DAVI TURBO AS

6094 LEINØY

Finances

Return on Equity

66,37 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 689 000	21 783 000	17 322 000	22 435 000
Net Income	3 039 000	2 602 000	1 521 000	3 014 000
Total Assets	15 091 000	16 206 000	11 973 000	13 068 000
Total Equity	4 579 000	5 540 000	5 138 000	5 118 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 689 000	21 783 000	17 322 000	22 435 000
Expenditure	22 351 000	18 174 000	15 082 000	18 298 000
Operating Profit	4 338 000	3 610 000	2 240 000	4 138 000
Financial Income	72 000	95 000	99 000	144 000
Financial Costs	491 000	358 000	379 000	396 000
Financial Balance	−419 000	−263 000	−280 000	−252 000
Earnings Before Tax	3 919 000	3 346 000	1 960 000	3 887 000
Tax	880 000	744 000	439 000	872 000
Net Income	3 039 000	2 602 000	1 521 000	3 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 551 000	3 929 000	4 031 000	4 648 000
Total Current Assets	11 540 000	12 277 000	7 942 000	8 420 000
Total Assets	15 091 000	16 206 000	11 973 000	13 068 000
Total Retained Equity	4 479 000	5 440 000	5 038 000	5 018 000
Total Equity	4 579 000	5 540 000	5 138 000	5 118 000
Total Long-Term Debt	4 236 000	4 202 000	4 073 000	3 839 000
Total Current Debt	6 275 000	6 463 000	2 762 000	4 111 000
Total Equity and Debt	15 091 000	16 206 000	11 973 000	13 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 689 000	21 766 000	17 316 000	22 429 000
Other Income	0	17 000	6 000	6 000
Revenue	26 689 000	21 783 000	17 322 000	22 435 000
Cost of Goods Sold	6 766 000	5 574 000	4 564 000	6 340 000
Salary Costs	9 259 000	7 181 000	5 809 000	6 573 000
Depreciation	896 000	942 000	825 000	744 000
Impairment	0	0	0	0
Expenditure	22 351 000	18 174 000	15 082 000	18 298 000
Operating Profit	4 338 000	3 610 000	2 240 000	4 138 000
Financial Income	72 000	95 000	99 000	144 000
Financial Costs	491 000	358 000	379 000	396 000
Financial Balance	−419 000	−263 000	−280 000	−252 000
Dividends	4 000 000	2 200 000	1 500 000	1 850 000
Net Income	3 039 000	2 602 000	1 521 000	3 014 000

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	2 487 000	2 789 000	2 775 000	2 784 000
Total Tangible Assets	2 487 000	2 789 000	2 775 000	2 784 000
Total Fiancial Fixed Assets	1 064 000	1 140 000	1 256 000	1 864 000
Total Fixed Assets	3 551 000	3 929 000	4 031 000	4 648 000
Stock	8 298 000	7 580 000	6 400 000	6 226 000
Total Investments	0	0	0	0
Cash, Bank	521 000	481 000	497 000	831 000
Total Current Assets	11 540 000	12 277 000	7 942 000	8 420 000
Total Assets	15 091 000	16 206 000	11 973 000	13 068 000
Total Equity	4 579 000	5 540 000	5 138 000	5 118 000
Short-Term Group Debt	265 000	250 000	350 000	0
Total Long-Term Debt	4 236 000	4 202 000	4 073 000	3 839 000
Creditors	2 109 000	2 203 000	700 000	2 003 000
Unpaid Taxes	1 549 000	992 000	648 000	890 000
Dividends	4 000 000	2 200 000	1 500 000	1 850 000
Other Current Debt	1 039 000	609 000	552 000	496 000
Total Current Debt	6 275 000	6 463 000	2 762 000	4 111 000
Total Equity and Debt	15 091 000	16 206 000	11 973 000	13 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,37 %	46,97 %	29,6 %	58,89 %
Debt-to-Equity Ratio	0,93	0,76	0,79	0,75
Operating Profit Margin	16,25 %	16,57 %	12,93 %	18,44 %
Current Ratio	1,84	1,9	2,88	2,05
Quick Ratio	−5,7	−10,99	−2,18	−3,98
Equity Ratio	0,3	0,34	0,43	0,39
Gross Profit Margin	74,65 %	74,41 %	73,65 %	71,74 %