DERMA NORDIC AS

1396 BILLINGSTAD

Finances

Return on Equity

33,18 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	632 568 000	638 207 000	526 710 000	419 954 000
Net Income	38 022 000	62 371 000	34 335 000	17 673 000
Total Assets	341 393 000	334 467 000	337 862 000	222 150 000
Total Equity	114 608 000	126 909 000	140 104 000	106 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	632 568 000	638 207 000	526 710 000	419 954 000
Expenditure	580 881 000	560 533 000	484 914 000	398 385 000
Operating Profit	51 686 000	77 673 000	41 795 000	21 569 000
Financial Income	1 216 000	5 078 000	6 559 000	3 795 000
Financial Costs	5 008 000	9 430 000	2 732 000	1 809 000
Financial Balance	−3 792 000	−4 352 000	3 827 000	1 986 000
Earnings Before Tax	47 893 000	73 320 000	45 622 000	23 555 000
Tax	9 871 000	10 949 000	11 287 000	5 882 000
Net Income	38 022 000	62 371 000	34 335 000	17 673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 675 000	82 018 000	52 834 000	27 701 000
Total Current Assets	264 718 000	252 449 000	285 028 000	194 449 000
Total Assets	341 393 000	334 467 000	337 862 000	222 150 000
Total Retained Equity	−23 828 000	−24 170 000	−9 896 000	−43 754 000
Total Equity	114 608 000	126 909 000	140 104 000	106 246 000
Total Long-Term Debt	45 773 000	69 261 000	36 737 000	10 025 000
Total Current Debt	181 012 000	138 297 000	161 020 000	105 879 000
Total Equity and Debt	341 393 000	334 467 000	337 862 000	222 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	629 900 000	626 863 000	526 316 000	419 325 000
Other Income	2 667 000	11 343 000	394 000	628 000
Revenue	632 568 000	638 207 000	526 710 000	419 954 000
Cost of Goods Sold	281 093 000	286 332 000	244 847 000	183 827 000
Salary Costs	120 557 000	114 470 000	97 418 000	86 404 000
Depreciation	13 964 000	15 385 000	16 492 000	15 547 000
Impairment	0	0	0	0
Expenditure	580 881 000	560 533 000	484 914 000	398 385 000
Operating Profit	51 686 000	77 673 000	41 795 000	21 569 000
Financial Income	1 216 000	5 078 000	6 559 000	3 795 000
Financial Costs	5 008 000	9 430 000	2 732 000	1 809 000
Financial Balance	−3 792 000	−4 352 000	3 827 000	1 986 000
Dividends	46 438 000	204 997 000	0	7 500 000
Net Income	38 022 000	62 371 000	34 335 000	17 673 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	837 000	0
Total Intangible Assets	26 605 000	26 353 000	5 452 000	9 232 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 218 000	41 206 000	42 173 000	14 333 000
Total Tangible Assets	36 218 000	41 206 000	42 173 000	14 333 000
Total Fiancial Fixed Assets	13 852 000	14 459 000	5 209 000	4 136 000
Total Fixed Assets	76 675 000	82 018 000	52 834 000	27 701 000
Stock	152 842 000	124 506 000	130 587 000	114 986 000
Total Investments	0	0	0	0
Cash, Bank	22 632 000	43 700 000	80 738 000	17 600 000
Total Current Assets	264 718 000	252 449 000	285 028 000	194 449 000
Total Assets	341 393 000	334 467 000	337 862 000	222 150 000
Total Equity	114 608 000	126 909 000	140 104 000	106 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 773 000	69 261 000	36 737 000	10 025 000
Creditors	98 832 000	70 175 000	77 704 000	60 357 000
Unpaid Taxes	11 527 000	10 830 000	9 912 000	8 676 000
Dividends	46 438 000	204 997 000	0	7 500 000
Other Current Debt	40 892 000	40 089 000	55 823 000	24 669 000
Total Current Debt	181 012 000	138 297 000	161 020 000	105 879 000
Total Equity and Debt	341 393 000	334 467 000	337 862 000	222 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,18 %	49,15 %	24,51 %	16,63 %
Debt-to-Equity Ratio	0,4	0,55	0,26	0,09
Operating Profit Margin	8,17 %	12,17 %	7,94 %	5,14 %
Current Ratio	1,46	1,83	1,77	1,84
Quick Ratio	9,4	18,31	9,37	−21,35
Equity Ratio	0,34	0,38	0,41	0,48
Gross Profit Margin	55,56 %	55,13 %	53,51 %	56,23 %