DAIKIN AIRCONDITIONING NORWAY AS

0667 OSLO

Finances

Share Ownership

Return on Equity

73,14 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2023	2022	2021	2020
Revenue	503 545 000	360 486 000	283 290 000	298 733 000
Net Income	21 470 000	12 650 000	9 183 000	9 830 000
Total Assets	174 179 000	85 896 000	72 906 000	83 344 000
Total Equity	29 355 000	27 385 000	14 735 000	26 651 000

Income (NOK)	2023	2022	2021	2020
Revenue	503 545 000	360 486 000	283 290 000	298 733 000
Expenditure	476 701 000	344 926 000	271 015 000	285 865 000
Operating Profit	26 843 000	15 559 000	12 276 000	12 868 000
Financial Income	978 000	1 161 000	509 000	557 000
Financial Costs	233 000	449 000	996 000	703 000
Financial Balance	745 000	712 000	−487 000	−146 000
Earnings Before Tax	27 589 000	16 272 000	11 788 000	12 723 000
Tax	6 119 000	3 622 000	2 605 000	2 893 000
Net Income	21 470 000	12 650 000	9 183 000	9 830 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	2 099 000	2 286 000	2 316 000	3 038 000
Total Current Assets	172 081 000	83 610 000	70 590 000	80 306 000
Total Assets	174 179 000	85 896 000	72 906 000	83 344 000
Total Retained Equity	25 855 000	23 885 000	11 235 000	23 151 000
Total Equity	29 355 000	27 385 000	14 735 000	26 651 000
Total Long-Term Debt	4 337 000	4 337 000	4 337 000	2 987 000
Total Current Debt	140 488 000	54 174 000	53 834 000	53 706 000
Total Equity and Debt	174 179 000	85 896 000	72 906 000	83 344 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	503 545 000	359 942 000	283 040 000	298 662 000
Other Income	0	544 000	249 000	71 000
Revenue	503 545 000	360 486 000	283 290 000	298 733 000
Cost of Goods Sold	395 540 000	280 322 000	215 801 000	211 433 000
Salary Costs	49 945 000	41 333 000	34 803 000	42 201 000
Depreciation	108 000	277 000	617 000	1 258 000
Impairment	0	0	0	0
Expenditure	476 701 000	344 926 000	271 015 000	285 865 000
Operating Profit	26 843 000	15 559 000	12 276 000	12 868 000
Financial Income	978 000	1 161 000	509 000	557 000
Financial Costs	233 000	449 000	996 000	703 000
Financial Balance	745 000	712 000	−487 000	−146 000
Dividends	19 500 000	0	21 100 000	0
Net Income	21 470 000	12 650 000	9 183 000	9 830 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 983 000	2 062 000	1 691 000	1 582 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	116 000	224 000	625 000	1 456 000
Total Tangible Assets	116 000	224 000	625 000	1 456 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 099 000	2 286 000	2 316 000	3 038 000
Stock	2 854 000	4 466 000	2 986 000	30 317 000
Total Investments	0	0	0	0
Cash, Bank	15 614 000	15 146 000	23 789 000	17 783 000
Total Current Assets	172 081 000	83 610 000	70 590 000	80 306 000
Total Assets	174 179 000	85 896 000	72 906 000	83 344 000
Total Equity	29 355 000	27 385 000	14 735 000	26 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 337 000	4 337 000	4 337 000	2 987 000
Creditors	52 699 000	30 688 000	17 324 000	5 299 000
Unpaid Taxes	11 885 000	8 081 000	6 848 000	7 137 000
Dividends	19 500 000	0	21 100 000	0
Other Current Debt	46 371 000	8 699 000	7 389 000	41 269 000
Total Current Debt	140 488 000	54 174 000	53 834 000	53 706 000
Total Equity and Debt	174 179 000	85 896 000	72 906 000	83 344 000

Financial indicators	2023	2022	2021	2020
Return on Equity	73,14 %	46,19 %	62,32 %	36,88 %
Debt-to-Equity Ratio	0,15	0,16	0,29	0,11
Operating Profit Margin	5,33 %	4,32 %	4,33 %	4,31 %
Current Ratio	1,22	1,54	1,31	1,5
Quick Ratio	1,25	1,68	1,39	3,43
Equity Ratio	0,17	0,32	0,2	0,32
Gross Profit Margin	21,45 %	22,24 %	23,82 %	29,22 %