DNV BUSINESS ASSURANCE GROUP AS

1363 HØVIK

Finances

Return on Equity

15,25 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 486 970 000	4 022 336 000	3 714 927 000	3 353 811 000
Net Income	210 396 000	208 452 000	139 594 000	118 925 000
Total Assets	2 877 959 000	2 599 880 000	2 434 256 000	2 183 426 000
Total Equity	1 379 633 000	1 121 068 000	1 095 040 000	1 095 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 486 970 000	4 022 336 000	3 714 927 000	3 353 811 000
Expenditure	4 183 266 000	3 723 827 000	3 495 557 000	3 172 602 000
Operating Profit	303 704 000	298 509 000	219 370 000	181 209 000
Financial Income	19 132 000	10 250 000	10 703 000	6 338 000
Financial Costs	13 049 000	13 567 000	13 187 000	25 619 000
Financial Balance	6 083 000	−3 317 000	−2 484 000	−19 281 000
Earnings Before Tax	309 787 000	295 192 000	216 886 000	161 928 000
Tax	99 391 000	86 740 000	77 292 000	43 003 000
Net Income	210 396 000	208 452 000	139 594 000	118 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 245 829 000	660 349 000	656 355 000	685 474 000
Total Current Assets	1 632 130 000	1 939 531 000	1 777 901 000	1 497 952 000
Total Assets	2 877 959 000	2 599 880 000	2 434 256 000	2 183 426 000
Total Retained Equity	1 378 600 000	1 120 035 000	1 094 007 000	1 094 836 000
Total Equity	1 379 633 000	1 121 068 000	1 095 040 000	1 095 869 000
Total Long-Term Debt	355 062 000	265 746 000	294 914 000	313 524 000
Total Current Debt	1 143 264 000	1 213 066 000	1 044 302 000	774 033 000
Total Equity and Debt	2 877 959 000	2 599 880 000	2 434 256 000	2 183 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 486 970 000	4 017 671 000	3 714 927 000	3 353 811 000
Other Income	0	4 665 000	0	0
Revenue	4 486 970 000	4 022 336 000	3 714 927 000	3 353 811 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 753 611 000	1 558 855 000	1 469 419 000	1 380 159 000
Depreciation	40 580 000	36 231 000	42 722 000	37 792 000
Impairment	0	14 904 000	0	0
Expenditure	4 183 266 000	3 723 827 000	3 495 557 000	3 172 602 000
Operating Profit	303 704 000	298 509 000	219 370 000	181 209 000
Financial Income	19 132 000	10 250 000	10 703 000	6 338 000
Financial Costs	13 049 000	13 567 000	13 187 000	25 619 000
Financial Balance	6 083 000	−3 317 000	−2 484 000	−19 281 000
Dividends	0	0	0	0
Net Income	210 396 000	208 452 000	139 594 000	118 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	756 339 000	324 506 000	329 263 000	324 013 000
Total Intangible Assets	1 027 891 000	509 471 000	525 463 000	533 906 000
Real Eastate	6 628 000	27 757 000	40 178 000	47 699 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 263 000	7 805 000	11 105 000	15 762 000
Total Tangible Assets	51 891 000	35 562 000	51 283 000	63 461 000
Total Fiancial Fixed Assets	166 047 000	115 316 000	79 609 000	88 107 000
Total Fixed Assets	1 245 829 000	660 349 000	656 355 000	685 474 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 959 000	129 622 000	112 397 000	110 351 000
Total Current Assets	1 632 130 000	1 939 531 000	1 777 901 000	1 497 952 000
Total Assets	2 877 959 000	2 599 880 000	2 434 256 000	2 183 426 000
Total Equity	1 379 633 000	1 121 068 000	1 095 040 000	1 095 869 000
Short-Term Group Debt	332 476 000	483 763 000	443 053 000	287 684 000
Total Long-Term Debt	355 062 000	265 746 000	294 914 000	313 524 000
Creditors	74 450 000	80 680 000	61 283 000	69 973 000
Unpaid Taxes	95 375 000	90 596 000	119 090 000	50 834 000
Dividends	0	0	0	0
Other Current Debt	595 555 000	517 660 000	387 842 000	323 395 000
Total Current Debt	1 143 264 000	1 213 066 000	1 044 302 000	774 033 000
Total Equity and Debt	2 877 959 000	2 599 880 000	2 434 256 000	2 183 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,25 %	18,59 %	12,75 %	10,85 %
Debt-to-Equity Ratio	0,26	0,24	0,27	0,29
Operating Profit Margin	6,77 %	7,42 %	5,91 %	5,4 %
Current Ratio	1,43	1,6	1,7	1,94
Quick Ratio	1,43	1,6	1,7	1,94
Equity Ratio	0,48	0,43	0,45	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %