DESOTO TECHNOLOGIES AS

9475 BORKENES

Finances

Return on Equity

44,87 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	559 000	318 000	917 000	464 000
Net Income	105 000	−205 000	436 000	−197 000
Total Assets	312 000	223 000	435 000	42 000
Total Equity	234 000	129 000	334 000	−102 000

Income (NOK)	2022	2021	2020	2019
Revenue	559 000	318 000	917 000	464 000
Expenditure	422 000	517 000	447 000	660 000
Operating Profit	138 000	−198 000	470 000	−197 000
Financial Income	0	0	0	0
Financial Costs	33 000	9 000	1 000	0
Financial Balance	−33 000	−9 000	−1 000	0
Earnings Before Tax	105 000	−207 000	469 000	−197 000
Tax	0	−2 000	33 000	0
Net Income	105 000	−205 000	436 000	−197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	269 000	169 000	187 000	34 000
Total Current Assets	43 000	54 000	248 000	8 000
Total Assets	312 000	223 000	435 000	42 000
Total Retained Equity	−66 000	−171 000	34 000	−402 000
Total Equity	234 000	129 000	334 000	−102 000
Total Long-Term Debt	60 000	0	2 000	0
Total Current Debt	18 000	94 000	99 000	145 000
Total Equity and Debt	312 000	223 000	435 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−100 000	318 000	917 000	464 000
Other Income	659 000	0	0	0
Revenue	559 000	318 000	917 000	464 000
Cost of Goods Sold	57 000	39 000	30 000	26 000
Salary Costs	−29 000	30 000	−7 000	68 000
Depreciation	18 000	18 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	422 000	517 000	447 000	660 000
Operating Profit	138 000	−198 000	470 000	−197 000
Financial Income	0	0	0	0
Financial Costs	33 000	9 000	1 000	0
Financial Balance	−33 000	−9 000	−1 000	0
Dividends	0	0	0	0
Net Income	105 000	−205 000	436 000	−197 000

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	12 000	18 000	24 000	29 000
Fixtures	84 000	96 000	108 000	0
Total Tangible Assets	96 000	114 000	132 000	29 000
Total Fiancial Fixed Assets	173 000	55 000	55 000	5 000
Total Fixed Assets	269 000	169 000	187 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	64 000	191 000	2 000
Total Current Assets	43 000	54 000	248 000	8 000
Total Assets	312 000	223 000	435 000	42 000
Total Equity	234 000	129 000	334 000	−102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	0	2 000	0
Creditors	12 000	14 000	8 000	20 000
Unpaid Taxes	2 000	41 000	30 000	13 000
Dividends	0	0	0	0
Other Current Debt	4 000	−16 000	30 000	112 000
Total Current Debt	18 000	94 000	99 000	145 000
Total Equity and Debt	312 000	223 000	435 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,87 %	−158,91 %	130,54 %	193,14 %
Debt-to-Equity Ratio	0,26	0	0,01	−0
Operating Profit Margin	24,69 %	−62,26 %	51,25 %	−42,46 %
Current Ratio	2,39	0,57	2,51	0,06
Quick Ratio	2,39	0,57	2,51	0,06
Equity Ratio	0,75	0,58	0,77	−2,43
Gross Profit Margin	89,8 %	87,74 %	96,73 %	94,4 %