DESIGNBANKEN AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

57,02 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 134 000	26 906 000	56 926 000	17 138 000
Net Income	6 645 000	1 947 000	18 250 000	797 000
Total Assets	26 878 000	19 761 000	56 061 000	5 498 000
Total Equity	11 653 000	10 469 000	10 722 000	4 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 134 000	26 906 000	56 926 000	17 138 000
Expenditure	41 558 000	24 765 000	35 143 000	16 567 000
Operating Profit	8 577 000	2 142 000	22 882 000	597 000
Financial Income	70 000	53 000	109 000	28 000
Financial Costs	126 000	32 000	41 000	7 000
Financial Balance	−56 000	21 000	68 000	21 000
Earnings Before Tax	8 520 000	2 163 000	22 950 000	618 000
Tax	1 875 000	216 000	4 700 000	−179 000
Net Income	6 645 000	1 947 000	18 250 000	797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	454 000	169 000	53 000	234 000
Total Current Assets	26 424 000	19 592 000	56 008 000	5 264 000
Total Assets	26 878 000	19 761 000	56 061 000	5 498 000
Total Retained Equity	9 649 000	8 464 000	8 718 000	2 468 000
Total Equity	11 653 000	10 469 000	10 722 000	4 472 000
Total Long-Term Debt	0	0	242 000	0
Total Current Debt	15 225 000	9 292 000	45 097 000	1 026 000
Total Equity and Debt	26 878 000	19 761 000	56 061 000	5 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 134 000	26 906 000	56 926 000	17 138 000
Other Income	0	0	0	0
Revenue	50 134 000	26 906 000	56 926 000	17 138 000
Cost of Goods Sold	35 708 000	20 271 000	31 142 000	13 354 000
Salary Costs	4 089 000	3 216 000	2 909 000	2 280 000
Depreciation	40 000	32 000	20 000	16 000
Impairment	0	0	0	0
Expenditure	41 558 000	24 765 000	35 143 000	16 567 000
Operating Profit	8 577 000	2 142 000	22 882 000	597 000
Financial Income	70 000	53 000	109 000	28 000
Financial Costs	126 000	32 000	41 000	7 000
Financial Balance	−56 000	21 000	68 000	21 000
Dividends	0	0	12 000 000	0
Net Income	6 645 000	1 947 000	18 250 000	797 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	405 000	114 000	0	180 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	40 000	53 000	55 000
Total Tangible Assets	31 000	40 000	53 000	55 000
Total Fiancial Fixed Assets	18 000	15 000	0	0
Total Fixed Assets	454 000	169 000	53 000	234 000
Stock	1 250 000	1 211 000	994 000	371 000
Total Investments	0	0	0	0
Cash, Bank	12 717 000	10 206 000	12 993 000	3 163 000
Total Current Assets	26 424 000	19 592 000	56 008 000	5 264 000
Total Assets	26 878 000	19 761 000	56 061 000	5 498 000
Total Equity	11 653 000	10 469 000	10 722 000	4 472 000
Short-Term Group Debt	7 000 000	0	0	0
Total Long-Term Debt	0	0	242 000	0
Creditors	2 845 000	6 178 000	8 367 000	1 431 000
Unpaid Taxes	1 038 000	1 575 000	383 000	357 000
Dividends	0	0	12 000 000	0
Other Current Debt	3 716 000	967 000	21 646 000	664 000
Total Current Debt	15 225 000	9 292 000	45 097 000	1 026 000
Total Equity and Debt	26 878 000	19 761 000	56 061 000	5 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,02 %	18,6 %	170,21 %	17,82 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	17,11 %	7,96 %	40,2 %	3,48 %
Current Ratio	1,74	2,11	1,24	5,13
Quick Ratio	1,89	2,42	1,27	8,04
Equity Ratio	0,43	0,53	0,19	0,81
Gross Profit Margin	28,77 %	24,66 %	45,29 %	22,08 %