DONOVAN NORDIC AS

4534 MARNARDAL

Finances

Return on Equity

7,04 %

Current Ratio

−109,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 148 000	2 690 000	3 151 000	4 104 000
Net Income	146 000	402 000	471 000	699 000
Total Assets	2 055 000	2 340 000	2 170 000	2 061 000
Total Equity	2 073 000	2 077 000	1 775 000	1 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 148 000	2 690 000	3 151 000	4 104 000
Expenditure	1 974 000	2 219 000	2 649 000	3 459 000
Operating Profit	174 000	471 000	502 000	645 000
Financial Income	11 000	46 000	104 000	251 000
Financial Costs	0	2 000	2 000	0
Financial Balance	11 000	44 000	102 000	251 000
Earnings Before Tax	185 000	516 000	604 000	896 000
Tax	38 000	113 000	133 000	197 000
Net Income	146 000	402 000	471 000	699 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	88 000	88 000	88 000
Total Current Assets	1 968 000	2 252 000	2 082 000	1 973 000
Total Assets	2 055 000	2 340 000	2 170 000	2 061 000
Total Retained Equity	1 973 000	1 977 000	1 675 000	1 203 000
Total Equity	2 073 000	2 077 000	1 775 000	1 303 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−18 000	263 000	395 000	757 000
Total Equity and Debt	2 055 000	2 340 000	2 170 000	2 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 148 000	2 690 000	3 151 000	4 104 000
Other Income	0	0	0	0
Revenue	2 148 000	2 690 000	3 151 000	4 104 000
Cost of Goods Sold	1 011 000	1 381 000	1 674 000	2 126 000
Salary Costs	306 000	117 000	245 000	562 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 974 000	2 219 000	2 649 000	3 459 000
Operating Profit	174 000	471 000	502 000	645 000
Financial Income	11 000	46 000	104 000	251 000
Financial Costs	0	2 000	2 000	0
Financial Balance	11 000	44 000	102 000	251 000
Dividends	150 000	0	0	0
Net Income	146 000	402 000	471 000	699 000

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	88 000	88 000	88 000	88 000
Total Fixed Assets	88 000	88 000	88 000	88 000
Stock	780 000	865 000	920 000	920 000
Total Investments	0	0	0	0
Cash, Bank	928 000	859 000	827 000	329 000
Total Current Assets	1 968 000	2 252 000	2 082 000	1 973 000
Total Assets	2 055 000	2 340 000	2 170 000	2 061 000
Total Equity	2 073 000	2 077 000	1 775 000	1 303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−121 000	14 000	260 000	55 000
Unpaid Taxes	36 000	84 000	−52 000	47 000
Dividends	150 000	0	0	0
Other Current Debt	29 000	50 000	54 000	458 000
Total Current Debt	−18 000	263 000	395 000	757 000
Total Equity and Debt	2 055 000	2 340 000	2 170 000	2 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,04 %	19,35 %	26,54 %	53,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,1 %	17,51 %	15,93 %	15,72 %
Current Ratio	−109,33	8,56	5,27	2,61
Quick Ratio	−2,47	−3,74	−3,97	−12,1
Equity Ratio	1,01	0,89	0,82	0,63
Gross Profit Margin	52,93 %	48,66 %	46,87 %	48,2 %