DANVIK IB AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

27,29 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 817 000	53 425 000	78 507 000	72 116 000
Net Income	4 089 000	1 784 000	2 094 000	751 000
Total Assets	89 232 000	34 858 000	43 009 000	52 101 000
Total Equity	14 984 000	10 895 000	9 111 000	7 017 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 817 000	53 425 000	78 507 000	72 116 000
Expenditure	75 563 000	50 656 000	75 058 000	69 579 000
Operating Profit	6 253 000	2 768 000	3 449 000	2 537 000
Financial Income	135 000	0	1 000	21 000
Financial Costs	1 145 000	481 000	765 000	1 595 000
Financial Balance	−1 010 000	−481 000	−764 000	−1 574 000
Earnings Before Tax	5 243 000	2 287 000	2 685 000	963 000
Tax	1 153 000	503 000	591 000	212 000
Net Income	4 089 000	1 784 000	2 094 000	751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	324 000	268 000	295 000
Total Current Assets	88 926 000	34 534 000	42 741 000	51 807 000
Total Assets	89 232 000	34 858 000	43 009 000	52 101 000
Total Retained Equity	13 300 000	9 210 000	7 427 000	5 333 000
Total Equity	14 984 000	10 895 000	9 111 000	7 017 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	74 248 000	23 963 000	33 898 000	45 084 000
Total Equity and Debt	89 232 000	34 858 000	43 009 000	52 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 817 000	53 425 000	78 507 000	72 116 000
Other Income	0	0	0	0
Revenue	81 817 000	53 425 000	78 507 000	72 116 000
Cost of Goods Sold	75 439 000	50 182 000	74 945 000	68 953 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 563 000	50 656 000	75 058 000	69 579 000
Operating Profit	6 253 000	2 768 000	3 449 000	2 537 000
Financial Income	135 000	0	1 000	21 000
Financial Costs	1 145 000	481 000	765 000	1 595 000
Financial Balance	−1 010 000	−481 000	−764 000	−1 574 000
Dividends	0	0	0	0
Net Income	4 089 000	1 784 000	2 094 000	751 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	307 000	324 000	268 000	295 000
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	0	0	0	0
Total Fixed Assets	307 000	324 000	268 000	295 000
Stock	8 911 000	5 112 000	2 753 000	12 034 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	88 926 000	34 534 000	42 741 000	51 807 000
Total Assets	89 232 000	34 858 000	43 009 000	52 101 000
Total Equity	14 984 000	10 895 000	9 111 000	7 017 000
Short-Term Group Debt	2 875 000	2 496 000	3 029 000	4 426 000
Total Long-Term Debt	0	0	0	0
Creditors	5 870 000	3 501 000	4 511 000	690 000
Unpaid Taxes	0	0	537 000	75 000
Dividends	0	0	0	0
Other Current Debt	64 367 000	17 407 000	25 256 000	39 604 000
Total Current Debt	74 248 000	23 963 000	33 898 000	45 084 000
Total Equity and Debt	89 232 000	34 858 000	43 009 000	52 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,29 %	16,37 %	22,98 %	10,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,64 %	5,18 %	4,39 %	3,52 %
Current Ratio	1,2	1,44	1,26	1,15
Quick Ratio	1,36	1,83	1,37	1,57
Equity Ratio	0,17	0,31	0,21	0,13
Gross Profit Margin	7,8 %	6,07 %	4,54 %	4,39 %