PROMENADEN AS

4006 STAVANGER

Finances

Return on Equity

31,99 %

Current Ratio

3,67

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 441 000	3 200 000	2 641 000	3 068 000
Net Income	1 622 000	80 000	279 000	1 217 000
Total Assets	6 304 000	4 867 000	5 435 000	6 085 000
Total Equity	5 070 000	4 061 000	4 594 000	4 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 441 000	3 200 000	2 641 000	3 068 000
Expenditure	1 351 000	3 072 000	2 280 000	1 464 000
Operating Profit	2 090 000	128 000	360 000	1 604 000
Financial Income	13 000	9 000	14 000	29 000
Financial Costs	0	0	0	1 000
Financial Balance	13 000	9 000	14 000	28 000
Earnings Before Tax	2 103 000	137 000	374 000	1 632 000
Tax	481 000	57 000	95 000	415 000
Net Income	1 622 000	80 000	279 000	1 217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 923 000	2 026 000	1 123 000	1 140 000
Total Current Assets	4 381 000	2 841 000	4 312 000	4 945 000
Total Assets	6 304 000	4 867 000	5 435 000	6 085 000
Total Retained Equity	4 962 000	3 953 000	4 486 000	4 820 000
Total Equity	5 070 000	4 061 000	4 594 000	4 928 000
Total Long-Term Debt	41 000	40 000	36 000	33 000
Total Current Debt	1 193 000	766 000	805 000	1 124 000
Total Equity and Debt	6 304 000	4 867 000	5 435 000	6 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 441 000	3 200 000	2 641 000	3 068 000
Revenue	3 441 000	3 200 000	2 641 000	3 068 000
Cost of Goods Sold	0	0	0	0
Salary Costs	413 000	354 000	345 000	340 000
Depreciation	103 000	103 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	1 351 000	3 072 000	2 280 000	1 464 000
Operating Profit	2 090 000	128 000	360 000	1 604 000
Financial Income	13 000	9 000	14 000	29 000
Financial Costs	0	0	0	1 000
Financial Balance	13 000	9 000	14 000	28 000
Dividends	613 000	613 000	613 000	13 000
Net Income	1 622 000	80 000	279 000	1 217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 923 000	2 026 000	1 123 000	1 140 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 923 000	2 026 000	1 123 000	1 140 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 923 000	2 026 000	1 123 000	1 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 348 000	2 815 000	4 266 000	4 904 000
Total Current Assets	4 381 000	2 841 000	4 312 000	4 945 000
Total Assets	6 304 000	4 867 000	5 435 000	6 085 000
Total Equity	5 070 000	4 061 000	4 594 000	4 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	40 000	36 000	33 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	613 000	613 000	613 000	13 000
Other Current Debt	700 000	700 000	700 000	698 000
Total Current Debt	1 193 000	766 000	805 000	1 124 000
Total Equity and Debt	6 304 000	4 867 000	5 435 000	6 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,99 %	1,97 %	6,07 %	24,7 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	60,74 %	4 %	13,63 %	52,28 %
Current Ratio	3,67	3,71	5,36	4,4
Quick Ratio	3,67	3,71	5,36	4,4
Equity Ratio	0,8	0,83	0,85	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %