DNV BUSINESS ASSURANCE NORWAY AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

73,82 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	690 723 000	655 658 000	575 216 000	518 296 000
Net Income	40 876 000	40 695 000	−3 787 000	16 376 000
Total Assets	251 014 000	247 658 000	213 303 000	228 091 000
Total Equity	55 376 000	53 287 000	32 816 000	41 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	690 723 000	655 658 000	575 216 000	518 296 000
Expenditure	639 506 000	604 485 000	576 665 000	492 914 000
Operating Profit	51 217 000	51 173 000	−1 449 000	25 382 000
Financial Income	2 061 000	1 490 000	463 000	282 000
Financial Costs	457 000	308 000	2 039 000	2 023 000
Financial Balance	1 604 000	1 182 000	−1 576 000	−1 741 000
Earnings Before Tax	52 821 000	52 355 000	−3 025 000	23 641 000
Tax	11 945 000	11 660 000	762 000	7 265 000
Net Income	40 876 000	40 695 000	−3 787 000	16 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 266 000	98 465 000	114 143 000	121 038 000
Total Current Assets	154 748 000	149 193 000	99 160 000	107 053 000
Total Assets	251 014 000	247 658 000	213 303 000	228 091 000
Total Retained Equity	14 565 000	52 476 000	−7 995 000	892 000
Total Equity	55 376 000	53 287 000	32 816 000	41 703 000
Total Long-Term Debt	4 100 000	3 096 000	430 000	1 108 000
Total Current Debt	191 538 000	191 275 000	180 057 000	185 280 000
Total Equity and Debt	251 014 000	247 658 000	213 303 000	228 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	690 723 000	655 658 000	575 216 000	518 296 000
Other Income	0	0	0	0
Revenue	690 723 000	655 658 000	575 216 000	518 296 000
Cost of Goods Sold	0	0	0	0
Salary Costs	117 067 000	103 110 000	93 449 000	93 781 000
Depreciation	13 235 000	32 866 000	23 930 000	22 651 000
Impairment	0	0	0	0
Expenditure	639 506 000	604 485 000	576 665 000	492 914 000
Operating Profit	51 217 000	51 173 000	−1 449 000	25 382 000
Financial Income	2 061 000	1 490 000	463 000	282 000
Financial Costs	457 000	308 000	2 039 000	2 023 000
Financial Balance	1 604 000	1 182 000	−1 576 000	−1 741 000
Dividends	0	0	0	0
Net Income	40 876 000	40 695 000	−3 787 000	16 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	60 000	6 021 000
Total Intangible Assets	63 611 000	70 053 000	101 326 000	108 268 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	32 655 000	28 412 000	12 817 000	12 770 000
Total Fixed Assets	96 266 000	98 465 000	114 143 000	121 038 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	154 748 000	149 193 000	99 160 000	107 053 000
Total Assets	251 014 000	247 658 000	213 303 000	228 091 000
Total Equity	55 376 000	53 287 000	32 816 000	41 703 000
Short-Term Group Debt	98 077 000	107 521 000	118 820 000	135 810 000
Total Long-Term Debt	4 100 000	3 096 000	430 000	1 108 000
Creditors	35 466 000	23 744 000	11 443 000	6 120 000
Unpaid Taxes	11 965 000	14 373 000	16 639 000	12 510 000
Dividends	0	0	0	0
Other Current Debt	46 029 000	42 348 000	33 154 000	30 839 000
Total Current Debt	191 538 000	191 275 000	180 057 000	185 280 000
Total Equity and Debt	251 014 000	247 658 000	213 303 000	228 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,82 %	76,37 %	−11,54 %	39,27 %
Debt-to-Equity Ratio	0,07	0,06	0,01	0,03
Operating Profit Margin	7,41 %	7,8 %	−0,25 %	4,9 %
Current Ratio	0,81	0,78	0,55	0,58
Quick Ratio	0,81	0,78	0,55	0,58
Equity Ratio	0,22	0,22	0,15	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %