PROSEC STAVANGER AS

4018 STAVANGER

Finances

Share Ownership

Return on Equity

135,48 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 939 000	15 521 000	11 835 000	13 661 000
Net Income	1 875 000	3 028 000	963 000	1 373 000
Total Assets	6 092 000	5 402 000	4 030 000	3 643 000
Total Equity	1 384 000	1 509 000	1 481 000	1 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 939 000	15 521 000	11 835 000	13 661 000
Expenditure	10 520 000	11 631 000	10 588 000	11 905 000
Operating Profit	2 420 000	3 890 000	1 246 000	1 756 000
Financial Income	0	1 000	0	10 000
Financial Costs	7 000	6 000	4 000	1 000
Financial Balance	−7 000	−5 000	−4 000	9 000
Earnings Before Tax	2 414 000	3 885 000	1 242 000	1 765 000
Tax	538 000	857 000	279 000	392 000
Net Income	1 875 000	3 028 000	963 000	1 373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	65 000	103 000	215 000
Total Current Assets	6 041 000	5 336 000	3 928 000	3 427 000
Total Assets	6 092 000	5 402 000	4 030 000	3 643 000
Total Retained Equity	1 284 000	1 409 000	1 381 000	1 417 000
Total Equity	1 384 000	1 509 000	1 481 000	1 517 000
Total Long-Term Debt	8 000	1 000	1 000	0
Total Current Debt	4 700 000	3 891 000	2 549 000	2 126 000
Total Equity and Debt	6 092 000	5 402 000	4 030 000	3 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 939 000	15 521 000	11 835 000	13 661 000
Other Income	0	0	0	0
Revenue	12 939 000	15 521 000	11 835 000	13 661 000
Cost of Goods Sold	5 991 000	7 040 000	6 496 000	7 149 000
Salary Costs	3 494 000	3 429 000	3 213 000	3 469 000
Depreciation	15 000	38 000	98 000	89 000
Impairment	0	0	0	0
Expenditure	10 520 000	11 631 000	10 588 000	11 905 000
Operating Profit	2 420 000	3 890 000	1 246 000	1 756 000
Financial Income	0	1 000	0	10 000
Financial Costs	7 000	6 000	4 000	1 000
Financial Balance	−7 000	−5 000	−4 000	9 000
Dividends	2 000 000	3 000 000	1 000 000	1 000 000
Net Income	1 875 000	3 028 000	963 000	1 373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	65 000	103 000	201 000
Total Tangible Assets	50 000	65 000	103 000	201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	65 000	103 000	215 000
Stock	1 465 000	2 233 000	1 083 000	1 022 000
Total Investments	0	0	0	0
Cash, Bank	919 000	2 192 000	834 000	1 357 000
Total Current Assets	6 041 000	5 336 000	3 928 000	3 427 000
Total Assets	6 092 000	5 402 000	4 030 000	3 643 000
Total Equity	1 384 000	1 509 000	1 481 000	1 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	1 000	1 000	0
Creditors	1 198 000	140 000	1 214 000	817 000
Unpaid Taxes	614 000	522 000	727 000	516 000
Dividends	2 000 000	3 000 000	1 000 000	1 000 000
Other Current Debt	356 000	373 000	345 000	365 000
Total Current Debt	4 700 000	3 891 000	2 549 000	2 126 000
Total Equity and Debt	6 092 000	5 402 000	4 030 000	3 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	135,48 %	200,66 %	65,02 %	90,51 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	18,7 %	25,06 %	10,53 %	12,85 %
Current Ratio	1,29	1,37	1,54	1,61
Quick Ratio	1,87	3,22	2,68	3,1
Equity Ratio	0,23	0,28	0,37	0,42
Gross Profit Margin	53,7 %	54,64 %	45,11 %	47,67 %