DIRECT HOUSE ARENDAL AS

4820 FROLAND

Finances

Return on Equity

33,35 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 186 000	72 311 000	69 679 000	61 069 000
Net Income	3 293 000	3 726 000	3 065 000	642 000
Total Assets	38 035 000	34 603 000	28 466 000	24 250 000
Total Equity	9 875 000	8 231 000	6 760 000	5 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 186 000	72 311 000	69 679 000	61 069 000
Expenditure	62 169 000	67 922 000	65 657 000	60 568 000
Operating Profit	4 016 000	4 388 000	4 022 000	500 000
Financial Income	847 000	766 000	324 000	65 000
Financial Costs	733 000	407 000	435 000	−120 000
Financial Balance	114 000	359 000	−111 000	185 000
Earnings Before Tax	4 130 000	4 748 000	3 911 000	685 000
Tax	837 000	1 022 000	846 000	44 000
Net Income	3 293 000	3 726 000	3 065 000	642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 082 000	3 487 000	1 660 000	848 000
Total Current Assets	34 953 000	31 116 000	26 806 000	23 402 000
Total Assets	38 035 000	34 603 000	28 466 000	24 250 000
Total Retained Equity	8 633 000	6 989 000	5 518 000	3 952 000
Total Equity	9 875 000	8 231 000	6 760 000	5 195 000
Total Long-Term Debt	420 000	48 000	0	148 000
Total Current Debt	27 740 000	26 324 000	21 706 000	18 907 000
Total Equity and Debt	38 035 000	34 603 000	28 466 000	24 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 008 000	71 811 000	69 671 000	60 975 000
Other Income	178 000	500 000	8 000	94 000
Revenue	66 186 000	72 311 000	69 679 000	61 069 000
Cost of Goods Sold	33 895 000	36 264 000	41 035 000	35 493 000
Salary Costs	17 976 000	19 170 000	17 128 000	17 904 000
Depreciation	320 000	326 000	100 000	433 000
Impairment	0	0	0	0
Expenditure	62 169 000	67 922 000	65 657 000	60 568 000
Operating Profit	4 016 000	4 388 000	4 022 000	500 000
Financial Income	847 000	766 000	324 000	65 000
Financial Costs	733 000	407 000	435 000	−120 000
Financial Balance	114 000	359 000	−111 000	185 000
Dividends	0	0	1 500 000	0
Net Income	3 293 000	3 726 000	3 065 000	642 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	338 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	125 000	67 000	72 000	96 000
Fixtures	800 000	1 001 000	579 000	152 000
Total Tangible Assets	926 000	1 068 000	651 000	248 000
Total Fiancial Fixed Assets	2 157 000	2 419 000	672 000	600 000
Total Fixed Assets	3 082 000	3 487 000	1 660 000	848 000
Stock	2 746 000	3 553 000	388 000	1 498 000
Total Investments	0	0	0	0
Cash, Bank	826 000	804 000	714 000	517 000
Total Current Assets	34 953 000	31 116 000	26 806 000	23 402 000
Total Assets	38 035 000	34 603 000	28 466 000	24 250 000
Total Equity	9 875 000	8 231 000	6 760 000	5 195 000
Short-Term Group Debt	4 633 000	4 260 000	1 318 000	0
Total Long-Term Debt	420 000	48 000	0	148 000
Creditors	12 173 000	11 351 000	8 852 000	9 105 000
Unpaid Taxes	4 186 000	4 833 000	3 966 000	3 505 000
Dividends	0	0	1 500 000	0
Other Current Debt	2 366 000	2 374 000	2 337 000	2 866 000
Total Current Debt	27 740 000	26 324 000	21 706 000	18 907 000
Total Equity and Debt	38 035 000	34 603 000	28 466 000	24 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,35 %	45,27 %	45,34 %	12,36 %
Debt-to-Equity Ratio	0,04	0,01	0	0,03
Operating Profit Margin	6,07 %	6,07 %	5,77 %	0,82 %
Current Ratio	1,26	1,18	1,23	1,24
Quick Ratio	1,4	1,37	1,26	1,34
Equity Ratio	0,26	0,24	0,24	0,21
Gross Profit Margin	48,79 %	49,85 %	41,11 %	41,88 %