DOVRE GROUP ENERGY AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

18,98 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	539 367 000	432 095 000	426 929 000	447 756 000
Net Income	8 428 000	6 597 000	5 940 000	10 592 000
Total Assets	160 512 000	132 522 000	138 681 000	170 773 000
Total Equity	44 406 000	35 978 000	42 669 000	41 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	539 367 000	432 095 000	426 929 000	447 756 000
Expenditure	528 882 000	423 037 000	417 281 000	434 333 000
Operating Profit	10 484 000	9 058 000	9 650 000	13 424 000
Financial Income	917 000	753 000	3 710 000	680 000
Financial Costs	−141 000	616 000	5 048 000	524 000
Financial Balance	1 058 000	137 000	−1 338 000	156 000
Earnings Before Tax	11 542 000	9 195 000	8 311 000	13 579 000
Tax	3 114 000	2 597 000	2 371 000	2 987 000
Net Income	8 428 000	6 597 000	5 940 000	10 592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 783 000	26 482 000	34 002 000	51 671 000
Total Current Assets	137 729 000	106 039 000	104 680 000	119 101 000
Total Assets	160 512 000	132 522 000	138 681 000	170 773 000
Total Retained Equity	22 503 000	14 075 000	19 778 000	19 212 000
Total Equity	44 406 000	35 978 000	42 669 000	41 729 000
Total Long-Term Debt	363 000	373 000	11 378 000	14 472 000
Total Current Debt	115 742 000	96 170 000	84 634 000	114 572 000
Total Equity and Debt	160 512 000	132 522 000	138 681 000	170 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	523 466 000	422 773 000	415 374 000	434 235 000
Other Income	15 901 000	9 322 000	11 555 000	13 520 000
Revenue	539 367 000	432 095 000	426 929 000	447 756 000
Cost of Goods Sold	268 243 000	197 392 000	209 342 000	207 352 000
Salary Costs	245 281 000	211 971 000	193 265 000	214 806 000
Depreciation	3 872 000	3 868 000	3 974 000	2 735 000
Impairment	0	0	0	0
Expenditure	528 882 000	423 037 000	417 281 000	434 333 000
Operating Profit	10 484 000	9 058 000	9 650 000	13 424 000
Financial Income	917 000	753 000	3 710 000	680 000
Financial Costs	−141 000	616 000	5 048 000	524 000
Financial Balance	1 058 000	137 000	−1 338 000	156 000
Dividends	0	12 300 000	5 000 000	0
Net Income	8 428 000	6 597 000	5 940 000	10 592 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	12 557 000	14 537 000	16 517 000	1 952 000
Total Intangible Assets	21 980 000	25 823 000	29 667 000	15 688 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	50 000	75 000	173 000
Total Tangible Assets	195 000	50 000	75 000	173 000
Total Fiancial Fixed Assets	608 000	608 000	4 260 000	35 810 000
Total Fixed Assets	22 783 000	26 482 000	34 002 000	51 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	230 000	229 000	−30 000
Total Current Assets	137 729 000	106 039 000	104 680 000	119 101 000
Total Assets	160 512 000	132 522 000	138 681 000	170 773 000
Total Equity	44 406 000	35 978 000	42 669 000	41 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	363 000	373 000	11 378 000	14 472 000
Creditors	36 133 000	24 637 000	19 694 000	37 071 000
Unpaid Taxes	29 947 000	26 790 000	22 613 000	28 612 000
Dividends	0	12 300 000	5 000 000	0
Other Current Debt	46 539 000	42 340 000	35 056 000	45 904 000
Total Current Debt	115 742 000	96 170 000	84 634 000	114 572 000
Total Equity and Debt	160 512 000	132 522 000	138 681 000	170 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,98 %	18,34 %	13,92 %	25,38 %
Debt-to-Equity Ratio	0,01	0,01	0,27	0,35
Operating Profit Margin	1,94 %	2,1 %	2,26 %	3 %
Current Ratio	1,19	1,1	1,24	1,04
Quick Ratio	1,19	1,1	1,24	1,04
Equity Ratio	0,28	0,27	0,31	0,24
Gross Profit Margin	50,27 %	54,32 %	50,97 %	53,69 %