PROGAS NORGE AS

3037 DRAMMEN

Finances

Share Ownership

Return on Equity

187,35 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	218 249 000	170 099 000	116 340 000	151 143 000
Net Income	7 790 000	8 675 000	5 043 000	1 352 000
Total Assets	52 222 000	51 250 000	30 000 000	52 113 000
Total Equity	4 158 000	6 711 000	6 516 000	6 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	218 249 000	170 099 000	116 340 000	151 143 000
Expenditure	206 991 000	160 781 000	111 045 000	150 012 000
Operating Profit	11 259 000	9 318 000	5 294 000	1 132 000
Financial Income	11 000	6 000	94 000	322 000
Financial Costs	802 000	650 000	344 000	101 000
Financial Balance	−791 000	−644 000	−250 000	221 000
Earnings Before Tax	10 468 000	8 675 000	5 043 000	1 352 000
Tax	2 678 000	0	0	0
Net Income	7 790 000	8 675 000	5 043 000	1 352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 065 000	4 923 000	5 764 000	6 461 000
Total Current Assets	49 157 000	46 327 000	24 236 000	45 652 000
Total Assets	52 222 000	51 250 000	30 000 000	52 113 000
Total Retained Equity	0	195 000	0	−3 703 000
Total Equity	4 158 000	6 711 000	6 516 000	6 263 000
Total Long-Term Debt	1 067 000	238 000	1 003 000	1 701 000
Total Current Debt	46 997 000	44 300 000	22 481 000	44 149 000
Total Equity and Debt	52 222 000	51 250 000	30 000 000	52 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	218 230 000	169 969 000	115 436 000	151 159 000
Other Income	19 000	130 000	904 000	−15 000
Revenue	218 249 000	170 099 000	116 340 000	151 143 000
Cost of Goods Sold	171 672 000	133 199 000	86 933 000	122 745 000
Salary Costs	6 786 000	5 415 000	5 276 000	5 229 000
Depreciation	514 000	1 030 000	1 044 000	997 000
Impairment	1 063 000	0	0	0
Expenditure	206 991 000	160 781 000	111 045 000	150 012 000
Operating Profit	11 259 000	9 318 000	5 294 000	1 132 000
Financial Income	11 000	6 000	94 000	322 000
Financial Costs	802 000	650 000	344 000	101 000
Financial Balance	−791 000	−644 000	−250 000	221 000
Dividends	9 000 000	9 000 000	5 100 000	0
Net Income	7 790 000	8 675 000	5 043 000	1 352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 969 000	4 773 000	5 720 000	6 388 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	150 000	44 000	72 000
Total Tangible Assets	3 065 000	4 923 000	5 764 000	6 461 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 065 000	4 923 000	5 764 000	6 461 000
Stock	972 000	47 000	850 000	1 358 000
Total Investments	0	0	0	0
Cash, Bank	8 066 000	12 583 000	10 089 000	17 222 000
Total Current Assets	49 157 000	46 327 000	24 236 000	45 652 000
Total Assets	52 222 000	51 250 000	30 000 000	52 113 000
Total Equity	4 158 000	6 711 000	6 516 000	6 263 000
Short-Term Group Debt	328 000	0	0	0
Total Long-Term Debt	1 067 000	238 000	1 003 000	1 701 000
Creditors	22 963 000	25 551 000	10 796 000	14 157 000
Unpaid Taxes	10 516 000	8 531 000	4 965 000	4 057 000
Dividends	9 000 000	9 000 000	5 100 000	0
Other Current Debt	1 584 000	1 218 000	1 621 000	25 933 000
Total Current Debt	46 997 000	44 300 000	22 481 000	44 149 000
Total Equity and Debt	52 222 000	51 250 000	30 000 000	52 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	187,35 %	129,27 %	77,39 %	21,59 %
Debt-to-Equity Ratio	0,26	0,04	0,15	0,27
Operating Profit Margin	5,16 %	5,48 %	4,55 %	0,75 %
Current Ratio	1,05	1,05	1,08	1,03
Quick Ratio	1,07	1,05	1,12	1,07
Equity Ratio	0,08	0,13	0,22	0,12
Gross Profit Margin	21,34 %	21,69 %	25,28 %	18,79 %