PROGRESS CONSULT AS

7374 RØROS

Finances

Return on Equity

63,67 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 000	48 000	48 000	0
Net Income	3 037 000	2 172 000	1 578 000	1 591 000
Total Assets	8 589 000	7 003 000	6 667 000	6 620 000
Total Equity	4 770 000	4 383 000	4 111 000	4 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 000	48 000	48 000	0
Expenditure	54 000	36 000	99 000	175 000
Operating Profit	−8 000	12 000	−52 000	−175 000
Financial Income	3 045 000	2 191 000	1 660 000	1 810 000
Financial Costs	0	30 000	30 000	44 000
Financial Balance	3 045 000	2 161 000	1 630 000	1 766 000
Earnings Before Tax	3 037 000	2 172 000	1 578 000	1 591 000
Tax	0	0	0	0
Net Income	3 037 000	2 172 000	1 578 000	1 591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 561 000	4 737 000	4 745 000	4 755 000
Total Current Assets	3 028 000	2 266 000	1 922 000	1 865 000
Total Assets	8 589 000	7 003 000	6 667 000	6 620 000
Total Retained Equity	4 645 000	4 258 000	3 986 000	4 058 000
Total Equity	4 770 000	4 383 000	4 111 000	4 183 000
Total Long-Term Debt	869 000	869 000	869 000	869 000
Total Current Debt	2 950 000	1 751 000	1 687 000	1 567 000
Total Equity and Debt	8 589 000	7 003 000	6 667 000	6 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 000	48 000	48 000	0
Other Income	0	0	0	0
Revenue	46 000	48 000	48 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	54 000	36 000	99 000	175 000
Operating Profit	−8 000	12 000	−52 000	−175 000
Financial Income	3 045 000	2 191 000	1 660 000	1 810 000
Financial Costs	0	30 000	30 000	44 000
Financial Balance	3 045 000	2 161 000	1 630 000	1 766 000
Dividends	2 650 000	1 700 000	1 650 000	1 520 000
Net Income	3 037 000	2 172 000	1 578 000	1 591 000

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	8 000	18 000
Total Tangible Assets	0	0	8 000	18 000
Total Fiancial Fixed Assets	5 561 000	4 737 000	4 737 000	4 737 000
Total Fixed Assets	5 561 000	4 737 000	4 745 000	4 755 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	65 000	253 000	412 000
Total Current Assets	3 028 000	2 266 000	1 922 000	1 865 000
Total Assets	8 589 000	7 003 000	6 667 000	6 620 000
Total Equity	4 770 000	4 383 000	4 111 000	4 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	869 000	869 000	869 000	869 000
Creditors	0	12 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 650 000	1 700 000	1 650 000	1 520 000
Other Current Debt	300 000	38 000	37 000	47 000
Total Current Debt	2 950 000	1 751 000	1 687 000	1 567 000
Total Equity and Debt	8 589 000	7 003 000	6 667 000	6 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,67 %	49,56 %	38,38 %	38,03 %
Debt-to-Equity Ratio	0,18	0,2	0,21	0,21
Operating Profit Margin	−17,39 %	25 %	−108,33 %	-
Current Ratio	1,03	1,29	1,14	1,19
Quick Ratio	1,03	1,29	1,14	1,19
Equity Ratio	0,56	0,63	0,62	0,63
Gross Profit Margin	100 %	100 %	100 %	-