PROMENADEN MANAGEMENT AS

0157 OSLO

Finances

Share Ownership

Return on Equity

7,38 %

Current Ratio

2,05

Debt-to-Equity Ratio

−1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 181 000	33 971 000	41 203 000	42 523 000
Net Income	−2 606 000	−1 193 000	1 928 000	−2 998 000
Total Assets	22 178 000	21 324 000	21 469 000	17 749 000
Total Equity	−35 327 000	−32 720 000	−31 528 000	−33 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 181 000	33 971 000	41 203 000	42 523 000
Expenditure	38 506 000	33 893 000	38 038 000	43 250 000
Operating Profit	−1 325 000	79 000	3 165 000	−728 000
Financial Income	38 000	2 000	15 000	24 000
Financial Costs	1 319 000	1 273 000	1 252 000	2 294 000
Financial Balance	−1 281 000	−1 271 000	−1 237 000	−2 270 000
Earnings Before Tax	−2 606 000	−1 193 000	1 928 000	−2 998 000
Tax	0	0	0	0
Net Income	−2 606 000	−1 193 000	1 928 000	−2 998 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	450 000	911 000	1 372 000
Total Current Assets	22 111 000	20 874 000	20 558 000	16 377 000
Total Assets	22 178 000	21 324 000	21 469 000	17 749 000
Total Retained Equity	−35 527 000	−32 920 000	−31 728 000	−33 655 000
Total Equity	−35 327 000	−32 720 000	−31 528 000	−33 455 000
Total Long-Term Debt	46 732 000	45 413 000	44 143 000	42 915 000
Total Current Debt	10 773 000	8 631 000	8 854 000	8 289 000
Total Equity and Debt	22 178 000	21 324 000	21 469 000	17 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 214 000	28 687 000	37 675 000	39 073 000
Other Income	5 968 000	5 284 000	3 528 000	3 450 000
Revenue	37 181 000	33 971 000	41 203 000	42 523 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 607 000	21 888 000	21 596 000	22 572 000
Depreciation	382 000	461 000	461 000	721 000
Impairment	0	0	0	0
Expenditure	38 506 000	33 893 000	38 038 000	43 250 000
Operating Profit	−1 325 000	79 000	3 165 000	−728 000
Financial Income	38 000	2 000	15 000	24 000
Financial Costs	1 319 000	1 273 000	1 252 000	2 294 000
Financial Balance	−1 281 000	−1 271 000	−1 237 000	−2 270 000
Dividends	0	0	0	0
Net Income	−2 606 000	−1 193 000	1 928 000	−2 998 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	46 000	89 000
Real Eastate	0	328 000	687 000	1 045 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	51 000	112 000	172 000
Total Tangible Assets	68 000	446 000	864 000	1 283 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	450 000	911 000	1 372 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 330 000	9 597 000	10 105 000	1 565 000
Total Current Assets	22 111 000	20 874 000	20 558 000	16 377 000
Total Assets	22 178 000	21 324 000	21 469 000	17 749 000
Total Equity	−35 327 000	−32 720 000	−31 528 000	−33 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	46 732 000	45 413 000	44 143 000	42 915 000
Creditors	1 420 000	222 000	1 281 000	2 994 000
Unpaid Taxes	4 621 000	5 654 000	4 434 000	3 664 000
Dividends	0	0	0	0
Other Current Debt	4 732 000	2 754 000	3 140 000	1 630 000
Total Current Debt	10 773 000	8 631 000	8 854 000	8 289 000
Total Equity and Debt	22 178 000	21 324 000	21 469 000	17 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,38 %	3,65 %	−6,12 %	8,96 %
Debt-to-Equity Ratio	−1,32	−1,39	−1,4	−1,28
Operating Profit Margin	−3,56 %	0,23 %	7,68 %	−1,71 %
Current Ratio	2,05	2,42	2,32	1,98
Quick Ratio	2,05	2,42	2,32	1,98
Equity Ratio	−1,59	−1,53	−1,47	−1,88
Gross Profit Margin	100 %	100 %	100 %	100 %