DEVICO USA AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

1 288,89 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 416 000	10 716 000	4 275 000	6 951 000
Net Income	1 624 000	1 825 000	−1 595 000	−636 000
Total Assets	14 000 000	15 693 000	5 085 000	6 818 000
Total Equity	126 000	102 000	−723 000	871 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 416 000	10 716 000	4 275 000	6 951 000
Expenditure	9 389 000	9 173 000	5 446 000	7 586 000
Operating Profit	1 027 000	1 542 000	−1 786 000	−635 000
Financial Income	849 000	283 000	275 000	75 000
Financial Costs	252 000	0	99 000	2 000
Financial Balance	597 000	283 000	176 000	73 000
Earnings Before Tax	1 624 000	1 825 000	−1 610 000	−561 000
Tax	0	0	−15 000	74 000
Net Income	1 624 000	1 825 000	−1 595 000	−636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	413 000	553 000	709 000
Total Current Assets	13 806 000	15 281 000	4 532 000	6 109 000
Total Assets	14 000 000	15 693 000	5 085 000	6 818 000
Total Retained Equity	96 000	72 000	−753 000	841 000
Total Equity	126 000	102 000	−723 000	871 000
Total Long-Term Debt	0	0	−15 000	0
Total Current Debt	13 874 000	15 591 000	5 823 000	5 946 000
Total Equity and Debt	14 000 000	15 693 000	5 085 000	6 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 416 000	10 570 000	4 275 000	6 868 000
Other Income	0	145 000	0	83 000
Revenue	10 416 000	10 716 000	4 275 000	6 951 000
Cost of Goods Sold	4 621 000	6 307 000	2 970 000	3 717 000
Salary Costs	3 256 000	2 099 000	1 565 000	2 412 000
Depreciation	141 000	156 000	156 000	111 000
Impairment	0	0	0	0
Expenditure	9 389 000	9 173 000	5 446 000	7 586 000
Operating Profit	1 027 000	1 542 000	−1 786 000	−635 000
Financial Income	849 000	283 000	275 000	75 000
Financial Costs	252 000	0	99 000	2 000
Financial Balance	597 000	283 000	176 000	73 000
Dividends	1 600 000	1 600 000	0	0
Net Income	1 624 000	1 825 000	−1 595 000	−636 000

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	194 000	335 000	460 000	601 000
Fixtures	0	78 000	93 000	108 000
Total Tangible Assets	194 000	413 000	553 000	709 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 000	413 000	553 000	709 000
Stock	1 580 000	1 574 000	0	1 481 000
Total Investments	0	0	0	0
Cash, Bank	6 293 000	8 602 000	3 544 000	4 001 000
Total Current Assets	13 806 000	15 281 000	4 532 000	6 109 000
Total Assets	14 000 000	15 693 000	5 085 000	6 818 000
Total Equity	126 000	102 000	−723 000	871 000
Short-Term Group Debt	1 600 000	0	0	0
Total Long-Term Debt	0	0	−15 000	0
Creditors	10 650 000	13 987 000	5 787 000	6 155 000
Unpaid Taxes	23 000	4 000	1 000	12 000
Dividends	1 600 000	1 600 000	0	0
Other Current Debt	0	0	99 000	0
Total Current Debt	13 874 000	15 591 000	5 823 000	5 946 000
Total Equity and Debt	14 000 000	15 693 000	5 085 000	6 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 288,89 %	1 789,22 %	220,61 %	−73,02 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	9,86 %	14,39 %	−41,78 %	−9,14 %
Current Ratio	1	0,98	0,78	1,03
Quick Ratio	1,12	1,09	0,78	1,37
Equity Ratio	0,01	0,01	−0,14	0,13
Gross Profit Margin	55,64 %	41,14 %	30,53 %	46,53 %