PROGRESSIO AGDER AS

4625 FLEKKERØY

Finances

Return on Equity

16,49 %

Current Ratio

1,51

Debt-to-Equity Ratio

−3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−599 000	−453 000	−494 000	−555 000
Total Assets	20 144 000	13 473 000	13 612 000	14 107 000
Total Equity	−3 632 000	−3 033 000	−2 580 000	−2 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	110 000	110 000	90 000	95 000
Operating Profit	−110 000	−110 000	−90 000	−95 000
Financial Income	1 000	0	0	1 000
Financial Costs	489 000	343 000	404 000	461 000
Financial Balance	−488 000	−343 000	−404 000	−460 000
Earnings Before Tax	−599 000	−453 000	−494 000	−555 000
Tax	0	0	0	0
Net Income	−599 000	−453 000	−494 000	−555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 674 000	11 789 000	11 640 000	11 606 000
Total Current Assets	15 469 000	1 684 000	1 972 000	2 501 000
Total Assets	20 144 000	13 473 000	13 612 000	14 107 000
Total Retained Equity	−11 792 000	−11 193 000	−10 740 000	−10 245 000
Total Equity	−3 632 000	−3 033 000	−2 580 000	−2 085 000
Total Long-Term Debt	13 508 000	13 191 000	12 907 000	12 822 000
Total Current Debt	10 268 000	3 315 000	3 284 000	3 370 000
Total Equity and Debt	20 144 000	13 473 000	13 612 000	14 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	110 000	110 000	90 000	95 000
Operating Profit	−110 000	−110 000	−90 000	−95 000
Financial Income	1 000	0	0	1 000
Financial Costs	489 000	343 000	404 000	461 000
Financial Balance	−488 000	−343 000	−404 000	−460 000
Dividends	0	0	0	0
Net Income	−599 000	−453 000	−494 000	−555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 659 000	11 773 000	11 625 000	11 590 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 659 000	11 773 000	11 625 000	11 590 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	4 674 000	11 789 000	11 640 000	11 606 000
Stock	15 364 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	1 676 000	1 965 000	2 336 000
Total Current Assets	15 469 000	1 684 000	1 972 000	2 501 000
Total Assets	20 144 000	13 473 000	13 612 000	14 107 000
Total Equity	−3 632 000	−3 033 000	−2 580 000	−2 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 508 000	13 191 000	12 907 000	12 822 000
Creditors	539 000	65 000	34 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 729 000	3 250 000	3 250 000	3 335 000
Total Current Debt	10 268 000	3 315 000	3 284 000	3 370 000
Total Equity and Debt	20 144 000	13 473 000	13 612 000	14 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,49 %	14,94 %	19,15 %	26,62 %
Debt-to-Equity Ratio	−3,72	−4,35	−5	−6,15
Operating Profit Margin	-	-	-	-
Current Ratio	1,51	0,51	0,6	0,74
Quick Ratio	−3,04	0,51	0,6	0,74
Equity Ratio	−0,18	−0,23	−0,19	−0,15
Gross Profit Margin	-	-	-	-