Revenue	4 644 000	4 123 000	4 161 000	7 000
Cost of Goods Sold	489 000	830 000	161 000	0
Salary Costs	3 059 000	2 284 000	2 731 000	0
Depreciation	13 000	13 000	19 000	0
Impairment	0	0	0	0
Expenditure	4 168 000	3 899 000	4 082 000	27 000
Operating Profit	475 000	224 000	80 000	−20 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	382 000	173 000	49 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 000	17 000	0	0
Total Intangible Assets	4 000	17 000	30 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	204 000	17 000	30 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	721 000	328 000	372 000	1 000
Total Current Assets	1 815 000	1 474 000	1 698 000	487 000
Total Assets	2 019 000	1 492 000	1 728 000	487 000
Total Equity	612 000	563 000	390 000	177 000
Short-Term Group Debt	427 000	140 000	140 000	0
Total Long-Term Debt	0	0	272 000	0
Creditors	202 000	118 000	387 000	310 000
Unpaid Taxes	345 000	301 000	282 000	0
Dividends	0	0	0	0
Other Current Debt	434 000	320 000	257 000	0
Total Current Debt	1 407 000	929 000	1 065 000	310 000
Total Equity and Debt	2 019 000	1 492 000	1 728 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,42 %	30,73 %	12,56 %	−11,3 %
Debt-to-Equity Ratio	0	0	0,7	0
Operating Profit Margin	10,23 %	5,43 %	1,92 %	−285,71 %
Current Ratio	1,29	1,59	1,59	1,57
Quick Ratio	1,29	1,59	1,59	1,57
Equity Ratio	0,3	0,38	0,23	0,36
Gross Profit Margin	89,47 %	79,87 %	96,13 %	100 %