DESTINO AS

4307 SANDNES

Finances

Return on Equity

−14,15 %

Current Ratio

0,21

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 032 000	7 732 000	8 384 000	10 704 000
Net Income	−333 000	759 000	265 000	−999 000
Total Assets	4 958 000	5 736 000	4 002 000	3 925 000
Total Equity	2 354 000	2 686 000	1 927 000	1 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 032 000	7 732 000	8 384 000	10 704 000
Expenditure	5 303 000	6 670 000	7 628 000	11 963 000
Operating Profit	−271 000	1 062 000	756 000	−1 259 000
Financial Income	26 000	5 000	14 000	4 000
Financial Costs	51 000	14 000	406 000	24 000
Financial Balance	−25 000	−9 000	−392 000	−20 000
Earnings Before Tax	−297 000	1 053 000	365 000	−1 278 000
Tax	36 000	294 000	100 000	−280 000
Net Income	−333 000	759 000	265 000	−999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 507 000	3 695 000	2 827 000	2 712 000
Total Current Assets	451 000	2 041 000	1 175 000	1 214 000
Total Assets	4 958 000	5 736 000	4 002 000	3 925 000
Total Retained Equity	1 911 000	2 243 000	1 484 000	1 219 000
Total Equity	2 354 000	2 686 000	1 927 000	1 662 000
Total Long-Term Debt	479 000	0	0	0
Total Current Debt	2 125 000	3 050 000	2 075 000	2 263 000
Total Equity and Debt	4 958 000	5 736 000	4 002 000	3 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 031 000	7 663 000	8 382 000	10 691 000
Other Income	0	69 000	1 000	13 000
Revenue	5 032 000	7 732 000	8 384 000	10 704 000
Cost of Goods Sold	1 676 000	1 312 000	2 308 000	3 940 000
Salary Costs	2 387 000	4 050 000	4 088 000	6 547 000
Depreciation	16 000	38 000	47 000	32 000
Impairment	0	0	0	0
Expenditure	5 303 000	6 670 000	7 628 000	11 963 000
Operating Profit	−271 000	1 062 000	756 000	−1 259 000
Financial Income	26 000	5 000	14 000	4 000
Financial Costs	51 000	14 000	406 000	24 000
Financial Balance	−25 000	−9 000	−392 000	−20 000
Dividends	0	0	0	0
Net Income	−333 000	759 000	265 000	−999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 709 000	1 835 000	929 000	430 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	19 000	57 000	73 000
Total Tangible Assets	36 000	19 000	57 000	73 000
Total Fiancial Fixed Assets	1 762 000	1 841 000	1 841 000	2 209 000
Total Fixed Assets	4 507 000	3 695 000	2 827 000	2 712 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	256 000	191 000	190 000
Total Current Assets	451 000	2 041 000	1 175 000	1 214 000
Total Assets	4 958 000	5 736 000	4 002 000	3 925 000
Total Equity	2 354 000	2 686 000	1 927 000	1 662 000
Short-Term Group Debt	1 329 000	1 434 000	73 000	92 000
Total Long-Term Debt	479 000	0	0	0
Creditors	222 000	219 000	262 000	244 000
Unpaid Taxes	154 000	525 000	418 000	625 000
Dividends	0	0	0	0
Other Current Debt	421 000	872 000	834 000	807 000
Total Current Debt	2 125 000	3 050 000	2 075 000	2 263 000
Total Equity and Debt	4 958 000	5 736 000	4 002 000	3 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,15 %	28,26 %	13,75 %	−60,11 %
Debt-to-Equity Ratio	0,2	0	0	0
Operating Profit Margin	−5,39 %	13,74 %	9,02 %	−11,76 %
Current Ratio	0,21	0,67	0,57	0,54
Quick Ratio	0,21	0,67	0,57	0,54
Equity Ratio	0,47	0,47	0,48	0,42
Gross Profit Margin	66,69 %	83,03 %	72,47 %	63,19 %