DRAMMEN VERKTØYINDUSTRI AS

3055 KROKSTADELVA

Finances

Share Ownership

Return on Equity

1,96 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 592 000	4 776 000	5 486 000	9 275 000
Net Income	22 000	239 000	839 000	2 385 000
Total Assets	2 874 000	4 219 000	3 311 000	6 273 000
Total Equity	1 124 000	1 102 000	2 653 000	1 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 592 000	4 776 000	5 486 000	9 275 000
Expenditure	5 589 000	4 476 000	4 425 000	6 264 000
Operating Profit	2 000	299 000	1 060 000	3 011 000
Financial Income	1 000	8 000	21 000	23 000
Financial Costs	1 000	1 000	4 000	0
Financial Balance	0	7 000	17 000	23 000
Earnings Before Tax	1 000	306 000	1 077 000	3 035 000
Tax	−20 000	67 000	238 000	650 000
Net Income	22 000	239 000	839 000	2 385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	68 000	88 000	125 000
Total Current Assets	2 770 000	4 151 000	3 223 000	6 148 000
Total Assets	2 874 000	4 219 000	3 311 000	6 273 000
Total Retained Equity	24 000	2 000	1 553 000	715 000
Total Equity	1 124 000	1 102 000	2 653 000	1 815 000
Total Long-Term Debt	450 000	0	0	0
Total Current Debt	1 300 000	3 117 000	657 000	4 458 000
Total Equity and Debt	2 874 000	4 219 000	3 311 000	6 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 496 000	4 776 000	5 486 000	9 275 000
Other Income	95 000	0	0	0
Revenue	5 592 000	4 776 000	5 486 000	9 275 000
Cost of Goods Sold	2 181 000	1 689 000	1 442 000	2 593 000
Salary Costs	2 085 000	1 587 000	1 656 000	2 142 000
Depreciation	15 000	6 000	23 000	50 000
Impairment	0	0	0	0
Expenditure	5 589 000	4 476 000	4 425 000	6 264 000
Operating Profit	2 000	299 000	1 060 000	3 011 000
Financial Income	1 000	8 000	21 000	23 000
Financial Costs	1 000	1 000	4 000	0
Financial Balance	0	7 000	17 000	23 000
Dividends	0	1 790 000	0	0
Net Income	22 000	239 000	839 000	2 385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	60 000	74 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	8 000	14 000	36 000
Fixtures	0	0	0	0
Total Tangible Assets	23 000	8 000	14 000	36 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 000	68 000	88 000	125 000
Stock	1 719 000	1 044 000	954 000	619 000
Total Investments	0	0	0	0
Cash, Bank	95 000	458 000	265 000	350 000
Total Current Assets	2 770 000	4 151 000	3 223 000	6 148 000
Total Assets	2 874 000	4 219 000	3 311 000	6 273 000
Total Equity	1 124 000	1 102 000	2 653 000	1 815 000
Short-Term Group Debt	0	0	3 000	3 025 000
Total Long-Term Debt	450 000	0	0	0
Creditors	618 000	675 000	95 000	122 000
Unpaid Taxes	188 000	399 000	147 000	438 000
Dividends	0	1 790 000	0	0
Other Current Debt	494 000	199 000	188 000	243 000
Total Current Debt	1 300 000	3 117 000	657 000	4 458 000
Total Equity and Debt	2 874 000	4 219 000	3 311 000	6 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,96 %	21,69 %	31,62 %	131,4 %
Debt-to-Equity Ratio	0,4	0	0	0
Operating Profit Margin	0,04 %	6,26 %	19,32 %	32,46 %
Current Ratio	2,13	1,33	4,91	1,38
Quick Ratio	−6,61	2	−10,85	1,6
Equity Ratio	0,39	0,26	0,8	0,29
Gross Profit Margin	61 %	64,64 %	73,71 %	72,04 %