PROFESSIONAL FITTINGS AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

496,3 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 964 000	7 795 000	7 134 000	5 557 000
Net Income	1 742 000	882 000	743 000	−164 000
Total Assets	3 566 000	1 969 000	3 579 000	2 889 000
Total Equity	351 000	351 000	257 000	1 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 964 000	7 795 000	7 134 000	5 557 000
Expenditure	6 578 000	6 908 000	6 038 000	5 892 000
Operating Profit	2 235 000	1 131 000	959 000	−195 000
Financial Income	0	0	9 000	12 000
Financial Costs	0	0	15 000	27 000
Financial Balance	0	0	−6 000	−15 000
Earnings Before Tax	2 235 000	1 131 000	953 000	−209 000
Tax	493 000	249 000	210 000	−45 000
Net Income	1 742 000	882 000	743 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	232 000	290 000	491 000	1 045 000
Total Current Assets	3 334 000	1 679 000	3 087 000	1 844 000
Total Assets	3 566 000	1 969 000	3 579 000	2 889 000
Total Retained Equity	113 000	113 000	19 000	1 275 000
Total Equity	351 000	351 000	257 000	1 514 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 215 000	1 618 000	3 322 000	1 375 000
Total Equity and Debt	3 566 000	1 969 000	3 579 000	2 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 964 000	7 795 000	7 134 000	5 557 000
Other Income	0	0	0	0
Revenue	8 964 000	7 795 000	7 134 000	5 557 000
Cost of Goods Sold	3 980 000	4 211 000	3 382 000	3 038 000
Salary Costs	928 000	1 163 000	998 000	1 044 000
Depreciation	46 000	109 000	273 000	402 000
Impairment	0	0	0	0
Expenditure	6 578 000	6 908 000	6 038 000	5 892 000
Operating Profit	2 235 000	1 131 000	959 000	−195 000
Financial Income	0	0	9 000	12 000
Financial Costs	0	0	15 000	27 000
Financial Balance	0	0	−6 000	−15 000
Dividends	0	0	2 000 000	0
Net Income	1 742 000	882 000	743 000	−164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	126 000	138 000	123 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	11 000	44 000	81 000	286 000
Fixtures	7 000	19 000	59 000	127 000
Total Tangible Assets	18 000	64 000	140 000	412 000
Total Fiancial Fixed Assets	107 000	100 000	213 000	509 000
Total Fixed Assets	232 000	290 000	491 000	1 045 000
Stock	247 000	397 000	153 000	289 000
Total Investments	0	0	0	0
Cash, Bank	2 878 000	1 020 000	2 662 000	1 365 000
Total Current Assets	3 334 000	1 679 000	3 087 000	1 844 000
Total Assets	3 566 000	1 969 000	3 579 000	2 889 000
Total Equity	351 000	351 000	257 000	1 514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	591 000	126 000	167 000	179 000
Unpaid Taxes	165 000	235 000	161 000	65 000
Dividends	0	0	2 000 000	0
Other Current Debt	1 998 000	1 032 000	769 000	1 131 000
Total Current Debt	3 215 000	1 618 000	3 322 000	1 375 000
Total Equity and Debt	3 566 000	1 969 000	3 579 000	2 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	496,3 %	251,28 %	289,11 %	−10,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,93 %	14,51 %	13,44 %	−3,51 %
Current Ratio	1,04	1,04	0,93	1,34
Quick Ratio	1,12	1,38	0,97	1,7
Equity Ratio	0,1	0,18	0,07	0,52
Gross Profit Margin	55,6 %	45,98 %	52,59 %	45,33 %