DEVECIOGLU AS

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

74,6 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 457 000	5 332 000	4 769 000	5 406 000
Net Income	−699 000	−224 000	100 000	−107 000
Total Assets	697 000	796 000	477 000	456 000
Total Equity	−937 000	−238 000	−14 000	−113 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 457 000	5 332 000	4 769 000	5 406 000
Expenditure	8 136 000	5 546 000	4 653 000	5 510 000
Operating Profit	−680 000	−215 000	116 000	−104 000
Financial Income	2 000	0	0	0
Financial Costs	20 000	10 000	2 000	3 000
Financial Balance	−18 000	−10 000	−2 000	−3 000
Earnings Before Tax	−699 000	−224 000	114 000	−107 000
Tax	0	0	14 000	0
Net Income	−699 000	−224 000	100 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	346 000	68 000	102 000
Total Current Assets	375 000	450 000	409 000	354 000
Total Assets	697 000	796 000	477 000	456 000
Total Retained Equity	−967 000	−268 000	−44 000	−143 000
Total Equity	−937 000	−238 000	−14 000	−113 000
Total Long-Term Debt	166 000	269 000	0	0
Total Current Debt	1 468 000	765 000	491 000	570 000
Total Equity and Debt	697 000	796 000	477 000	456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 384 000	5 173 000	4 769 000	5 406 000
Other Income	72 000	160 000	0	0
Revenue	7 457 000	5 332 000	4 769 000	5 406 000
Cost of Goods Sold	3 779 000	2 533 000	2 374 000	2 630 000
Salary Costs	2 502 000	1 784 000	1 238 000	1 930 000
Depreciation	83 000	32 000	6 000	26 000
Impairment	0	0	0	0
Expenditure	8 136 000	5 546 000	4 653 000	5 510 000
Operating Profit	−680 000	−215 000	116 000	−104 000
Financial Income	2 000	0	0	0
Financial Costs	20 000	10 000	2 000	3 000
Financial Balance	−18 000	−10 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−699 000	−224 000	100 000	−107 000

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	272 000	296 000	18 000	52 000
Total Tangible Assets	272 000	296 000	18 000	52 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	322 000	346 000	68 000	102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	273 000	381 000	346 000	321 000
Total Current Assets	375 000	450 000	409 000	354 000
Total Assets	697 000	796 000	477 000	456 000
Total Equity	−937 000	−238 000	−14 000	−113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	166 000	269 000	0	0
Creditors	870 000	444 000	254 000	21 000
Unpaid Taxes	185 000	110 000	163 000	345 000
Dividends	0	0	0	0
Other Current Debt	412 000	211 000	59 000	203 000
Total Current Debt	1 468 000	765 000	491 000	570 000
Total Equity and Debt	697 000	796 000	477 000	456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,6 %	94,12 %	−714,29 %	94,69 %
Debt-to-Equity Ratio	−0,18	−1,13	−0	−0
Operating Profit Margin	−9,12 %	−4,03 %	2,43 %	−1,92 %
Current Ratio	0,26	0,59	0,83	0,62
Quick Ratio	0,26	0,59	0,83	0,62
Equity Ratio	−1,34	−0,3	−0,03	−0,25
Gross Profit Margin	49,32 %	52,49 %	50,22 %	51,35 %