VON DOREN WATCH COMPANY AS

0263 OSLO

Finances

Return on Equity

4,82 %

Current Ratio

3,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 550 000	4 038 000	5 246 000	1 802 000
Net Income	162 000	705 000	263 000	−162 000
Total Assets	4 686 000	2 255 000	3 617 000	1 405 000
Total Equity	3 360 000	1 061 000	733 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 550 000	4 038 000	5 246 000	1 802 000
Expenditure	4 365 000	3 266 000	4 877 000	1 955 000
Operating Profit	185 000	772 000	369 000	−153 000
Financial Income	2 000	175 000	24 000	26 000
Financial Costs	25 000	242 000	130 000	35 000
Financial Balance	−23 000	−67 000	−106 000	−9 000
Earnings Before Tax	162 000	705 000	263 000	−162 000
Tax	0	0	0	0
Net Income	162 000	705 000	263 000	−162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	240 000	83 000	83 000
Total Current Assets	4 541 000	2 015 000	3 535 000	1 323 000
Total Assets	4 686 000	2 255 000	3 617 000	1 405 000
Total Retained Equity	887 000	724 000	20 000	−243 000
Total Equity	3 360 000	1 061 000	733 000	−130 000
Total Long-Term Debt	0	540 000	240 000	840 000
Total Current Debt	1 326 000	654 000	2 645 000	696 000
Total Equity and Debt	4 686 000	2 255 000	3 617 000	1 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 550 000	4 038 000	5 246 000	1 802 000
Other Income	0	0	0	0
Revenue	4 550 000	4 038 000	5 246 000	1 802 000
Cost of Goods Sold	875 000	707 000	2 242 000	696 000
Salary Costs	1 434 000	1 286 000	998 000	341 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 365 000	3 266 000	4 877 000	1 955 000
Operating Profit	185 000	772 000	369 000	−153 000
Financial Income	2 000	175 000	24 000	26 000
Financial Costs	25 000	242 000	130 000	35 000
Financial Balance	−23 000	−67 000	−106 000	−9 000
Dividends	0	0	0	0
Net Income	162 000	705 000	263 000	−162 000

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	145 000	240 000	83 000	83 000
Total Fixed Assets	145 000	240 000	83 000	83 000
Stock	1 191 000	717 000	642 000	837 000
Total Investments	0	0	0	0
Cash, Bank	2 947 000	491 000	2 547 000	311 000
Total Current Assets	4 541 000	2 015 000	3 535 000	1 323 000
Total Assets	4 686 000	2 255 000	3 617 000	1 405 000
Total Equity	3 360 000	1 061 000	733 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	540 000	240 000	840 000
Creditors	358 000	193 000	223 000	100 000
Unpaid Taxes	627 000	309 000	523 000	61 000
Dividends	0	0	0	0
Other Current Debt	201 000	150 000	1 546 000	63 000
Total Current Debt	1 326 000	654 000	2 645 000	696 000
Total Equity and Debt	4 686 000	2 255 000	3 617 000	1 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,82 %	66,45 %	35,88 %	124,62 %
Debt-to-Equity Ratio	0	0,51	0,33	−6,46
Operating Profit Margin	4,07 %	19,12 %	7,03 %	−8,49 %
Current Ratio	3,42	3,08	1,34	1,9
Quick Ratio	33,64	−31,98	1,76	−9,38
Equity Ratio	0,72	0,47	0,2	−0,09
Gross Profit Margin	80,77 %	82,49 %	57,26 %	61,38 %