DEN-TECH AS

3512 HØNEFOSS

Finances

Share Ownership

Return on Equity

29,07 %

Current Ratio

6,33

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 854 000	15 772 000	12 430 000	11 447 000
Net Income	1 259 000	610 000	218 000	155 000
Total Assets	12 327 000	11 899 000	11 628 000	14 768 000
Total Equity	4 331 000	3 072 000	2 462 000	2 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 854 000	15 772 000	12 430 000	11 447 000
Expenditure	12 253 000	14 999 000	12 144 000	11 233 000
Operating Profit	1 601 000	773 000	286 000	215 000
Financial Income	16 000	−1 000	2 000	6 000
Financial Costs	2 000	2 000	8 000	21 000
Financial Balance	14 000	−3 000	−6 000	−15 000
Earnings Before Tax	1 615 000	771 000	280 000	199 000
Tax	356 000	161 000	62 000	44 000
Net Income	1 259 000	610 000	218 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 110 000	2 020 000	2 015 000	1 435 000
Total Current Assets	10 218 000	9 879 000	9 613 000	13 333 000
Total Assets	12 327 000	11 899 000	11 628 000	14 768 000
Total Retained Equity	4 231 000	2 972 000	2 362 000	2 144 000
Total Equity	4 331 000	3 072 000	2 462 000	2 244 000
Total Long-Term Debt	6 381 000	7 379 000	7 852 000	10 991 000
Total Current Debt	1 615 000	1 449 000	1 314 000	1 534 000
Total Equity and Debt	12 327 000	11 899 000	11 628 000	14 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 854 000	15 772 000	12 430 000	11 447 000
Other Income	0	0	0	0
Revenue	13 854 000	15 772 000	12 430 000	11 447 000
Cost of Goods Sold	9 192 000	12 349 000	9 243 000	8 526 000
Salary Costs	0	2 000	5 000	7 000
Depreciation	574 000	455 000	569 000	502 000
Impairment	0	0	0	0
Expenditure	12 253 000	14 999 000	12 144 000	11 233 000
Operating Profit	1 601 000	773 000	286 000	215 000
Financial Income	16 000	−1 000	2 000	6 000
Financial Costs	2 000	2 000	8 000	21 000
Financial Balance	14 000	−3 000	−6 000	−15 000
Dividends	0	0	0	0
Net Income	1 259 000	610 000	218 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	250 000	323 000	368 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 931 000	1 770 000	1 692 000	1 067 000
Total Tangible Assets	1 931 000	1 770 000	1 692 000	1 067 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 110 000	2 020 000	2 015 000	1 435 000
Stock	3 193 000	3 470 000	4 431 000	4 585 000
Total Investments	0	0	0	0
Cash, Bank	5 368 000	4 835 000	2 586 000	5 344 000
Total Current Assets	10 218 000	9 879 000	9 613 000	13 333 000
Total Assets	12 327 000	11 899 000	11 628 000	14 768 000
Total Equity	4 331 000	3 072 000	2 462 000	2 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 381 000	7 379 000	7 852 000	10 991 000
Creditors	552 000	525 000	509 000	677 000
Unpaid Taxes	564 000	743 000	641 000	684 000
Dividends	0	0	0	0
Other Current Debt	215 000	94 000	147 000	146 000
Total Current Debt	1 615 000	1 449 000	1 314 000	1 534 000
Total Equity and Debt	12 327 000	11 899 000	11 628 000	14 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,07 %	19,86 %	8,85 %	6,91 %
Debt-to-Equity Ratio	1,47	2,4	3,19	4,9
Operating Profit Margin	11,56 %	4,9 %	2,3 %	1,88 %
Current Ratio	6,33	6,82	7,32	8,69
Quick Ratio	−6,48	−4,89	−3,08	−4,37
Equity Ratio	0,35	0,26	0,21	0,15
Gross Profit Margin	33,65 %	21,7 %	25,64 %	25,52 %