DEMC AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

38,63 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 150 000	797 000	813 000
Net Income	557 000	315 000	301 000
Total Assets	1 901 000	1 698 000	1 386 000
Total Equity	1 442 000	1 446 000	1 248 000

Income (NOK)	2022	2021	2020
Revenue	1 150 000	797 000	813 000
Expenditure	436 000	393 000	426 000
Operating Profit	714 000	404 000	387 000
Financial Income	0	0	0
Financial Costs	0	0	1 000
Financial Balance	0	0	−1 000
Earnings Before Tax	714 000	404 000	386 000
Tax	157 000	89 000	85 000
Net Income	557 000	315 000	301 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	403 000	648 000	240 000
Total Current Assets	1 498 000	1 050 000	1 146 000
Total Assets	1 901 000	1 698 000	1 386 000
Total Retained Equity	0	220 000	1 148 000
Total Equity	1 442 000	1 446 000	1 248 000
Total Long-Term Debt	0	0	0
Total Current Debt	459 000	251 000	138 000
Total Equity and Debt	1 901 000	1 698 000	1 386 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 150 000	797 000	813 000
Other Income	0	0	0
Revenue	1 150 000	797 000	813 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	436 000	174 000	60 000
Impairment	0	0	48 000
Expenditure	436 000	393 000	426 000
Operating Profit	714 000	404 000	387 000
Financial Income	0	0	0
Financial Costs	0	0	1 000
Financial Balance	0	0	−1 000
Dividends	220 000	0	0
Net Income	557 000	315 000	301 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	403 000	648 000	240 000
Fixtures	0	0	0
Total Tangible Assets	403 000	648 000	240 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	403 000	648 000	240 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 498 000	869 000	1 143 000
Total Current Assets	1 498 000	1 050 000	1 146 000
Total Assets	1 901 000	1 698 000	1 386 000
Total Equity	1 442 000	1 446 000	1 248 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	71 000	0
Dividends	220 000	0	0
Other Current Debt	286 000	96 000	53 000
Total Current Debt	459 000	251 000	138 000
Total Equity and Debt	1 901 000	1 698 000	1 386 000

Financial indicators	2022	2021	2020
Return on Equity	38,63 %	21,78 %	24,12 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	62,09 %	50,69 %	47,6 %
Current Ratio	3,26	4,18	8,3
Quick Ratio	3,26	4,18	8,3
Equity Ratio	0,76	0,85	0,9
Gross Profit Margin	100 %	100 %	100 %