DOVRE ELEMENT AS

2660 DOMBÅS

Finances

Share Ownership

Return on Equity

113,14 %

Current Ratio

2,79

Debt-to-Equity Ratio

−13,99

Key figures (NOK)	2022	2021	2020
Revenue	3 586 000	3 250 000	562 000
Net Income	−155 000	−130 000	54 000
Total Assets	2 272 000	2 583 000	1 951 000
Total Equity	−137 000	18 000	149 000

Income (NOK)	2022	2021	2020
Revenue	3 586 000	3 250 000	562 000
Expenditure	3 651 000	3 331 000	486 000
Operating Profit	−66 000	−82 000	76 000
Financial Income	1 000	0	0
Financial Costs	90 000	62 000	8 000
Financial Balance	−89 000	−62 000	−8 000
Earnings Before Tax	−155 000	−144 000	68 000
Tax	0	−14 000	14 000
Net Income	−155 000	−130 000	54 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	897 000	1 157 000	974 000
Total Current Assets	1 375 000	1 426 000	977 000
Total Assets	2 272 000	2 583 000	1 951 000
Total Retained Equity	−237 000	−82 000	49 000
Total Equity	−137 000	18 000	149 000
Total Long-Term Debt	1 916 000	2 022 000	569 000
Total Current Debt	493 000	543 000	1 234 000
Total Equity and Debt	2 272 000	2 583 000	1 951 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 586 000	3 250 000	562 000
Other Income	0	0	0
Revenue	3 586 000	3 250 000	562 000
Cost of Goods Sold	874 000	1 039 000	206 000
Salary Costs	1 545 000	1 342 000	172 000
Depreciation	244 000	204 000	2 000
Impairment	0	0	0
Expenditure	3 651 000	3 331 000	486 000
Operating Profit	−66 000	−82 000	76 000
Financial Income	1 000	0	0
Financial Costs	90 000	62 000	8 000
Financial Balance	−89 000	−62 000	−8 000
Dividends	0	0	0
Net Income	−155 000	−130 000	54 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	234 000	78 000	0
Machinery and Plant Facilities	0	320 000	0
Fixtures	663 000	759 000	904 000
Total Tangible Assets	897 000	1 157 000	974 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	897 000	1 157 000	974 000
Stock	37 000	25 000	67 000
Total Investments	0	0	0
Cash, Bank	1 151 000	435 000	388 000
Total Current Assets	1 375 000	1 426 000	977 000
Total Assets	2 272 000	2 583 000	1 951 000
Total Equity	−137 000	18 000	149 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 916 000	2 022 000	569 000
Creditors	187 000	83 000	1 173 000
Unpaid Taxes	177 000	323 000	42 000
Dividends	0	0	0
Other Current Debt	129 000	137 000	19 000
Total Current Debt	493 000	543 000	1 234 000
Total Equity and Debt	2 272 000	2 583 000	1 951 000

Financial indicators	2022	2021	2020
Return on Equity	113,14 %	−722,22 %	36,24 %
Debt-to-Equity Ratio	−13,99	112,33	3,82
Operating Profit Margin	−1,84 %	−2,52 %	13,52 %
Current Ratio	2,79	2,63	0,79
Quick Ratio	3,02	2,75	0,84
Equity Ratio	−0,06	0,01	0,08
Gross Profit Margin	75,63 %	68,03 %	63,35 %