PROVANG AS

1519 MOSS

Finances

Share Ownership

Return on Equity

−0,65 %

Current Ratio

4,37

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	679 000	959 000	841 000	665 000
Net Income	−2 000	39 000	68 000	105 000
Total Assets	668 000	941 000	586 000	589 000
Total Equity	309 000	312 000	273 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	679 000	959 000	841 000	665 000
Expenditure	667 000	908 000	746 000	524 000
Operating Profit	12 000	51 000	95 000	140 000
Financial Income	0	0	0	0
Financial Costs	15 000	9 000	8 000	6 000
Financial Balance	−15 000	−9 000	−8 000	−6 000
Earnings Before Tax	−2 000	42 000	87 000	134 000
Tax	0	3 000	19 000	28 000
Net Income	−2 000	39 000	68 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	506 000	256 000	332 000
Total Current Assets	271 000	436 000	330 000	258 000
Total Assets	668 000	941 000	586 000	589 000
Total Retained Equity	279 000	287 000	248 000	180 000
Total Equity	309 000	312 000	273 000	204 000
Total Long-Term Debt	297 000	334 000	203 000	232 000
Total Current Debt	62 000	295 000	110 000	153 000
Total Equity and Debt	668 000	941 000	586 000	589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	825 000	841 000	665 000
Other Income	0	134 000	0	0
Revenue	679 000	959 000	841 000	665 000
Cost of Goods Sold	16 000	37 000	92 000	28 000
Salary Costs	148 000	466 000	248 000	183 000
Depreciation	108 000	101 000	76 000	63 000
Impairment	0	0	0	0
Expenditure	667 000	908 000	746 000	524 000
Operating Profit	12 000	51 000	95 000	140 000
Financial Income	0	0	0	0
Financial Costs	15 000	9 000	8 000	6 000
Financial Balance	−15 000	−9 000	−8 000	−6 000
Dividends	0	0	0	0
Net Income	−2 000	39 000	68 000	105 000

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	397 000	506 000	256 000	332 000
Total Tangible Assets	397 000	506 000	256 000	332 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	397 000	506 000	256 000	332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	223 000	338 000	274 000	216 000
Total Current Assets	271 000	436 000	330 000	258 000
Total Assets	668 000	941 000	586 000	589 000
Total Equity	309 000	312 000	273 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	297 000	334 000	203 000	232 000
Creditors	24 000	2 000	4 000	3 000
Unpaid Taxes	19 000	234 000	48 000	65 000
Dividends	0	0	0	0
Other Current Debt	30 000	50 000	31 000	57 000
Total Current Debt	62 000	295 000	110 000	153 000
Total Equity and Debt	668 000	941 000	586 000	589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,65 %	12,5 %	24,91 %	51,47 %
Debt-to-Equity Ratio	0,96	1,07	0,74	1,14
Operating Profit Margin	1,77 %	5,32 %	11,3 %	21,05 %
Current Ratio	4,37	1,48	3	1,69
Quick Ratio	4,37	1,48	3	1,69
Equity Ratio	0,46	0,33	0,47	0,35
Gross Profit Margin	97,64 %	96,14 %	89,06 %	95,79 %