DENAMED AS

0661 OSLO

Finances

Share Ownership

Return on Equity

17,53 %

Current Ratio

6,73

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	8 241 000	8 084 000	5 450 000	6 146 000
Net Income	1 037 000	1 127 000	−202 000	456 000
Total Assets	6 947 000	5 587 000	4 267 000	6 456 000
Total Equity	5 914 000	4 877 000	3 750 000	3 952 000

Income (NOK)	2023	2022	2021	2020
Revenue	8 241 000	8 084 000	5 450 000	6 146 000
Expenditure	1 204 000	1 052 000	843 000	973 000
Operating Profit	1 272 000	1 446 000	−59 000	539 000
Financial Income	57 000	1 000	4 000	83 000
Financial Costs	0	1 000	204 000	36 000
Financial Balance	57 000	0	−200 000	47 000
Earnings Before Tax	1 329 000	1 445 000	−259 000	585 000
Tax	292 000	318 000	−57 000	129 000
Net Income	1 037 000	1 127 000	−202 000	456 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	0	0	68 000	11 000
Total Current Assets	6 947 000	5 587 000	4 200 000	6 445 000
Total Assets	6 947 000	5 587 000	4 267 000	6 456 000
Total Retained Equity	5 814 000	4 777 000	3 650 000	3 852 000
Total Equity	5 914 000	4 877 000	3 750 000	3 952 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 033 000	710 000	518 000	2 504 000
Total Equity and Debt	6 947 000	5 587 000	4 267 000	6 456 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	8 241 000	8 084 000	5 450 000	6 146 000
Other Income	0	0	0	0
Revenue	8 241 000	8 084 000	5 450 000	6 146 000
Cost of Goods Sold	248 000	172 000	148 000	129 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 204 000	1 052 000	843 000	973 000
Operating Profit	1 272 000	1 446 000	−59 000	539 000
Financial Income	57 000	1 000	4 000	83 000
Financial Costs	0	1 000	204 000	36 000
Financial Balance	57 000	0	−200 000	47 000
Dividends	0	0	0	0
Net Income	1 037 000	1 127 000	−202 000	456 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	68 000	11 000
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	0	0	68 000	11 000
Stock	1 414 000	1 716 000	2 221 000	3 361 000
Total Investments	0	0	0	0
Cash, Bank	4 141 000	2 695 000	713 000	2 383 000
Total Current Assets	6 947 000	5 587 000	4 200 000	6 445 000
Total Assets	6 947 000	5 587 000	4 267 000	6 456 000
Total Equity	5 914 000	4 877 000	3 750 000	3 952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	102 000	21 000	48 000	1 782 000
Unpaid Taxes	388 000	439 000	341 000	291 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 033 000	710 000	518 000	2 504 000
Total Equity and Debt	6 947 000	5 587 000	4 267 000	6 456 000

Financial indicators	2023	2022	2021	2020
Return on Equity	17,53 %	23,11 %	−5,39 %	11,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,44 %	17,89 %	−1,08 %	8,77 %
Current Ratio	6,73	7,87	8,11	2,57
Quick Ratio	−18,23	−5,55	−2,47	−7,52
Equity Ratio	0,85	0,87	0,88	0,61
Gross Profit Margin	96,99 %	97,87 %	97,28 %	97,9 %