DIVINE AS

5254 SANDSLI

Finances

Return on Equity

60,58 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	220 000	211 000	170 000
Net Income	647 000	1 306 000	144 000	357 000
Total Assets	1 842 000	1 606 000	327 000	427 000
Total Equity	1 068 000	1 221 000	315 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	220 000	211 000	170 000
Expenditure	226 000	368 000	418 000	333 000
Operating Profit	−76 000	−148 000	−207 000	−163 000
Financial Income	848 000	1 464 000	434 000	438 000
Financial Costs	125 000	11 000	0	0
Financial Balance	723 000	1 453 000	434 000	438 000
Earnings Before Tax	647 000	1 306 000	227 000	275 000
Tax	0	0	82 000	−82 000
Net Income	647 000	1 306 000	144 000	357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	97 000
Total Current Assets	1 827 000	1 591 000	312 000	330 000
Total Assets	1 842 000	1 606 000	327 000	427 000
Total Retained Equity	1 038 000	1 191 000	285 000	396 000
Total Equity	1 068 000	1 221 000	315 000	426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	774 000	385 000	12 000	1 000
Total Equity and Debt	1 842 000	1 606 000	327 000	427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	220 000	211 000	170 000
Other Income	0	0	0	0
Revenue	150 000	220 000	211 000	170 000
Cost of Goods Sold	106 000	173 000	171 000	110 000
Salary Costs	5 000	7 000	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	226 000	368 000	418 000	333 000
Operating Profit	−76 000	−148 000	−207 000	−163 000
Financial Income	848 000	1 464 000	434 000	438 000
Financial Costs	125 000	11 000	0	0
Financial Balance	723 000	1 453 000	434 000	438 000
Dividends	800 000	400 000	255 000	0
Net Income	647 000	1 306 000	144 000	357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	82 000
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	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000	97 000
Stock	73 000	45 000	61 000	83 000
Total Investments	899 000	985 000	0	0
Cash, Bank	44 000	131 000	247 000	204 000
Total Current Assets	1 827 000	1 591 000	312 000	330 000
Total Assets	1 842 000	1 606 000	327 000	427 000
Total Equity	1 068 000	1 221 000	315 000	426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	9 000	0	0
Unpaid Taxes	0	4 000	11 000	1 000
Dividends	800 000	400 000	255 000	0
Other Current Debt	−27 000	−28 000	0	0
Total Current Debt	774 000	385 000	12 000	1 000
Total Equity and Debt	1 842 000	1 606 000	327 000	427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,58 %	106,96 %	45,71 %	83,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−50,67 %	−67,27 %	−98,1 %	−95,88 %
Current Ratio	2,36	4,13	26	330
Quick Ratio	2,61	4,68	−6,37	−4,02
Equity Ratio	0,58	0,76	0,96	1
Gross Profit Margin	29,33 %	21,36 %	18,96 %	35,29 %