DENOFA ENERGI AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

8,77 %

Current Ratio

1,15

Debt-to-Equity Ratio

7,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 890 000	2 800 000	17 941 000	28 472 000
Net Income	287 000	316 000	1 783 000	1 357 000
Total Assets	35 522 000	30 740 000	34 771 000	34 609 000
Total Equity	3 271 000	4 440 000	4 123 000	2 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 890 000	2 800 000	17 941 000	28 472 000
Expenditure	1 787 000	1 873 000	14 923 000	25 976 000
Operating Profit	1 103 000	928 000	3 019 000	2 496 000
Financial Income	48 000	12 000	20 000	39 000
Financial Costs	782 000	534 000	753 000	796 000
Financial Balance	−734 000	−522 000	−733 000	−757 000
Earnings Before Tax	368 000	406 000	2 286 000	1 740 000
Tax	81 000	89 000	503 000	383 000
Net Income	287 000	316 000	1 783 000	1 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 873 000	27 489 000	28 949 000	30 248 000
Total Current Assets	9 649 000	3 251 000	5 822 000	4 361 000
Total Assets	35 522 000	30 740 000	34 771 000	34 609 000
Total Retained Equity	−1 797 000	4 410 000	4 093 000	2 310 000
Total Equity	3 271 000	4 440 000	4 123 000	2 340 000
Total Long-Term Debt	23 882 000	24 512 000	26 556 000	28 186 000
Total Current Debt	8 370 000	1 788 000	4 091 000	4 082 000
Total Equity and Debt	35 522 000	30 740 000	34 771 000	34 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 890 000	2 800 000	17 941 000	28 472 000
Other Income	0	0	0	0
Revenue	2 890 000	2 800 000	17 941 000	28 472 000
Cost of Goods Sold	0	36 000	10 118 000	21 674 000
Salary Costs	0	0	0	0
Depreciation	1 616 000	1 592 000	1 610 000	1 606 000
Impairment	0	0	0	0
Expenditure	1 787 000	1 873 000	14 923 000	25 976 000
Operating Profit	1 103 000	928 000	3 019 000	2 496 000
Financial Income	48 000	12 000	20 000	39 000
Financial Costs	782 000	534 000	753 000	796 000
Financial Balance	−734 000	−522 000	−733 000	−757 000
Dividends	0	0	0	0
Net Income	287 000	316 000	1 783 000	1 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
Real Eastate	9 084 000	9 581 000	10 055 000	10 551 000
Machinery and Plant Facilities	16 789 000	17 908 000	18 894 000	19 677 000
Fixtures	0	0	0	0
Total Tangible Assets	25 873 000	27 489 000	28 949 000	30 228 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 873 000	27 489 000	28 949 000	30 248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 891 000	2 641 000	1 717 000	1 564 000
Total Current Assets	9 649 000	3 251 000	5 822 000	4 361 000
Total Assets	35 522 000	30 740 000	34 771 000	34 609 000
Total Equity	3 271 000	4 440 000	4 123 000	2 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 882 000	24 512 000	26 556 000	28 186 000
Creditors	0	13 000	736 000	1 171 000
Unpaid Taxes	120 000	114 000	630 000	−78 000
Dividends	0	0	0	0
Other Current Debt	8 249 000	1 661 000	2 726 000	2 988 000
Total Current Debt	8 370 000	1 788 000	4 091 000	4 082 000
Total Equity and Debt	35 522 000	30 740 000	34 771 000	34 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,77 %	7,12 %	43,25 %	57,99 %
Debt-to-Equity Ratio	7,3	5,52	6,44	12,05
Operating Profit Margin	38,17 %	33,14 %	16,83 %	8,77 %
Current Ratio	1,15	1,82	1,42	1,07
Quick Ratio	1,15	1,82	1,42	1,07
Equity Ratio	0,09	0,14	0,12	0,07
Gross Profit Margin	100 %	98,71 %	43,6 %	23,88 %