PROCANO AS

0275 OSLO

Finances

Share Ownership

Return on Equity

876,05 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 116 000	75 754 000	61 781 000	70 533 000
Net Income	3 951 000	1 803 000	212 000	−2 920 000
Total Assets	19 169 000	23 072 000	20 461 000	26 374 000
Total Equity	451 000	5 805 000	4 512 000	4 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 116 000	75 754 000	61 781 000	70 533 000
Expenditure	81 981 000	72 970 000	60 739 000	73 325 000
Operating Profit	5 134 000	2 784 000	1 041 000	−2 791 000
Financial Income	177 000	50 000	57 000	275 000
Financial Costs	330 000	392 000	376 000	527 000
Financial Balance	−153 000	−342 000	−319 000	−252 000
Earnings Before Tax	4 982 000	2 442 000	722 000	−3 043 000
Tax	1 031 000	639 000	511 000	−123 000
Net Income	3 951 000	1 803 000	212 000	−2 920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 343 000	3 775 000	6 901 000	11 189 000
Total Current Assets	17 826 000	19 297 000	13 560 000	15 185 000
Total Assets	19 169 000	23 072 000	20 461 000	26 374 000
Total Retained Equity	1 000	4 046 000	2 752 000	2 541 000
Total Equity	451 000	5 805 000	4 512 000	4 301 000
Total Long-Term Debt	0	4 030 000	7 833 000	10 648 000
Total Current Debt	18 718 000	13 236 000	8 116 000	11 425 000
Total Equity and Debt	19 169 000	23 072 000	20 461 000	26 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 636 000	73 834 000	61 281 000	70 533 000
Other Income	480 000	1 920 000	500 000	0
Revenue	87 116 000	75 754 000	61 781 000	70 533 000
Cost of Goods Sold	42 625 000	37 316 000	27 064 000	33 504 000
Salary Costs	26 007 000	22 403 000	21 202 000	27 120 000
Depreciation	2 412 000	3 157 000	4 215 000	4 252 000
Impairment	0	0	0	0
Expenditure	81 981 000	72 970 000	60 739 000	73 325 000
Operating Profit	5 134 000	2 784 000	1 041 000	−2 791 000
Financial Income	177 000	50 000	57 000	275 000
Financial Costs	330 000	392 000	376 000	527 000
Financial Balance	−153 000	−342 000	−319 000	−252 000
Dividends	5 355 000	0	0	0
Net Income	3 951 000	1 803 000	212 000	−2 920 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 198 000	3 594 000	6 724 000	10 883 000
Total Intangible Assets	1 268 000	3 684 000	6 854 000	11 085 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	91 000	47 000	104 000
Total Tangible Assets	75 000	91 000	47 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 343 000	3 775 000	6 901 000	11 189 000
Stock	85 000	100 000	100 000	187 000
Total Investments	0	0	0	0
Cash, Bank	2 560 000	5 795 000	6 015 000	3 779 000
Total Current Assets	17 826 000	19 297 000	13 560 000	15 185 000
Total Assets	19 169 000	23 072 000	20 461 000	26 374 000
Total Equity	451 000	5 805 000	4 512 000	4 301 000
Short-Term Group Debt	5 281 000	650 000	0	0
Total Long-Term Debt	0	4 030 000	7 833 000	10 648 000
Creditors	4 613 000	5 670 000	2 916 000	3 877 000
Unpaid Taxes	5 332 000	3 383 000	1 709 000	4 142 000
Dividends	5 355 000	0	0	0
Other Current Debt	3 163 000	3 073 000	3 053 000	3 406 000
Total Current Debt	18 718 000	13 236 000	8 116 000	11 425 000
Total Equity and Debt	19 169 000	23 072 000	20 461 000	26 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	876,05 %	31,06 %	4,7 %	−67,89 %
Debt-to-Equity Ratio	0	0,69	1,74	2,48
Operating Profit Margin	5,89 %	3,68 %	1,68 %	−3,96 %
Current Ratio	0,95	1,46	1,67	1,33
Quick Ratio	0,96	1,47	1,69	1,35
Equity Ratio	0,02	0,25	0,22	0,16
Gross Profit Margin	51,07 %	50,74 %	56,19 %	52,5 %