PRAQO AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

13,38 %

Current Ratio

2,84

Debt-to-Equity Ratio

−1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	118 000	20 000
Net Income	−21 000	−68 000	−151 000	−414 000
Total Assets	95 000	41 000	96 000	183 000
Total Equity	−157 000	−136 000	−83 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	118 000	20 000
Expenditure	18 000	66 000	269 000	435 000
Operating Profit	−18 000	−67 000	−151 000	−414 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	0	0
Financial Balance	−3 000	−1 000	0	0
Earnings Before Tax	−21 000	−68 000	−151 000	−414 000
Tax	0	0	0	0
Net Income	−21 000	−68 000	−151 000	−414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	42 000	42 000	42 000
Total Current Assets	54 000	0	54 000	141 000
Total Assets	95 000	41 000	96 000	183 000
Total Retained Equity	−187 000	−166 000	−113 000	38 000
Total Equity	−157 000	−136 000	−83 000	68 000
Total Long-Term Debt	233 000	213 000	0	0
Total Current Debt	19 000	−36 000	179 000	115 000
Total Equity and Debt	95 000	41 000	96 000	183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	37 000	20 000
Other Income	0	0	81 000	0
Revenue	0	0	118 000	20 000
Cost of Goods Sold	9 000	60 000	251 000	402 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 000	66 000	269 000	435 000
Operating Profit	−18 000	−67 000	−151 000	−414 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	0	0
Financial Balance	−3 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−21 000	−68 000	−151 000	−414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	42 000	42 000	42 000
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	42 000	42 000	42 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	25 000	75 000	147 000
Total Current Assets	54 000	0	54 000	141 000
Total Assets	95 000	41 000	96 000	183 000
Total Equity	−157 000	−136 000	−83 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	233 000	213 000	0	0
Creditors	0	−29 000	−30 000	−27 000
Unpaid Taxes	19 000	−19 000	−18 000	−18 000
Dividends	0	0	0	0
Other Current Debt	0	12 000	212 000	145 000
Total Current Debt	19 000	−36 000	179 000	115 000
Total Equity and Debt	95 000	41 000	96 000	183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,38 %	50 %	181,93 %	−608,82 %
Debt-to-Equity Ratio	−1,48	−1,57	−0	0
Operating Profit Margin	-	-	−127,97 %	−2 070 %
Current Ratio	2,84	−0	0,3	1,23
Quick Ratio	2,84	−0	0,3	1,23
Equity Ratio	−1,65	−3,32	−0,86	0,37
Gross Profit Margin	-	-	−112,71 %	−1 910 %