DECO SYSTEMS AS

3221 SANDEFJORD

Finances

Share Ownership

Return on Equity

190,79 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 264 000	26 178 000	23 392 000	18 377 000
Net Income	5 861 000	3 313 000	3 348 000	2 057 000
Total Assets	13 264 000	9 415 000	8 867 000	5 798 000
Total Equity	3 072 000	1 004 000	990 000	1 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 264 000	26 178 000	23 392 000	18 377 000
Expenditure	26 766 000	21 903 000	19 068 000	15 743 000
Operating Profit	7 498 000	4 276 000	4 323 000	2 634 000
Financial Income	7 000	3 000	5 000	61 000
Financial Costs	14 000	21 000	26 000	54 000
Financial Balance	−7 000	−18 000	−21 000	7 000
Earnings Before Tax	7 490 000	4 258 000	4 302 000	2 641 000
Tax	1 629 000	945 000	954 000	585 000
Net Income	5 861 000	3 313 000	3 348 000	2 057 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 326 000	854 000	119 000	112 000
Total Current Assets	11 937 000	8 561 000	8 748 000	5 686 000
Total Assets	13 264 000	9 415 000	8 867 000	5 798 000
Total Retained Equity	2 218 000	149 000	136 000	788 000
Total Equity	3 072 000	1 004 000	990 000	1 642 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	10 190 000	8 411 000	7 877 000	4 156 000
Total Equity and Debt	13 264 000	9 415 000	8 867 000	5 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 165 000	26 080 000	23 224 000	18 300 000
Other Income	99 000	98 000	168 000	77 000
Revenue	34 264 000	26 178 000	23 392 000	18 377 000
Cost of Goods Sold	11 740 000	10 146 000	9 070 000	7 619 000
Salary Costs	7 856 000	6 104 000	5 564 000	4 487 000
Depreciation	178 000	72 000	48 000	20 000
Impairment	0	0	0	0
Expenditure	26 766 000	21 903 000	19 068 000	15 743 000
Operating Profit	7 498 000	4 276 000	4 323 000	2 634 000
Financial Income	7 000	3 000	5 000	61 000
Financial Costs	14 000	21 000	26 000	54 000
Financial Balance	−7 000	−18 000	−21 000	7 000
Dividends	3 900 000	3 300 000	3 300 000	800 000
Net Income	5 861 000	3 313 000	3 348 000	2 057 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	17 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 091 000	573 000	102 000	111 000
Total Tangible Assets	1 091 000	573 000	102 000	111 000
Total Fiancial Fixed Assets	236 000	280 000	0	0
Total Fixed Assets	1 326 000	854 000	119 000	112 000
Stock	5 063 000	3 856 000	4 888 000	2 929 000
Total Investments	0	0	0	0
Cash, Bank	2 560 000	2 914 000	1 561 000	950 000
Total Current Assets	11 937 000	8 561 000	8 748 000	5 686 000
Total Assets	13 264 000	9 415 000	8 867 000	5 798 000
Total Equity	3 072 000	1 004 000	990 000	1 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	1 528 000	2 144 000	1 553 000	1 238 000
Unpaid Taxes	2 010 000	1 245 000	1 277 000	1 009 000
Dividends	3 900 000	3 300 000	3 300 000	800 000
Other Current Debt	5 150 000	4 093 000	4 076 000	1 454 000
Total Current Debt	10 190 000	8 411 000	7 877 000	4 156 000
Total Equity and Debt	13 264 000	9 415 000	8 867 000	5 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	190,79 %	329,98 %	338,18 %	125,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,88 %	16,33 %	18,48 %	14,33 %
Current Ratio	1,17	1,02	1,11	1,37
Quick Ratio	2,33	1,88	2,93	4,63
Equity Ratio	0,23	0,11	0,11	0,28
Gross Profit Margin	65,74 %	61,24 %	61,23 %	58,54 %