PROVENDO AS

3736 SKIEN

Finances

Return on Equity

23,24 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 408 000	11 171 000	11 840 000	11 150 000
Net Income	712 000	1 408 000	148 000	879 000
Total Assets	7 678 000	5 226 000	4 780 000	5 438 000
Total Equity	3 064 000	2 353 000	1 747 000	1 598 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 408 000	11 171 000	11 840 000	11 150 000
Expenditure	13 015 000	9 815 000	11 770 000	10 212 000
Operating Profit	393 000	1 356 000	71 000	938 000
Financial Income	491 000	36 000	43 000	3 000
Financial Costs	101 000	31 000	64 000	71 000
Financial Balance	390 000	5 000	−21 000	−68 000
Earnings Before Tax	783 000	1 361 000	49 000	871 000
Tax	71 000	−46 000	−99 000	−9 000
Net Income	712 000	1 408 000	148 000	879 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 310 000	674 000	554 000	434 000
Total Current Assets	4 368 000	4 552 000	4 226 000	5 004 000
Total Assets	7 678 000	5 226 000	4 780 000	5 438 000
Total Retained Equity	2 970 000	2 258 000	1 652 000	1 504 000
Total Equity	3 064 000	2 353 000	1 747 000	1 598 000
Total Long-Term Debt	1 440 000	500 000	1 033 000	1 033 000
Total Current Debt	3 174 000	2 373 000	2 000 000	2 807 000
Total Equity and Debt	7 678 000	5 226 000	4 780 000	5 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 021 000	11 018 000	11 778 000	10 011 000
Other Income	387 000	154 000	62 000	1 139 000
Revenue	13 408 000	11 171 000	11 840 000	11 150 000
Cost of Goods Sold	6 851 000	5 409 000	6 538 000	5 222 000
Salary Costs	3 953 000	2 936 000	2 996 000	3 265 000
Depreciation	115 000	114 000	89 000	95 000
Impairment	0	0	0	0
Expenditure	13 015 000	9 815 000	11 770 000	10 212 000
Operating Profit	393 000	1 356 000	71 000	938 000
Financial Income	491 000	36 000	43 000	3 000
Financial Costs	101 000	31 000	64 000	71 000
Financial Balance	390 000	5 000	−21 000	−68 000
Dividends	0	500 000	0	200 000
Net Income	712 000	1 408 000	148 000	879 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	38 000	127 000	0	62 000
Total Intangible Assets	487 000	513 000	339 000	302 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	157 000	94 000	118 000	25 000
Total Tangible Assets	157 000	94 000	118 000	25 000
Total Fiancial Fixed Assets	2 667 000	67 000	97 000	108 000
Total Fixed Assets	3 310 000	674 000	554 000	434 000
Stock	252 000	309 000	252 000	224 000
Total Investments	0	0	0	0
Cash, Bank	1 499 000	772 000	999 000	109 000
Total Current Assets	4 368 000	4 552 000	4 226 000	5 004 000
Total Assets	7 678 000	5 226 000	4 780 000	5 438 000
Total Equity	3 064 000	2 353 000	1 747 000	1 598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 440 000	500 000	1 033 000	1 033 000
Creditors	1 715 000	763 000	843 000	804 000
Unpaid Taxes	498 000	431 000	417 000	549 000
Dividends	0	500 000	0	200 000
Other Current Debt	662 000	679 000	740 000	751 000
Total Current Debt	3 174 000	2 373 000	2 000 000	2 807 000
Total Equity and Debt	7 678 000	5 226 000	4 780 000	5 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,24 %	59,84 %	8,47 %	55,01 %
Debt-to-Equity Ratio	0,47	0,21	0,59	0,65
Operating Profit Margin	2,93 %	12,14 %	0,6 %	8,41 %
Current Ratio	1,38	1,92	2,11	1,78
Quick Ratio	1,49	2,21	2,42	1,94
Equity Ratio	0,4	0,45	0,37	0,29
Gross Profit Margin	48,9 %	51,58 %	44,78 %	53,17 %