DEVICO INTERNATIONAL OPERATION AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

413,84 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 905 000	13 068 000	20 040 000	11 738 000
Net Income	6 965 000	5 805 000	7 718 000	5 461 000
Total Assets	19 920 000	14 693 000	12 976 000	9 525 000
Total Equity	1 683 000	1 618 000	1 513 000	1 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 905 000	13 068 000	20 040 000	11 738 000
Expenditure	11 372 000	6 036 000	10 032 000	4 806 000
Operating Profit	8 533 000	7 032 000	10 008 000	6 933 000
Financial Income	672 000	674 000	323 000	94 000
Financial Costs	279 000	264 000	361 000	25 000
Financial Balance	393 000	410 000	−38 000	69 000
Earnings Before Tax	8 926 000	7 442 000	9 970 000	7 001 000
Tax	1 961 000	1 637 000	2 252 000	1 540 000
Net Income	6 965 000	5 805 000	7 718 000	5 461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	5 000	38 000	12 000
Total Current Assets	19 820 000	14 687 000	12 938 000	9 512 000
Total Assets	19 920 000	14 693 000	12 976 000	9 525 000
Total Retained Equity	1 580 000	1 515 000	1 410 000	1 193 000
Total Equity	1 683 000	1 618 000	1 513 000	1 296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 237 000	13 074 000	11 463 000	8 229 000
Total Equity and Debt	19 920 000	14 693 000	12 976 000	9 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 905 000	13 068 000	20 040 000	11 738 000
Other Income	0	0	0	0
Revenue	19 905 000	13 068 000	20 040 000	11 738 000
Cost of Goods Sold	9 655 000	5 112 000	8 298 000	3 583 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	35 000
Impairment	0	0	0	0
Expenditure	11 372 000	6 036 000	10 032 000	4 806 000
Operating Profit	8 533 000	7 032 000	10 008 000	6 933 000
Financial Income	672 000	674 000	323 000	94 000
Financial Costs	279 000	264 000	361 000	25 000
Financial Balance	393 000	410 000	−38 000	69 000
Dividends	6 900 000	5 700 000	7 500 000	5 400 000
Net Income	6 965 000	5 805 000	7 718 000	5 461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	5 000	38 000	12 000
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	0	0	0	0
Total Fixed Assets	100 000	5 000	38 000	12 000
Stock	1 633 000	1 113 000	250 000	250 000
Total Investments	0	0	0	0
Cash, Bank	127 000	749 000	8 271 000	7 473 000
Total Current Assets	19 820 000	14 687 000	12 938 000	9 512 000
Total Assets	19 920 000	14 693 000	12 976 000	9 525 000
Total Equity	1 683 000	1 618 000	1 513 000	1 296 000
Short-Term Group Debt	1 700 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 568 000	5 756 000	1 781 000	790 000
Unpaid Taxes	6 000	6 000	6 000	170 000
Dividends	6 900 000	5 700 000	7 500 000	5 400 000
Other Current Debt	7 000	7 000	3 000	339 000
Total Current Debt	18 237 000	13 074 000	11 463 000	8 229 000
Total Equity and Debt	19 920 000	14 693 000	12 976 000	9 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	413,84 %	358,78 %	510,11 %	421,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,87 %	53,81 %	49,94 %	59,06 %
Current Ratio	1,09	1,12	1,13	1,16
Quick Ratio	1,19	1,23	1,15	1,19
Equity Ratio	0,08	0,11	0,12	0,14
Gross Profit Margin	51,49 %	60,88 %	58,59 %	69,48 %