DENAK AS

1892 DEGERNES

Finances

Return on Equity

4,47 %

Current Ratio

3,04

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 163 000	1 204 000	736 000	952 000
Net Income	119 000	272 000	−92 000	107 000
Total Assets	4 241 000	4 789 000	4 780 000	5 294 000
Total Equity	2 661 000	2 542 000	2 270 000	2 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 163 000	1 204 000	736 000	952 000
Expenditure	1 155 000	1 033 000	1 031 000	798 000
Operating Profit	8 000	173 000	−295 000	154 000
Financial Income	194 000	195 000	221 000	194 000
Financial Costs	91 000	52 000	68 000	82 000
Financial Balance	103 000	143 000	153 000	112 000
Earnings Before Tax	110 000	316 000	−142 000	266 000
Tax	−9 000	44 000	−50 000	159 000
Net Income	119 000	272 000	−92 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 552 000	3 850 000	4 138 000	4 566 000
Total Current Assets	689 000	940 000	642 000	728 000
Total Assets	4 241 000	4 789 000	4 780 000	5 294 000
Total Retained Equity	2 561 000	2 442 000	2 170 000	2 262 000
Total Equity	2 661 000	2 542 000	2 270 000	2 362 000
Total Long-Term Debt	1 354 000	1 561 000	1 788 000	2 038 000
Total Current Debt	227 000	686 000	722 000	894 000
Total Equity and Debt	4 241 000	4 789 000	4 780 000	5 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	608 000	604 000	125 000	471 000
Other Income	556 000	600 000	610 000	482 000
Revenue	1 163 000	1 204 000	736 000	952 000
Cost of Goods Sold	142 000	208 000	78 000	99 000
Salary Costs	74 000	53 000	18 000	29 000
Depreciation	426 000	434 000	428 000	399 000
Impairment	0	0	0	0
Expenditure	1 155 000	1 033 000	1 031 000	798 000
Operating Profit	8 000	173 000	−295 000	154 000
Financial Income	194 000	195 000	221 000	194 000
Financial Costs	91 000	52 000	68 000	82 000
Financial Balance	103 000	143 000	153 000	112 000
Dividends	0	0	0	0
Net Income	119 000	272 000	−92 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 596 000	2 797 000	2 998 000	3 199 000
Machinery and Plant Facilities	379 000	427 000	471 000	572 000
Fixtures	445 000	493 000	638 000	763 000
Total Tangible Assets	3 421 000	3 718 000	4 106 000	4 534 000
Total Fiancial Fixed Assets	132 000	132 000	32 000	32 000
Total Fixed Assets	3 552 000	3 850 000	4 138 000	4 566 000
Stock	0	0	8 000	8 000
Total Investments	0	41 000	36 000	22 000
Cash, Bank	427 000	569 000	227 000	572 000
Total Current Assets	689 000	940 000	642 000	728 000
Total Assets	4 241 000	4 789 000	4 780 000	5 294 000
Total Equity	2 661 000	2 542 000	2 270 000	2 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 354 000	1 561 000	1 788 000	2 038 000
Creditors	184 000	67 000	16 000	38 000
Unpaid Taxes	20 000	210 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	6 000	360 000	706 000	794 000
Total Current Debt	227 000	686 000	722 000	894 000
Total Equity and Debt	4 241 000	4 789 000	4 780 000	5 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,47 %	10,7 %	−4,05 %	4,53 %
Debt-to-Equity Ratio	0,51	0,61	0,79	0,86
Operating Profit Margin	0,69 %	14,37 %	−40,08 %	16,18 %
Current Ratio	3,04	1,37	0,89	0,81
Quick Ratio	3,04	1,37	0,9	0,82
Equity Ratio	0,63	0,53	0,47	0,45
Gross Profit Margin	87,79 %	82,72 %	89,4 %	89,6 %