PROVENY AS

4633 KRISTIANSAND S

Finances

Return on Equity

−293,42 %

Current Ratio

0,35

Debt-to-Equity Ratio

6,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	212 000	50 000
Net Income	−1 916 000	−8 557 000	−2 975 000	−929 000
Total Assets	26 278 000	32 285 000	41 253 000	41 805 000
Total Equity	653 000	−12 430 000	−3 874 000	−899 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	212 000	50 000
Expenditure	683 000	860 000	918 000	616 000
Operating Profit	−683 000	−860 000	−707 000	−566 000
Financial Income	6 596 000	486 000	574 000	467 000
Financial Costs	7 830 000	8 183 000	2 843 000	832 000
Financial Balance	−1 234 000	−7 697 000	−2 269 000	−365 000
Earnings Before Tax	−1 916 000	−8 557 000	−2 975 000	−930 000
Tax	0	0	0	−2 000
Net Income	−1 916 000	−8 557 000	−2 975 000	−929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 885 000	31 440 000	37 435 000	41 060 000
Total Current Assets	7 393 000	845 000	3 818 000	745 000
Total Assets	26 278 000	32 285 000	41 253 000	41 805 000
Total Retained Equity	−14 377 000	−12 460 000	−3 904 000	−929 000
Total Equity	653 000	−12 430 000	−3 874 000	−899 000
Total Long-Term Debt	4 541 000	5 325 000	6 049 000	0
Total Current Debt	21 083 000	39 390 000	39 078 000	42 704 000
Total Equity and Debt	26 278 000	32 285 000	41 253 000	41 805 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	212 000	50 000
Other Income	0	0	0	0
Revenue	0	0	212 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	86 000	68 000	415 000	244 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	683 000	860 000	918 000	616 000
Operating Profit	−683 000	−860 000	−707 000	−566 000
Financial Income	6 596 000	486 000	574 000	467 000
Financial Costs	7 830 000	8 183 000	2 843 000	832 000
Financial Balance	−1 234 000	−7 697 000	−2 269 000	−365 000
Dividends	0	0	0	0
Net Income	−1 916 000	−8 557 000	−2 975 000	−929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	18 885 000	31 440 000	37 435 000	41 060 000
Total Fixed Assets	18 885 000	31 440 000	37 435 000	41 060 000
Stock	0	0	0	0
Total Investments	0	0	0	200 000
Cash, Bank	1 114 000	262 000	81 000	256 000
Total Current Assets	7 393 000	845 000	3 818 000	745 000
Total Assets	26 278 000	32 285 000	41 253 000	41 805 000
Total Equity	653 000	−12 430 000	−3 874 000	−899 000
Short-Term Group Debt	11 521 000	39 301 000	39 001 000	42 585 000
Total Long-Term Debt	4 541 000	5 325 000	6 049 000	0
Creditors	44 000	67 000	46 000	29 000
Unpaid Taxes	0	0	4 000	21 000
Dividends	0	0	0	0
Other Current Debt	9 519 000	22 000	26 000	68 000
Total Current Debt	21 083 000	39 390 000	39 078 000	42 704 000
Total Equity and Debt	26 278 000	32 285 000	41 253 000	41 805 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−293,42 %	68,84 %	76,79 %	103,34 %
Debt-to-Equity Ratio	6,95	−0,43	−1,56	−0
Operating Profit Margin	-	-	−333,49 %	−1 132 %
Current Ratio	0,35	0,02	0,1	0,02
Quick Ratio	0,35	0,02	0,1	0,02
Equity Ratio	0,02	−0,39	−0,09	−0,02
Gross Profit Margin	-	-	100 %	100 %