DANOR ELEKTRO AS

0152 OSLO

Finances

Share Ownership

Return on Equity

30,55 %

Current Ratio

2,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 803 000	20 040 000	19 565 000	14 397 000
Net Income	2 021 000	4 671 000	3 279 000	1 859 000
Total Assets	10 129 000	14 232 000	10 910 000	7 223 000
Total Equity	6 615 000	1 094 000	5 422 000	2 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 803 000	20 040 000	19 565 000	14 397 000
Expenditure	14 184 000	14 323 000	15 345 000	11 999 000
Operating Profit	2 620 000	5 717 000	4 220 000	2 398 000
Financial Income	1 000	2 000	11 000	9 000
Financial Costs	2 000	1 000	1 000	5 000
Financial Balance	−1 000	1 000	10 000	4 000
Earnings Before Tax	2 619 000	5 719 000	4 230 000	2 401 000
Tax	598 000	1 047 000	951 000	542 000
Net Income	2 021 000	4 671 000	3 279 000	1 859 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	342 000	567 000	476 000
Total Current Assets	9 963 000	13 889 000	10 343 000	6 747 000
Total Assets	10 129 000	14 232 000	10 910 000	7 223 000
Total Retained Equity	3 015 000	994 000	5 322 000	2 043 000
Total Equity	6 615 000	1 094 000	5 422 000	2 143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 514 000	13 138 000	5 488 000	5 079 000
Total Equity and Debt	10 129 000	14 232 000	10 910 000	7 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 803 000	20 025 000	19 565 000	14 397 000
Other Income	0	15 000	0	0
Revenue	16 803 000	20 040 000	19 565 000	14 397 000
Cost of Goods Sold	5 752 000	6 342 000	6 769 000	5 051 000
Salary Costs	7 064 000	6 602 000	7 274 000	5 552 000
Depreciation	177 000	223 000	230 000	177 000
Impairment	0	0	0	0
Expenditure	14 184 000	14 323 000	15 345 000	11 999 000
Operating Profit	2 620 000	5 717 000	4 220 000	2 398 000
Financial Income	1 000	2 000	11 000	9 000
Financial Costs	2 000	1 000	1 000	5 000
Financial Balance	−1 000	1 000	10 000	4 000
Dividends	0	9 000 000	0	3 500 000
Net Income	2 021 000	4 671 000	3 279 000	1 859 000

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	165 000	342 000	565 000	476 000
Total Tangible Assets	165 000	342 000	565 000	476 000
Total Fiancial Fixed Assets	0	0	2 000	0
Total Fixed Assets	165 000	342 000	567 000	476 000
Stock	55 000	82 000	0	0
Total Investments	0	0	0	0
Cash, Bank	8 111 000	11 109 000	9 649 000	3 954 000
Total Current Assets	9 963 000	13 889 000	10 343 000	6 747 000
Total Assets	10 129 000	14 232 000	10 910 000	7 223 000
Total Equity	6 615 000	1 094 000	5 422 000	2 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	780 000	1 197 000	619 000	1 430 000
Unpaid Taxes	1 072 000	936 000	1 111 000	1 147 000
Dividends	0	9 000 000	0	3 500 000
Other Current Debt	1 064 000	958 000	2 808 000	1 960 000
Total Current Debt	3 514 000	13 138 000	5 488 000	5 079 000
Total Equity and Debt	10 129 000	14 232 000	10 910 000	7 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,55 %	426,97 %	60,48 %	86,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,59 %	28,53 %	21,57 %	16,66 %
Current Ratio	2,84	1,06	1,88	1,33
Quick Ratio	2,88	1,06	1,88	1,33
Equity Ratio	0,65	0,08	0,5	0,3
Gross Profit Margin	65,77 %	68,35 %	65,4 %	64,92 %