DEVTEC NORWAY AS

1534 MOSS

Finances

Return on Equity

57,59 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 202 000	3 727 000	3 518 000	3 474 000
Net Income	110 000	69 000	346 000	453 000
Total Assets	1 971 000	1 514 000	2 525 000	2 071 000
Total Equity	191 000	331 000	862 000	921 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 202 000	3 727 000	3 518 000	3 474 000
Expenditure	4 065 000	3 655 000	3 079 000	2 896 000
Operating Profit	137 000	72 000	440 000	578 000
Financial Income	4 000	17 000	4 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	4 000	17 000	4 000	2 000
Earnings Before Tax	141 000	88 000	444 000	581 000
Tax	31 000	19 000	98 000	128 000
Net Income	110 000	69 000	346 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	22 000	48 000	35 000
Total Current Assets	1 953 000	1 492 000	2 477 000	2 037 000
Total Assets	1 971 000	1 514 000	2 525 000	2 071 000
Total Retained Equity	161 000	301 000	832 000	891 000
Total Equity	191 000	331 000	862 000	921 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	1 781 000	1 183 000	1 662 000	1 150 000
Total Equity and Debt	1 971 000	1 514 000	2 525 000	2 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 202 000	3 727 000	3 518 000	3 474 000
Other Income	0	0	0	0
Revenue	4 202 000	3 727 000	3 518 000	3 474 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 895 000	1 874 000	1 506 000	1 165 000
Depreciation	13 000	27 000	27 000	18 000
Impairment	0	0	0	0
Expenditure	4 065 000	3 655 000	3 079 000	2 896 000
Operating Profit	137 000	72 000	440 000	578 000
Financial Income	4 000	17 000	4 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	4 000	17 000	4 000	2 000
Dividends	0	0	0	0
Net Income	110 000	69 000	346 000	453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	5 000	3 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	17 000	45 000	33 000
Total Tangible Assets	4 000	17 000	45 000	33 000
Total Fiancial Fixed Assets	11 000	0	0	0
Total Fixed Assets	18 000	22 000	48 000	35 000
Stock	0	0	0	0
Total Investments	132 000	132 000	132 000	132 000
Cash, Bank	391 000	326 000	1 057 000	679 000
Total Current Assets	1 953 000	1 492 000	2 477 000	2 037 000
Total Assets	1 971 000	1 514 000	2 525 000	2 071 000
Total Equity	191 000	331 000	862 000	921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	1 001 000	577 000	502 000	516 000
Unpaid Taxes	514 000	401 000	612 000	403 000
Dividends	0	0	0	0
Other Current Debt	237 000	183 000	448 000	102 000
Total Current Debt	1 781 000	1 183 000	1 662 000	1 150 000
Total Equity and Debt	1 971 000	1 514 000	2 525 000	2 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,59 %	20,85 %	40,14 %	49,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,26 %	1,93 %	12,51 %	16,64 %
Current Ratio	1,1	1,26	1,49	1,77
Quick Ratio	1,1	1,26	1,49	1,77
Equity Ratio	0,1	0,22	0,34	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %