PROJECT ENGINEERING SERVICES AS

1367 SNARØYA

Finances

Share Ownership

Return on Equity

55,16 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 805 000	1 675 000	1 569 000	1 710 000
Net Income	674 000	625 000	434 000	202 000
Total Assets	1 823 000	1 406 000	1 071 000	821 000
Total Equity	1 222 000	748 000	424 000	320 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 805 000	1 675 000	1 569 000	1 710 000
Expenditure	944 000	874 000	1 013 000	1 451 000
Operating Profit	860 000	801 000	556 000	259 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	864 000	801 000	556 000	259 000
Tax	190 000	176 000	122 000	57 000
Net Income	674 000	625 000	434 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 823 000	1 406 000	1 071 000	821 000
Total Assets	1 823 000	1 406 000	1 071 000	821 000
Total Retained Equity	1 122 000	648 000	324 000	220 000
Total Equity	1 222 000	748 000	424 000	320 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	601 000	658 000	647 000	501 000
Total Equity and Debt	1 823 000	1 406 000	1 071 000	821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 805 000	1 675 000	1 569 000	1 710 000
Other Income	0	0	0	0
Revenue	1 805 000	1 675 000	1 569 000	1 710 000
Cost of Goods Sold	0	0	0	0
Salary Costs	791 000	737 000	947 000	1 103 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	944 000	874 000	1 013 000	1 451 000
Operating Profit	860 000	801 000	556 000	259 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Dividends	200 000	300 000	330 000	200 000
Net Income	674 000	625 000	434 000	202 000

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	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 680 000	1 233 000	918 000	700 000
Total Current Assets	1 823 000	1 406 000	1 071 000	821 000
Total Assets	1 823 000	1 406 000	1 071 000	821 000
Total Equity	1 222 000	748 000	424 000	320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	0	1 000	0
Unpaid Taxes	115 000	117 000	110 000	145 000
Dividends	200 000	300 000	330 000	200 000
Other Current Debt	81 000	65 000	84 000	99 000
Total Current Debt	601 000	658 000	647 000	501 000
Total Equity and Debt	1 823 000	1 406 000	1 071 000	821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,16 %	83,56 %	102,36 %	63,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,65 %	47,82 %	35,44 %	15,15 %
Current Ratio	3,03	2,14	1,66	1,64
Quick Ratio	3,03	2,14	1,66	1,64
Equity Ratio	0,67	0,53	0,4	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %