PROSESS-ELEKTRO AS

6885 ÅRDALSTANGEN

Finances

Return on Equity

3,42 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 307 000	8 432 000	13 701 000	15 917 000
Net Income	125 000	−812 000	1 094 000	1 355 000
Total Assets	9 045 000	6 242 000	7 063 000	9 926 000
Total Equity	3 655 000	3 530 000	4 342 000	4 248 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 307 000	8 432 000	13 701 000	15 917 000
Expenditure	17 163 000	9 503 000	12 381 000	14 238 000
Operating Profit	144 000	−1 071 000	1 320 000	1 679 000
Financial Income	33 000	38 000	95 000	62 000
Financial Costs	10 000	1 000	3 000	2 000
Financial Balance	23 000	37 000	92 000	60 000
Earnings Before Tax	168 000	−1 034 000	1 412 000	1 739 000
Tax	43 000	−222 000	318 000	383 000
Net Income	125 000	−812 000	1 094 000	1 355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	267 000	310 000	83 000	86 000
Total Current Assets	8 778 000	5 932 000	6 980 000	9 840 000
Total Assets	9 045 000	6 242 000	7 063 000	9 926 000
Total Retained Equity	3 587 000	3 462 000	4 274 000	4 180 000
Total Equity	3 655 000	3 530 000	4 342 000	4 248 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 390 000	2 712 000	2 720 000	5 678 000
Total Equity and Debt	9 045 000	6 242 000	7 063 000	9 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 307 000	8 257 000	13 701 000	15 917 000
Other Income	0	175 000	0	0
Revenue	17 307 000	8 432 000	13 701 000	15 917 000
Cost of Goods Sold	10 360 000	3 161 000	5 538 000	6 025 000
Salary Costs	6 180 000	5 652 000	6 127 000	7 159 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 163 000	9 503 000	12 381 000	14 238 000
Operating Profit	144 000	−1 071 000	1 320 000	1 679 000
Financial Income	33 000	38 000	95 000	62 000
Financial Costs	10 000	1 000	3 000	2 000
Financial Balance	23 000	37 000	92 000	60 000
Dividends	0	0	0	0
Net Income	125 000	−812 000	1 094 000	1 355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	179 000	222 000	0	3 000
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	88 000	88 000	83 000	83 000
Total Fixed Assets	267 000	310 000	83 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 147 000	2 155 000	3 880 000	3 914 000
Total Current Assets	8 778 000	5 932 000	6 980 000	9 840 000
Total Assets	9 045 000	6 242 000	7 063 000	9 926 000
Total Equity	3 655 000	3 530 000	4 342 000	4 248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 141 000	1 069 000	477 000	1 095 000
Unpaid Taxes	1 366 000	955 000	1 015 000	2 022 000
Dividends	0	0	0	0
Other Current Debt	883 000	687 000	913 000	2 181 000
Total Current Debt	5 390 000	2 712 000	2 720 000	5 678 000
Total Equity and Debt	9 045 000	6 242 000	7 063 000	9 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,42 %	−23 %	25,2 %	31,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,83 %	−12,7 %	9,63 %	10,55 %
Current Ratio	1,63	2,19	2,57	1,73
Quick Ratio	1,63	2,19	2,57	1,73
Equity Ratio	0,4	0,57	0,61	0,43
Gross Profit Margin	40,14 %	62,51 %	59,58 %	62,15 %