DENOFA ARBEIDERNES BYGGELAG AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

86,46 %

Current Ratio

Debt-to-Equity Ratio

4,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	623 000	606 000	601 000	578 000
Net Income	166 000	291 000	269 000	−121 000
Total Assets	1 141 000	1 097 000	911 000	766 000
Total Equity	192 000	26 000	−265 000	−534 000

Income (NOK)	2022	2021	2020	2019
Revenue	623 000	606 000	601 000	578 000
Expenditure	416 000	280 000	287 000	639 000
Operating Profit	207 000	327 000	315 000	−61 000
Financial Income	0	0	0	0
Financial Costs	41 000	35 000	46 000	60 000
Financial Balance	−41 000	−35 000	−46 000	−60 000
Earnings Before Tax	166 000	291 000	269 000	−121 000
Tax	0	0	0	0
Net Income	166 000	291 000	269 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	600 000	600 000	600 000
Total Current Assets	540 000	497 000	311 000	166 000
Total Assets	1 141 000	1 097 000	911 000	766 000
Total Retained Equity	0	0	0	−653 000
Total Equity	192 000	26 000	−265 000	−534 000
Total Long-Term Debt	921 000	1 046 000	1 170 000	1 294 000
Total Current Debt	27 000	26 000	7 000	7 000
Total Equity and Debt	1 141 000	1 097 000	911 000	766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	578 000
Other Income	623 000	606 000	601 000	0
Revenue	623 000	606 000	601 000	578 000
Cost of Goods Sold	0	0	0	614 000
Salary Costs	34 000	34 000	22 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	416 000	280 000	287 000	639 000
Operating Profit	207 000	327 000	315 000	−61 000
Financial Income	0	0	0	0
Financial Costs	41 000	35 000	46 000	60 000
Financial Balance	−41 000	−35 000	−46 000	−60 000
Dividends	0	0	0	0
Net Income	166 000	291 000	269 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	600 000	600 000	600 000	600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	600 000	600 000	600 000	600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	600 000	600 000	600 000	600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	492 000	311 000	166 000
Total Current Assets	540 000	497 000	311 000	166 000
Total Assets	1 141 000	1 097 000	911 000	766 000
Total Equity	192 000	26 000	−265 000	−534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	921 000	1 046 000	1 170 000	1 294 000
Creditors	0	0	0	0
Unpaid Taxes	4 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	22 000	7 000	7 000
Total Current Debt	27 000	26 000	7 000	7 000
Total Equity and Debt	1 141 000	1 097 000	911 000	766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,46 %	1 119,23 %	−101,51 %	22,66 %
Debt-to-Equity Ratio	4,8	40,23	−4,42	−2,42
Operating Profit Margin	33,23 %	53,96 %	52,41 %	−10,55 %
Current Ratio	20	19,12	44,43	23,71
Quick Ratio	20	19,12	44,43	23,71
Equity Ratio	0,17	0,02	−0,29	−0,7
Gross Profit Margin	100 %	100 %	100 %	−6,23 %