PROVATO AS

8514 NARVIK

Finances

Return on Equity

5,77 %

Current Ratio

31,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	435 000	207 000	67 000	88 000
Net Income	1 835 000	−242 000	856 000	−1 748 000
Total Assets	32 545 000	34 252 000	36 635 000	41 222 000
Total Equity	31 811 000	31 075 000	32 967 000	33 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	435 000	207 000	67 000	88 000
Expenditure	548 000	582 000	647 000	3 257 000
Operating Profit	−114 000	−375 000	−581 000	−3 170 000
Financial Income	1 974 000	135 000	1 926 000	2 245 000
Financial Costs	26 000	2 000	490 000	823 000
Financial Balance	1 948 000	133 000	1 436 000	1 422 000
Earnings Before Tax	1 835 000	−242 000	856 000	−1 748 000
Tax	0	0	0	0
Net Income	1 835 000	−242 000	856 000	−1 748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 422 000	8 625 000	8 976 000	9 662 000
Total Current Assets	23 123 000	25 626 000	27 659 000	31 560 000
Total Assets	32 545 000	34 252 000	36 635 000	41 222 000
Total Retained Equity	31 761 000	31 025 000	32 917 000	33 750 000
Total Equity	31 811 000	31 075 000	32 967 000	33 800 000
Total Long-Term Debt	0	0	2 292 000	6 045 000
Total Current Debt	734 000	3 177 000	1 377 000	1 377 000
Total Equity and Debt	32 545 000	34 252 000	36 635 000	41 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	435 000	160 000	67 000	88 000
Other Income	0	47 000	0	0
Revenue	435 000	207 000	67 000	88 000
Cost of Goods Sold	3 000	0	25 000	1 000
Salary Costs	42 000	2 000	0	2 000
Depreciation	306 000	396 000	387 000	435 000
Impairment	0	0	0	2 352 000
Expenditure	548 000	582 000	647 000	3 257 000
Operating Profit	−114 000	−375 000	−581 000	−3 170 000
Financial Income	1 974 000	135 000	1 926 000	2 245 000
Financial Costs	26 000	2 000	490 000	823 000
Financial Balance	1 948 000	133 000	1 436 000	1 422 000
Dividends	0	0	0	0
Net Income	1 835 000	−242 000	856 000	−1 748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 281 000	8 549 000	8 870 000	9 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	77 000	106 000	470 000
Total Tangible Assets	8 366 000	8 625 000	8 976 000	9 662 000
Total Fiancial Fixed Assets	1 056 000	0	0	0
Total Fixed Assets	9 422 000	8 625 000	8 976 000	9 662 000
Stock	1 108 000	1 108 000	1 078 000	1 000 000
Total Investments	17 251 000	18 819 000	17 956 000	18 174 000
Cash, Bank	3 925 000	4 907 000	7 843 000	11 610 000
Total Current Assets	23 123 000	25 626 000	27 659 000	31 560 000
Total Assets	32 545 000	34 252 000	36 635 000	41 222 000
Total Equity	31 811 000	31 075 000	32 967 000	33 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 292 000	6 045 000
Creditors	0	0	0	0
Unpaid Taxes	15 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	719 000	2 407 000	1 377 000	1 377 000
Total Current Debt	734 000	3 177 000	1 377 000	1 377 000
Total Equity and Debt	32 545 000	34 252 000	36 635 000	41 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,77 %	−0,78 %	2,6 %	−5,17 %
Debt-to-Equity Ratio	0	0	0,07	0,18
Operating Profit Margin	−26,21 %	−181,16 %	−867,16 %	−3 602,27 %
Current Ratio	31,5	8,07	20,09	22,92
Quick Ratio	−61,83	12,39	92,51	83,71
Equity Ratio	0,98	0,91	0,9	0,82
Gross Profit Margin	99,31 %	100 %	62,69 %	98,86 %