PROVENT AS

5519 HAUGESUND

Finances

Return on Equity

13,68 %

Current Ratio

0,51

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 263 000	1 374 000	1 200 000	1 033 000
Net Income	318 000	470 000	403 000	381 000
Total Assets	5 287 000	5 297 000	4 847 000	4 760 000
Total Equity	2 324 000	2 406 000	2 136 000	1 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 263 000	1 374 000	1 200 000	1 033 000
Expenditure	766 000	690 000	587 000	435 000
Operating Profit	498 000	684 000	613 000	598 000
Financial Income	0	0	0	0
Financial Costs	89 000	82 000	96 000	111 000
Financial Balance	−89 000	−82 000	−96 000	−111 000
Earnings Before Tax	408 000	602 000	517 000	488 000
Tax	90 000	133 000	114 000	107 000
Net Income	318 000	470 000	403 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 826 000	4 106 000	3 819 000	3 749 000
Total Current Assets	461 000	1 191 000	1 028 000	1 011 000
Total Assets	5 287 000	5 297 000	4 847 000	4 760 000
Total Retained Equity	2 215 000	2 297 000	2 027 000	1 824 000
Total Equity	2 324 000	2 406 000	2 136 000	1 933 000
Total Long-Term Debt	2 062 000	2 205 000	2 346 000	2 462 000
Total Current Debt	901 000	686 000	365 000	365 000
Total Equity and Debt	5 287 000	5 297 000	4 847 000	4 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 000	0
Other Income	1 263 000	1 374 000	1 197 000	1 033 000
Revenue	1 263 000	1 374 000	1 200 000	1 033 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	271 000	129 000	104 000	78 000
Impairment	0	0	0	0
Expenditure	766 000	690 000	587 000	435 000
Operating Profit	498 000	684 000	613 000	598 000
Financial Income	0	0	0	0
Financial Costs	89 000	82 000	96 000	111 000
Financial Balance	−89 000	−82 000	−96 000	−111 000
Dividends	400 000	200 000	200 000	200 000
Net Income	318 000	470 000	403 000	381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 428 000	3 173 000	2 936 000	2 912 000
Machinery and Plant Facilities	48 000	62 000	77 000	0
Fixtures	850 000	304 000	153 000	97 000
Total Tangible Assets	4 326 000	3 539 000	3 166 000	3 009 000
Total Fiancial Fixed Assets	500 000	567 000	653 000	740 000
Total Fixed Assets	4 826 000	4 106 000	3 819 000	3 749 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	314 000	1 053 000	630 000	895 000
Total Current Assets	461 000	1 191 000	1 028 000	1 011 000
Total Assets	5 287 000	5 297 000	4 847 000	4 760 000
Total Equity	2 324 000	2 406 000	2 136 000	1 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 062 000	2 205 000	2 346 000	2 462 000
Creditors	372 000	374 000	18 000	13 000
Unpaid Taxes	34 000	−25 000	46 000	0
Dividends	400 000	200 000	200 000	200 000
Other Current Debt	405 000	205 000	205 000	246 000
Total Current Debt	901 000	686 000	365 000	365 000
Total Equity and Debt	5 287 000	5 297 000	4 847 000	4 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,68 %	19,53 %	18,87 %	19,71 %
Debt-to-Equity Ratio	0,89	0,92	1,1	1,27
Operating Profit Margin	39,43 %	49,78 %	51,08 %	57,89 %
Current Ratio	0,51	1,74	2,82	2,77
Quick Ratio	0,51	1,74	2,82	2,77
Equity Ratio	0,44	0,45	0,44	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %