DUROC MACHINE TOOL AS

1400 SKI

Finances

Share Ownership

Return on Equity

20,77 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	23 061 000	25 292 000	22 379 000	23 607 000
Net Income	1 118 000	2 466 000	2 236 000	1 779 000
Total Assets	8 752 000	11 131 000	10 213 000	8 374 000
Total Equity	5 383 000	6 565 000	6 399 000	4 163 000

Income (NOK)	2023	2022	2021	2020
Revenue	23 061 000	25 292 000	22 379 000	23 607 000
Expenditure	21 745 000	22 212 000	19 550 000	21 185 000
Operating Profit	1 316 000	3 081 000	2 830 000	2 422 000
Financial Income	125 000	92 000	54 000	12 000
Financial Costs	6 000	8 000	16 000	151 000
Financial Balance	119 000	84 000	38 000	−139 000
Earnings Before Tax	1 435 000	3 164 000	2 868 000	2 282 000
Tax	316 000	699 000	632 000	503 000
Net Income	1 118 000	2 466 000	2 236 000	1 779 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	161 000	207 000	244 000	331 000
Total Current Assets	8 591 000	10 924 000	9 969 000	8 044 000
Total Assets	8 752 000	11 131 000	10 213 000	8 374 000
Total Retained Equity	4 349 000	5 530 000	5 365 000	3 129 000
Total Equity	5 383 000	6 565 000	6 399 000	4 163 000
Total Long-Term Debt	0	0	0	1 043 000
Total Current Debt	3 369 000	4 566 000	3 814 000	3 168 000
Total Equity and Debt	8 752 000	11 131 000	10 213 000	8 374 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	23 052 000	24 653 000	21 943 000	23 437 000
Other Income	9 000	639 000	437 000	170 000
Revenue	23 061 000	25 292 000	22 379 000	23 607 000
Cost of Goods Sold	15 860 000	16 549 000	14 468 000	16 139 000
Salary Costs	3 180 000	3 162 000	3 237 000	3 198 000
Depreciation	45 000	45 000	65 000	12 000
Impairment	0	0	0	0
Expenditure	21 745 000	22 212 000	19 550 000	21 185 000
Operating Profit	1 316 000	3 081 000	2 830 000	2 422 000
Financial Income	125 000	92 000	54 000	12 000
Financial Costs	6 000	8 000	16 000	151 000
Financial Balance	119 000	84 000	38 000	−139 000
Dividends	0	2 300 000	0	1 000 000
Net Income	1 118 000	2 466 000	2 236 000	1 779 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	101 000	102 000	94 000	201 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	60 000	0	0	0
Fixtures	0	105 000	150 000	130 000
Total Tangible Assets	60 000	105 000	150 000	130 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	207 000	244 000	331 000
Stock	3 183 000	3 528 000	2 653 000	2 004 000
Total Investments	0	0	0	0
Cash, Bank	115 000	89 000	79 000	62 000
Total Current Assets	8 591 000	10 924 000	9 969 000	8 044 000
Total Assets	8 752 000	11 131 000	10 213 000	8 374 000
Total Equity	5 383 000	6 565 000	6 399 000	4 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 043 000
Creditors	1 456 000	1 888 000	1 406 000	643 000
Unpaid Taxes	1 119 000	1 147 000	989 000	1 183 000
Dividends	0	2 300 000	0	1 000 000
Other Current Debt	478 000	824 000	859 000	829 000
Total Current Debt	3 369 000	4 566 000	3 814 000	3 168 000
Total Equity and Debt	8 752 000	11 131 000	10 213 000	8 374 000

Financial indicators	2023	2022	2021	2020
Return on Equity	20,77 %	37,56 %	34,94 %	42,73 %
Debt-to-Equity Ratio	0	0	0	0,25
Operating Profit Margin	5,71 %	12,18 %	12,65 %	10,26 %
Current Ratio	2,55	2,39	2,61	2,54
Quick Ratio	46,19	10,52	8,59	6,91
Equity Ratio	0,62	0,59	0,63	0,5
Gross Profit Margin	31,23 %	34,57 %	35,35 %	31,63 %