DEGNES KORN AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

98,69 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 335 000	3 551 000	3 551 000	2 611 000
Net Income	1 808 000	1 176 000	1 259 000	978 000
Total Assets	5 023 000	4 812 000	5 465 000	5 272 000
Total Equity	1 832 000	2 024 000	2 347 000	2 888 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 335 000	3 551 000	3 551 000	2 611 000
Expenditure	2 524 000	1 934 000	1 894 000	1 872 000
Operating Profit	2 311 000	1 508 000	1 613 000	1 253 000
Financial Income	7 000	0	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	0	1 000	1 000
Earnings Before Tax	2 318 000	1 508 000	1 614 000	1 254 000
Tax	510 000	332 000	355 000	276 000
Net Income	1 808 000	1 176 000	1 259 000	978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 982 000	2 315 000	2 484 000	2 884 000
Total Current Assets	3 041 000	2 496 000	2 982 000	2 388 000
Total Assets	5 023 000	4 812 000	5 465 000	5 272 000
Total Retained Equity	1 732 000	1 924 000	2 247 000	2 788 000
Total Equity	1 832 000	2 024 000	2 347 000	2 888 000
Total Long-Term Debt	241 000	290 000	332 000	367 000
Total Current Debt	2 951 000	2 498 000	2 786 000	2 017 000
Total Equity and Debt	5 023 000	4 812 000	5 465 000	5 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 306 000	2 739 000	2 835 000	1 547 000
Other Income	1 029 000	812 000	716 000	1 064 000
Revenue	4 335 000	3 551 000	3 551 000	2 611 000
Cost of Goods Sold	924 000	537 000	596 000	454 000
Salary Costs	230 000	253 000	117 000	119 000
Depreciation	397 000	388 000	401 000	350 000
Impairment	0	0	0	0
Expenditure	2 524 000	1 934 000	1 894 000	1 872 000
Operating Profit	2 311 000	1 508 000	1 613 000	1 253 000
Financial Income	7 000	0	2 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	7 000	0	1 000	1 000
Dividends	2 000 000	1 500 000	1 800 000	1 000 000
Net Income	1 808 000	1 176 000	1 259 000	978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 788 000	2 096 000	2 484 000	2 884 000
Fixtures	0	0	0	0
Total Tangible Assets	1 788 000	2 096 000	2 484 000	2 884 000
Total Fiancial Fixed Assets	194 000	219 000	0	0
Total Fixed Assets	1 982 000	2 315 000	2 484 000	2 884 000
Stock	2 163 000	1 300 000	1 091 000	1 194 000
Total Investments	0	0	0	0
Cash, Bank	12 000	429 000	1 220 000	417 000
Total Current Assets	3 041 000	2 496 000	2 982 000	2 388 000
Total Assets	5 023 000	4 812 000	5 465 000	5 272 000
Total Equity	1 832 000	2 024 000	2 347 000	2 888 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	290 000	332 000	367 000
Creditors	14 000	224 000	135 000	732 000
Unpaid Taxes	378 000	386 000	462 000	52 000
Dividends	2 000 000	1 500 000	1 800 000	1 000 000
Other Current Debt	0	15 000	0	0
Total Current Debt	2 951 000	2 498 000	2 786 000	2 017 000
Total Equity and Debt	5 023 000	4 812 000	5 465 000	5 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,69 %	58,1 %	53,64 %	33,86 %
Debt-to-Equity Ratio	0,13	0,14	0,14	0,13
Operating Profit Margin	53,31 %	42,47 %	45,42 %	47,99 %
Current Ratio	1,03	1	1,07	1,18
Quick Ratio	3,86	2,08	1,76	2,9
Equity Ratio	0,36	0,42	0,43	0,55
Gross Profit Margin	78,69 %	84,88 %	83,22 %	82,61 %