DROPSEN AS

4313 SANDNES

Finances

Return on Equity

44,07 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 059 000	29 062 000	22 719 000	18 023 000
Net Income	1 179 000	3 131 000	1 875 000	1 619 000
Total Assets	7 659 000	8 651 000	6 648 000	5 946 000
Total Equity	2 675 000	1 496 000	1 485 000	1 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 059 000	29 062 000	22 719 000	18 023 000
Expenditure	19 539 000	25 003 000	20 214 000	15 879 000
Operating Profit	1 519 000	4 059 000	2 505 000	2 144 000
Financial Income	37 000	63 000	52 000	16 000
Financial Costs	48 000	99 000	154 000	72 000
Financial Balance	−11 000	−36 000	−102 000	−56 000
Earnings Before Tax	1 509 000	4 022 000	2 403 000	2 088 000
Tax	330 000	892 000	528 000	468 000
Net Income	1 179 000	3 131 000	1 875 000	1 619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	420 000	974 000	799 000	592 000
Total Current Assets	7 239 000	7 677 000	5 848 000	5 354 000
Total Assets	7 659 000	8 651 000	6 648 000	5 946 000
Total Retained Equity	2 575 000	1 396 000	1 385 000	1 383 000
Total Equity	2 675 000	1 496 000	1 485 000	1 483 000
Total Long-Term Debt	0	0	0	16 000
Total Current Debt	4 984 000	7 155 000	5 162 000	4 446 000
Total Equity and Debt	7 659 000	8 651 000	6 648 000	5 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 800 000	29 060 000	22 570 000	18 023 000
Other Income	258 000	2 000	150 000	0
Revenue	21 059 000	29 062 000	22 719 000	18 023 000
Cost of Goods Sold	10 252 000	16 208 000	13 279 000	9 787 000
Salary Costs	4 778 000	4 286 000	2 990 000	2 488 000
Depreciation	219 000	323 000	268 000	270 000
Impairment	0	0	0	0
Expenditure	19 539 000	25 003 000	20 214 000	15 879 000
Operating Profit	1 519 000	4 059 000	2 505 000	2 144 000
Financial Income	37 000	63 000	52 000	16 000
Financial Costs	48 000	99 000	154 000	72 000
Financial Balance	−11 000	−36 000	−102 000	−56 000
Dividends	0	0	0	0
Net Income	1 179 000	3 131 000	1 875 000	1 619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	31 000	34 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	416 000	943 000	765 000	563 000
Total Tangible Assets	416 000	943 000	765 000	563 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	420 000	974 000	799 000	592 000
Stock	2 283 000	2 258 000	1 866 000	1 764 000
Total Investments	0	0	0	0
Cash, Bank	4 147 000	4 014 000	2 670 000	2 666 000
Total Current Assets	7 239 000	7 677 000	5 848 000	5 354 000
Total Assets	7 659 000	8 651 000	6 648 000	5 946 000
Total Equity	2 675 000	1 496 000	1 485 000	1 483 000
Short-Term Group Debt	2 692 000	4 000 000	2 730 000	2 200 000
Total Long-Term Debt	0	0	0	16 000
Creditors	645 000	1 375 000	796 000	824 000
Unpaid Taxes	870 000	1 046 000	1 265 000	953 000
Dividends	0	0	0	0
Other Current Debt	475 000	725 000	365 000	321 000
Total Current Debt	4 984 000	7 155 000	5 162 000	4 446 000
Total Equity and Debt	7 659 000	8 651 000	6 648 000	5 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,07 %	209,29 %	126,26 %	109,17 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	7,21 %	13,97 %	11,03 %	11,9 %
Current Ratio	1,45	1,07	1,13	1,2
Quick Ratio	2,68	1,57	1,77	2
Equity Ratio	0,35	0,17	0,22	0,25
Gross Profit Margin	51,32 %	44,23 %	41,55 %	45,7 %