DANFO AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

91,69 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 198 000	39 360 000	34 288 000	32 101 000
Net Income	5 564 000	4 478 000	5 528 000	4 890 000
Total Assets	20 812 000	18 461 000	18 339 000	14 758 000
Total Equity	6 068 000	5 004 000	4 526 000	3 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 198 000	39 360 000	34 288 000	32 101 000
Expenditure	40 102 000	33 619 000	27 564 000	25 825 000
Operating Profit	7 095 000	5 741 000	6 723 000	6 275 000
Financial Income	49 000	7 000	9 000	3 000
Financial Costs	2 000	5 000	1 000	5 000
Financial Balance	47 000	2 000	8 000	−2 000
Earnings Before Tax	7 143 000	5 744 000	6 731 000	6 273 000
Tax	1 578 000	1 266 000	1 203 000	1 383 000
Net Income	5 564 000	4 478 000	5 528 000	4 890 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 275 000	656 000	1 228 000	1 859 000
Total Current Assets	17 536 000	17 806 000	17 111 000	12 899 000
Total Assets	20 812 000	18 461 000	18 339 000	14 758 000
Total Retained Equity	5 768 000	4 704 000	4 226 000	3 698 000
Total Equity	6 068 000	5 004 000	4 526 000	3 998 000
Total Long-Term Debt	0	0	0	320 000
Total Current Debt	14 744 000	13 458 000	13 813 000	10 440 000
Total Equity and Debt	20 812 000	18 461 000	18 339 000	14 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 198 000	39 360 000	34 288 000	32 101 000
Other Income	0	0	0	0
Revenue	47 198 000	39 360 000	34 288 000	32 101 000
Cost of Goods Sold	28 130 000	24 549 000	19 405 000	18 464 000
Salary Costs	5 569 000	4 091 000	3 676 000	3 166 000
Depreciation	364 000	318 000	517 000	469 000
Impairment	0	0	0	0
Expenditure	40 102 000	33 619 000	27 564 000	25 825 000
Operating Profit	7 095 000	5 741 000	6 723 000	6 275 000
Financial Income	49 000	7 000	9 000	3 000
Financial Costs	2 000	5 000	1 000	5 000
Financial Balance	47 000	2 000	8 000	−2 000
Dividends	4 500 000	4 000 000	5 000 000	4 500 000
Net Income	5 564 000	4 478 000	5 528 000	4 890 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	22 000	3 000	0
Real Eastate	3 071 000	461 000	898 000	1 132 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	173 000	327 000	726 000
Total Tangible Assets	3 215 000	634 000	1 225 000	1 859 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 275 000	656 000	1 228 000	1 859 000
Stock	1 992 000	1 929 000	1 311 000	1 306 000
Total Investments	0	0	0	0
Cash, Bank	10 018 000	11 651 000	12 500 000	10 364 000
Total Current Assets	17 536 000	17 806 000	17 111 000	12 899 000
Total Assets	20 812 000	18 461 000	18 339 000	14 758 000
Total Equity	6 068 000	5 004 000	4 526 000	3 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	320 000
Creditors	2 882 000	3 126 000	1 040 000	1 464 000
Unpaid Taxes	2 212 000	1 730 000	1 421 000	730 000
Dividends	4 500 000	4 000 000	5 000 000	4 500 000
Other Current Debt	3 533 000	3 317 000	4 826 000	2 640 000
Total Current Debt	14 744 000	13 458 000	13 813 000	10 440 000
Total Equity and Debt	20 812 000	18 461 000	18 339 000	14 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,69 %	89,49 %	122,14 %	122,31 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	15,03 %	14,59 %	19,61 %	19,55 %
Current Ratio	1,19	1,32	1,24	1,24
Quick Ratio	1,38	1,54	1,37	1,41
Equity Ratio	0,29	0,27	0,25	0,27
Gross Profit Margin	40,4 %	37,63 %	43,41 %	42,48 %