Pronest AS
ASDissolvedOrg 912050262Madserud Allé 34, 0274 OsloProgrammeringstjenester· NACE 62010Est. 2013 · 13 years old0 employeeshttps://www.pronest.no
Loading company…
Overview
Pronest AS is a Norwegian AS based in Oslo, operating in the Programmeringstjenester sector. Incorporated in 2013, the company has 0 employees and reported revenue of NOK 430.3k in its latest annual filing.
Revenue 2019
430.3K NOK
+107% vs 2018
EBITDA margin
23.8 %
+18% vs 2018
Net profit 2019
99.4K NOK
+15% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
48.6 %
AverageAround the average of companies in the same industry
20152019
Liquidity ratioCurrent assets ÷ Short-term debt
0.5×
Very weakAmong the 20% lowest rated companies in the industry
20152019
Return on assets (ROA)Net profit ÷ Total assets × 100
25.6 %
Very strongAmong the 20% highest rated companies in the industry
20152019
EBITDA — year on year
NOK thousandsKey figures
Annual report 2019| Revenue | 430.3K NOK | +107% |
| EBITDA | 102.6K NOK | +18% |
| Net profit | 99.4K NOK | +15% |
| Total assets | 388K NOK | +69% |
| Equity | 188.4K NOK | +112% |
| Employees | 0 | — |
Company information
Legal name
PRONEST AS
Org number
912050262
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
7 May 2013 · 13 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Utvikling av programvare med fokus på miljøvennlige løsninger og teknologi mot eiendomssektoren, samt konsulentvirksomhet og forskning tilhørende dette.
(no translation available)
Contact
Address
Madserud Allé 34, 0274 Oslo
Website
https://www.pronest.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2019), Pronest AS reported revenue of NOK 430.3k, an increase of 107% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of NOK 99.4k, and the EBITDA margin stood at 23.8%.
At the end of 2019, equity financed 48.6% of the balance sheet, and current assets covered short-term debt 0.5 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 430 | 207 | 107 | 0 | 0 |
| Staff expenses | -62 | -0 | -0 | -0 | -0 |
| EBITDA | 103 | 87 | 57 | 0 | 0 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 103 | 87 | 57 | 0 | 0 |
| Net financials | -3 | -1 | -1 | 0 | 0 |
| Profit before tax | 99 | 86 | 56 | 0 | 0 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 99 | 86 | 56 | 0 | 0 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Total assets | 388 | 230 | 225 | 184 | 30 |
| Equity | 188 | 89 | 89 | 27 | 27 |
| Long-term debt | 91 | 93 | 108 | 154 | 0 |
| Short-term debt | 109 | 48 | 28 | 4 | 3 |
| Total debt | 200 | 141 | 136 | 157 | 3 |
Financial ratios
5-year trendEBITDA margin
23.8 %
20152019
Equity ratio
48.6 %
AverageAround the average of companies in the same industry
20152019
Return on equity
52.7 %
StrongAmong the 30% highest rated companies in the industry
20152019
Net profit margin
23.1 %
StrongAmong the 30% highest rated companies in the industry
20152019
Asset turnover
1.11×
StrongAmong the 40% highest rated companies in the industry
20152019
Debt / equity
1.06×
AverageAround the average of companies in the same industry
20152019
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 30% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 30% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 30% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JO Chief Executive Officer | Chief Executive Officer | 2017 |
CT Deputy Member | Deputy Member | 2013 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JO Chairman | Chairman | 2013 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 50% | 50% | 2020 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Silverstone As
Pronest AS Board network connections
Board members of Pronest AS also hold positions in 5 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Olav Osnes Krogh | Chief Executive Officer | 4 companies |
| Camilla Torjussen | Deputy Member | 1 company |
Frequently asked questions
What is the Org number of Pronest AS?
Pronest AS is registered with Brønnøysundsregistrene under Org 912050262.
What is the revenue of Pronest AS?
Pronest AS reported revenue of NOK 430.3k in 2019.
Who is the CEO of Pronest AS?
Jan Olav Osnes Krogh is the CEO of Pronest AS, in role since 2017.
Who is the chairman of Pronest AS?
Jan Olav Osnes Krogh chairs the board of Pronest AS.
Where is Pronest AS headquartered?
Pronest AS's registered address is Madserud Allé 34.