DEVOLL TECHNOLOGIES AS

6300 ÅNDALSNES

Finances

Return on Equity

51,3 %

Current Ratio

27,59

Debt-to-Equity Ratio

2,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 613 000	1 627 000	1 726 000	1 710 000
Net Income	1 225 000	1 026 000	1 196 000	1 110 000
Total Assets	9 203 000	6 776 000	6 477 000	6 225 000
Total Equity	2 388 000	1 163 000	3 587 000	4 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 613 000	1 627 000	1 726 000	1 710 000
Expenditure	1 090 000	1 325 000	1 254 000	1 302 000
Operating Profit	523 000	301 000	473 000	408 000
Financial Income	1 028 000	833 000	833 000	798 000
Financial Costs	262 000	46 000	0	1 000
Financial Balance	766 000	787 000	833 000	797 000
Earnings Before Tax	1 289 000	1 088 000	1 306 000	1 205 000
Tax	64 000	62 000	110 000	95 000
Net Income	1 225 000	1 026 000	1 196 000	1 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 001 000	1 000	0	0
Total Current Assets	7 202 000	6 775 000	6 477 000	6 225 000
Total Assets	9 203 000	6 776 000	6 477 000	6 225 000
Total Retained Equity	2 288 000	1 063 000	3 487 000	4 291 000
Total Equity	2 388 000	1 163 000	3 587 000	4 391 000
Total Long-Term Debt	6 553 000	3 867 000	0	0
Total Current Debt	261 000	1 746 000	2 890 000	1 834 000
Total Equity and Debt	9 203 000	6 776 000	6 477 000	6 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 613 000	1 605 000	1 726 000	1 710 000
Other Income	0	22 000	0	0
Revenue	1 613 000	1 627 000	1 726 000	1 710 000
Cost of Goods Sold	0	0	0	0
Salary Costs	783 000	1 085 000	1 097 000	1 081 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 090 000	1 325 000	1 254 000	1 302 000
Operating Profit	523 000	301 000	473 000	408 000
Financial Income	1 028 000	833 000	833 000	798 000
Financial Costs	262 000	46 000	0	1 000
Financial Balance	766 000	787 000	833 000	797 000
Dividends	0	3 450 000	2 000 000	2 000 000
Net Income	1 225 000	1 026 000	1 196 000	1 110 000

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	2 001 000	1 000	0	0
Total Fixed Assets	2 001 000	1 000	0	0
Stock	0	0	0	0
Total Investments	5 813 000	5 813 000	5 814 000	5 813 000
Cash, Bank	1 235 000	814 000	387 000	265 000
Total Current Assets	7 202 000	6 775 000	6 477 000	6 225 000
Total Assets	9 203 000	6 776 000	6 477 000	6 225 000
Total Equity	2 388 000	1 163 000	3 587 000	4 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 553 000	3 867 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	92 000	107 000	268 000	142 000
Dividends	0	3 450 000	2 000 000	2 000 000
Other Current Debt	105 000	127 000	2 513 000	1 597 000
Total Current Debt	261 000	1 746 000	2 890 000	1 834 000
Total Equity and Debt	9 203 000	6 776 000	6 477 000	6 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,3 %	88,22 %	33,34 %	25,28 %
Debt-to-Equity Ratio	2,74	3,33	0	0
Operating Profit Margin	32,42 %	18,5 %	27,4 %	23,86 %
Current Ratio	27,59	3,88	2,24	3,39
Quick Ratio	27,59	3,88	2,24	3,39
Equity Ratio	0,26	0,17	0,55	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %