DRAGELAND AS

4380 HAUGE I DALANE

Finances

Share Ownership

Return on Equity

111,87 %

Current Ratio

1,47

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 200 000	61 000	151 000	907 000
Net Income	603 000	124 000	126 000	−270 000
Total Assets	3 011 000	3 410 000	1 452 000	1 400 000
Total Equity	539 000	−64 000	−356 000	−482 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 200 000	61 000	151 000	907 000
Expenditure	4 538 000	90 000	146 000	1 358 000
Operating Profit	661 000	−29 000	5 000	−451 000
Financial Income	122 000	121 000	121 000	181 000
Financial Costs	36 000	15 000	0	0
Financial Balance	86 000	106 000	121 000	181 000
Earnings Before Tax	747 000	77 000	126 000	−270 000
Tax	144 000	−47 000	0	0
Net Income	603 000	124 000	126 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 132 000	1 127 000	1 120 000	1 136 000
Total Current Assets	1 879 000	2 284 000	332 000	264 000
Total Assets	3 011 000	3 410 000	1 452 000	1 400 000
Total Retained Equity	341 000	−262 000	−574 000	−700 000
Total Equity	539 000	−64 000	−356 000	−482 000
Total Long-Term Debt	1 190 000	3 090 000	1 718 000	1 716 000
Total Current Debt	1 282 000	384 000	90 000	165 000
Total Equity and Debt	3 011 000	3 410 000	1 452 000	1 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 200 000	61 000	38 000	907 000
Other Income	0	0	112 000	0
Revenue	5 200 000	61 000	151 000	907 000
Cost of Goods Sold	3 178 000	39 000	25 000	92 000
Salary Costs	1 163 000	24 000	84 000	913 000
Depreciation	4 000	3 000	0	5 000
Impairment	0	0	0	0
Expenditure	4 538 000	90 000	146 000	1 358 000
Operating Profit	661 000	−29 000	5 000	−451 000
Financial Income	122 000	121 000	121 000	181 000
Financial Costs	36 000	15 000	0	0
Financial Balance	86 000	106 000	121 000	181 000
Dividends	0	0	0	0
Net Income	603 000	124 000	126 000	−270 000

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	12 000	16 000	0	16 000
Total Tangible Assets	12 000	16 000	0	16 000
Total Fiancial Fixed Assets	1 120 000	1 111 000	1 120 000	1 120 000
Total Fixed Assets	1 132 000	1 127 000	1 120 000	1 136 000
Stock	0	1 500 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 611 000	191 000	328 000	136 000
Total Current Assets	1 879 000	2 284 000	332 000	264 000
Total Assets	3 011 000	3 410 000	1 452 000	1 400 000
Total Equity	539 000	−64 000	−356 000	−482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 190 000	3 090 000	1 718 000	1 716 000
Creditors	8 000	356 000	36 000	57 000
Unpaid Taxes	945 000	1 000	30 000	56 000
Dividends	0	0	0	0
Other Current Debt	194 000	27 000	23 000	52 000
Total Current Debt	1 282 000	384 000	90 000	165 000
Total Equity and Debt	3 011 000	3 410 000	1 452 000	1 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,87 %	−193,75 %	−35,39 %	56,02 %
Debt-to-Equity Ratio	2,21	−48,28	−4,83	−3,56
Operating Profit Margin	12,71 %	−47,54 %	3,31 %	−49,72 %
Current Ratio	1,47	5,95	3,69	1,6
Quick Ratio	1,47	−2,05	3,69	1,6
Equity Ratio	0,18	−0,02	−0,25	−0,34
Gross Profit Margin	38,88 %	36,07 %	83,44 %	89,86 %