DAVIDHORN AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

−57,54 %

Current Ratio

0,48

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 739 000	25 262 000	17 101 000	35 320 000
Net Income	−12 585 000	6 068 000	206 000	8 808 000
Total Assets	71 899 000	83 972 000	42 216 000	48 597 000
Total Equity	21 870 000	34 455 000	28 387 000	28 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 739 000	25 262 000	17 101 000	35 320 000
Expenditure	31 064 000	15 657 000	17 973 000	24 387 000
Operating Profit	−11 325 000	9 605 000	−872 000	10 933 000
Financial Income	430 000	386 000	1 884 000	51 000
Financial Costs	1 680 000	1 429 000	731 000	552 000
Financial Balance	−1 250 000	−1 043 000	1 153 000	−501 000
Earnings Before Tax	−12 575 000	8 562 000	281 000	10 431 000
Tax	10 000	2 493 000	75 000	1 623 000
Net Income	−12 585 000	6 068 000	206 000	8 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 841 000	63 617 000	26 174 000	20 502 000
Total Current Assets	6 058 000	20 355 000	16 042 000	28 096 000
Total Assets	71 899 000	83 972 000	42 216 000	48 597 000
Total Retained Equity	17 619 000	30 204 000	24 135 000	23 929 000
Total Equity	21 870 000	34 455 000	28 387 000	28 181 000
Total Long-Term Debt	37 438 000	33 417 000	3 985 000	9 142 000
Total Current Debt	12 591 000	16 100 000	9 844 000	11 275 000
Total Equity and Debt	71 899 000	83 972 000	42 216 000	48 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 480 000	24 552 000	17 101 000	35 235 000
Other Income	1 259 000	710 000	0	85 000
Revenue	19 739 000	25 262 000	17 101 000	35 320 000
Cost of Goods Sold	539 000	409 000	825 000	1 492 000
Salary Costs	15 174 000	6 372 000	8 419 000	5 594 000
Depreciation	6 896 000	3 901 000	3 110 000	4 258 000
Impairment	0	0	0	1 714 000
Expenditure	31 064 000	15 657 000	17 973 000	24 387 000
Operating Profit	−11 325 000	9 605 000	−872 000	10 933 000
Financial Income	430 000	386 000	1 884 000	51 000
Financial Costs	1 680 000	1 429 000	731 000	552 000
Financial Balance	−1 250 000	−1 043 000	1 153 000	−501 000
Dividends	0	0	0	0
Net Income	−12 585 000	6 068 000	206 000	8 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 112 000	28 180 000	26 085 000	20 374 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	116 000	54 000	68 000	107 000
Total Tangible Assets	116 000	54 000	68 000	107 000
Total Fiancial Fixed Assets	35 613 000	35 383 000	21 000	21 000
Total Fixed Assets	65 841 000	63 617 000	26 174 000	20 502 000
Stock	103 000	114 000	124 000	114 000
Total Investments	0	0	0	0
Cash, Bank	2 626 000	8 027 000	8 955 000	1 721 000
Total Current Assets	6 058 000	20 355 000	16 042 000	28 096 000
Total Assets	71 899 000	83 972 000	42 216 000	48 597 000
Total Equity	21 870 000	34 455 000	28 387 000	28 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 438 000	33 417 000	3 985 000	9 142 000
Creditors	957 000	823 000	605 000	3 504 000
Unpaid Taxes	1 671 000	1 867 000	1 032 000	1 095 000
Dividends	0	0	0	0
Other Current Debt	9 962 000	11 522 000	8 204 000	2 319 000
Total Current Debt	12 591 000	16 100 000	9 844 000	11 275 000
Total Equity and Debt	71 899 000	83 972 000	42 216 000	48 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,54 %	17,61 %	0,73 %	31,26 %
Debt-to-Equity Ratio	1,71	0,97	0,14	0,32
Operating Profit Margin	−57,37 %	38,02 %	−5,1 %	30,95 %
Current Ratio	0,48	1,26	1,63	2,49
Quick Ratio	0,49	1,27	1,65	2,52
Equity Ratio	0,3	0,41	0,67	0,58
Gross Profit Margin	97,27 %	98,38 %	95,18 %	95,78 %