DEN GLADE HØVEL AS

4950 RISØR

Finances

Share Ownership

Return on Equity

70,27 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	667 000	359 000	380 000	543 000
Net Income	52 000	−27 000	−24 000	−44 000
Total Assets	499 000	108 000	144 000	253 000
Total Equity	74 000	23 000	50 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	667 000	359 000	380 000	543 000
Expenditure	614 000	386 000	405 000	587 000
Operating Profit	52 000	−27 000	−24 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	52 000	−27 000	−24 000	−44 000
Tax	0	0	0	0
Net Income	52 000	−27 000	−24 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	13 000	24 000	35 000
Total Current Assets	485 000	95 000	121 000	218 000
Total Assets	499 000	108 000	144 000	253 000
Total Retained Equity	44 000	−7 000	20 000	44 000
Total Equity	74 000	23 000	50 000	74 000
Total Long-Term Debt	0	0	35 000	74 000
Total Current Debt	425 000	85 000	60 000	105 000
Total Equity and Debt	499 000	108 000	144 000	253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	521 000	359 000	380 000	543 000
Other Income	146 000	0	0	0
Revenue	667 000	359 000	380 000	543 000
Cost of Goods Sold	83 000	109 000	114 000	137 000
Salary Costs	435 000	187 000	210 000	364 000
Depreciation	16 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	614 000	386 000	405 000	587 000
Operating Profit	52 000	−27 000	−24 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	52 000	−27 000	−24 000	−44 000

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	0	0	0	0
Fixtures	14 000	13 000	24 000	35 000
Total Tangible Assets	14 000	13 000	24 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	13 000	24 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	446 000	93 000	88 000	218 000
Total Current Assets	485 000	95 000	121 000	218 000
Total Assets	499 000	108 000	144 000	253 000
Total Equity	74 000	23 000	50 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	35 000	74 000
Creditors	−2 000	0	8 000	8 000
Unpaid Taxes	173 000	39 000	30 000	49 000
Dividends	0	0	0	0
Other Current Debt	253 000	46 000	21 000	48 000
Total Current Debt	425 000	85 000	60 000	105 000
Total Equity and Debt	499 000	108 000	144 000	253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,27 %	−117,39 %	−48 %	−59,46 %
Debt-to-Equity Ratio	0	0	0,7	1
Operating Profit Margin	7,8 %	−7,52 %	−6,32 %	−8,1 %
Current Ratio	1,14	1,12	2,02	2,08
Quick Ratio	1,14	1,12	2,02	2,08
Equity Ratio	0,15	0,21	0,35	0,29
Gross Profit Margin	87,56 %	69,64 %	70 %	74,77 %