DRAMMEN SVEISESERVICE AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

56,85 %

Current Ratio

3,62

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 685 000	3 139 000	1 459 000	661 000
Net Income	1 174 000	640 000	59 000	−103 000
Total Assets	3 398 000	1 314 000	613 000	376 000
Total Equity	2 065 000	891 000	251 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 685 000	3 139 000	1 459 000	661 000
Expenditure	5 089 000	2 117 000	1 102 000	752 000
Operating Profit	1 595 000	1 023 000	357 000	−91 000
Financial Income	1 000	0	0	0
Financial Costs	69 000	165 000	201 000	8 000
Financial Balance	−68 000	−165 000	−201 000	−8 000
Earnings Before Tax	1 527 000	858 000	156 000	−100 000
Tax	354 000	218 000	98 000	3 000
Net Income	1 174 000	640 000	59 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 026 000	178 000	76 000	225 000
Total Current Assets	2 372 000	1 136 000	536 000	151 000
Total Assets	3 398 000	1 314 000	613 000	376 000
Total Retained Equity	2 035 000	861 000	221 000	155 000
Total Equity	2 065 000	891 000	251 000	185 000
Total Long-Term Debt	678 000	52 000	68 000	83 000
Total Current Debt	655 000	372 000	294 000	107 000
Total Equity and Debt	3 398 000	1 314 000	613 000	376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 685 000	3 139 000	1 459 000	649 000
Other Income	0	0	0	13 000
Revenue	6 685 000	3 139 000	1 459 000	661 000
Cost of Goods Sold	2 361 000	1 000 000	603 000	95 000
Salary Costs	1 000 000	315 000	23 000	4 000
Depreciation	150 000	53 000	148 000	154 000
Impairment	0	0	0	0
Expenditure	5 089 000	2 117 000	1 102 000	752 000
Operating Profit	1 595 000	1 023 000	357 000	−91 000
Financial Income	1 000	0	0	0
Financial Costs	69 000	165 000	201 000	8 000
Financial Balance	−68 000	−165 000	−201 000	−8 000
Dividends	0	0	0	0
Net Income	1 174 000	640 000	59 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	5 000	8 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	31 000	48 000	146 000
Fixtures	1 011 000	142 000	20 000	68 000
Total Tangible Assets	1 024 000	173 000	69 000	214 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 026 000	178 000	76 000	225 000
Stock	0	0	0	0
Total Investments	0	45 000	125 000	0
Cash, Bank	420 000	658 000	339 000	104 000
Total Current Assets	2 372 000	1 136 000	536 000	151 000
Total Assets	3 398 000	1 314 000	613 000	376 000
Total Equity	2 065 000	891 000	251 000	185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	678 000	52 000	68 000	83 000
Creditors	49 000	56 000	34 000	11 000
Unpaid Taxes	240 000	61 000	173 000	67 000
Dividends	0	0	0	0
Other Current Debt	61 000	37 000	12 000	22 000
Total Current Debt	655 000	372 000	294 000	107 000
Total Equity and Debt	3 398 000	1 314 000	613 000	376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,85 %	71,83 %	23,51 %	−55,68 %
Debt-to-Equity Ratio	0,33	0,06	0,27	0,45
Operating Profit Margin	23,86 %	32,59 %	24,47 %	−13,77 %
Current Ratio	3,62	3,05	1,82	1,41
Quick Ratio	3,62	3,05	1,82	1,41
Equity Ratio	0,61	0,68	0,41	0,49
Gross Profit Margin	64,68 %	68,14 %	58,67 %	85,63 %