DINAMIC OIL NORWAY AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

34,66 %

Current Ratio

2,52

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 310 000	19 114 000	18 686 000	23 101 000
Net Income	2 187 000	1 778 000	1 623 000	1 984 000
Total Assets	15 665 000	16 913 000	14 698 000	15 416 000
Total Equity	6 310 000	7 123 000	8 345 000	6 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 310 000	19 114 000	18 686 000	23 101 000
Expenditure	20 711 000	16 450 000	16 664 000	20 587 000
Operating Profit	2 600 000	2 664 000	2 023 000	2 514 000
Financial Income	886 000	238 000	704 000	287 000
Financial Costs	684 000	631 000	650 000	376 000
Financial Balance	202 000	−393 000	54 000	−89 000
Earnings Before Tax	2 802 000	2 271 000	2 076 000	2 426 000
Tax	615 000	493 000	453 000	442 000
Net Income	2 187 000	1 778 000	1 623 000	1 984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	154 000	20 000	39 000
Total Current Assets	15 514 000	16 758 000	14 678 000	15 377 000
Total Assets	15 665 000	16 913 000	14 698 000	15 416 000
Total Retained Equity	3 796 000	4 610 000	5 832 000	4 208 000
Total Equity	6 310 000	7 123 000	8 345 000	6 722 000
Total Long-Term Debt	3 200 000	3 200 000	3 200 000	3 200 000
Total Current Debt	6 155 000	6 589 000	3 153 000	5 495 000
Total Equity and Debt	15 665 000	16 913 000	14 698 000	15 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 310 000	19 114 000	18 602 000	23 100 000
Other Income	0	0	84 000	1 000
Revenue	23 310 000	19 114 000	18 686 000	23 101 000
Cost of Goods Sold	16 010 000	12 966 000	13 152 000	16 289 000
Salary Costs	1 605 000	1 594 000	1 647 000	1 541 000
Depreciation	38 000	49 000	19 000	21 000
Impairment	0	0	0	0
Expenditure	20 711 000	16 450 000	16 664 000	20 587 000
Operating Profit	2 600 000	2 664 000	2 023 000	2 514 000
Financial Income	886 000	238 000	704 000	287 000
Financial Costs	684 000	631 000	650 000	376 000
Financial Balance	202 000	−393 000	54 000	−89 000
Dividends	3 000 000	3 000 000	0	0
Net Income	2 187 000	1 778 000	1 623 000	1 984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	116 000	154 000	20 000	39 000
Fixtures	0	0	0	0
Total Tangible Assets	116 000	154 000	20 000	39 000
Total Fiancial Fixed Assets	35 000	0	0	0
Total Fixed Assets	151 000	154 000	20 000	39 000
Stock	4 686 000	3 430 000	2 020 000	1 699 000
Total Investments	0	0	0	0
Cash, Bank	8 175 000	9 324 000	9 315 000	10 130 000
Total Current Assets	15 514 000	16 758 000	14 678 000	15 377 000
Total Assets	15 665 000	16 913 000	14 698 000	15 416 000
Total Equity	6 310 000	7 123 000	8 345 000	6 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 200 000	3 200 000	3 200 000	3 200 000
Creditors	4 765 000	5 133 000	1 712 000	4 033 000
Unpaid Taxes	624 000	823 000	807 000	704 000
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	151 000	141 000	181 000	315 000
Total Current Debt	6 155 000	6 589 000	3 153 000	5 495 000
Total Equity and Debt	15 665 000	16 913 000	14 698 000	15 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,66 %	24,96 %	19,45 %	29,52 %
Debt-to-Equity Ratio	0,51	0,45	0,38	0,48
Operating Profit Margin	11,15 %	13,94 %	10,83 %	10,88 %
Current Ratio	2,52	2,54	4,66	2,8
Quick Ratio	10,56	5,3	12,95	4,05
Equity Ratio	0,4	0,42	0,57	0,44
Gross Profit Margin	31,32 %	32,16 %	29,62 %	29,49 %