DOVRE GROUP CONSULTING AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

49,81 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	162 394 000	150 526 000	143 378 000	65 872 000
Net Income	16 371 000	16 053 000	8 932 000	3 332 000
Total Assets	91 170 000	71 116 000	68 059 000	33 476 000
Total Equity	32 864 000	30 493 000	20 199 000	16 267 000

Income (NOK)	2022	2021	2020	2019
Revenue	162 394 000	150 526 000	143 378 000	65 872 000
Expenditure	141 776 000	129 887 000	131 720 000	61 691 000
Operating Profit	20 618 000	20 639 000	11 659 000	4 181 000
Financial Income	837 000	322 000	288 000	272 000
Financial Costs	464 000	380 000	494 000	181 000
Financial Balance	373 000	−58 000	−206 000	91 000
Earnings Before Tax	20 990 000	20 581 000	11 453 000	4 272 000
Tax	4 619 000	4 528 000	2 520 000	940 000
Net Income	16 371 000	16 053 000	8 932 000	3 332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 292 000	5 531 000	6 913 000	0
Total Current Assets	86 878 000	65 586 000	61 145 000	33 476 000
Total Assets	91 170 000	71 116 000	68 059 000	33 476 000
Total Retained Equity	30 766 000	28 395 000	17 942 000	14 010 000
Total Equity	32 864 000	30 493 000	20 199 000	16 267 000
Total Long-Term Debt	1 374 000	1 668 000	5 513 000	2 328 000
Total Current Debt	56 932 000	38 956 000	42 347 000	14 881 000
Total Equity and Debt	91 170 000	71 116 000	68 059 000	33 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 850 000	149 540 000	141 666 000	64 940 000
Other Income	1 544 000	986 000	1 712 000	932 000
Revenue	162 394 000	150 526 000	143 378 000	65 872 000
Cost of Goods Sold	61 323 000	55 574 000	52 700 000	30 741 000
Salary Costs	72 931 000	67 728 000	72 394 000	27 556 000
Depreciation	1 390 000	1 383 000	1 383 000	0
Impairment	0	0	0	0
Expenditure	141 776 000	129 887 000	131 720 000	61 691 000
Operating Profit	20 618 000	20 639 000	11 659 000	4 181 000
Financial Income	837 000	322 000	288 000	272 000
Financial Costs	464 000	380 000	494 000	181 000
Financial Balance	373 000	−58 000	−206 000	91 000
Dividends	14 000 000	5 600 000	5 000 000	0
Net Income	16 371 000	16 053 000	8 932 000	3 332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 148 000	5 531 000	6 913 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	144 000	0	0	0
Total Tangible Assets	144 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 292 000	5 531 000	6 913 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	86 878 000	65 586 000	61 145 000	33 476 000
Total Assets	91 170 000	71 116 000	68 059 000	33 476 000
Total Equity	32 864 000	30 493 000	20 199 000	16 267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 374 000	1 668 000	5 513 000	2 328 000
Creditors	9 280 000	6 981 000	7 685 000	3 754 000
Unpaid Taxes	8 457 000	7 928 000	8 907 000	3 203 000
Dividends	14 000 000	5 600 000	5 000 000	0
Other Current Debt	20 283 000	19 325 000	17 768 000	6 403 000
Total Current Debt	56 932 000	38 956 000	42 347 000	14 881 000
Total Equity and Debt	91 170 000	71 116 000	68 059 000	33 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,81 %	52,64 %	44,22 %	20,48 %
Debt-to-Equity Ratio	0,04	0,05	0,27	0,14
Operating Profit Margin	12,7 %	13,71 %	8,13 %	6,35 %
Current Ratio	1,53	1,68	1,44	2,25
Quick Ratio	1,53	1,68	1,44	2,25
Equity Ratio	0,36	0,43	0,3	0,49
Gross Profit Margin	62,24 %	63,08 %	63,24 %	53,33 %