PROVENCEHUS AS

8445 MELBU

Finances

Return on Equity

−17,03 %

Current Ratio

3,32

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	511 000	122 000	48 000	317 000
Net Income	−469 000	1 647 000	768 000	147 000
Total Assets	4 448 000	4 052 000	4 896 000	4 167 000
Total Equity	2 754 000	2 632 000	3 685 000	2 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	511 000	122 000	48 000	317 000
Expenditure	876 000	397 000	262 000	608 000
Operating Profit	−364 000	−275 000	−213 000	−291 000
Financial Income	14 000	2 227 000	1 009 000	463 000
Financial Costs	118 000	306 000	28 000	9 000
Financial Balance	−104 000	1 921 000	981 000	454 000
Earnings Before Tax	−469 000	1 647 000	768 000	163 000
Tax	0	0	0	16 000
Net Income	−469 000	1 647 000	768 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 562 000	2 563 000	2 580 000	2 598 000
Total Current Assets	886 000	1 489 000	2 316 000	1 569 000
Total Assets	4 448 000	4 052 000	4 896 000	4 167 000
Total Retained Equity	2 557 000	2 435 000	3 488 000	2 720 000
Total Equity	2 754 000	2 632 000	3 685 000	2 917 000
Total Long-Term Debt	1 427 000	0	0	0
Total Current Debt	267 000	1 420 000	1 211 000	1 250 000
Total Equity and Debt	4 448 000	4 052 000	4 896 000	4 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	454 000	114 000	0	262 000
Other Income	57 000	9 000	48 000	54 000
Revenue	511 000	122 000	48 000	317 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	353 000	0	0	0
Depreciation	18 000	18 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	876 000	397 000	262 000	608 000
Operating Profit	−364 000	−275 000	−213 000	−291 000
Financial Income	14 000	2 227 000	1 009 000	463 000
Financial Costs	118 000	306 000	28 000	9 000
Financial Balance	−104 000	1 921 000	981 000	454 000
Dividends	0	2 700 000	0	0
Net Income	−469 000	1 647 000	768 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 654 000	1 672 000	1 690 000	1 707 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 908 000	391 000	391 000	391 000
Total Tangible Assets	3 562 000	2 063 000	2 080 000	2 098 000
Total Fiancial Fixed Assets	0	500 000	500 000	500 000
Total Fixed Assets	3 562 000	2 563 000	2 580 000	2 598 000
Stock	0	0	0	0
Total Investments	330 000	315 000	1 167 000	677 000
Cash, Bank	475 000	794 000	851 000	521 000
Total Current Assets	886 000	1 489 000	2 316 000	1 569 000
Total Assets	4 448 000	4 052 000	4 896 000	4 167 000
Total Equity	2 754 000	2 632 000	3 685 000	2 917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 427 000	0	0	0
Creditors	60 000	1 000	2 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	2 700 000	0	0
Other Current Debt	206 000	1 419 000	1 209 000	1 228 000
Total Current Debt	267 000	1 420 000	1 211 000	1 250 000
Total Equity and Debt	4 448 000	4 052 000	4 896 000	4 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,03 %	62,58 %	20,84 %	5,04 %
Debt-to-Equity Ratio	0,52	0	0	0
Operating Profit Margin	−71,23 %	−225,41 %	−443,75 %	−91,8 %
Current Ratio	3,32	1,05	1,91	1,26
Quick Ratio	3,32	1,05	1,91	1,26
Equity Ratio	0,62	0,65	0,75	0,7
Gross Profit Margin	97,85 %	100 %	100 %	100 %