PROVACC AS

3766 SANNIDAL

Finances

Share Ownership

Return on Equity

127,73 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 168 000	6 269 000	6 095 000	6 493 000
Net Income	783 000	−125 000	−557 000	−232 000
Total Assets	3 457 000	1 922 000	2 257 000	2 609 000
Total Equity	613 000	−170 000	−45 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 168 000	6 269 000	6 095 000	6 493 000
Expenditure	7 330 000	6 386 000	6 630 000	6 720 000
Operating Profit	837 000	−118 000	−535 000	−227 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	25 000	16 000	24 000	18 000
Financial Balance	−23 000	−15 000	−22 000	−16 000
Earnings Before Tax	813 000	−133 000	−557 000	−244 000
Tax	30 000	−8 000	0	−11 000
Net Income	783 000	−125 000	−557 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	114 000	193 000	258 000
Total Current Assets	3 405 000	1 807 000	2 063 000	2 351 000
Total Assets	3 457 000	1 922 000	2 257 000	2 609 000
Total Retained Equity	511 000	−272 000	−147 000	410 000
Total Equity	613 000	−170 000	−45 000	512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 844 000	2 092 000	2 302 000	2 097 000
Total Equity and Debt	3 457 000	1 922 000	2 257 000	2 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 168 000	6 269 000	6 095 000	6 493 000
Other Income	0	0	0	0
Revenue	8 168 000	6 269 000	6 095 000	6 493 000
Cost of Goods Sold	54 000	91 000	34 000	27 000
Salary Costs	5 431 000	4 774 000	5 170 000	5 048 000
Depreciation	62 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	7 330 000	6 386 000	6 630 000	6 720 000
Operating Profit	837 000	−118 000	−535 000	−227 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	25 000	16 000	24 000	18 000
Financial Balance	−23 000	−15 000	−22 000	−16 000
Dividends	0	0	0	0
Net Income	783 000	−125 000	−557 000	−232 000

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	52 000	114 000	177 000	239 000
Total Tangible Assets	52 000	114 000	177 000	239 000
Total Fiancial Fixed Assets	0	0	17 000	19 000
Total Fixed Assets	52 000	114 000	193 000	258 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	890 000	1 418 000	1 993 000	1 887 000
Total Current Assets	3 405 000	1 807 000	2 063 000	2 351 000
Total Assets	3 457 000	1 922 000	2 257 000	2 609 000
Total Equity	613 000	−170 000	−45 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	203 000	76 000	92 000	92 000
Unpaid Taxes	1 319 000	1 088 000	1 138 000	1 232 000
Dividends	0	0	0	0
Other Current Debt	1 291 000	928 000	1 072 000	773 000
Total Current Debt	2 844 000	2 092 000	2 302 000	2 097 000
Total Equity and Debt	3 457 000	1 922 000	2 257 000	2 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,73 %	73,53 %	1 237,78 %	−45,31 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	10,25 %	−1,88 %	−8,78 %	−3,5 %
Current Ratio	1,2	0,86	0,9	1,12
Quick Ratio	1,2	0,86	0,9	1,12
Equity Ratio	0,18	−0,09	−0,02	0,2
Gross Profit Margin	99,34 %	98,55 %	99,44 %	99,58 %