DNV PRODUCT ASSURANCE AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−5,45 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 434 000	91 872 000	75 363 000	52 834 000
Net Income	−2 398 000	10 868 000	−1 438 000	−23 728 000
Total Assets	64 119 000	72 690 000	55 547 000	53 137 000
Total Equity	44 004 000	44 671 000	36 713 000	38 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 434 000	91 872 000	75 363 000	52 834 000
Expenditure	88 015 000	88 513 000	77 158 000	79 123 000
Operating Profit	−3 581 000	3 359 000	−1 795 000	−26 289 000
Financial Income	673 000	17 952 000	81 000	259 000
Financial Costs	120 000	9 648 000	62 000	236 000
Financial Balance	553 000	8 304 000	19 000	23 000
Earnings Before Tax	−3 028 000	11 663 000	−1 776 000	−26 266 000
Tax	−630 000	795 000	−338 000	−2 538 000
Net Income	−2 398 000	10 868 000	−1 438 000	−23 728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 922 000	2 454 000	12 550 000	12 882 000
Total Current Assets	62 197 000	70 236 000	42 997 000	40 255 000
Total Assets	64 119 000	72 690 000	55 547 000	53 137 000
Total Retained Equity	−56 417 000	−55 750 000	−63 708 000	−62 270 000
Total Equity	44 004 000	44 671 000	36 713 000	38 151 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 115 000	28 019 000	18 834 000	14 986 000
Total Equity and Debt	64 119 000	72 690 000	55 547 000	53 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 434 000	91 872 000	75 350 000	52 696 000
Other Income	0	0	13 000	138 000
Revenue	84 434 000	91 872 000	75 363 000	52 834 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 409 000	37 833 000	36 837 000	36 739 000
Depreciation	354 000	728 000	765 000	15 248 000
Impairment	0	0	0	0
Expenditure	88 015 000	88 513 000	77 158 000	79 123 000
Operating Profit	−3 581 000	3 359 000	−1 795 000	−26 289 000
Financial Income	673 000	17 952 000	81 000	259 000
Financial Costs	120 000	9 648 000	62 000	236 000
Financial Balance	553 000	8 304 000	19 000	23 000
Dividends	0	0	0	0
Net Income	−2 398 000	10 868 000	−1 438 000	−23 728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 030 000	887 000	860 000	522 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	892 000	1 567 000	2 249 000	2 919 000
Total Tangible Assets	892 000	1 567 000	2 249 000	2 919 000
Total Fiancial Fixed Assets	0	0	9 441 000	9 441 000
Total Fixed Assets	1 922 000	2 454 000	12 550 000	12 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	62 197 000	70 236 000	42 997 000	40 255 000
Total Assets	64 119 000	72 690 000	55 547 000	53 137 000
Total Equity	44 004 000	44 671 000	36 713 000	38 151 000
Short-Term Group Debt	6 101 000	11 871 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	470 000	575 000	7 001 000	4 865 000
Unpaid Taxes	2 738 000	2 545 000	3 452 000	3 096 000
Dividends	0	0	0	0
Other Current Debt	10 805 000	13 028 000	8 381 000	7 025 000
Total Current Debt	20 115 000	28 019 000	18 834 000	14 986 000
Total Equity and Debt	64 119 000	72 690 000	55 547 000	53 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,45 %	24,33 %	−3,92 %	−62,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,24 %	3,66 %	−2,38 %	−49,76 %
Current Ratio	3,09	2,51	2,28	2,69
Quick Ratio	3,09	2,51	2,28	2,69
Equity Ratio	0,69	0,61	0,66	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %