DRAGSUND VERKSTEDSENTER AS

6060 HAREID

Finances

Share Ownership

Return on Equity

1,88 %

Current Ratio

2,27

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 491 000	2 517 000	2 492 000	2 364 000
Net Income	111 000	322 000	351 000	−5 000
Total Assets	20 307 000	21 007 000	21 646 000	21 933 000
Total Equity	5 909 000	5 798 000	5 477 000	169 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 491 000	2 517 000	2 492 000	2 364 000
Expenditure	1 769 000	1 728 000	1 578 000	1 593 000
Operating Profit	722 000	789 000	913 000	771 000
Financial Income	0	0	0	0
Financial Costs	596 000	467 000	562 000	776 000
Financial Balance	−596 000	−467 000	−562 000	−776 000
Earnings Before Tax	126 000	322 000	351 000	−5 000
Tax	15 000	0	0	0
Net Income	111 000	322 000	351 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 765 000	20 484 000	21 036 000	21 747 000
Total Current Assets	542 000	523 000	610 000	186 000
Total Assets	20 307 000	21 007 000	21 646 000	21 933 000
Total Retained Equity	53 000	−58 000	−379 000	−731 000
Total Equity	5 909 000	5 798 000	5 477 000	169 000
Total Long-Term Debt	14 159 000	14 976 000	15 980 000	20 034 000
Total Current Debt	239 000	233 000	190 000	1 729 000
Total Equity and Debt	20 307 000	21 007 000	21 646 000	21 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 491 000	2 517 000	2 492 000	2 364 000
Revenue	2 491 000	2 517 000	2 492 000	2 364 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	719 000	715 000	711 000	711 000
Impairment	0	0	0	0
Expenditure	1 769 000	1 728 000	1 578 000	1 593 000
Operating Profit	722 000	789 000	913 000	771 000
Financial Income	0	0	0	0
Financial Costs	596 000	467 000	562 000	776 000
Financial Balance	−596 000	−467 000	−562 000	−776 000
Dividends	0	0	0	0
Net Income	111 000	322 000	351 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 949 000	19 521 000	20 016 000	20 581 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	815 000	963 000	1 020 000	1 166 000
Total Tangible Assets	19 765 000	20 484 000	21 036 000	21 747 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 765 000	20 484 000	21 036 000	21 747 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	435 000	476 000	564 000	129 000
Total Current Assets	542 000	523 000	610 000	186 000
Total Assets	20 307 000	21 007 000	21 646 000	21 933 000
Total Equity	5 909 000	5 798 000	5 477 000	169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 159 000	14 976 000	15 980 000	20 034 000
Creditors	141 000	102 000	78 000	231 000
Unpaid Taxes	36 000	52 000	62 000	54 000
Dividends	0	0	0	0
Other Current Debt	61 000	79 000	49 000	1 444 000
Total Current Debt	239 000	233 000	190 000	1 729 000
Total Equity and Debt	20 307 000	21 007 000	21 646 000	21 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,88 %	5,55 %	6,41 %	−2,96 %
Debt-to-Equity Ratio	2,4	2,58	2,92	118,54
Operating Profit Margin	28,98 %	31,35 %	36,64 %	32,61 %
Current Ratio	2,27	2,24	3,21	0,11
Quick Ratio	2,27	2,24	3,21	0,11
Equity Ratio	0,29	0,28	0,25	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %