PROPANEKSPERTEN AS

0582 OSLO

Finances

Return on Equity

62,54 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 141 000	4 632 000	3 269 000	3 779 000
Net Income	1 259 000	347 000	−73 000	−17 000
Total Assets	3 944 000	1 401 000	1 717 000	1 727 000
Total Equity	2 013 000	754 000	406 000	1 479 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 141 000	4 632 000	3 269 000	3 779 000
Expenditure	6 544 000	3 890 000	3 348 000	3 789 000
Operating Profit	1 598 000	741 000	−79 000	−10 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	3 000	15 000	3 000
Financial Balance	0	−3 000	−14 000	−2 000
Earnings Before Tax	1 598 000	738 000	−93 000	−12 000
Tax	339 000	391 000	−21 000	5 000
Net Income	1 259 000	347 000	−73 000	−17 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	503 000	320 000	364 000	382 000
Total Current Assets	3 441 000	1 081 000	1 353 000	1 345 000
Total Assets	3 944 000	1 401 000	1 717 000	1 727 000
Total Retained Equity	1 833 000	574 000	226 000	1 299 000
Total Equity	2 013 000	754 000	406 000	1 479 000
Total Long-Term Debt	120 000	40 000	0	0
Total Current Debt	1 811 000	607 000	1 311 000	248 000
Total Equity and Debt	3 944 000	1 401 000	1 717 000	1 727 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 141 000	4 618 000	3 269 000	0
Other Income	0	14 000	0	3 779 000
Revenue	8 141 000	4 632 000	3 269 000	3 779 000
Cost of Goods Sold	4 342 000	2 364 000	1 917 000	2 218 000
Salary Costs	1 009 000	457 000	492 000	478 000
Depreciation	87 000	49 000	39 000	118 000
Impairment	0	0	0	0
Expenditure	6 544 000	3 890 000	3 348 000	3 789 000
Operating Profit	1 598 000	741 000	−79 000	−10 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	3 000	15 000	3 000
Financial Balance	0	−3 000	−14 000	−2 000
Dividends	0	0	1 000 000	0
Net Income	1 259 000	347 000	−73 000	−17 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	190 000	170 000
Real Eastate	360 000	0	173 000	201 000
Machinery and Plant Facilities	0	139 000	0	0
Fixtures	142 000	181 000	0	0
Total Tangible Assets	503 000	320 000	173 000	212 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	503 000	320 000	364 000	382 000
Stock	296 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	853 000	645 000	1 255 000	1 256 000
Total Current Assets	3 441 000	1 081 000	1 353 000	1 345 000
Total Assets	3 944 000	1 401 000	1 717 000	1 727 000
Total Equity	2 013 000	754 000	406 000	1 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	40 000	0	0
Creditors	853 000	207 000	166 000	138 000
Unpaid Taxes	468 000	152 000	78 000	45 000
Dividends	0	0	1 000 000	0
Other Current Debt	96 000	88 000	66 000	65 000
Total Current Debt	1 811 000	607 000	1 311 000	248 000
Total Equity and Debt	3 944 000	1 401 000	1 717 000	1 727 000

Financial indicators	2021	2020	2019	2018
Return on Equity	62,54 %	46,02 %	−17,98 %	−1,15 %
Debt-to-Equity Ratio	0,06	0,05	0	0
Operating Profit Margin	19,63 %	16 %	−2,42 %	−0,26 %
Current Ratio	1,9	1,78	1,03	5,42
Quick Ratio	2,27	1,78	1,03	5,42
Equity Ratio	0,51	0,54	0,24	0,86
Gross Profit Margin	46,67 %	48,96 %	41,36 %	41,31 %