PROVEN NORDIC AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

11,73 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	941 000	422 000	1 308 000	1 581 000
Net Income	23 000	−10 000	−46 000	118 000
Total Assets	1 057 000	843 000	828 000	809 000
Total Equity	196 000	174 000	184 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	941 000	422 000	1 308 000	1 581 000
Expenditure	915 000	436 000	1 354 000	1 433 000
Operating Profit	26 000	−15 000	−46 000	148 000
Financial Income	4 000	0	13 000	16 000
Financial Costs	6 000	4 000	13 000	12 000
Financial Balance	−2 000	−4 000	0	4 000
Earnings Before Tax	24 000	−19 000	−47 000	152 000
Tax	1 000	−9 000	−1 000	34 000
Net Income	23 000	−10 000	−46 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	393 000	575 000	530 000
Total Current Assets	951 000	450 000	253 000	279 000
Total Assets	1 057 000	843 000	828 000	809 000
Total Retained Equity	166 000	144 000	154 000	200 000
Total Equity	196 000	174 000	184 000	230 000
Total Long-Term Debt	42 000	160 000	244 000	−7 000
Total Current Debt	819 000	509 000	400 000	586 000
Total Equity and Debt	1 057 000	843 000	828 000	809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	941 000	422 000	1 308 000	1 581 000
Other Income	0	0	0	0
Revenue	941 000	422 000	1 308 000	1 581 000
Cost of Goods Sold	239 000	209 000	184 000	217 000
Salary Costs	475 000	0	520 000	414 000
Depreciation	0	0	6 000	8 000
Impairment	0	0	0	0
Expenditure	915 000	436 000	1 354 000	1 433 000
Operating Profit	26 000	−15 000	−46 000	148 000
Financial Income	4 000	0	13 000	16 000
Financial Costs	6 000	4 000	13 000	12 000
Financial Balance	−2 000	−4 000	0	4 000
Dividends	0	0	0	0
Net Income	23 000	−10 000	−46 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	326 000	0	0
Total Intangible Assets	0	326 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	105 000	67 000	575 000	524 000
Total Fixed Assets	105 000	393 000	575 000	530 000
Stock	558 000	402 000	204 000	109 000
Total Investments	0	0	0	0
Cash, Bank	94 000	15 000	21 000	20 000
Total Current Assets	951 000	450 000	253 000	279 000
Total Assets	1 057 000	843 000	828 000	809 000
Total Equity	196 000	174 000	184 000	230 000
Short-Term Group Debt	34 000	34 000	34 000	34 000
Total Long-Term Debt	42 000	160 000	244 000	−7 000
Creditors	331 000	296 000	137 000	77 000
Unpaid Taxes	21 000	4 000	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	432 000	176 000	228 000	433 000
Total Current Debt	819 000	509 000	400 000	586 000
Total Equity and Debt	1 057 000	843 000	828 000	809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,73 %	−5,75 %	−25 %	51,3 %
Debt-to-Equity Ratio	0,21	0,92	1,33	−0,03
Operating Profit Margin	2,76 %	−3,55 %	−3,52 %	9,36 %
Current Ratio	1,16	0,88	0,63	0,48
Quick Ratio	3,64	4,21	1,29	0,58
Equity Ratio	0,19	0,21	0,22	0,28
Gross Profit Margin	74,6 %	50,47 %	85,93 %	86,27 %