PROVIDENSIA AS

1354 BÆRUMS VERK

Finances

Return on Equity

12,88 %

Current Ratio

11,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 863 000	1 817 000	1 851 000	1 853 000
Net Income	460 000	937 000	795 000	721 000
Total Assets	3 918 000	3 619 000	2 823 000	2 031 000
Total Equity	3 572 000	3 028 000	2 362 000	1 558 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 863 000	1 817 000	1 851 000	1 853 000
Expenditure	927 000	997 000	964 000	1 018 000
Operating Profit	936 000	820 000	888 000	835 000
Financial Income	0	382 000	132 000	102 000
Financial Costs	346 000	0	0	0
Financial Balance	−346 000	382 000	132 000	102 000
Earnings Before Tax	590 000	1 201 000	1 020 000	936 000
Tax	130 000	264 000	224 000	215 000
Net Income	460 000	937 000	795 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	16 000	0	0
Total Current Assets	3 907 000	3 604 000	2 823 000	2 031 000
Total Assets	3 918 000	3 619 000	2 823 000	2 031 000
Total Retained Equity	3 540 000	2 995 000	2 329 000	0
Total Equity	3 572 000	3 028 000	2 362 000	1 558 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	346 000	592 000	461 000	473 000
Total Equity and Debt	3 918 000	3 619 000	2 823 000	2 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 863 000	1 817 000	1 851 000	1 853 000
Other Income	0	0	0	0
Revenue	1 863 000	1 817 000	1 851 000	1 853 000
Cost of Goods Sold	37 000	4 000	39 000	93 000
Salary Costs	796 000	917 000	871 000	872 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	927 000	997 000	964 000	1 018 000
Operating Profit	936 000	820 000	888 000	835 000
Financial Income	0	382 000	132 000	102 000
Financial Costs	346 000	0	0	0
Financial Balance	−346 000	382 000	132 000	102 000
Dividends	0	300 000	0	0
Net Income	460 000	937 000	795 000	721 000

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	11 000	16 000	0	0
Total Tangible Assets	11 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	16 000	0	0
Stock	0	0	0	0
Total Investments	3 615 000	3 402 000	2 560 000	1 623 000
Cash, Bank	292 000	202 000	263 000	408 000
Total Current Assets	3 907 000	3 604 000	2 823 000	2 031 000
Total Assets	3 918 000	3 619 000	2 823 000	2 031 000
Total Equity	3 572 000	3 028 000	2 362 000	1 558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	12 000	8 000	36 000
Unpaid Taxes	129 000	137 000	150 000	138 000
Dividends	0	300 000	0	0
Other Current Debt	79 000	79 000	79 000	84 000
Total Current Debt	346 000	592 000	461 000	473 000
Total Equity and Debt	3 918 000	3 619 000	2 823 000	2 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,88 %	30,94 %	33,66 %	46,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,24 %	45,13 %	47,97 %	45,06 %
Current Ratio	11,29	6,09	6,12	4,29
Quick Ratio	11,29	6,09	6,12	4,29
Equity Ratio	0,91	0,84	0,84	0,77
Gross Profit Margin	98,01 %	99,78 %	97,89 %	94,98 %