PRODEV AS

1446 DRØBAK

Finances

Return on Equity

−46,81 %

Current Ratio

0,28

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 000	2 347 000	31 222 000	0
Net Income	−3 861 000	7 611 000	1 446 000	−812 000
Total Assets	38 616 000	47 139 000	33 133 000	28 166 000
Total Equity	8 248 000	12 109 000	4 498 000	3 052 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 000	2 347 000	31 222 000	0
Expenditure	3 091 000	2 252 000	28 554 000	651 000
Operating Profit	−3 014 000	94 000	2 668 000	−651 000
Financial Income	414 000	10 420 000	49 000	222 000
Financial Costs	1 261 000	777 000	1 266 000	383 000
Financial Balance	−847 000	9 643 000	−1 217 000	−161 000
Earnings Before Tax	−3 861 000	9 738 000	1 450 000	−812 000
Tax	0	2 127 000	5 000	0
Net Income	−3 861 000	7 611 000	1 446 000	−812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 133 000	19 812 000	4 396 000	4 058 000
Total Current Assets	3 483 000	27 326 000	28 737 000	24 107 000
Total Assets	38 616 000	47 139 000	33 133 000	28 166 000
Total Retained Equity	4 348 000	8 209 000	598 000	−848 000
Total Equity	8 248 000	12 109 000	4 498 000	3 052 000
Total Long-Term Debt	17 860 000	17 935 000	16 535 000	16 419 000
Total Current Debt	12 508 000	17 095 000	12 100 000	8 695 000
Total Equity and Debt	38 616 000	47 139 000	33 133 000	28 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 000	50 000	30 110 000	0
Other Income	0	2 297 000	1 112 000	0
Revenue	77 000	2 347 000	31 222 000	0
Cost of Goods Sold	0	0	26 702 000	0
Salary Costs	2 794 000	1 787 000	1 235 000	451 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 091 000	2 252 000	28 554 000	651 000
Operating Profit	−3 014 000	94 000	2 668 000	−651 000
Financial Income	414 000	10 420 000	49 000	222 000
Financial Costs	1 261 000	777 000	1 266 000	383 000
Financial Balance	−847 000	9 643 000	−1 217 000	−161 000
Dividends	0	0	0	0
Net Income	−3 861 000	7 611 000	1 446 000	−812 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 029 000	12 263 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 029 000	12 263 000	0	0
Total Fiancial Fixed Assets	8 104 000	7 549 000	4 396 000	4 058 000
Total Fixed Assets	35 133 000	19 812 000	4 396 000	4 058 000
Stock	2 927 000	16 035 000	25 569 000	23 865 000
Total Investments	0	0	0	0
Cash, Bank	438 000	985 000	2 737 000	242 000
Total Current Assets	3 483 000	27 326 000	28 737 000	24 107 000
Total Assets	38 616 000	47 139 000	33 133 000	28 166 000
Total Equity	8 248 000	12 109 000	4 498 000	3 052 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 860 000	17 935 000	16 535 000	16 419 000
Creditors	326 000	234 000	182 000	137 000
Unpaid Taxes	151 000	129 000	101 000	20 000
Dividends	0	0	0	0
Other Current Debt	12 031 000	14 605 000	11 812 000	8 537 000
Total Current Debt	12 508 000	17 095 000	12 100 000	8 695 000
Total Equity and Debt	38 616 000	47 139 000	33 133 000	28 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,81 %	62,85 %	32,15 %	−26,61 %
Debt-to-Equity Ratio	2,17	1,48	3,68	5,38
Operating Profit Margin	−3 914,29 %	4,01 %	8,55 %	-
Current Ratio	0,28	1,6	2,37	2,77
Quick Ratio	0,36	25,78	−2,13	−1,59
Equity Ratio	0,21	0,26	0,14	0,11
Gross Profit Margin	100 %	100 %	14,48 %	-