ØYVIND DRANGSLAND AS

3727 SKIEN

Finances

Return on Equity

26,36 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 874 000	1 505 000	110 000	423 000
Net Income	911 000	778 000	206 000	129 000
Total Assets	4 543 000	3 402 000	2 109 000	2 123 000
Total Equity	3 456 000	2 695 000	1 917 000	1 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 874 000	1 505 000	110 000	423 000
Expenditure	2 703 000	713 000	63 000	317 000
Operating Profit	1 171 000	792 000	47 000	106 000
Financial Income	18 000	317 000	169 000	23 000
Financial Costs	15 000	153 000	0	1 000
Financial Balance	3 000	164 000	169 000	22 000
Earnings Before Tax	1 174 000	956 000	216 000	129 000
Tax	262 000	177 000	10 000	0
Net Income	911 000	778 000	206 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 000	990 000	990 000	990 000
Total Current Assets	3 553 000	2 412 000	1 119 000	1 133 000
Total Assets	4 543 000	3 402 000	2 109 000	2 123 000
Total Retained Equity	3 355 000	2 594 000	1 815 000	1 760 000
Total Equity	3 456 000	2 695 000	1 917 000	1 861 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 086 000	707 000	192 000	262 000
Total Equity and Debt	4 543 000	3 402 000	2 109 000	2 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 874 000	1 505 000	110 000	423 000
Other Income	0	0	0	0
Revenue	3 874 000	1 505 000	110 000	423 000
Cost of Goods Sold	282 000	12 000	0	200 000
Salary Costs	2 002 000	536 000	−1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 703 000	713 000	63 000	317 000
Operating Profit	1 171 000	792 000	47 000	106 000
Financial Income	18 000	317 000	169 000	23 000
Financial Costs	15 000	153 000	0	1 000
Financial Balance	3 000	164 000	169 000	22 000
Dividends	150 000	0	150 000	0
Net Income	911 000	778 000	206 000	129 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	990 000	990 000	990 000	990 000
Total Fixed Assets	990 000	990 000	990 000	990 000
Stock	0	0	0	0
Total Investments	386 000	0	853 000	0
Cash, Bank	2 339 000	1 326 000	144 000	1 111 000
Total Current Assets	3 553 000	2 412 000	1 119 000	1 133 000
Total Assets	4 543 000	3 402 000	2 109 000	2 123 000
Total Equity	3 456 000	2 695 000	1 917 000	1 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	5 000	2 000	0
Unpaid Taxes	428 000	379 000	0	4 000
Dividends	150 000	0	150 000	0
Other Current Debt	238 000	145 000	30 000	258 000
Total Current Debt	1 086 000	707 000	192 000	262 000
Total Equity and Debt	4 543 000	3 402 000	2 109 000	2 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,36 %	28,87 %	10,75 %	6,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,23 %	52,62 %	42,73 %	25,06 %
Current Ratio	3,27	3,41	5,83	4,32
Quick Ratio	3,27	3,41	5,83	4,32
Equity Ratio	0,76	0,79	0,91	0,88
Gross Profit Margin	92,72 %	99,2 %	100 %	52,72 %