DRAMMEN VARMETEKNIKK AS

3050 MJØNDALEN

Finances

Return on Equity

45,18 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 468 000	17 062 000	14 536 000	12 640 000
Net Income	1 401 000	1 509 000	−220 000	−448 000
Total Assets	8 316 000	8 411 000	7 442 000	7 147 000
Total Equity	3 101 000	3 000 000	3 000 000	3 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 468 000	17 062 000	14 536 000	12 640 000
Expenditure	17 533 000	15 103 000	14 573 000	13 061 000
Operating Profit	1 935 000	1 959 000	−37 000	−420 000
Financial Income	19 000	22 000	22 000	77 000
Financial Costs	85 000	141 000	206 000	158 000
Financial Balance	−66 000	−119 000	−184 000	−81 000
Earnings Before Tax	1 870 000	1 841 000	−220 000	−501 000
Tax	469 000	331 000	0	−53 000
Net Income	1 401 000	1 509 000	−220 000	−448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	647 000	822 000	1 345 000	1 985 000
Total Current Assets	7 669 000	7 589 000	6 097 000	5 162 000
Total Assets	8 316 000	8 411 000	7 442 000	7 147 000
Total Retained Equity	101 000	0	0	16 000
Total Equity	3 101 000	3 000 000	3 000 000	3 316 000
Total Long-Term Debt	815 000	1 052 000	1 409 000	1 883 000
Total Current Debt	4 400 000	4 359 000	3 033 000	1 948 000
Total Equity and Debt	8 316 000	8 411 000	7 442 000	7 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 458 000	17 043 000	14 318 000	12 638 000
Other Income	10 000	19 000	217 000	2 000
Revenue	19 468 000	17 062 000	14 536 000	12 640 000
Cost of Goods Sold	10 086 000	9 397 000	8 818 000	6 734 000
Salary Costs	3 988 000	2 397 000	2 313 000	2 995 000
Depreciation	370 000	488 000	506 000	537 000
Impairment	0	0	0	0
Expenditure	17 533 000	15 103 000	14 573 000	13 061 000
Operating Profit	1 935 000	1 959 000	−37 000	−420 000
Financial Income	19 000	22 000	22 000	77 000
Financial Costs	85 000	141 000	206 000	158 000
Financial Balance	−66 000	−119 000	−184 000	−81 000
Dividends	1 300 000	1 509 000	1 122 000	0
Net Income	1 401 000	1 509 000	−220 000	−448 000

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	519 000	677 000	1 184 000	1 408 000
Total Tangible Assets	519 000	677 000	1 184 000	1 408 000
Total Fiancial Fixed Assets	128 000	145 000	161 000	578 000
Total Fixed Assets	647 000	822 000	1 345 000	1 985 000
Stock	3 371 000	2 027 000	1 853 000	2 579 000
Total Investments	0	0	0	0
Cash, Bank	2 885 000	2 608 000	200 000	197 000
Total Current Assets	7 669 000	7 589 000	6 097 000	5 162 000
Total Assets	8 316 000	8 411 000	7 442 000	7 147 000
Total Equity	3 101 000	3 000 000	3 000 000	3 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	815 000	1 052 000	1 409 000	1 883 000
Creditors	1 682 000	1 222 000	782 000	773 000
Unpaid Taxes	772 000	1 065 000	658 000	709 000
Dividends	1 300 000	1 509 000	1 122 000	0
Other Current Debt	222 000	187 000	171 000	224 000
Total Current Debt	4 400 000	4 359 000	3 033 000	1 948 000
Total Equity and Debt	8 316 000	8 411 000	7 442 000	7 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,18 %	50,3 %	−7,33 %	−13,51 %
Debt-to-Equity Ratio	0,26	0,35	0,47	0,57
Operating Profit Margin	9,94 %	11,48 %	−0,25 %	−3,32 %
Current Ratio	1,74	1,74	2,01	2,65
Quick Ratio	7,45	3,25	5,17	−8,18
Equity Ratio	0,37	0,36	0,4	0,46
Gross Profit Margin	48,19 %	44,92 %	39,34 %	46,72 %