PROMACON AS

7052 TRONDHEIM

Finances

Share Ownership

Return on Equity

−3 257,5 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 421 000	30 028 000	27 736 000	14 555 000
Net Income	−1 303 000	148 000	843 000	458 000
Total Assets	4 874 000	4 097 000	5 251 000	3 039 000
Total Equity	40 000	1 343 000	1 195 000	351 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 421 000	30 028 000	27 736 000	14 555 000
Expenditure	21 654 000	29 698 000	26 643 000	14 008 000
Operating Profit	−1 234 000	330 000	1 093 000	547 000
Financial Income	47 000	34 000	43 000	25 000
Financial Costs	208 000	169 000	246 000	115 000
Financial Balance	−161 000	−135 000	−203 000	−90 000
Earnings Before Tax	−1 396 000	195 000	889 000	458 000
Tax	−93 000	47 000	46 000	0
Net Income	−1 303 000	148 000	843 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	545 000	810 000	656 000	353 000
Total Current Assets	4 329 000	3 286 000	4 596 000	2 686 000
Total Assets	4 874 000	4 097 000	5 251 000	3 039 000
Total Retained Equity	−60 000	1 243 000	1 095 000	251 000
Total Equity	40 000	1 343 000	1 195 000	351 000
Total Long-Term Debt	0	318 000	342 000	39 000
Total Current Debt	4 834 000	2 436 000	3 714 000	2 649 000
Total Equity and Debt	4 874 000	4 097 000	5 251 000	3 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 359 000	28 902 000	27 736 000	14 555 000
Other Income	62 000	1 126 000	0	0
Revenue	20 421 000	30 028 000	27 736 000	14 555 000
Cost of Goods Sold	8 952 000	16 583 000	15 404 000	4 194 000
Salary Costs	8 371 000	9 179 000	7 202 000	6 617 000
Depreciation	133 000	126 000	71 000	44 000
Impairment	0	0	0	0
Expenditure	21 654 000	29 698 000	26 643 000	14 008 000
Operating Profit	−1 234 000	330 000	1 093 000	547 000
Financial Income	47 000	34 000	43 000	25 000
Financial Costs	208 000	169 000	246 000	115 000
Financial Balance	−161 000	−135 000	−203 000	−90 000
Dividends	0	0	0	0
Net Income	−1 303 000	148 000	843 000	458 000

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	208 000	350 000	378 000	79 000
Fixtures	14 000	29 000	59 000	91 000
Total Tangible Assets	222 000	379 000	437 000	171 000
Total Fiancial Fixed Assets	323 000	432 000	219 000	182 000
Total Fixed Assets	545 000	810 000	656 000	353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	1 041 000	1 625 000	74 000
Total Current Assets	4 329 000	3 286 000	4 596 000	2 686 000
Total Assets	4 874 000	4 097 000	5 251 000	3 039 000
Total Equity	40 000	1 343 000	1 195 000	351 000
Short-Term Group Debt	682 000	0	0	0
Total Long-Term Debt	0	318 000	342 000	39 000
Creditors	479 000	960 000	2 204 000	462 000
Unpaid Taxes	780 000	514 000	605 000	591 000
Dividends	0	0	0	0
Other Current Debt	2 324 000	962 000	905 000	788 000
Total Current Debt	4 834 000	2 436 000	3 714 000	2 649 000
Total Equity and Debt	4 874 000	4 097 000	5 251 000	3 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3 257,5 %	11,02 %	70,54 %	130,48 %
Debt-to-Equity Ratio	0	0,24	0,29	0,11
Operating Profit Margin	−6,04 %	1,1 %	3,94 %	3,76 %
Current Ratio	0,9	1,35	1,24	1,01
Quick Ratio	0,9	1,35	1,24	1,01
Equity Ratio	0,01	0,33	0,23	0,12
Gross Profit Margin	56,16 %	44,77 %	44,46 %	71,19 %