DESCONDA AS

4370 EGERSUND

Finances

Return on Equity

17,94 %

Current Ratio

11,54

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 391 000	23 975 000	12 278 000	17 243 000
Net Income	16 959 000	5 015 000	3 019 000	3 730 000
Total Assets	295 269 000	284 536 000	127 859 000	89 505 000
Total Equity	94 548 000	77 589 000	41 677 000	41 481 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 391 000	23 975 000	12 278 000	17 243 000
Expenditure	13 080 000	11 722 000	7 045 000	10 852 000
Operating Profit	16 312 000	12 252 000	5 233 000	6 391 000
Financial Income	12 604 000	25 000	22 000	95 000
Financial Costs	7 156 000	5 842 000	1 381 000	1 702 000
Financial Balance	5 448 000	−5 817 000	−1 359 000	−1 607 000
Earnings Before Tax	21 760 000	6 436 000	3 874 000	4 784 000
Tax	4 801 000	1 420 000	854 000	1 054 000
Net Income	16 959 000	5 015 000	3 019 000	3 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 624 000	263 689 000	76 786 000	78 653 000
Total Current Assets	40 645 000	20 847 000	51 073 000	10 852 000
Total Assets	295 269 000	284 536 000	127 859 000	89 505 000
Total Retained Equity	54 978 000	38 018 000	34 677 000	34 481 000
Total Equity	94 548 000	77 589 000	41 677 000	41 481 000
Total Long-Term Debt	197 199 000	204 200 000	81 535 000	45 727 000
Total Current Debt	3 522 000	2 747 000	4 647 000	2 297 000
Total Equity and Debt	295 269 000	284 536 000	127 859 000	89 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 257 000	3 300 000	4 029 000	8 701 000
Other Income	22 134 000	20 675 000	8 249 000	8 542 000
Revenue	29 391 000	23 975 000	12 278 000	17 243 000
Cost of Goods Sold	2 956 000	1 450 000	3 100 000	6 316 000
Salary Costs	194 000	165 000	156 000	160 000
Depreciation	5 919 000	5 755 000	1 756 000	1 786 000
Impairment	0	0	0	0
Expenditure	13 080 000	11 722 000	7 045 000	10 852 000
Operating Profit	16 312 000	12 252 000	5 233 000	6 391 000
Financial Income	12 604 000	25 000	22 000	95 000
Financial Costs	7 156 000	5 842 000	1 381 000	1 702 000
Financial Balance	5 448 000	−5 817 000	−1 359 000	−1 607 000
Dividends	0	0	0	0
Net Income	16 959 000	5 015 000	3 019 000	3 730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000 000	4 402 000	1 000 000	1 000 000
Real Eastate	248 375 000	253 833 000	75 767 000	77 647 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 009 000	2 214 000	19 000	6 000
Total Tangible Assets	250 384 000	256 047 000	75 786 000	77 653 000
Total Fiancial Fixed Assets	3 240 000	3 240 000	0	0
Total Fixed Assets	254 624 000	263 689 000	76 786 000	78 653 000
Stock	0	0	0	2 308 000
Total Investments	0	0	0	0
Cash, Bank	38 939 000	19 936 000	50 476 000	8 001 000
Total Current Assets	40 645 000	20 847 000	51 073 000	10 852 000
Total Assets	295 269 000	284 536 000	127 859 000	89 505 000
Total Equity	94 548 000	77 589 000	41 677 000	41 481 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 199 000	204 200 000	81 535 000	45 727 000
Creditors	1 372 000	1 311 000	806 000	1 240 000
Unpaid Taxes	334 000	193 000	6 000	18 000
Dividends	0	0	0	0
Other Current Debt	1 816 000	1 243 000	3 836 000	62 000
Total Current Debt	3 522 000	2 747 000	4 647 000	2 297 000
Total Equity and Debt	295 269 000	284 536 000	127 859 000	89 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,94 %	6,46 %	7,24 %	8,99 %
Debt-to-Equity Ratio	2,09	2,63	1,96	1,1
Operating Profit Margin	55,5 %	51,1 %	42,62 %	37,06 %
Current Ratio	11,54	7,59	10,99	4,72
Quick Ratio	11,54	7,59	10,99	−986,55
Equity Ratio	0,32	0,27	0,33	0,46
Gross Profit Margin	89,94 %	93,95 %	74,75 %	63,37 %