DIVAN FREDRIKSTAD AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−59,54 %

Current Ratio

0,24

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 785 000	6 908 000	5 998 000	4 612 000
Net Income	−103 000	446 000	276 000	158 000
Total Assets	2 017 000	1 895 000	1 516 000	1 286 000
Total Equity	173 000	276 000	31 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 785 000	6 908 000	5 998 000	4 612 000
Expenditure	5 845 000	6 329 000	5 643 000	4 427 000
Operating Profit	−61 000	579 000	354 000	185 000
Financial Income	0	0	0	0
Financial Costs	45 000	8 000	4 000	27 000
Financial Balance	−45 000	−8 000	−4 000	−27 000
Earnings Before Tax	−105 000	571 000	350 000	158 000
Tax	−2 000	126 000	74 000	0
Net Income	−103 000	446 000	276 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 619 000	598 000	20 000	502 000
Total Current Assets	398 000	1 297 000	1 495 000	784 000
Total Assets	2 017 000	1 895 000	1 516 000	1 286 000
Total Retained Equity	143 000	246 000	1 000	25 000
Total Equity	173 000	276 000	31 000	55 000
Total Long-Term Debt	191 000	224 000	0	427 000
Total Current Debt	1 652 000	1 395 000	1 485 000	805 000
Total Equity and Debt	2 017 000	1 895 000	1 516 000	1 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 336 000	6 013 000	5 702 000	4 387 000
Other Income	449 000	895 000	296 000	224 000
Revenue	5 785 000	6 908 000	5 998 000	4 612 000
Cost of Goods Sold	1 541 000	1 742 000	1 906 000	1 051 000
Salary Costs	2 609 000	2 982 000	2 576 000	2 331 000
Depreciation	149 000	138 000	33 000	91 000
Impairment	42 000	0	0	0
Expenditure	5 845 000	6 329 000	5 643 000	4 427 000
Operating Profit	−61 000	579 000	354 000	185 000
Financial Income	0	0	0	0
Financial Costs	45 000	8 000	4 000	27 000
Financial Balance	−45 000	−8 000	−4 000	−27 000
Dividends	0	200 000	300 000	0
Net Income	−103 000	446 000	276 000	158 000

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	569 000	598 000	20 000	502 000
Total Tangible Assets	569 000	598 000	20 000	502 000
Total Fiancial Fixed Assets	1 050 000	0	0	0
Total Fixed Assets	1 619 000	598 000	20 000	502 000
Stock	78 000	93 000	93 000	89 000
Total Investments	0	0	0	0
Cash, Bank	199 000	951 000	1 177 000	572 000
Total Current Assets	398 000	1 297 000	1 495 000	784 000
Total Assets	2 017 000	1 895 000	1 516 000	1 286 000
Total Equity	173 000	276 000	31 000	55 000
Short-Term Group Debt	0	0	74 000	20 000
Total Long-Term Debt	191 000	224 000	0	427 000
Creditors	201 000	119 000	79 000	13 000
Unpaid Taxes	260 000	359 000	344 000	305 000
Dividends	0	200 000	300 000	0
Other Current Debt	692 000	594 000	614 000	466 000
Total Current Debt	1 652 000	1 395 000	1 485 000	805 000
Total Equity and Debt	2 017 000	1 895 000	1 516 000	1 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,54 %	161,59 %	890,32 %	287,27 %
Debt-to-Equity Ratio	1,1	0,81	0	7,76
Operating Profit Margin	−1,05 %	8,38 %	5,9 %	4,01 %
Current Ratio	0,24	0,93	1,01	0,97
Quick Ratio	0,25	1	1,07	1,09
Equity Ratio	0,09	0,15	0,02	0,04
Gross Profit Margin	73,36 %	74,78 %	68,22 %	77,21 %