DRONNINGGATA 1B AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

91,3 %

Current Ratio

0,45

Debt-to-Equity Ratio

23,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	734 000	745 000	731 000	687 000
Net Income	252 000	238 000	271 000	139 000
Total Assets	7 590 000	7 503 000	7 564 000	7 518 000
Total Equity	276 000	279 000	283 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	734 000	745 000	731 000	687 000
Expenditure	158 000	161 000	107 000	206 000
Operating Profit	577 000	583 000	625 000	481 000
Financial Income	0	0	0	0
Financial Costs	249 000	274 000	276 000	302 000
Financial Balance	−249 000	−274 000	−276 000	−302 000
Earnings Before Tax	328 000	309 000	349 000	179 000
Tax	76 000	72 000	78 000	39 000
Net Income	252 000	238 000	271 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 279 000	7 304 000	7 333 000	7 360 000
Total Current Assets	312 000	199 000	231 000	158 000
Total Assets	7 590 000	7 503 000	7 564 000	7 518 000
Total Retained Equity	246 000	249 000	253 000	254 000
Total Equity	276 000	279 000	283 000	284 000
Total Long-Term Debt	6 622 000	6 851 000	0	2 000
Total Current Debt	693 000	373 000	7 281 000	7 232 000
Total Equity and Debt	7 590 000	7 503 000	7 564 000	7 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	734 000	745 000	731 000	687 000
Revenue	734 000	745 000	731 000	687 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	28 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	158 000	161 000	107 000	206 000
Operating Profit	577 000	583 000	625 000	481 000
Financial Income	0	0	0	0
Financial Costs	249 000	274 000	276 000	302 000
Financial Balance	−249 000	−274 000	−276 000	−302 000
Dividends	0	0	0	0
Net Income	252 000	238 000	271 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 279 000	7 279 000	7 279 000	7 279 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	26 000	54 000	81 000
Total Tangible Assets	7 279 000	7 304 000	7 332 000	7 360 000
Total Fiancial Fixed Assets	0	0	1 000	0
Total Fixed Assets	7 279 000	7 304 000	7 333 000	7 360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	55 000	96 000	43 000
Total Current Assets	312 000	199 000	231 000	158 000
Total Assets	7 590 000	7 503 000	7 564 000	7 518 000
Total Equity	276 000	279 000	283 000	284 000
Short-Term Group Debt	328 000	0	6 913 000	7 113 000
Total Long-Term Debt	6 622 000	6 851 000	0	2 000
Creditors	0	19 000	13 000	37 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	361 000	351 000	352 000	77 000
Total Current Debt	693 000	373 000	7 281 000	7 232 000
Total Equity and Debt	7 590 000	7 503 000	7 564 000	7 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,3 %	85,3 %	95,76 %	48,94 %
Debt-to-Equity Ratio	23,99	24,56	0	0,01
Operating Profit Margin	78,61 %	78,26 %	85,5 %	70,01 %
Current Ratio	0,45	0,53	0,03	0,02
Quick Ratio	0,45	0,53	0,03	0,02
Equity Ratio	0,04	0,04	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %