DEVOLD AALESUND AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

33,73 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 789 000	2 149 000	1 864 000
Net Income	143 000	43 000	226 000	17 000
Total Assets	995 000	793 000	747 000	548 000
Total Equity	424 000	281 000	238 000	−478 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 789 000	2 149 000	1 864 000
Expenditure	1 684 000	1 735 000	1 862 000	1 843 000
Operating Profit	182 000	54 000	288 000	21 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	2 000	1 000
Earnings Before Tax	183 000	56 000	290 000	22 000
Tax	40 000	12 000	64 000	5 000
Net Income	143 000	43 000	226 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	89 000	110 000	149 000
Total Current Assets	956 000	705 000	637 000	399 000
Total Assets	995 000	793 000	747 000	548 000
Total Retained Equity	−276 000	−419 000	−462 000	−688 000
Total Equity	424 000	281 000	238 000	−478 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	570 000	512 000	509 000	1 026 000
Total Equity and Debt	995 000	793 000	747 000	548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	916 000	1 008 000	1 167 000	1 125 000
Other Income	950 000	781 000	982 000	739 000
Revenue	1 865 000	1 789 000	2 149 000	1 864 000
Cost of Goods Sold	436 000	574 000	704 000	738 000
Salary Costs	585 000	575 000	561 000	516 000
Depreciation	9 000	9 000	−3 000	5 000
Impairment	0	0	0	0
Expenditure	1 684 000	1 735 000	1 862 000	1 843 000
Operating Profit	182 000	54 000	288 000	21 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	2 000	1 000
Dividends	0	0	0	0
Net Income	143 000	43 000	226 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	79 000	91 000	155 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	19 000	−6 000
Total Tangible Assets	0	10 000	19 000	−6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	89 000	110 000	149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	195 000	492 000	273 000
Total Current Assets	956 000	705 000	637 000	399 000
Total Assets	995 000	793 000	747 000	548 000
Total Equity	424 000	281 000	238 000	−478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	62 000	44 000	53 000	92 000
Unpaid Taxes	48 000	50 000	55 000	56 000
Dividends	0	0	0	0
Other Current Debt	460 000	417 000	401 000	878 000
Total Current Debt	570 000	512 000	509 000	1 026 000
Total Equity and Debt	995 000	793 000	747 000	548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,73 %	15,3 %	94,96 %	−3,56 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	9,76 %	3,02 %	13,4 %	1,13 %
Current Ratio	1,68	1,38	1,25	0,39
Quick Ratio	1,68	1,38	1,25	0,39
Equity Ratio	0,43	0,35	0,32	−0,87
Gross Profit Margin	76,62 %	67,92 %	67,24 %	60,41 %