DANFENCER OMRÅDESIKRING AS

3031 DRAMMEN

Finances

Share Ownership

Return on Equity

66,93 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 327 000	1 295 000	1 171 000
Net Income	257 000	194 000	−47 000	−14 000
Total Assets	907 000	827 000	637 000	501 000
Total Equity	384 000	127 000	69 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 327 000	1 295 000	1 171 000
Expenditure	1 439 000	1 090 000	1 338 000	1 184 000
Operating Profit	342 000	237 000	−43 000	−13 000
Financial Income	0	3 000	0	0
Financial Costs	9 000	7 000	4 000	2 000
Financial Balance	−9 000	−4 000	−4 000	−2 000
Earnings Before Tax	334 000	233 000	−47 000	−14 000
Tax	77 000	39 000	0	0
Net Income	257 000	194 000	−47 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	303 000	275 000	281 000	287 000
Total Current Assets	605 000	552 000	356 000	214 000
Total Assets	907 000	827 000	637 000	501 000
Total Retained Equity	362 000	105 000	47 000	94 000
Total Equity	384 000	127 000	69 000	116 000
Total Long-Term Debt	110 000	252 000	331 000	0
Total Current Debt	413 000	448 000	237 000	385 000
Total Equity and Debt	907 000	827 000	637 000	501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 781 000	1 327 000	1 295 000	1 171 000
Other Income	0	0	0	0
Revenue	1 781 000	1 327 000	1 295 000	1 171 000
Cost of Goods Sold	426 000	100 000	194 000	49 000
Salary Costs	586 000	680 000	644 000	778 000
Depreciation	9 000	6 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	1 439 000	1 090 000	1 338 000	1 184 000
Operating Profit	342 000	237 000	−43 000	−13 000
Financial Income	0	3 000	0	0
Financial Costs	9 000	7 000	4 000	2 000
Financial Balance	−9 000	−4 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	257 000	194 000	−47 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	269 000	275 000	281 000	287 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	0	0	0
Total Tangible Assets	303 000	275 000	281 000	287 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	303 000	275 000	281 000	287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	32 000	71 000	41 000
Total Current Assets	605 000	552 000	356 000	214 000
Total Assets	907 000	827 000	637 000	501 000
Total Equity	384 000	127 000	69 000	116 000
Short-Term Group Debt	0	175 000	0	0
Total Long-Term Debt	110 000	252 000	331 000	0
Creditors	21 000	24 000	0	19 000
Unpaid Taxes	170 000	58 000	77 000	72 000
Dividends	0	0	0	0
Other Current Debt	146 000	191 000	159 000	294 000
Total Current Debt	413 000	448 000	237 000	385 000
Total Equity and Debt	907 000	827 000	637 000	501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,93 %	152,76 %	−68,12 %	−12,07 %
Debt-to-Equity Ratio	0,29	1,98	4,8	0
Operating Profit Margin	19,2 %	17,86 %	−3,32 %	−1,11 %
Current Ratio	1,46	1,23	1,5	0,56
Quick Ratio	1,46	1,23	1,5	0,56
Equity Ratio	0,42	0,15	0,11	0,23
Gross Profit Margin	76,08 %	92,46 %	85,02 %	95,82 %