DRANGEDAL SPAREBANK

3750 DRANGEDAL

Finances

Return on Equity

7,98 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 333 000	111 324 000	101 886 000	101 149 000
Net Income	54 100 000	42 729 000	48 543 000	35 050 000
Total Assets	5 324 409 000	4 781 941 000	4 106 247 000	3 666 542 000
Total Equity	677 805 000	611 105 000	508 729 000	410 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 333 000	111 324 000	101 886 000	101 149 000
Expenditure	69 876 000	68 366 000	60 696 000	53 321 000
Operating Profit	57 141 000	50 069 000	47 749 000	47 828 000
Financial Income	0	0	0	0
Financial Costs	−2 383 000	−880 000	5 049 000	1 917 000
Financial Balance	2 383 000	880 000	−5 049 000	−1 917 000
Earnings Before Tax	59 524 000	50 949 000	42 702 000	45 911 000
Tax	−12 961 000	−9 509 000	−10 475 000	10 861 000
Net Income	54 100 000	42 729 000	48 543 000	35 050 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 582 000	261 514 000	218 149 000	181 351 000
Total Current Assets	4 924 467 000	4 431 953 000	3 881 208 000	3 484 891 000
Total Assets	5 324 409 000	4 781 941 000	4 106 247 000	3 666 542 000
Total Retained Equity	522 805 000	476 105 000	438 729 000	370 761 000
Total Equity	677 805 000	611 105 000	508 729 000	410 761 000
Total Long-Term Debt	61 937 000	58 969 000	50 843 000	70 000 000
Total Current Debt	4 566 966 000	4 095 902 000	3 535 134 000	3 185 782 000
Total Equity and Debt	5 324 409 000	4 781 941 000	4 106 247 000	106 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	122 333 000	111 324 000	101 886 000	101 149 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 414 000	34 401 000	30 097 000	28 132 000
Depreciation	3 967 000	2 873 000	1 583 000	1 243 000
Impairment	0	0	0	0
Expenditure	69 876 000	68 366 000	60 696 000	53 321 000
Operating Profit	57 141 000	50 069 000	47 749 000	47 828 000
Financial Income	0	0	0	0
Financial Costs	−2 383 000	−880 000	5 049 000	1 917 000
Financial Balance	2 383 000	880 000	−5 049 000	−1 917 000
Dividends	0	0	0	0
Net Income	54 100 000	42 729 000	48 543 000	35 050 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 955 000	3 072 000	0	8 000
Real Eastate	0	0	0	2 244 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 695 000
Total Tangible Assets	17 588 000	19 826 000	11 512 000	8 939 000
Total Fiancial Fixed Assets	286 039 000	238 616 000	206 637 000	172 404 000
Total Fixed Assets	305 582 000	261 514 000	218 149 000	181 351 000
Stock	0	0	0	0
Total Investments	203 199 000	171 923 000	148 885 000	149 274 000
Cash, Bank	0	0	0	0
Total Current Assets	4 924 467 000	4 431 953 000	3 881 208 000	3 484 891 000
Total Assets	5 324 409 000	4 781 941 000	4 106 247 000	3 666 542 000
Total Equity	677 805 000	611 105 000	508 729 000	410 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 937 000	58 969 000	50 843 000	70 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 479 836 000	4 061 696 000	3 446 570 000	3 085 721 000
Total Current Debt	4 566 966 000	4 095 902 000	3 535 134 000	3 185 782 000
Total Equity and Debt	5 324 409 000	4 781 941 000	4 106 247 000	106 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,98 %	6,99 %	9,54 %	8,53 %
Debt-to-Equity Ratio	0,09	0,1	0,1	0,17
Operating Profit Margin	46,71 %	44,98 %	46,87 %	47,28 %
Current Ratio	1,08	1,08	1,1	1,09
Quick Ratio	1,08	1,08	1,1	1,09
Equity Ratio	0,13	0,13	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %