DANFOSS AS

1337 SANDVIKA

Finances

Return on Equity

45,97 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	551 100 000	424 140 000	437 187 000	449 088 000
Net Income	11 410 000	13 309 000	14 484 000	21 777 000
Total Assets	100 159 000	120 235 000	105 448 000	88 410 000
Total Equity	24 819 000	13 409 000	16 789 000	40 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	551 100 000	424 140 000	437 187 000	449 088 000
Expenditure	537 931 000	405 106 000	419 372 000	420 665 000
Operating Profit	13 169 000	19 034 000	17 815 000	28 424 000
Financial Income	1 703 000	145 000	904 000	96 000
Financial Costs	74 000	65 000	98 000	461 000
Financial Balance	1 629 000	80 000	806 000	−365 000
Earnings Before Tax	14 797 000	17 097 000	18 621 000	28 059 000
Tax	3 387 000	3 787 000	4 137 000	6 282 000
Net Income	11 410 000	13 309 000	14 484 000	21 777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	1 494 000	1 045 000	1 209 000
Total Current Assets	99 284 000	118 740 000	104 403 000	87 201 000
Total Assets	100 159 000	120 235 000	105 448 000	88 410 000
Total Retained Equity	21 159 000	9 749 000	13 129 000	37 241 000
Total Equity	24 819 000	13 409 000	16 789 000	40 901 000
Total Long-Term Debt	0	0	0	197 000
Total Current Debt	75 340 000	106 826 000	88 659 000	47 311 000
Total Equity and Debt	100 159 000	120 235 000	105 448 000	88 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 912 000	424 128 000	436 989 000	448 468 000
Other Income	188 000	12 000	197 000	621 000
Revenue	551 100 000	424 140 000	437 187 000	449 088 000
Cost of Goods Sold	459 494 000	329 773 000	354 968 000	340 101 000
Salary Costs	51 834 000	49 921 000	44 832 000	48 283 000
Depreciation	50 000	59 000	93 000	93 000
Impairment	0	0	0	0
Expenditure	537 931 000	405 106 000	419 372 000	420 665 000
Operating Profit	13 169 000	19 034 000	17 815 000	28 424 000
Financial Income	1 703 000	145 000	904 000	96 000
Financial Costs	74 000	65 000	98 000	461 000
Financial Balance	1 629 000	80 000	806 000	−365 000
Dividends	0	0	38 596 000	0
Net Income	11 410 000	13 309 000	14 484 000	21 777 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	696 000	1 248 000	740 000	810 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	158 000	217 000	310 000
Total Tangible Assets	90 000	158 000	217 000	310 000
Total Fiancial Fixed Assets	88 000	88 000	88 000	88 000
Total Fixed Assets	875 000	1 494 000	1 045 000	1 209 000
Stock	2 375 000	5 227 000	2 451 000	1 723 000
Total Investments	0	0	0	0
Cash, Bank	2 091 000	1 934 000	1 917 000	1 806 000
Total Current Assets	99 284 000	118 740 000	104 403 000	87 201 000
Total Assets	100 159 000	120 235 000	105 448 000	88 410 000
Total Equity	24 819 000	13 409 000	16 789 000	40 901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	197 000
Creditors	19 717 000	40 152 000	14 714 000	7 870 000
Unpaid Taxes	22 653 000	23 435 000	17 038 000	16 015 000
Dividends	0	0	38 596 000	0
Other Current Debt	30 135 000	22 254 000	14 245 000	17 456 000
Total Current Debt	75 340 000	106 826 000	88 659 000	47 311 000
Total Equity and Debt	100 159 000	120 235 000	105 448 000	88 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,97 %	99,25 %	86,27 %	53,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,39 %	4,49 %	4,07 %	6,33 %
Current Ratio	1,32	1,11	1,18	1,84
Quick Ratio	1,36	1,17	1,21	1,91
Equity Ratio	0,25	0,11	0,16	0,46
Gross Profit Margin	16,62 %	22,25 %	18,81 %	24,27 %