DIRECT HOUSE FINANCE AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

−7,72 %

Current Ratio

0,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 000	286 000	336 000	686 000
Net Income	−47 000	48 000	131 000	437 000
Total Assets	1 860 000	1 839 000	1 748 000	2 022 000
Total Equity	609 000	651 000	715 000	583 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 000	286 000	336 000	686 000
Expenditure	229 000	211 000	152 000	122 000
Operating Profit	−57 000	75 000	184 000	564 000
Financial Income	0	0	0	0
Financial Costs	0	0	16 000	4 000
Financial Balance	0	0	−16 000	−4 000
Earnings Before Tax	−57 000	75 000	168 000	560 000
Tax	−9 000	27 000	37 000	123 000
Net Income	−47 000	48 000	131 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 122 000	1 114 000	1 110 000	1 300 000
Total Current Assets	738 000	725 000	638 000	722 000
Total Assets	1 860 000	1 839 000	1 748 000	2 022 000
Total Retained Equity	37 000	79 000	142 000	11 000
Total Equity	609 000	651 000	715 000	583 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 250 000	1 188 000	1 034 000	1 438 000
Total Equity and Debt	1 860 000	1 839 000	1 748 000	2 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 000	286 000	335 000	686 000
Other Income	0	0	1 000	0
Revenue	172 000	286 000	336 000	686 000
Cost of Goods Sold	49 000	50 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	229 000	211 000	152 000	122 000
Operating Profit	−57 000	75 000	184 000	564 000
Financial Income	0	0	0	0
Financial Costs	0	0	16 000	4 000
Financial Balance	0	0	−16 000	−4 000
Dividends	0	0	0	0
Net Income	−47 000	48 000	131 000	437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	14 000	10 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 100 000	1 100 000	1 100 000	1 300 000
Total Fixed Assets	1 122 000	1 114 000	1 110 000	1 300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	516 000	442 000	646 000
Total Current Assets	738 000	725 000	638 000	722 000
Total Assets	1 860 000	1 839 000	1 748 000	2 022 000
Total Equity	609 000	651 000	715 000	583 000
Short-Term Group Debt	874 000	909 000	795 000	971 000
Total Long-Term Debt	0	0	0	0
Creditors	373 000	279 000	174 000	277 000
Unpaid Taxes	0	0	0	190 000
Dividends	0	0	0	0
Other Current Debt	4 000	0	18 000	0
Total Current Debt	1 250 000	1 188 000	1 034 000	1 438 000
Total Equity and Debt	1 860 000	1 839 000	1 748 000	2 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,72 %	7,37 %	18,32 %	74,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−33,14 %	26,22 %	54,76 %	82,22 %
Current Ratio	0,59	0,61	0,62	0,5
Quick Ratio	0,59	0,61	0,62	0,5
Equity Ratio	0,33	0,35	0,41	0,29
Gross Profit Margin	71,51 %	82,52 %	100 %	100 %