PRO-FLEX AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

18,21 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 578 000	103 327 000	102 149 000	90 641 000
Net Income	4 296 000	1 380 000	7 620 000	4 203 000
Total Assets	73 463 000	62 760 000	59 776 000	57 095 000
Total Equity	23 593 000	19 296 000	17 916 000	17 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 578 000	103 327 000	102 149 000	90 641 000
Expenditure	107 019 000	101 210 000	91 617 000	84 728 000
Operating Profit	6 558 000	2 117 000	10 532 000	5 914 000
Financial Income	664 000	489 000	703 000	214 000
Financial Costs	1 724 000	838 000	1 476 000	739 000
Financial Balance	−1 060 000	−349 000	−773 000	−525 000
Earnings Before Tax	5 499 000	1 769 000	9 759 000	5 388 000
Tax	1 202 000	389 000	2 139 000	1 185 000
Net Income	4 296 000	1 380 000	7 620 000	4 203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 276 000	8 350 000	6 760 000	6 956 000
Total Current Assets	65 187 000	54 411 000	53 016 000	50 139 000
Total Assets	73 463 000	62 760 000	59 776 000	57 095 000
Total Retained Equity	6 496 000	2 200 000	820 000	0
Total Equity	23 593 000	19 296 000	17 916 000	17 096 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 870 000	43 464 000	41 859 000	39 999 000
Total Equity and Debt	73 463 000	62 760 000	59 776 000	57 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	113 572 000	103 327 000	102 149 000	90 641 000
Other Income	6 000	0	0	0
Revenue	113 578 000	103 327 000	102 149 000	90 641 000
Cost of Goods Sold	64 245 000	62 876 000	56 489 000	50 425 000
Salary Costs	24 785 000	22 106 000	21 148 000	20 529 000
Depreciation	1 095 000	997 000	869 000	854 000
Impairment	0	0	0	0
Expenditure	107 019 000	101 210 000	91 617 000	84 728 000
Operating Profit	6 558 000	2 117 000	10 532 000	5 914 000
Financial Income	664 000	489 000	703 000	214 000
Financial Costs	1 724 000	838 000	1 476 000	739 000
Financial Balance	−1 060 000	−349 000	−773 000	−525 000
Dividends	0	0	6 800 000	7 900 000
Net Income	4 296 000	1 380 000	7 620 000	4 203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 051 000	4 322 000	2 873 000	3 107 000
Real Eastate	1 238 000	1 518 000	1 774 000	1 700 000
Machinery and Plant Facilities	211 000	316 000	466 000	397 000
Fixtures	1 776 000	2 194 000	1 647 000	1 752 000
Total Tangible Assets	3 225 000	4 028 000	3 887 000	3 849 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 276 000	8 350 000	6 760 000	6 956 000
Stock	49 452 000	39 709 000	41 407 000	36 375 000
Total Investments	0	0	0	0
Cash, Bank	1 066 000	1 137 000	779 000	1 891 000
Total Current Assets	65 187 000	54 411 000	53 016 000	50 139 000
Total Assets	73 463 000	62 760 000	59 776 000	57 095 000
Total Equity	23 593 000	19 296 000	17 916 000	17 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 168 000	13 133 000	9 933 000	7 707 000
Unpaid Taxes	4 254 000	4 644 000	3 863 000	3 926 000
Dividends	0	0	6 800 000	7 900 000
Other Current Debt	2 693 000	3 079 000	9 602 000	9 892 000
Total Current Debt	49 870 000	43 464 000	41 859 000	39 999 000
Total Equity and Debt	73 463 000	62 760 000	59 776 000	57 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,21 %	7,15 %	42,53 %	24,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,77 %	2,05 %	10,31 %	6,52 %
Current Ratio	1,31	1,25	1,27	1,25
Quick Ratio	155,95	14,49	117,29	13,84
Equity Ratio	0,32	0,31	0,3	0,3
Gross Profit Margin	43,44 %	39,15 %	44,7 %	44,37 %