PROGRAMVAREHUSET AS

3125 TØNSBERG

Finances

Share Ownership

Return on Equity

9,04 %

Current Ratio

3,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 989 000	2 016 000	1 961 000	2 052 000
Net Income	15 000	140 000	−24 000	−77 000
Total Assets	232 000	177 000	142 000	169 000
Total Equity	166 000	151 000	11 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 989 000	2 016 000	1 961 000	2 052 000
Expenditure	1 967 000	1 833 000	1 988 000	2 145 000
Operating Profit	22 000	183 000	−27 000	−93 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	6 000
Financial Balance	−3 000	−3 000	−5 000	−6 000
Earnings Before Tax	19 000	180 000	−31 000	−99 000
Tax	4 000	40 000	−7 000	−22 000
Net Income	15 000	140 000	−24 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	26 000	22 000
Total Current Assets	202 000	177 000	116 000	147 000
Total Assets	232 000	177 000	142 000	169 000
Total Retained Equity	66 000	51 000	−89 000	−65 000
Total Equity	166 000	151 000	11 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	26 000	131 000	133 000
Total Equity and Debt	232 000	177 000	142 000	169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 989 000	2 016 000	1 961 000	2 052 000
Other Income	0	0	0	0
Revenue	1 989 000	2 016 000	1 961 000	2 052 000
Cost of Goods Sold	915 000	557 000	657 000	1 242 000
Salary Costs	750 000	944 000	1 005 000	583 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 967 000	1 833 000	1 988 000	2 145 000
Operating Profit	22 000	183 000	−27 000	−93 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	6 000
Financial Balance	−3 000	−3 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	15 000	140 000	−24 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	26 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	0	26 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	46 000	0	38 000
Total Current Assets	202 000	177 000	116 000	147 000
Total Assets	232 000	177 000	142 000	169 000
Total Equity	166 000	151 000	11 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	13 000	4 000	88 000
Unpaid Taxes	30 000	0	3 000	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	23 000	27 000
Total Current Debt	66 000	26 000	131 000	133 000
Total Equity and Debt	232 000	177 000	142 000	169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,04 %	92,72 %	−218,18 %	−220 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,11 %	9,08 %	−1,38 %	−4,53 %
Current Ratio	3,06	6,81	0,89	1,11
Quick Ratio	3,06	6,81	0,89	1,11
Equity Ratio	0,72	0,85	0,08	0,21
Gross Profit Margin	54 %	72,37 %	66,5 %	39,47 %