Prodata AS

ASBankrupt

Org 964754780Hans Væggers Vei 10, 9901 KirkenesWholesale of information and communication equipment· NACE 4650Est. 1992 · 34 years old0 employeeshttps://www.prodata.as

Overview

Prodata AS is a Norwegian AS based in Kirkenes, operating in the Wholesale of information and communication equipment sector. Incorporated in 1992, the company has 0 employees and reported revenue of NOK 11.6m in its latest annual filing.

Revenue 2023

11.6M NOK

+5% vs 2022

EBITDA margin

2.0 %

−15% vs 2022

Net profit 2023

-0.2M NOK

-565% vs 2022

Key ratios

See full ratios →

2.7 %

Weak

Among the 30% lowest rated companies in the industry

20192023

0.8×

Very weak

Among the 20% lowest rated companies in the industry

20192023

-2.8 %

Weak

Among the 40% lowest rated companies in the industry

20192023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	11.6M NOK	+5%
EBITDA	0.2M NOK	-15%
Net profit	-0.2M NOK	-565%
Total assets	7.8M NOK	+4%
Equity	0.2M NOK	-51%
Employees	0	—

Contact

Address

Hans Væggers Vei 10, 9901 Kirkenes

Website

https://www.prodata.as

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Financial development

In its most recent annual report (2023), Prodata AS reported revenue of NOK 11.6m, an increase of 5% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of NOK 218.1k, and the EBITDA margin stood at 2%.

At the end of 2023, equity financed 2.7% of the balance sheet, and current assets covered short-term debt 0.8 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022	2021	2020	2019
Revenue	11,650	11,122	10,685	10,626	11,929
Staff expenses	-4,349	-4,178	-3,802	-3,677	-4,174
EBITDA	230	272	509	188	769
Depreciation & amort.	-59	-81	-232	-361	-452
EBIT	172	191	276	-173	317
Net financials	-152	-144	-261	-230	-274
Profit before tax	20	47	15	-403	43
Tax	238	-0	-0	-0	9
Net profit	-218	47	15	-403	33

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Balance sheet

NOK thousands

Item	2023	2022	2021	2020	2019
Total assets	7,767	7,483	6,807	6,928	6,958
Equity	213	431	384	369	772
Long-term debt	0	0	0	559	937
Short-term debt	7,554	7,052	6,423	6,000	5,249
Total debt	7,554	7,052	6,423	6,560	6,186

Financial ratios

5-year trend

EBITDA margin

2.0 %

20192023

Equity ratio

2.7 %

Weak

Among the 30% lowest rated companies in the industry

20192023

Return on equity

-102.6 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

Net profit margin

-1.9 %

Weak

Among the 30% lowest rated companies in the industry

20192023

Asset turnover

1.50×

Average

Around the average of companies in the same industry

20192023

Debt / equity

35.54×

Very weak

Among the 10% lowest rated companies in the industry

20192023

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginStrong

Among the 40% highest 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 marginAverage

Around the average of companies in the same 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 marginWeak

Among the 30% lowest 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)Very weak

Among the 10% lowest 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)Weak

Among the 40% lowest 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)Very weak

Among the 10% lowest 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)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same 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 ratioWeak

Among the 40% 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 ratioVery weak

Among the 10% 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 weak

Among the 10% lowest 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 10% 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 ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% 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 debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest 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 turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverWeak

Among the 30% lowest rated companies in the industry

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.

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
MH Morten Henriksen Trustee	Trustee	2025
SI Sigsten Indbjør Chief Executive Officer	Chief Executive Officer	1998

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
BI Bård Indbjør Board of Directors	Board of Directors	2014
MI Mats Indbjør Chairman	Chairman	2014
SI Sigsten Indbjør Board of Directors	Board of Directors	2014

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Bård Indbjør	Individual	9.95%	9.95%	2020
Hariharan Subramaniam	Individual	1.05%	1.05%	2020

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Prodata AS also hold positions in 48 other companies.

Person	Role here	Other companies
Morten Henriksen	Trustee	33 companiesMany roles
Sigsten Indbjør	Chief Executive Officer	6 companiesMany roles
Bård Indbjør	Board of Directors	5 companies
Mats Indbjør	Chairman	4 companies

Frequently asked questions

What is the Org number of Prodata AS?

Prodata AS is registered with Brønnøysundsregistrene under Org 964754780.

What is the revenue of Prodata AS?

Prodata AS reported revenue of NOK 11.6m in 2023.

Who is the CEO of Prodata AS?

Sigsten Indbjør is the CEO of Prodata AS, in role since 1998.

Who is the chairman of Prodata AS?

Mats Indbjør chairs the board of Prodata AS, in role since 2014.

Where is Prodata AS headquartered?

Prodata AS's registered address is Hans Væggers Vei 10.