PROTECH ELEKTRO AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

140,21 %

Current Ratio

0,57

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 858 000	15 057 000	9 933 000	13 151 000
Net Income	−1 740 000	681 000	−2 008 000	−897 000
Total Assets	3 251 000	4 528 000	3 244 000	4 183 000
Total Equity	−1 241 000	499 000	−182 000	1 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 858 000	15 057 000	9 933 000	13 151 000
Expenditure	12 457 000	14 298 000	11 874 000	13 988 000
Operating Profit	−1 600 000	758 000	−1 941 000	−837 000
Financial Income	26 000	9 000	9 000	13 000
Financial Costs	166 000	87 000	75 000	73 000
Financial Balance	−140 000	−78 000	−66 000	−60 000
Earnings Before Tax	−1 740 000	681 000	−2 008 000	−897 000
Tax	0	0	0	0
Net Income	−1 740 000	681 000	−2 008 000	−897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 428 000	1 638 000	664 000	0
Total Current Assets	1 823 000	2 890 000	2 580 000	4 183 000
Total Assets	3 251 000	4 528 000	3 244 000	4 183 000
Total Retained Equity	−1 491 000	249 000	−432 000	1 576 000
Total Equity	−1 241 000	499 000	−182 000	1 826 000
Total Long-Term Debt	1 297 000	1 603 000	672 000	0
Total Current Debt	3 195 000	2 426 000	2 753 000	2 356 000
Total Equity and Debt	3 251 000	4 528 000	3 244 000	4 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 858 000	15 057 000	9 918 000	13 151 000
Other Income	0	0	15 000	0
Revenue	10 858 000	15 057 000	9 933 000	13 151 000
Cost of Goods Sold	3 235 000	5 532 000	2 882 000	3 939 000
Salary Costs	7 116 000	6 614 000	6 590 000	7 705 000
Depreciation	225 000	110 000	25 000	4 000
Impairment	0	0	0	0
Expenditure	12 457 000	14 298 000	11 874 000	13 988 000
Operating Profit	−1 600 000	758 000	−1 941 000	−837 000
Financial Income	26 000	9 000	9 000	13 000
Financial Costs	166 000	87 000	75 000	73 000
Financial Balance	−140 000	−78 000	−66 000	−60 000
Dividends	0	0	0	0
Net Income	−1 740 000	681 000	−2 008 000	−897 000

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	1 428 000	1 638 000	664 000	0
Total Tangible Assets	1 428 000	1 638 000	664 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 428 000	1 638 000	664 000	0
Stock	388 000	643 000	603 000	427 000
Total Investments	0	0	0	0
Cash, Bank	212 000	224 000	288 000	231 000
Total Current Assets	1 823 000	2 890 000	2 580 000	4 183 000
Total Assets	3 251 000	4 528 000	3 244 000	4 183 000
Total Equity	−1 241 000	499 000	−182 000	1 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 297 000	1 603 000	672 000	0
Creditors	573 000	617 000	415 000	246 000
Unpaid Taxes	824 000	841 000	992 000	1 091 000
Dividends	0	0	0	0
Other Current Debt	807 000	656 000	642 000	669 000
Total Current Debt	3 195 000	2 426 000	2 753 000	2 356 000
Total Equity and Debt	3 251 000	4 528 000	3 244 000	4 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,21 %	136,47 %	1 103,3 %	−49,12 %
Debt-to-Equity Ratio	−1,05	3,21	−3,69	0
Operating Profit Margin	−14,74 %	5,03 %	−19,54 %	−6,36 %
Current Ratio	0,57	1,19	0,94	1,78
Quick Ratio	0,65	1,62	1,2	2,17
Equity Ratio	−0,38	0,11	−0,06	0,44
Gross Profit Margin	70,21 %	63,26 %	70,99 %	70,05 %