DROTTNINGBORG VGS AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

−2,89 %

Current Ratio

1,38

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 172 000	44 437 000	41 645 000	45 705 000
Net Income	−1 156 000	1 952 000	−1 568 000	1 377 000
Total Assets	102 141 000	72 899 000	61 449 000	60 651 000
Total Equity	40 012 000	41 168 000	39 216 000	40 784 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 172 000	44 437 000	41 645 000	45 705 000
Expenditure	46 872 000	42 028 000	42 676 000	43 943 000
Operating Profit	301 000	2 409 000	−1 031 000	1 762 000
Financial Income	155 000	7 000	35 000	52 000
Financial Costs	1 612 000	464 000	571 000	438 000
Financial Balance	−1 457 000	−457 000	−536 000	−386 000
Earnings Before Tax	−1 156 000	1 952 000	−1 568 000	1 377 000
Tax	0	0	0	0
Net Income	−1 156 000	1 952 000	−1 568 000	1 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 774 000	58 639 000	51 616 000	54 419 000
Total Current Assets	13 367 000	14 260 000	9 832 000	6 232 000
Total Assets	102 141 000	72 899 000	61 449 000	60 651 000
Total Retained Equity	39 912 000	41 068 000	39 116 000	40 684 000
Total Equity	40 012 000	41 168 000	39 216 000	40 784 000
Total Long-Term Debt	52 428 000	23 186 000	14 050 000	8 001 000
Total Current Debt	9 701 000	8 545 000	8 182 000	11 866 000
Total Equity and Debt	102 141 000	72 899 000	61 449 000	60 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 350 000	43 866 000	41 052 000	43 123 000
Other Income	822 000	571 000	593 000	2 582 000
Revenue	47 172 000	44 437 000	41 645 000	45 705 000
Cost of Goods Sold	3 799 000	3 052 000	2 317 000	3 299 000
Salary Costs	27 952 000	26 493 000	24 882 000	25 981 000
Depreciation	3 978 000	3 404 000	3 195 000	3 148 000
Impairment	0	0	0	0
Expenditure	46 872 000	42 028 000	42 676 000	43 943 000
Operating Profit	301 000	2 409 000	−1 031 000	1 762 000
Financial Income	155 000	7 000	35 000	52 000
Financial Costs	1 612 000	464 000	571 000	438 000
Financial Balance	−1 457 000	−457 000	−536 000	−386 000
Dividends	0	0	0	1 377 000
Net Income	−1 156 000	1 952 000	−1 568 000	1 377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	84 072 000	55 113 000	46 761 000	49 612 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 699 000	3 524 000	4 205 000	4 139 000
Total Tangible Assets	88 771 000	58 637 000	50 967 000	53 751 000
Total Fiancial Fixed Assets	3 000	2 000	650 000	668 000
Total Fixed Assets	88 774 000	58 639 000	51 616 000	54 419 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 524 000	12 392 000	4 881 000	1 393 000
Total Current Assets	13 367 000	14 260 000	9 832 000	6 232 000
Total Assets	102 141 000	72 899 000	61 449 000	60 651 000
Total Equity	40 012 000	41 168 000	39 216 000	40 784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 428 000	23 186 000	14 050 000	8 001 000
Creditors	5 013 000	3 782 000	2 233 000	2 489 000
Unpaid Taxes	1 833 000	1 994 000	1 981 000	1 927 000
Dividends	0	0	0	1 377 000
Other Current Debt	2 855 000	2 769 000	3 968 000	7 450 000
Total Current Debt	9 701 000	8 545 000	8 182 000	11 866 000
Total Equity and Debt	102 141 000	72 899 000	61 449 000	60 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,89 %	4,74 %	−4 %	3,38 %
Debt-to-Equity Ratio	1,31	0,56	0,36	0,2
Operating Profit Margin	0,64 %	5,42 %	−2,48 %	3,86 %
Current Ratio	1,38	1,67	1,2	0,53
Quick Ratio	1,38	1,67	1,2	0,53
Equity Ratio	0,39	0,56	0,64	0,67
Gross Profit Margin	91,95 %	93,13 %	94,44 %	92,78 %