PROFF NORGE AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

9,31 %

Current Ratio

3,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 123 000	19 317 000	24 515 000	22 222 000
Net Income	716 000	1 902 000	3 039 000	2 765 000
Total Assets	10 418 000	12 278 000	14 897 000	11 759 000
Total Equity	7 691 000	7 675 000	7 788 000	6 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 123 000	19 317 000	24 515 000	22 222 000
Expenditure	15 232 000	16 885 000	20 661 000	18 700 000
Operating Profit	892 000	2 431 000	3 855 000	3 521 000
Financial Income	27 000	8 000	41 000	24 000
Financial Costs	0	0	0	1 000
Financial Balance	27 000	8 000	41 000	23 000
Earnings Before Tax	918 000	2 438 000	3 896 000	3 545 000
Tax	202 000	536 000	857 000	780 000
Net Income	716 000	1 902 000	3 039 000	2 765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	249 000	259 000	209 000
Total Current Assets	10 096 000	12 029 000	14 638 000	11 551 000
Total Assets	10 418 000	12 278 000	14 897 000	11 759 000
Total Retained Equity	6 592 000	6 576 000	6 689 000	5 751 000
Total Equity	7 691 000	7 675 000	7 788 000	6 850 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 727 000	4 603 000	7 109 000	4 910 000
Total Equity and Debt	10 418 000	12 278 000	14 897 000	11 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 123 000	19 317 000	24 515 000	22 222 000
Other Income	0	0	0	0
Revenue	16 123 000	19 317 000	24 515 000	22 222 000
Cost of Goods Sold	7 946 000	8 844 000	11 264 000	10 987 000
Salary Costs	4 431 000	4 710 000	5 296 000	4 643 000
Depreciation	30 000	30 000	32 000	22 000
Impairment	0	0	0	0
Expenditure	15 232 000	16 885 000	20 661 000	18 700 000
Operating Profit	892 000	2 431 000	3 855 000	3 521 000
Financial Income	27 000	8 000	41 000	24 000
Financial Costs	0	0	0	1 000
Financial Balance	27 000	8 000	41 000	23 000
Dividends	700 000	1 400 000	2 100 000	1 800 000
Net Income	716 000	1 902 000	3 039 000	2 765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	164 000	173 000	169 000	145 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	59 000	90 000	64 000
Total Tangible Assets	158 000	59 000	90 000	64 000
Total Fiancial Fixed Assets	0	17 000	0	0
Total Fixed Assets	322 000	249 000	259 000	209 000
Stock	6 445 000	5 158 000	6 031 000	5 896 000
Total Investments	0	0	0	0
Cash, Bank	2 619 000	5 277 000	6 202 000	3 294 000
Total Current Assets	10 096 000	12 029 000	14 638 000	11 551 000
Total Assets	10 418 000	12 278 000	14 897 000	11 759 000
Total Equity	7 691 000	7 675 000	7 788 000	6 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	472 000	727 000	2 848 000	808 000
Unpaid Taxes	886 000	803 000	497 000	801 000
Dividends	700 000	1 400 000	2 100 000	1 800 000
Other Current Debt	476 000	517 000	782 000	700 000
Total Current Debt	2 727 000	4 603 000	7 109 000	4 910 000
Total Equity and Debt	10 418 000	12 278 000	14 897 000	11 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,31 %	24,78 %	39,02 %	40,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,53 %	12,58 %	15,73 %	15,84 %
Current Ratio	3,7	2,61	2,06	2,35
Quick Ratio	−2,72	−21,67	13,58	−11,72
Equity Ratio	0,74	0,63	0,52	0,58
Gross Profit Margin	50,72 %	54,22 %	54,05 %	50,56 %