PROGRESS TJENESTER AS

3209 SANDEFJORD

Finances

Return on Equity

6,24 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 198 000	514 000	1 013 000
Net Income	398 000	907 000	1 289 000	1 047 000
Total Assets	9 469 000	7 055 000	5 457 000	4 642 000
Total Equity	6 383 000	5 985 000	5 078 000	3 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 198 000	514 000	1 013 000
Expenditure	259 000	122 000	447 000	225 000
Operating Profit	983 000	1 076 000	67 000	788 000
Financial Income	161 000	684 000	1 642 000	572 000
Financial Costs	498 000	589 000	332 000	130 000
Financial Balance	−337 000	95 000	1 310 000	442 000
Earnings Before Tax	645 000	1 171 000	1 377 000	1 230 000
Tax	248 000	264 000	88 000	183 000
Net Income	398 000	907 000	1 289 000	1 047 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 303 000	3 894 000	2 169 000	2 153 000
Total Current Assets	4 167 000	3 162 000	3 287 000	2 489 000
Total Assets	9 469 000	7 055 000	5 457 000	4 642 000
Total Retained Equity	6 283 000	5 885 000	4 978 000	3 689 000
Total Equity	6 383 000	5 985 000	5 078 000	3 789 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 086 000	1 070 000	378 000	852 000
Total Equity and Debt	9 469 000	7 055 000	5 457 000	4 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 194 000	1 150 000	466 000	965 000
Other Income	48 000	48 000	48 000	48 000
Revenue	1 242 000	1 198 000	514 000	1 013 000
Cost of Goods Sold	0	0	31 000	75 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	259 000	122 000	447 000	225 000
Operating Profit	983 000	1 076 000	67 000	788 000
Financial Income	161 000	684 000	1 642 000	572 000
Financial Costs	498 000	589 000	332 000	130 000
Financial Balance	−337 000	95 000	1 310 000	442 000
Dividends	0	0	0	0
Net Income	398 000	907 000	1 289 000	1 047 000

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	5 303 000	3 894 000	2 169 000	2 153 000
Total Fixed Assets	5 303 000	3 894 000	2 169 000	2 153 000
Stock	0	0	0	0
Total Investments	1 883 000	1 262 000	570 000	701 000
Cash, Bank	4 000	−380 000	17 000	388 000
Total Current Assets	4 167 000	3 162 000	3 287 000	2 489 000
Total Assets	9 469 000	7 055 000	5 457 000	4 642 000
Total Equity	6 383 000	5 985 000	5 078 000	3 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	35 000	25 000
Unpaid Taxes	279 000	277 000	103 000	208 000
Dividends	0	0	0	0
Other Current Debt	1 331 000	528 000	152 000	436 000
Total Current Debt	3 086 000	1 070 000	378 000	852 000
Total Equity and Debt	9 469 000	7 055 000	5 457 000	4 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,24 %	15,15 %	25,38 %	27,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,15 %	89,82 %	13,04 %	77,79 %
Current Ratio	1,35	2,96	8,7	2,92
Quick Ratio	1,35	2,96	8,7	2,92
Equity Ratio	0,67	0,85	0,93	0,82
Gross Profit Margin	100 %	100 %	93,97 %	92,6 %