DBWATCH AS

0153 OSLO

Finances

Return on Equity

−245,42 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 660 000	8 458 000	8 817 000	7 987 000
Net Income	−2 788 000	−1 572 000	1 734 000	16 000
Total Assets	6 313 000	6 717 000	8 211 000	6 071 000
Total Equity	1 136 000	3 924 000	5 419 000	4 313 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 660 000	8 458 000	8 817 000	7 987 000
Expenditure	11 625 000	10 066 000	7 459 000	8 017 000
Operating Profit	−2 965 000	−1 608 000	1 358 000	−30 000
Financial Income	230 000	74 000	439 000	52 000
Financial Costs	53 000	37 000	63 000	7 000
Financial Balance	177 000	37 000	376 000	45 000
Earnings Before Tax	−2 788 000	−1 572 000	1 734 000	16 000
Tax	0	0	0	0
Net Income	−2 788 000	−1 572 000	1 734 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	294 000	294 000	294 000	294 000
Total Current Assets	6 019 000	6 423 000	7 916 000	5 777 000
Total Assets	6 313 000	6 717 000	8 211 000	6 071 000
Total Retained Equity	378 000	3 166 000	4 687 000	3 608 000
Total Equity	1 136 000	3 924 000	5 419 000	4 313 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 177 000	2 793 000	2 792 000	1 758 000
Total Equity and Debt	6 313 000	6 717 000	8 211 000	6 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 660 000	8 458 000	8 817 000	7 964 000
Other Income	0	0	0	23 000
Revenue	8 660 000	8 458 000	8 817 000	7 987 000
Cost of Goods Sold	1 002 000	887 000	707 000	235 000
Salary Costs	8 410 000	6 961 000	5 055 000	5 878 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 625 000	10 066 000	7 459 000	8 017 000
Operating Profit	−2 965 000	−1 608 000	1 358 000	−30 000
Financial Income	230 000	74 000	439 000	52 000
Financial Costs	53 000	37 000	63 000	7 000
Financial Balance	177 000	37 000	376 000	45 000
Dividends	0	0	705 000	0
Net Income	−2 788 000	−1 572 000	1 734 000	16 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	294 000	294 000	294 000	294 000
Total Fixed Assets	294 000	294 000	294 000	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 172 000	2 959 000	5 001 000	3 404 000
Total Current Assets	6 019 000	6 423 000	7 916 000	5 777 000
Total Assets	6 313 000	6 717 000	8 211 000	6 071 000
Total Equity	1 136 000	3 924 000	5 419 000	4 313 000
Short-Term Group Debt	228 000	237 000	587 000	0
Total Long-Term Debt	0	0	0	0
Creditors	357 000	239 000	159 000	119 000
Unpaid Taxes	887 000	778 000	512 000	561 000
Dividends	0	0	705 000	0
Other Current Debt	3 705 000	1 539 000	828 000	1 078 000
Total Current Debt	5 177 000	2 793 000	2 792 000	1 758 000
Total Equity and Debt	6 313 000	6 717 000	8 211 000	6 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−245,42 %	−40,06 %	32 %	0,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−34,24 %	−19,01 %	15,4 %	−0,38 %
Current Ratio	1,16	2,3	2,84	3,29
Quick Ratio	1,16	2,3	2,84	3,29
Equity Ratio	0,18	0,58	0,66	0,71
Gross Profit Margin	88,43 %	89,51 %	91,98 %	97,06 %