PROPEL AS

0283 OSLO

Finances

Return on Equity

5,16 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	9 000	780 000	1 364 000
Net Income	46 000	−652 000	162 000	2 025 000
Total Assets	1 150 000	1 108 000	2 156 000	3 223 000
Total Equity	891 000	1 045 000	1 698 000	1 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	9 000	780 000	1 364 000
Expenditure	50 000	109 000	676 000	1 315 000
Operating Profit	−50 000	−100 000	104 000	50 000
Financial Income	96 000	48 000	82 000	2 002 000
Financial Costs	0	0	0	1 000
Financial Balance	96 000	48 000	82 000	2 001 000
Earnings Before Tax	46 000	−52 000	186 000	2 051 000
Tax	0	600 000	24 000	27 000
Net Income	46 000	−652 000	162 000	2 025 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	907 000	955 000	1 516 000	2 063 000
Total Current Assets	244 000	153 000	640 000	1 160 000
Total Assets	1 150 000	1 108 000	2 156 000	3 223 000
Total Retained Equity	582 000	736 000	1 388 000	1 626 000
Total Equity	891 000	1 045 000	1 698 000	1 936 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	259 000	62 000	458 000	1 287 000
Total Equity and Debt	1 150 000	1 108 000	2 156 000	3 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	9 000	780 000	1 364 000
Other Income	0	0	0	0
Revenue	0	9 000	780 000	1 364 000
Cost of Goods Sold	0	9 000	38 000	1 000
Salary Costs	0	0	0	26 000
Depreciation	0	9 000	39 000	151 000
Impairment	0	0	0	0
Expenditure	50 000	109 000	676 000	1 315 000
Operating Profit	−50 000	−100 000	104 000	50 000
Financial Income	96 000	48 000	82 000	2 002 000
Financial Costs	0	0	0	1 000
Financial Balance	96 000	48 000	82 000	2 001 000
Dividends	200 000	0	400 000	3 635 000
Net Income	46 000	−652 000	162 000	2 025 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	600 000	651 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	21 000
Total Tangible Assets	0	0	9 000	21 000
Total Fiancial Fixed Assets	907 000	955 000	907 000	1 391 000
Total Fixed Assets	907 000	955 000	1 516 000	2 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	142 000	599 000	1 113 000
Total Current Assets	244 000	153 000	640 000	1 160 000
Total Assets	1 150 000	1 108 000	2 156 000	3 223 000
Total Equity	891 000	1 045 000	1 698 000	1 936 000
Short-Term Group Debt	28 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	9 000	0	69 000
Unpaid Taxes	0	0	0	40 000
Dividends	200 000	0	400 000	3 635 000
Other Current Debt	3 000	53 000	58 000	178 000
Total Current Debt	259 000	62 000	458 000	1 287 000
Total Equity and Debt	1 150 000	1 108 000	2 156 000	3 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,16 %	−62,39 %	9,54 %	104,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−1 111,11 %	13,33 %	3,67 %
Current Ratio	0,94	2,47	1,4	0,9
Quick Ratio	0,94	2,47	1,4	0,9
Equity Ratio	0,77	0,94	0,79	0,6
Gross Profit Margin	-	0 %	95,13 %	99,93 %