DENOFA AS

1630 GAMLE FREDRIKSTAD

Finances

Return on Equity

8,61 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 715 320 000	2 499 763 000	2 134 215 000	1 693 997 000
Net Income	25 395 000	9 443 000	50 892 000	9 301 000
Total Assets	997 685 000	840 456 000	612 354 000	573 405 000
Total Equity	294 796 000	269 401 000	259 957 000	209 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 715 320 000	2 499 763 000	2 134 215 000	1 693 997 000
Expenditure	2 665 229 000	2 566 086 000	2 029 381 000	1 688 950 000
Operating Profit	80 224 000	5 082 000	70 110 000	689 000
Financial Income	−12 288 000	12 210 000	5 192 000	17 958 000
Financial Costs	30 691 000	8 429 000	9 950 000	11 290 000
Financial Balance	−42 979 000	3 781 000	−4 758 000	6 668 000
Earnings Before Tax	37 245 000	8 863 000	65 352 000	7 357 000
Tax	11 850 000	−580 000	14 460 000	−1 944 000
Net Income	25 395 000	9 443 000	50 892 000	9 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 527 000	210 453 000	201 983 000	208 177 000
Total Current Assets	760 158 000	630 003 000	410 371 000	365 228 000
Total Assets	997 685 000	840 456 000	612 354 000	573 405 000
Total Retained Equity	244 811 000	219 416 000	209 972 000	159 081 000
Total Equity	294 796 000	269 401 000	259 957 000	209 066 000
Total Long-Term Debt	88 873 000	94 887 000	103 408 000	114 452 000
Total Current Debt	614 016 000	476 168 000	248 989 000	249 887 000
Total Equity and Debt	997 685 000	840 456 000	612 354 000	573 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 715 320 000	2 499 763 000	2 134 215 000	1 693 997 000
Other Income	0	0	0	0
Revenue	2 715 320 000	2 499 763 000	2 134 215 000	1 693 997 000
Cost of Goods Sold	2 377 122 000	2 328 371 000	1 851 501 000	1 508 209 000
Salary Costs	73 935 000	67 579 000	66 094 000	62 462 000
Depreciation	17 123 000	16 305 000	17 608 000	12 594 000
Impairment	0	0	0	0
Expenditure	2 665 229 000	2 566 086 000	2 029 381 000	1 688 950 000
Operating Profit	80 224 000	5 082 000	70 110 000	689 000
Financial Income	−12 288 000	12 210 000	5 192 000	17 958 000
Financial Costs	30 691 000	8 429 000	9 950 000	11 290 000
Financial Balance	−42 979 000	3 781 000	−4 758 000	6 668 000
Dividends	0	0	0	0
Net Income	25 395 000	9 443 000	50 892 000	9 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 163 000	8 092 000	5 169 000	6 149 000
Real Eastate	130 493 000	129 775 000	134 960 000	143 149 000
Machinery and Plant Facilities	38 548 000	43 184 000	47 175 000	52 378 000
Fixtures	17 437 000	14 791 000	14 499 000	6 321 000
Total Tangible Assets	186 478 000	187 750 000	196 634 000	201 848 000
Total Fiancial Fixed Assets	44 886 000	14 611 000	180 000	180 000
Total Fixed Assets	237 527 000	210 453 000	201 983 000	208 177 000
Stock	482 415 000	368 320 000	211 871 000	196 710 000
Total Investments	0	0	0	0
Cash, Bank	13 988 000	104 861 000	73 886 000	53 588 000
Total Current Assets	760 158 000	630 003 000	410 371 000	365 228 000
Total Assets	997 685 000	840 456 000	612 354 000	573 405 000
Total Equity	294 796 000	269 401 000	259 957 000	209 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	88 873 000	94 887 000	103 408 000	114 452 000
Creditors	109 157 000	34 976 000	12 058 000	15 450 000
Unpaid Taxes	34 027 000	35 253 000	39 202 000	23 972 000
Dividends	0	0	0	0
Other Current Debt	39 332 000	21 050 000	21 812 000	18 080 000
Total Current Debt	614 016 000	476 168 000	248 989 000	249 887 000
Total Equity and Debt	997 685 000	840 456 000	612 354 000	573 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,61 %	3,51 %	19,58 %	4,45 %
Debt-to-Equity Ratio	0,3	0,35	0,4	0,55
Operating Profit Margin	2,95 %	0,2 %	3,29 %	0,04 %
Current Ratio	1,24	1,32	1,65	1,46
Quick Ratio	5,78	5,84	11,06	6,87
Equity Ratio	0,3	0,32	0,42	0,36
Gross Profit Margin	12,46 %	6,86 %	13,25 %	10,97 %