PRODOFLEX AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

19,55 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 770 000	5 935 000	5 965 000	6 331 000
Net Income	155 000	148 000	136 000	87 000
Total Assets	1 574 000	1 952 000	2 095 000	1 563 000
Total Equity	793 000	638 000	490 000	353 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 770 000	5 935 000	5 965 000	6 331 000
Expenditure	5 626 000	5 835 000	5 853 000	6 598 000
Operating Profit	145 000	100 000	112 000	−267 000
Financial Income	70 000	101 000	73 000	370 000
Financial Costs	16 000	10 000	10 000	16 000
Financial Balance	54 000	91 000	63 000	354 000
Earnings Before Tax	199 000	190 000	175 000	87 000
Tax	43 000	42 000	38 000	0
Net Income	155 000	148 000	136 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 574 000	1 952 000	2 095 000	1 563 000
Total Assets	1 574 000	1 952 000	2 095 000	1 563 000
Total Retained Equity	693 000	538 000	390 000	253 000
Total Equity	793 000	638 000	490 000	353 000
Total Long-Term Debt	192 000	242 000	259 000	330 000
Total Current Debt	588 000	1 072 000	1 346 000	880 000
Total Equity and Debt	1 574 000	1 952 000	2 095 000	1 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 770 000	5 935 000	5 965 000	6 331 000
Other Income	0	0	0	0
Revenue	5 770 000	5 935 000	5 965 000	6 331 000
Cost of Goods Sold	4 619 000	4 903 000	5 112 000	5 780 000
Salary Costs	874 000	766 000	617 000	703 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 626 000	5 835 000	5 853 000	6 598 000
Operating Profit	145 000	100 000	112 000	−267 000
Financial Income	70 000	101 000	73 000	370 000
Financial Costs	16 000	10 000	10 000	16 000
Financial Balance	54 000	91 000	63 000	354 000
Dividends	0	0	0	0
Net Income	155 000	148 000	136 000	87 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	107 000	68 000	278 000	95 000
Total Investments	0	0	0	0
Cash, Bank	89 000	323 000	163 000	223 000
Total Current Assets	1 574 000	1 952 000	2 095 000	1 563 000
Total Assets	1 574 000	1 952 000	2 095 000	1 563 000
Total Equity	793 000	638 000	490 000	353 000
Short-Term Group Debt	0	41 000	0	0
Total Long-Term Debt	192 000	242 000	259 000	330 000
Creditors	473 000	826 000	1 005 000	613 000
Unpaid Taxes	0	0	8 000	−29 000
Dividends	0	0	0	0
Other Current Debt	71 000	164 000	294 000	277 000
Total Current Debt	588 000	1 072 000	1 346 000	880 000
Total Equity and Debt	1 574 000	1 952 000	2 095 000	1 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,55 %	23,2 %	27,76 %	24,65 %
Debt-to-Equity Ratio	0,24	0,38	0,53	0,93
Operating Profit Margin	2,51 %	1,68 %	1,88 %	−4,22 %
Current Ratio	2,68	1,82	1,56	1,78
Quick Ratio	3,27	1,94	1,96	1,99
Equity Ratio	0,5	0,33	0,23	0,23
Gross Profit Margin	19,95 %	17,39 %	14,3 %	8,7 %