DANESCO AS

1361 ØSTERÅS

Finances

Share Ownership

Return on Equity

40,93 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 572 000	6 420 000	729 000	862 000
Net Income	508 000	679 000	157 000	156 000
Total Assets	7 484 000	1 232 000	880 000	1 602 000
Total Equity	1 241 000	733 000	364 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 572 000	6 420 000	729 000	862 000
Expenditure	3 951 000	5 537 000	565 000	665 000
Operating Profit	622 000	882 000	164 000	197 000
Financial Income	30 000	135 000	38 000	3 000
Financial Costs	0	143 000	0	0
Financial Balance	30 000	−8 000	38 000	3 000
Earnings Before Tax	652 000	874 000	202 000	201 000
Tax	143 000	194 000	44 000	44 000
Net Income	508 000	679 000	157 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 484 000	1 232 000	880 000	1 602 000
Total Assets	7 484 000	1 232 000	880 000	1 602 000
Total Retained Equity	1 191 000	683 000	314 000	156 000
Total Equity	1 241 000	733 000	364 000	206 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 243 000	499 000	516 000	1 396 000
Total Equity and Debt	7 484 000	1 232 000	880 000	1 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 572 000	6 420 000	729 000	862 000
Other Income	0	0	0	0
Revenue	4 572 000	6 420 000	729 000	862 000
Cost of Goods Sold	3 851 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 951 000	5 537 000	565 000	665 000
Operating Profit	622 000	882 000	164 000	197 000
Financial Income	30 000	135 000	38 000	3 000
Financial Costs	0	143 000	0	0
Financial Balance	30 000	−8 000	38 000	3 000
Dividends	0	0	0	0
Net Income	508 000	679 000	157 000	156 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 951 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 271 000	872 000	879 000	1 451 000
Total Current Assets	7 484 000	1 232 000	880 000	1 602 000
Total Assets	7 484 000	1 232 000	880 000	1 602 000
Total Equity	1 241 000	733 000	364 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	93 000	0	53 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 088 000	212 000	471 000	1 298 000
Total Current Debt	6 243 000	499 000	516 000	1 396 000
Total Equity and Debt	7 484 000	1 232 000	880 000	1 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,93 %	92,63 %	43,13 %	75,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,6 %	13,74 %	22,5 %	22,85 %
Current Ratio	1,2	2,47	1,71	1,15
Quick Ratio	2,27	2,47	1,71	1,15
Equity Ratio	0,17	0,59	0,41	0,13
Gross Profit Margin	15,77 %	100 %	100 %	100 %