PRACO AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

6,83 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 490 000	1 251 000	1 183 000	636 000
Net Income	33 000	170 000	199 000	8 000
Total Assets	873 000	535 000	567 000	172 000
Total Equity	483 000	450 000	280 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 490 000	1 251 000	1 183 000	636 000
Expenditure	1 415 000	1 186 000	920 000	622 000
Operating Profit	75 000	65 000	264 000	14 000
Financial Income	0	154 000	0	0
Financial Costs	9 000	9 000	12 000	4 000
Financial Balance	−9 000	145 000	−12 000	−4 000
Earnings Before Tax	66 000	210 000	252 000	10 000
Tax	33 000	40 000	53 000	2 000
Net Income	33 000	170 000	199 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	873 000	535 000	567 000	172 000
Total Assets	873 000	535 000	567 000	172 000
Total Retained Equity	79 000	46 000	−124 000	−323 000
Total Equity	483 000	450 000	280 000	81 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	390 000	85 000	287 000	90 000
Total Equity and Debt	873 000	535 000	567 000	172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 340 000	1 251 000	888 000	636 000
Other Income	150 000	0	296 000	0
Revenue	1 490 000	1 251 000	1 183 000	636 000
Cost of Goods Sold	224 000	100 000	380 000	210 000
Salary Costs	24 000	14 000	2 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 415 000	1 186 000	920 000	622 000
Operating Profit	75 000	65 000	264 000	14 000
Financial Income	0	154 000	0	0
Financial Costs	9 000	9 000	12 000	4 000
Financial Balance	−9 000	145 000	−12 000	−4 000
Dividends	0	0	0	0
Net Income	33 000	170 000	199 000	8 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	224 000	0	0
Total Investments	0	0	0	0
Cash, Bank	553 000	271 000	299 000	27 000
Total Current Assets	873 000	535 000	567 000	172 000
Total Assets	873 000	535 000	567 000	172 000
Total Equity	483 000	450 000	280 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−2 000	2 000	135 000	−37 000
Unpaid Taxes	109 000	11 000	65 000	0
Dividends	0	0	0	0
Other Current Debt	265 000	31 000	31 000	31 000
Total Current Debt	390 000	85 000	287 000	90 000
Total Equity and Debt	873 000	535 000	567 000	172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,83 %	37,78 %	71,07 %	9,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,03 %	5,2 %	22,32 %	2,2 %
Current Ratio	2,24	6,29	1,98	1,91
Quick Ratio	2,24	−3,85	1,98	1,91
Equity Ratio	0,55	0,84	0,49	0,47
Gross Profit Margin	84,97 %	92,01 %	67,88 %	66,98 %