DYNAMIC WELL SOLUTIONS RENTAL AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

99,64 %

Current Ratio

2,84

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 908 000	1 245 000	488 000	950 000
Net Income	3 300 000	−76 000	−491 000	91 000
Total Assets	11 083 000	8 942 000	6 315 000	8 871 000
Total Equity	3 312 000	12 000	88 000	579 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 908 000	1 245 000	488 000	950 000
Expenditure	3 344 000	923 000	670 000	785 000
Operating Profit	4 564 000	323 000	−183 000	166 000
Financial Income	5 000	6 000	1 000	0
Financial Costs	476 000	404 000	331 000	53 000
Financial Balance	−471 000	−398 000	−330 000	−53 000
Earnings Before Tax	4 093 000	−76 000	−513 000	113 000
Tax	793 000	0	−22 000	22 000
Net Income	3 300 000	−76 000	−491 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 334 000	8 338 000	5 655 000	6 283 000
Total Current Assets	3 750 000	604 000	660 000	2 587 000
Total Assets	11 083 000	8 942 000	6 315 000	8 871 000
Total Retained Equity	2 812 000	−488 000	−412 000	79 000
Total Equity	3 312 000	12 000	88 000	579 000
Total Long-Term Debt	6 453 000	8 054 000	5 509 000	6 027 000
Total Current Debt	1 319 000	876 000	719 000	2 264 000
Total Equity and Debt	11 083 000	8 942 000	6 315 000	8 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 908 000	1 245 000	488 000	950 000
Other Income	0	0	0	0
Revenue	7 908 000	1 245 000	488 000	950 000
Cost of Goods Sold	1 868 000	0	0	550 000
Salary Costs	0	0	0	0
Depreciation	1 004 000	858 000	628 000	217 000
Impairment	0	0	0	0
Expenditure	3 344 000	923 000	670 000	785 000
Operating Profit	4 564 000	323 000	−183 000	166 000
Financial Income	5 000	6 000	1 000	0
Financial Costs	476 000	404 000	331 000	53 000
Financial Balance	−471 000	−398 000	−330 000	−53 000
Dividends	0	0	0	0
Net Income	3 300 000	−76 000	−491 000	91 000

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	7 334 000	8 338 000	5 655 000	6 283 000
Total Tangible Assets	7 334 000	8 338 000	5 655 000	6 283 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 334 000	8 338 000	5 655 000	6 283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	427 000	3 000	79 000	5 000
Total Current Assets	3 750 000	604 000	660 000	2 587 000
Total Assets	11 083 000	8 942 000	6 315 000	8 871 000
Total Equity	3 312 000	12 000	88 000	579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 453 000	8 054 000	5 509 000	6 027 000
Creditors	856 000	0	1 000	1 626 000
Unpaid Taxes	181 000	170 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	19 000	705 000	688 000	639 000
Total Current Debt	1 319 000	876 000	719 000	2 264 000
Total Equity and Debt	11 083 000	8 942 000	6 315 000	8 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,64 %	−633,33 %	−557,95 %	15,72 %
Debt-to-Equity Ratio	1,95	671,17	62,6	10,41
Operating Profit Margin	57,71 %	25,94 %	−37,5 %	17,47 %
Current Ratio	2,84	0,69	0,92	1,14
Quick Ratio	2,84	0,69	0,92	1,14
Equity Ratio	0,3	0	0,01	0,07
Gross Profit Margin	76,38 %	100 %	100 %	42,11 %