DEVOLAB AS

3290 STAVERN

Finances

Return on Equity

47,62 %

Current Ratio

2,38

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 135 000	451 000	1 945 000	457 000
Net Income	909 000	−71 000	250 000	−459 000
Total Assets	3 463 000	1 503 000	1 961 000	1 452 000
Total Equity	1 909 000	1 000 000	1 071 000	821 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 135 000	451 000	1 945 000	457 000
Expenditure	220 000	522 000	1 711 000	916 000
Operating Profit	915 000	−70 000	235 000	−459 000
Financial Income	0	0	16 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	15 000	1 000
Earnings Before Tax	915 000	−71 000	250 000	−459 000
Tax	6 000	0	0	0
Net Income	909 000	−71 000	250 000	−459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 270 000	1 317 000	1 463 000	859 000
Total Current Assets	193 000	187 000	498 000	594 000
Total Assets	3 463 000	1 503 000	1 961 000	1 452 000
Total Retained Equity	1 809 000	900 000	971 000	721 000
Total Equity	1 909 000	1 000 000	1 071 000	821 000
Total Long-Term Debt	1 472 000	475 000	564 000	500 000
Total Current Debt	81 000	28 000	326 000	131 000
Total Equity and Debt	3 463 000	1 503 000	1 961 000	1 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 000	431 000	1 921 000	440 000
Other Income	1 030 000	20 000	24 000	17 000
Revenue	1 135 000	451 000	1 945 000	457 000
Cost of Goods Sold	2 000	23 000	62 000	265 000
Salary Costs	58 000	222 000	1 291 000	213 000
Depreciation	47 000	99 000	99 000	96 000
Impairment	0	0	0	0
Expenditure	220 000	522 000	1 711 000	916 000
Operating Profit	915 000	−70 000	235 000	−459 000
Financial Income	0	0	16 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	15 000	1 000
Dividends	0	0	0	0
Net Income	909 000	−71 000	250 000	−459 000

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	100 000	147 000	245 000	344 000
Total Tangible Assets	100 000	147 000	245 000	344 000
Total Fiancial Fixed Assets	3 170 000	1 170 000	1 218 000	515 000
Total Fixed Assets	3 270 000	1 317 000	1 463 000	859 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	22 000	276 000	86 000
Total Current Assets	193 000	187 000	498 000	594 000
Total Assets	3 463 000	1 503 000	1 961 000	1 452 000
Total Equity	1 909 000	1 000 000	1 071 000	821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 472 000	475 000	564 000	500 000
Creditors	25 000	4 000	4 000	22 000
Unpaid Taxes	24 000	3 000	184 000	26 000
Dividends	0	0	0	0
Other Current Debt	26 000	22 000	139 000	83 000
Total Current Debt	81 000	28 000	326 000	131 000
Total Equity and Debt	3 463 000	1 503 000	1 961 000	1 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,62 %	−7,1 %	23,34 %	−55,91 %
Debt-to-Equity Ratio	0,77	0,48	0,53	0,61
Operating Profit Margin	80,62 %	−15,52 %	12,08 %	−100,44 %
Current Ratio	2,38	6,68	1,53	4,53
Quick Ratio	2,38	6,68	1,53	4,53
Equity Ratio	0,55	0,67	0,55	0,57
Gross Profit Margin	99,82 %	94,9 %	96,81 %	42,01 %