O DRAGE ENTREPRENØR AS

6813 FØRDE

Finances

Return on Equity

35,21 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 133 000	31 338 000	26 783 000	31 847 000
Net Income	2 030 000	934 000	1 192 000	337 000
Total Assets	18 910 000	12 937 000	14 067 000	40 483 000
Total Equity	5 766 000	6 236 000	5 302 000	4 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 133 000	31 338 000	26 783 000	31 847 000
Expenditure	37 532 000	30 140 000	25 254 000	31 411 000
Operating Profit	2 600 000	1 198 000	1 528 000	435 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	0	1 000	−1 000
Earnings Before Tax	2 604 000	1 198 000	1 529 000	434 000
Tax	573 000	264 000	337 000	96 000
Net Income	2 030 000	934 000	1 192 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 231 000	1 166 000	1 105 000	1 234 000
Total Current Assets	17 679 000	11 771 000	12 962 000	39 249 000
Total Assets	18 910 000	12 937 000	14 067 000	40 483 000
Total Retained Equity	5 566 000	6 036 000	5 102 000	3 910 000
Total Equity	5 766 000	6 236 000	5 302 000	4 110 000
Total Long-Term Debt	784 000	509 000	262 000	238 000
Total Current Debt	12 360 000	6 192 000	8 503 000	36 135 000
Total Equity and Debt	18 910 000	12 937 000	14 067 000	40 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 057 000	31 338 000	26 783 000	31 742 000
Other Income	76 000	0	0	105 000
Revenue	40 133 000	31 338 000	26 783 000	31 847 000
Cost of Goods Sold	27 055 000	22 805 000	18 812 000	26 791 000
Salary Costs	5 694 000	4 244 000	3 511 000	2 754 000
Depreciation	382 000	383 000	332 000	283 000
Impairment	0	0	0	0
Expenditure	37 532 000	30 140 000	25 254 000	31 411 000
Operating Profit	2 600 000	1 198 000	1 528 000	435 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	0	1 000	−1 000
Dividends	2 500 000	0	0	0
Net Income	2 030 000	934 000	1 192 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 000	36 000	43 000	49 000
Machinery and Plant Facilities	376 000	309 000	86 000	94 000
Fixtures	810 000	806 000	961 000	1 076 000
Total Tangible Assets	1 216 000	1 151 000	1 090 000	1 219 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	1 231 000	1 166 000	1 105 000	1 234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 475 000	2 394 000	3 347 000	406 000
Total Current Assets	17 679 000	11 771 000	12 962 000	39 249 000
Total Assets	18 910 000	12 937 000	14 067 000	40 483 000
Total Equity	5 766 000	6 236 000	5 302 000	4 110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	784 000	509 000	262 000	238 000
Creditors	4 387 000	2 081 000	4 493 000	2 161 000
Unpaid Taxes	2 196 000	1 223 000	907 000	660 000
Dividends	2 500 000	0	0	0
Other Current Debt	2 994 000	2 888 000	2 791 000	33 315 000
Total Current Debt	12 360 000	6 192 000	8 503 000	36 135 000
Total Equity and Debt	18 910 000	12 937 000	14 067 000	40 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,21 %	14,98 %	22,48 %	8,2 %
Debt-to-Equity Ratio	0,14	0,08	0,05	0,06
Operating Profit Margin	6,48 %	3,82 %	5,71 %	1,37 %
Current Ratio	1,43	1,9	1,52	1,09
Quick Ratio	1,43	1,9	1,52	1,09
Equity Ratio	0,3	0,48	0,38	0,1
Gross Profit Margin	32,59 %	27,23 %	29,76 %	15,88 %