PROVEX AS

0355 OSLO

Finances

Return on Equity

6,19 %

Current Ratio

30,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	435 000	589 000	417 000	459 000
Net Income	1 451 000	4 505 000	2 935 000	3 472 000
Total Assets	24 146 000	22 594 000	22 968 000	22 031 000
Total Equity	23 424 000	21 973 000	21 388 000	21 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	435 000	589 000	417 000	459 000
Expenditure	191 000	174 000	136 000	93 000
Operating Profit	244 000	416 000	282 000	367 000
Financial Income	2 434 000	6 182 000	4 861 000	4 098 000
Financial Costs	641 000	1 541 000	1 733 000	495 000
Financial Balance	1 793 000	4 641 000	3 128 000	3 603 000
Earnings Before Tax	1 806 000	5 056 000	3 410 000	3 970 000
Tax	355 000	551 000	475 000	498 000
Net Income	1 451 000	4 505 000	2 935 000	3 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 264 000	2 120 000	2 120 000	1 852 000
Total Current Assets	21 883 000	20 474 000	20 848 000	20 180 000
Total Assets	24 146 000	22 594 000	22 968 000	22 031 000
Total Retained Equity	22 680 000	21 228 000	20 643 000	19 617 000
Total Equity	23 424 000	21 973 000	21 388 000	21 403 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	722 000	621 000	1 577 000	625 000
Total Equity and Debt	24 146 000	22 594 000	22 968 000	22 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	435 000	589 000	417 000	459 000
Other Income	0	0	0	0
Revenue	435 000	589 000	417 000	459 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	191 000	174 000	136 000	93 000
Operating Profit	244 000	416 000	282 000	367 000
Financial Income	2 434 000	6 182 000	4 861 000	4 098 000
Financial Costs	641 000	1 541 000	1 733 000	495 000
Financial Balance	1 793 000	4 641 000	3 128 000	3 603 000
Dividends	0	3 920 000	1 909 000	650 000
Net Income	1 451 000	4 505 000	2 935 000	3 472 000

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	619 000	619 000	619 000	619 000
Total Tangible Assets	619 000	619 000	619 000	619 000
Total Fiancial Fixed Assets	1 645 000	1 501 000	1 501 000	1 232 000
Total Fixed Assets	2 264 000	2 120 000	2 120 000	1 852 000
Stock	0	0	0	0
Total Investments	18 470 000	19 805 000	20 352 000	15 388 000
Cash, Bank	3 399 000	663 000	494 000	4 727 000
Total Current Assets	21 883 000	20 474 000	20 848 000	20 180 000
Total Assets	24 146 000	22 594 000	22 968 000	22 031 000
Total Equity	23 424 000	21 973 000	21 388 000	21 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	34 000	4 000	25 000	7 000
Unpaid Taxes	52 000	32 000	53 000	47 000
Dividends	0	3 920 000	1 909 000	650 000
Other Current Debt	281 000	32 000	1 024 000	73 000
Total Current Debt	722 000	621 000	1 577 000	625 000
Total Equity and Debt	24 146 000	22 594 000	22 968 000	22 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,19 %	20,5 %	13,72 %	16,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,09 %	70,63 %	67,63 %	79,96 %
Current Ratio	30,31	32,97	13,22	32,29
Quick Ratio	30,31	32,97	13,22	32,29
Equity Ratio	0,97	0,97	0,93	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %