DANOCO AS

3014 DRAMMEN

Finances

Share Ownership

Return on Equity

42,32 %

Current Ratio

7,58

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 434 000	2 213 000	2 310 000	2 147 000
Net Income	837 000	459 000	73 000	3 000
Total Assets	2 960 000	1 833 000	1 869 000	1 343 000
Total Equity	1 978 000	1 141 000	682 000	609 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 434 000	2 213 000	2 310 000	2 147 000
Expenditure	1 568 000	1 737 000	2 219 000	2 117 000
Operating Profit	866 000	477 000	92 000	31 000
Financial Income	3 000	0	0	0
Financial Costs	19 000	18 000	19 000	28 000
Financial Balance	−16 000	−18 000	−19 000	−28 000
Earnings Before Tax	850 000	459 000	73 000	3 000
Tax	13 000	0	0	0
Net Income	837 000	459 000	73 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 119 000	517 000	873 000	334 000
Total Current Assets	1 841 000	1 316 000	996 000	1 009 000
Total Assets	2 960 000	1 833 000	1 869 000	1 343 000
Total Retained Equity	1 878 000	1 041 000	582 000	509 000
Total Equity	1 978 000	1 141 000	682 000	609 000
Total Long-Term Debt	738 000	404 000	674 000	369 000
Total Current Debt	243 000	288 000	513 000	365 000
Total Equity and Debt	2 960 000	1 833 000	1 869 000	1 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 434 000	2 213 000	2 310 000	2 147 000
Other Income	0	0	0	0
Revenue	2 434 000	2 213 000	2 310 000	2 147 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 169 000	844 000	1 541 000	1 285 000
Depreciation	74 000	357 000	40 000	22 000
Impairment	0	0	0	0
Expenditure	1 568 000	1 737 000	2 219 000	2 117 000
Operating Profit	866 000	477 000	92 000	31 000
Financial Income	3 000	0	0	0
Financial Costs	19 000	18 000	19 000	28 000
Financial Balance	−16 000	−18 000	−19 000	−28 000
Dividends	0	0	0	0
Net Income	837 000	459 000	73 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	280 000	280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 119 000	517 000	593 000	54 000
Total Tangible Assets	1 119 000	517 000	593 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 119 000	517 000	873 000	334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 660 000	1 063 000	810 000	745 000
Total Current Assets	1 841 000	1 316 000	996 000	1 009 000
Total Assets	2 960 000	1 833 000	1 869 000	1 343 000
Total Equity	1 978 000	1 141 000	682 000	609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	738 000	404 000	674 000	369 000
Creditors	38 000	19 000	22 000	19 000
Unpaid Taxes	72 000	147 000	144 000	146 000
Dividends	0	0	0	0
Other Current Debt	134 000	122 000	347 000	199 000
Total Current Debt	243 000	288 000	513 000	365 000
Total Equity and Debt	2 960 000	1 833 000	1 869 000	1 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,32 %	40,23 %	10,7 %	0,49 %
Debt-to-Equity Ratio	0,37	0,35	0,99	0,61
Operating Profit Margin	35,58 %	21,55 %	3,98 %	1,44 %
Current Ratio	7,58	4,57	1,94	2,76
Quick Ratio	7,58	4,57	1,94	2,76
Equity Ratio	0,67	0,62	0,36	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %