PROFAX AS

3232 SANDEFJORD

Finances

Return on Equity

15,98 %

Current Ratio

0,84

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 860 000	5 707 000	9 033 000	7 829 000
Net Income	293 000	361 000	858 000	58 000
Total Assets	5 266 000	20 013 000	20 821 000	16 621 000
Total Equity	1 833 000	9 090 000	9 079 000	8 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 860 000	5 707 000	9 033 000	7 829 000
Expenditure	3 268 000	5 059 000	7 627 000	7 578 000
Operating Profit	591 000	649 000	1 405 000	251 000
Financial Income	99 000	336 000	7 000	51 000
Financial Costs	324 000	526 000	287 000	229 000
Financial Balance	−225 000	−190 000	−280 000	−178 000
Earnings Before Tax	366 000	458 000	1 126 000	73 000
Tax	73 000	97 000	268 000	15 000
Net Income	293 000	361 000	858 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 826 000	18 534 000	14 778 000	6 583 000
Total Current Assets	440 000	1 479 000	6 042 000	10 038 000
Total Assets	5 266 000	20 013 000	20 821 000	16 621 000
Total Retained Equity	933 000	8 190 000	8 179 000	7 572 000
Total Equity	1 833 000	9 090 000	9 079 000	8 472 000
Total Long-Term Debt	2 906 000	9 920 000	3 251 000	220 000
Total Current Debt	526 000	1 003 000	8 490 000	7 930 000
Total Equity and Debt	5 266 000	20 013 000	20 821 000	16 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 218 000	5 086 000	8 550 000	7 769 000
Other Income	642 000	622 000	483 000	60 000
Revenue	3 860 000	5 707 000	9 033 000	7 829 000
Cost of Goods Sold	2 397 000	3 727 000	5 906 000	6 196 000
Salary Costs	244 000	737 000	1 068 000	755 000
Depreciation	32 000	6 000	60 000	69 000
Impairment	0	0	0	0
Expenditure	3 268 000	5 059 000	7 627 000	7 578 000
Operating Profit	591 000	649 000	1 405 000	251 000
Financial Income	99 000	336 000	7 000	51 000
Financial Costs	324 000	526 000	287 000	229 000
Financial Balance	−225 000	−190 000	−280 000	−178 000
Dividends	7 550 000	0	0	0
Net Income	293 000	361 000	858 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 000	0
Real Eastate	3 958 000	17 384 000	13 426 000	4 623 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	132 000	40 000	383 000
Total Tangible Assets	3 958 000	17 516 000	13 466 000	5 006 000
Total Fiancial Fixed Assets	868 000	1 018 000	1 298 000	1 578 000
Total Fixed Assets	4 826 000	18 534 000	14 778 000	6 583 000
Stock	0	60 000	20 000	8 853 000
Total Investments	0	277 000	419 000	0
Cash, Bank	395 000	818 000	693 000	23 000
Total Current Assets	440 000	1 479 000	6 042 000	10 038 000
Total Assets	5 266 000	20 013 000	20 821 000	16 621 000
Total Equity	1 833 000	9 090 000	9 079 000	8 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 906 000	9 920 000	3 251 000	220 000
Creditors	174 000	571 000	671 000	345 000
Unpaid Taxes	104 000	157 000	219 000	19 000
Dividends	7 550 000	0	0	0
Other Current Debt	172 000	202 000	211 000	150 000
Total Current Debt	526 000	1 003 000	8 490 000	7 930 000
Total Equity and Debt	5 266 000	20 013 000	20 821 000	16 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,98 %	3,97 %	9,45 %	0,68 %
Debt-to-Equity Ratio	1,59	1,09	0,36	0,03
Operating Profit Margin	15,31 %	11,37 %	15,55 %	3,21 %
Current Ratio	0,84	1,47	0,71	1,27
Quick Ratio	0,84	1,57	0,71	−10,88
Equity Ratio	0,35	0,45	0,44	0,51
Gross Profit Margin	37,9 %	34,69 %	34,62 %	20,86 %