PROMEK MEKANISKE VERKSTED AS

2930 BAGN

Finances

Share Ownership

Return on Equity

4,38 %

Current Ratio

3,34

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 229 000	7 990 000	7 002 000	6 511 000
Net Income	119 000	254 000	273 000	251 000
Total Assets	4 093 000	4 453 000	4 074 000	3 786 000
Total Equity	2 720 000	2 601 000	2 347 000	2 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 229 000	7 990 000	7 002 000	6 511 000
Expenditure	7 083 000	7 666 000	6 651 000	6 187 000
Operating Profit	147 000	325 000	351 000	324 000
Financial Income	8 000	3 000	0	1 000
Financial Costs	1 000	2 000	1 000	3 000
Financial Balance	7 000	1 000	−1 000	−2 000
Earnings Before Tax	153 000	326 000	350 000	322 000
Tax	34 000	72 000	77 000	71 000
Net Income	119 000	254 000	273 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	529 000	698 000	601 000	752 000
Total Current Assets	3 564 000	3 755 000	3 473 000	3 033 000
Total Assets	4 093 000	4 453 000	4 074 000	3 786 000
Total Retained Equity	2 616 000	2 496 000	2 242 000	1 969 000
Total Equity	2 720 000	2 601 000	2 347 000	2 074 000
Total Long-Term Debt	307 000	574 000	627 000	702 000
Total Current Debt	1 067 000	1 278 000	1 100 000	1 010 000
Total Equity and Debt	4 093 000	4 453 000	4 074 000	3 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 229 000	7 990 000	7 002 000	6 511 000
Other Income	0	0	0	0
Revenue	7 229 000	7 990 000	7 002 000	6 511 000
Cost of Goods Sold	3 943 000	4 288 000	3 456 000	3 129 000
Salary Costs	2 025 000	2 231 000	2 133 000	2 094 000
Depreciation	192 000	187 000	176 000	170 000
Impairment	0	0	0	0
Expenditure	7 083 000	7 666 000	6 651 000	6 187 000
Operating Profit	147 000	325 000	351 000	324 000
Financial Income	8 000	3 000	0	1 000
Financial Costs	1 000	2 000	1 000	3 000
Financial Balance	7 000	1 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	119 000	254 000	273 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	47 000	16 000	21 000
Machinery and Plant Facilities	44 000	15 000	23 000	31 000
Fixtures	477 000	634 000	560 000	700 000
Total Tangible Assets	521 000	697 000	600 000	752 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	529 000	698 000	601 000	752 000
Stock	1 137 000	1 012 000	921 000	909 000
Total Investments	0	0	0	0
Cash, Bank	1 451 000	1 823 000	1 946 000	1 015 000
Total Current Assets	3 564 000	3 755 000	3 473 000	3 033 000
Total Assets	4 093 000	4 453 000	4 074 000	3 786 000
Total Equity	2 720 000	2 601 000	2 347 000	2 074 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	307 000	574 000	627 000	702 000
Creditors	394 000	437 000	380 000	374 000
Unpaid Taxes	366 000	496 000	406 000	349 000
Dividends	0	0	0	0
Other Current Debt	259 000	266 000	222 000	205 000
Total Current Debt	1 067 000	1 278 000	1 100 000	1 010 000
Total Equity and Debt	4 093 000	4 453 000	4 074 000	3 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,38 %	9,77 %	11,63 %	12,1 %
Debt-to-Equity Ratio	0,11	0,22	0,27	0,34
Operating Profit Margin	2,03 %	4,07 %	5,01 %	4,98 %
Current Ratio	3,34	2,94	3,16	3
Quick Ratio	−50,91	14,12	19,4	30,03
Equity Ratio	0,66	0,58	0,58	0,55
Gross Profit Margin	45,46 %	46,33 %	50,64 %	51,94 %