DEVELOPIT AS

4307 SANDNES

Finances

Return on Equity

7,78 %

Current Ratio

8,68

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 281 000	1 977 000	2 124 000	1 950 000
Net Income	315 000	729 000	775 000	543 000
Total Assets	5 394 000	4 672 000	4 140 000	3 366 000
Total Equity	4 048 000	3 733 000	3 003 000	2 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 281 000	1 977 000	2 124 000	1 950 000
Expenditure	1 612 000	1 316 000	1 274 000	1 317 000
Operating Profit	669 000	662 000	850 000	632 000
Financial Income	3 000	225 000	119 000	62 000
Financial Costs	218 000	6 000	8 000	12 000
Financial Balance	−215 000	219 000	111 000	50 000
Earnings Before Tax	454 000	881 000	961 000	681 000
Tax	139 000	152 000	186 000	139 000
Net Income	315 000	729 000	775 000	543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	839 000	311 000	465 000	619 000
Total Current Assets	4 555 000	4 361 000	3 675 000	2 747 000
Total Assets	5 394 000	4 672 000	4 140 000	3 366 000
Total Retained Equity	4 018 000	3 703 000	2 973 000	2 198 000
Total Equity	4 048 000	3 733 000	3 003 000	2 228 000
Total Long-Term Debt	820 000	464 000	566 000	668 000
Total Current Debt	525 000	475 000	571 000	469 000
Total Equity and Debt	5 394 000	4 672 000	4 140 000	3 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 281 000	1 977 000	2 124 000	1 950 000
Other Income	0	0	0	0
Revenue	2 281 000	1 977 000	2 124 000	1 950 000
Cost of Goods Sold	0	13 000	0	19 000
Salary Costs	1 101 000	866 000	856 000	788 000
Depreciation	165 000	154 000	154 000	154 000
Impairment	0	0	0	0
Expenditure	1 612 000	1 316 000	1 274 000	1 317 000
Operating Profit	669 000	662 000	850 000	632 000
Financial Income	3 000	225 000	119 000	62 000
Financial Costs	218 000	6 000	8 000	12 000
Financial Balance	−215 000	219 000	111 000	50 000
Dividends	0	0	0	0
Net Income	315 000	729 000	775 000	543 000

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	772 000	296 000	450 000	604 000
Total Tangible Assets	772 000	296 000	450 000	604 000
Total Fiancial Fixed Assets	67 000	15 000	15 000	15 000
Total Fixed Assets	839 000	311 000	465 000	619 000
Stock	0	0	0	0
Total Investments	1 774 000	1 790 000	893 000	250 000
Cash, Bank	2 498 000	2 214 000	2 314 000	2 201 000
Total Current Assets	4 555 000	4 361 000	3 675 000	2 747 000
Total Assets	5 394 000	4 672 000	4 140 000	3 366 000
Total Equity	4 048 000	3 733 000	3 003 000	2 228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	820 000	464 000	566 000	668 000
Creditors	17 000	24 000	13 000	58 000
Unpaid Taxes	211 000	198 000	206 000	178 000
Dividends	0	0	0	0
Other Current Debt	158 000	91 000	154 000	88 000
Total Current Debt	525 000	475 000	571 000	469 000
Total Equity and Debt	5 394 000	4 672 000	4 140 000	3 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,78 %	19,53 %	25,81 %	24,37 %
Debt-to-Equity Ratio	0,2	0,12	0,19	0,3
Operating Profit Margin	29,33 %	33,49 %	40,02 %	32,41 %
Current Ratio	8,68	9,18	6,44	5,86
Quick Ratio	8,68	9,18	6,44	5,86
Equity Ratio	0,75	0,8	0,73	0,66
Gross Profit Margin	100 %	99,34 %	100 %	99,03 %