DANISH CROWN NORWAY AS

0581 OSLO

Finances

Share Ownership

Return on Equity

14,89 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 820 000	189 976 000	132 441 000	101 392 000
Net Income	1 623 000	3 273 000	4 030 000	−3 192 000
Total Assets	50 381 000	64 549 000	53 944 000	32 119 000
Total Equity	10 901 000	9 277 000	6 004 000	1 974 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 820 000	189 976 000	132 441 000	101 392 000
Expenditure	164 799 000	185 703 000	128 031 000	104 389 000
Operating Profit	2 021 000	4 274 000	4 411 000	−2 996 000
Financial Income	138 000	7 000	42 000	12 000
Financial Costs	59 000	77 000	100 000	100 000
Financial Balance	79 000	−70 000	−58 000	−88 000
Earnings Before Tax	2 100 000	4 203 000	4 353 000	−3 085 000
Tax	476 000	930 000	323 000	107 000
Net Income	1 623 000	3 273 000	4 030 000	−3 192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 364 000	3 215 000	4 271 000	2 688 000
Total Current Assets	49 017 000	61 334 000	49 673 000	29 431 000
Total Assets	50 381 000	64 549 000	53 944 000	32 119 000
Total Retained Equity	4 897 000	3 273 000	0	−8 026 000
Total Equity	10 901 000	9 277 000	6 004 000	1 974 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 480 000	55 272 000	47 940 000	30 145 000
Total Equity and Debt	50 381 000	64 549 000	53 944 000	32 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	166 820 000	189 976 000	132 441 000	101 392 000
Other Income	0	0	0	0
Revenue	166 820 000	189 976 000	132 441 000	101 392 000
Cost of Goods Sold	133 335 000	153 069 000	102 495 000	83 079 000
Salary Costs	6 243 000	6 765 000	6 178 000	6 323 000
Depreciation	17 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	164 799 000	185 703 000	128 031 000	104 389 000
Operating Profit	2 021 000	4 274 000	4 411 000	−2 996 000
Financial Income	138 000	7 000	42 000	12 000
Financial Costs	59 000	77 000	100 000	100 000
Financial Balance	79 000	−70 000	−58 000	−88 000
Dividends	0	0	0	0
Net Income	1 623 000	3 273 000	4 030 000	−3 192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	870 000	1 346 000	2 276 000	2 599 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	13 000	51 000	89 000
Total Tangible Assets	20 000	13 000	51 000	89 000
Total Fiancial Fixed Assets	475 000	1 856 000	1 944 000	0
Total Fixed Assets	1 364 000	3 215 000	4 271 000	2 688 000
Stock	1 675 000	3 803 000	3 328 000	2 954 000
Total Investments	0	0	0	0
Cash, Bank	16 339 000	18 480 000	13 679 000	8 947 000
Total Current Assets	49 017 000	61 334 000	49 673 000	29 431 000
Total Assets	50 381 000	64 549 000	53 944 000	32 119 000
Total Equity	10 901 000	9 277 000	6 004 000	1 974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 888 000	47 719 000	39 751 000	25 152 000
Unpaid Taxes	3 013 000	2 654 000	2 811 000	2 280 000
Dividends	0	0	0	0
Other Current Debt	1 580 000	4 899 000	5 379 000	2 713 000
Total Current Debt	39 480 000	55 272 000	47 940 000	30 145 000
Total Equity and Debt	50 381 000	64 549 000	53 944 000	32 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,89 %	35,28 %	67,12 %	−161,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,21 %	2,25 %	3,33 %	−2,95 %
Current Ratio	1,24	1,11	1,04	0,98
Quick Ratio	1,3	1,19	1,11	1,08
Equity Ratio	0,22	0,14	0,11	0,06
Gross Profit Margin	20,07 %	19,43 %	22,61 %	18,06 %