DRY WORKS AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

−25,84 %

Current Ratio

1,25

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 408 000	2 793 000	238 000	0
Net Income	−46 000	262 000	58 000	−18 000
Total Assets	804 000	957 000	549 000	0
Total Equity	178 000	224 000	−38 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 408 000	2 793 000	238 000	0
Expenditure	1 454 000	2 444 000	203 000	16 000
Operating Profit	−45 000	348 000	34 000	−16 000
Financial Income	0	0	0	0
Financial Costs	13 000	13 000	5 000	2 000
Financial Balance	−13 000	−13 000	−5 000	−2 000
Earnings Before Tax	−59 000	336 000	30 000	−18 000
Tax	−13 000	74 000	−29 000	0
Net Income	−46 000	262 000	58 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	375 000	456 000	0
Total Current Assets	493 000	582 000	93 000	0
Total Assets	804 000	957 000	549 000	0
Total Retained Equity	114 000	160 000	−102 000	−160 000
Total Equity	178 000	224 000	−38 000	−96 000
Total Long-Term Debt	231 000	294 000	323 000	0
Total Current Debt	394 000	439 000	263 000	96 000
Total Equity and Debt	804 000	957 000	549 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 408 000	2 793 000	238 000	0
Other Income	0	0	0	0
Revenue	1 408 000	2 793 000	238 000	0
Cost of Goods Sold	313 000	1 396 000	80 000	0
Salary Costs	722 000	501 000	2 000	0
Depreciation	77 000	74 000	15 000	0
Impairment	0	0	0	0
Expenditure	1 454 000	2 444 000	203 000	16 000
Operating Profit	−45 000	348 000	34 000	−16 000
Financial Income	0	0	0	0
Financial Costs	13 000	13 000	5 000	2 000
Financial Balance	−13 000	−13 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	−46 000	262 000	58 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	29 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	311 000	365 000	417 000	0
Total Tangible Assets	311 000	365 000	417 000	0
Total Fiancial Fixed Assets	0	10 000	10 000	0
Total Fixed Assets	311 000	375 000	456 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	454 000	564 000	2 000	0
Total Current Assets	493 000	582 000	93 000	0
Total Assets	804 000	957 000	549 000	0
Total Equity	178 000	224 000	−38 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	294 000	323 000	0
Creditors	28 000	29 000	21 000	19 000
Unpaid Taxes	114 000	104 000	11 000	0
Dividends	0	0	0	0
Other Current Debt	252 000	279 000	232 000	77 000
Total Current Debt	394 000	439 000	263 000	96 000
Total Equity and Debt	804 000	957 000	549 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,84 %	116,96 %	−152,63 %	18,75 %
Debt-to-Equity Ratio	1,3	1,31	−8,5	−0
Operating Profit Margin	−3,2 %	12,46 %	14,29 %	-
Current Ratio	1,25	1,33	0,35	0
Quick Ratio	1,25	1,33	0,35	0
Equity Ratio	0,22	0,23	−0,07	-
Gross Profit Margin	77,77 %	50,02 %	66,39 %	-