PROVENCE RESTAURANT AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−40,29 %

Current Ratio

0,31

Debt-to-Equity Ratio

−0,69

Key figures (NOK)	2022	2021	2020
Revenue	7 247 000	5 400 000	3 408 000
Net Income	220 000	−287 000	−504 000
Total Assets	1 833 000	1 069 000	1 282 000
Total Equity	−546 000	−767 000	−480 000

Income (NOK)	2022	2021	2020
Revenue	7 247 000	5 400 000	3 408 000
Expenditure	7 024 000	5 684 000	3 911 000
Operating Profit	223 000	−284 000	−503 000
Financial Income	2 000	0	0
Financial Costs	5 000	2 000	2 000
Financial Balance	−3 000	−2 000	−2 000
Earnings Before Tax	220 000	−287 000	−504 000
Tax	0	0	0
Net Income	220 000	−287 000	−504 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 221 000	748 000	869 000
Total Current Assets	612 000	321 000	413 000
Total Assets	1 833 000	1 069 000	1 282 000
Total Retained Equity	−571 000	−791 000	−504 000
Total Equity	−546 000	−767 000	−480 000
Total Long-Term Debt	378 000	378 000	378 000
Total Current Debt	2 002 000	1 458 000	1 384 000
Total Equity and Debt	1 833 000	1 069 000	1 282 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 058 000	4 975 000	3 361 000
Other Income	189 000	425 000	47 000
Revenue	7 247 000	5 400 000	3 408 000
Cost of Goods Sold	2 080 000	1 710 000	1 337 000
Salary Costs	3 011 000	2 269 000	1 723 000
Depreciation	141 000	120 000	60 000
Impairment	0	0	0
Expenditure	7 024 000	5 684 000	3 911 000
Operating Profit	223 000	−284 000	−503 000
Financial Income	2 000	0	0
Financial Costs	5 000	2 000	2 000
Financial Balance	−3 000	−2 000	−2 000
Dividends	0	0	0
Net Income	220 000	−287 000	−504 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 221 000	748 000	869 000
Total Tangible Assets	1 221 000	748 000	869 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 221 000	748 000	869 000
Stock	68 000	79 000	52 000
Total Investments	0	0	0
Cash, Bank	448 000	162 000	354 000
Total Current Assets	612 000	321 000	413 000
Total Assets	1 833 000	1 069 000	1 282 000
Total Equity	−546 000	−767 000	−480 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	378 000	378 000	378 000
Creditors	340 000	385 000	335 000
Unpaid Taxes	291 000	199 000	312 000
Dividends	0	0	0
Other Current Debt	1 370 000	874 000	737 000
Total Current Debt	2 002 000	1 458 000	1 384 000
Total Equity and Debt	1 833 000	1 069 000	1 282 000

Financial indicators	2022	2021	2020
Return on Equity	−40,29 %	37,42 %	105 %
Debt-to-Equity Ratio	−0,69	−0,49	−0,79
Operating Profit Margin	3,08 %	−5,26 %	−14,76 %
Current Ratio	0,31	0,22	0,3
Quick Ratio	0,32	0,23	0,31
Equity Ratio	−0,3	−0,72	−0,37
Gross Profit Margin	71,3 %	68,33 %	60,77 %