DESA NOR EXPRESS AS

1081 OSLO

Finances

Share Ownership

Return on Equity

16,33 %

Current Ratio

1,02

Debt-to-Equity Ratio

2,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 392 000	5 038 000	3 551 000	3 268 000
Net Income	64 000	−166 000	51 000	263 000
Total Assets	3 318 000	2 358 000	2 084 000	1 676 000
Total Equity	392 000	329 000	495 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 392 000	5 038 000	3 551 000	3 268 000
Expenditure	8 255 000	5 195 000	3 433 000	2 889 000
Operating Profit	137 000	−157 000	119 000	379 000
Financial Income	0	0	0	0
Financial Costs	55 000	55 000	52 000	41 000
Financial Balance	−55 000	−55 000	−52 000	−41 000
Earnings Before Tax	82 000	−212 000	66 000	339 000
Tax	19 000	−46 000	15 000	76 000
Net Income	64 000	−166 000	51 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 493 000	1 489 000	1 639 000	1 155 000
Total Current Assets	1 826 000	869 000	444 000	521 000
Total Assets	3 318 000	2 358 000	2 084 000	1 676 000
Total Retained Equity	362 000	299 000	465 000	414 000
Total Equity	392 000	329 000	495 000	444 000
Total Long-Term Debt	1 139 000	1 077 000	1 021 000	614 000
Total Current Debt	1 787 000	953 000	567 000	618 000
Total Equity and Debt	3 318 000	2 358 000	2 084 000	1 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 134 000	4 853 000	3 502 000	3 047 000
Other Income	258 000	184 000	49 000	220 000
Revenue	8 392 000	5 038 000	3 551 000	3 268 000
Cost of Goods Sold	4 216 000	882 000	574 000	22 000
Salary Costs	1 683 000	1 868 000	1 098 000	1 085 000
Depreciation	568 000	459 000	402 000	349 000
Impairment	0	0	0	0
Expenditure	8 255 000	5 195 000	3 433 000	2 889 000
Operating Profit	137 000	−157 000	119 000	379 000
Financial Income	0	0	0	0
Financial Costs	55 000	55 000	52 000	41 000
Financial Balance	−55 000	−55 000	−52 000	−41 000
Dividends	0	0	0	0
Net Income	64 000	−166 000	51 000	263 000

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	1 457 000	0	0	0
Fixtures	35 000	1 489 000	1 639 000	1 155 000
Total Tangible Assets	1 493 000	1 489 000	1 639 000	1 155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 493 000	1 489 000	1 639 000	1 155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	14 000	40 000	38 000
Total Current Assets	1 826 000	869 000	444 000	521 000
Total Assets	3 318 000	2 358 000	2 084 000	1 676 000
Total Equity	392 000	329 000	495 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 139 000	1 077 000	1 021 000	614 000
Creditors	73 000	37 000	116 000	54 000
Unpaid Taxes	65 000	374 000	227 000	179 000
Dividends	0	0	0	0
Other Current Debt	1 636 000	542 000	212 000	354 000
Total Current Debt	1 787 000	953 000	567 000	618 000
Total Equity and Debt	3 318 000	2 358 000	2 084 000	1 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,33 %	−50,46 %	10,3 %	59,23 %
Debt-to-Equity Ratio	2,91	3,27	2,06	1,38
Operating Profit Margin	1,63 %	−3,12 %	3,35 %	11,6 %
Current Ratio	1,02	0,91	0,78	0,84
Quick Ratio	1,02	0,91	0,78	0,84
Equity Ratio	0,12	0,14	0,24	0,26
Gross Profit Margin	49,76 %	82,49 %	83,84 %	99,33 %