PROCEDO AS

0694 OSLO

Finances

Return on Equity

45,04 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 739 000	8 618 000	7 428 000	8 969 000
Net Income	1 045 000	1 064 000	935 000	1 018 000
Total Assets	6 684 000	6 726 000	6 390 000	6 089 000
Total Equity	2 320 000	2 325 000	2 361 000	2 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 739 000	8 618 000	7 428 000	8 969 000
Expenditure	7 415 000	7 257 000	6 240 000	7 680 000
Operating Profit	1 324 000	1 360 000	1 188 000	1 288 000
Financial Income	15 000	4 000	12 000	18 000
Financial Costs	1 000	5 000	7 000	7 000
Financial Balance	14 000	−1 000	5 000	11 000
Earnings Before Tax	1 337 000	1 359 000	1 193 000	1 300 000
Tax	292 000	295 000	258 000	282 000
Net Income	1 045 000	1 064 000	935 000	1 018 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	21 000	9 000	27 000
Total Current Assets	6 670 000	6 704 000	6 381 000	6 061 000
Total Assets	6 684 000	6 726 000	6 390 000	6 089 000
Total Retained Equity	2 221 000	2 225 000	2 261 000	2 226 000
Total Equity	2 320 000	2 325 000	2 361 000	2 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 364 000	4 401 000	4 029 000	3 763 000
Total Equity and Debt	6 684 000	6 726 000	6 390 000	6 089 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 739 000	8 618 000	7 428 000	8 969 000
Other Income	0	0	0	0
Revenue	8 739 000	8 618 000	7 428 000	8 969 000
Cost of Goods Sold	246 000	243 000	253 000	199 000
Salary Costs	6 769 000	6 530 000	5 530 000	6 867 000
Depreciation	7 000	9 000	18 000	26 000
Impairment	0	0	0	0
Expenditure	7 415 000	7 257 000	6 240 000	7 680 000
Operating Profit	1 324 000	1 360 000	1 188 000	1 288 000
Financial Income	15 000	4 000	12 000	18 000
Financial Costs	1 000	5 000	7 000	7 000
Financial Balance	14 000	−1 000	5 000	11 000
Dividends	1 050 000	1 100 000	900 000	1 000 000
Net Income	1 045 000	1 064 000	935 000	1 018 000

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	14 000	21 000	9 000	27 000
Total Tangible Assets	14 000	21 000	9 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	21 000	9 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 684 000	5 200 000	5 172 000	4 944 000
Total Current Assets	6 670 000	6 704 000	6 381 000	6 061 000
Total Assets	6 684 000	6 726 000	6 390 000	6 089 000
Total Equity	2 320 000	2 325 000	2 361 000	2 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	87 000	76 000	53 000	84 000
Unpaid Taxes	1 473 000	1 011 000	959 000	869 000
Dividends	1 050 000	1 100 000	900 000	1 000 000
Other Current Debt	1 462 000	3 019 000	1 859 000	1 527 000
Total Current Debt	4 364 000	4 401 000	4 029 000	3 763 000
Total Equity and Debt	6 684 000	6 726 000	6 390 000	6 089 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,04 %	45,76 %	39,6 %	43,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,15 %	15,78 %	15,99 %	14,36 %
Current Ratio	1,53	1,52	1,58	1,61
Quick Ratio	1,53	1,52	1,58	1,61
Equity Ratio	0,35	0,35	0,37	0,38
Gross Profit Margin	97,19 %	97,18 %	96,59 %	97,78 %