PROVTEK AS

1272 OSLO

Finances

Share Ownership

Return on Equity

25,97 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000	46 000	124 000	0
Net Income	−67 000	−124 000	−90 000	−2 000
Total Assets	40 000	−103 000	23 000	2 000
Total Equity	−258 000	−191 000	−68 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000	46 000	124 000	0
Expenditure	69 000	169 000	214 000	2 000
Operating Profit	−67 000	−124 000	−90 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−67 000	−124 000	−90 000	−2 000
Tax	0	0	0	0
Net Income	−67 000	−124 000	−90 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	16 000	0	0
Total Current Assets	30 000	−118 000	23 000	2 000
Total Assets	40 000	−103 000	23 000	2 000
Total Retained Equity	−288 000	−216 000	−92 000	−2 000
Total Equity	−258 000	−191 000	−68 000	22 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	298 000	89 000	90 000	−20 000
Total Equity and Debt	40 000	−103 000	23 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	46 000	124 000	0
Other Income	0	0	0	0
Revenue	2 000	46 000	124 000	0
Cost of Goods Sold	32 000	91 000	47 000	0
Salary Costs	0	0	20 000	0
Depreciation	6 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	69 000	169 000	214 000	2 000
Operating Profit	−67 000	−124 000	−90 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−67 000	−124 000	−90 000	−2 000

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	10 000	16 000	0	0
Total Tangible Assets	10 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	16 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−1 000	−127 000	13 000	2 000
Total Current Assets	30 000	−118 000	23 000	2 000
Total Assets	40 000	−103 000	23 000	2 000
Total Equity	−258 000	−191 000	−68 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	0	0
Unpaid Taxes	0	−18 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	103 000	103 000	87 000	−20 000
Total Current Debt	298 000	89 000	90 000	−20 000
Total Equity and Debt	40 000	−103 000	23 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,97 %	64,92 %	132,35 %	−9,09 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−3 350 %	−269,57 %	−72,58 %	-
Current Ratio	0,1	−1,33	0,26	−0,1
Quick Ratio	0,1	−1,33	0,26	−0,1
Equity Ratio	−6,45	1,85	−2,96	11
Gross Profit Margin	−1 500 %	−97,83 %	62,1 %	-