DENSTAD & DENSTAD AS

8003 BODØ

Finances

Share Ownership

Return on Equity

7,84 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 876 000	16 852 000	22 675 000	11 350 000
Net Income	473 000	1 972 000	1 906 000	272 000
Total Assets	12 101 000	10 765 000	10 836 000	7 974 000
Total Equity	6 033 000	5 560 000	6 089 000	5 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 876 000	16 852 000	22 675 000	11 350 000
Expenditure	22 222 000	14 381 000	20 180 000	11 012 000
Operating Profit	655 000	2 471 000	2 494 000	339 000
Financial Income	10 000	66 000	41 000	32 000
Financial Costs	59 000	25 000	91 000	23 000
Financial Balance	−49 000	41 000	−50 000	9 000
Earnings Before Tax	606 000	2 512 000	2 444 000	347 000
Tax	133 000	540 000	538 000	76 000
Net Income	473 000	1 972 000	1 906 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	1 485 000	1 538 000	1 188 000
Total Current Assets	11 732 000	9 279 000	9 298 000	6 786 000
Total Assets	12 101 000	10 765 000	10 836 000	7 974 000
Total Retained Equity	5 933 000	5 460 000	5 989 000	5 083 000
Total Equity	6 033 000	5 560 000	6 089 000	5 183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 068 000	5 204 000	4 747 000	2 791 000
Total Equity and Debt	12 101 000	10 765 000	10 836 000	7 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 876 000	16 177 000	22 313 000	11 195 000
Other Income	0	675 000	361 000	155 000
Revenue	22 876 000	16 852 000	22 675 000	11 350 000
Cost of Goods Sold	16 443 000	7 784 000	14 796 000	5 870 000
Salary Costs	3 742 000	4 273 000	3 624 000	3 489 000
Depreciation	188 000	167 000	94 000	25 000
Impairment	0	0	0	0
Expenditure	22 222 000	14 381 000	20 180 000	11 012 000
Operating Profit	655 000	2 471 000	2 494 000	339 000
Financial Income	10 000	66 000	41 000	32 000
Financial Costs	59 000	25 000	91 000	23 000
Financial Balance	−49 000	41 000	−50 000	9 000
Dividends	0	2 500 000	1 000 000	0
Net Income	473 000	1 972 000	1 906 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	16 000	32 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	340 000	468 000	505 000	140 000
Fixtures	0	1 001 000	1 001 000	1 001 000
Total Tangible Assets	340 000	1 469 000	1 505 000	1 141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	370 000	1 485 000	1 538 000	1 188 000
Stock	1 295 000	1 657 000	1 767 000	1 835 000
Total Investments	0	0	0	0
Cash, Bank	5 651 000	5 881 000	5 602 000	3 077 000
Total Current Assets	11 732 000	9 279 000	9 298 000	6 786 000
Total Assets	12 101 000	10 765 000	10 836 000	7 974 000
Total Equity	6 033 000	5 560 000	6 089 000	5 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 273 000	729 000	1 766 000	1 763 000
Unpaid Taxes	948 000	614 000	831 000	439 000
Dividends	0	2 500 000	1 000 000	0
Other Current Debt	3 701 000	3 336 000	627 000	546 000
Total Current Debt	6 068 000	5 204 000	4 747 000	2 791 000
Total Equity and Debt	12 101 000	10 765 000	10 836 000	7 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,84 %	35,47 %	31,3 %	5,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,86 %	14,66 %	11 %	2,99 %
Current Ratio	1,93	1,78	1,96	2,43
Quick Ratio	2,46	2,62	3,12	7,1
Equity Ratio	0,5	0,52	0,56	0,65
Gross Profit Margin	28,12 %	53,81 %	34,75 %	48,28 %