DEVOLD HOLDING AS

6002 ÅLESUND

Finances

Return on Equity

−2,85 %

Current Ratio

42,67

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 118 000	221 000	604 000
Net Income	−1 414 000	44 435 000	76 000	491 000
Total Assets	53 219 000	54 685 000	14 730 000	17 012 000
Total Equity	49 614 000	52 629 000	14 694 000	16 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 118 000	221 000	604 000
Expenditure	1 547 000	320 000	168 000	150 000
Operating Profit	−1 547 000	1 797 000	53 000	454 000
Financial Income	150 000	42 638 000	10 000	52 000
Financial Costs	17 000	0	0	0
Financial Balance	133 000	42 638 000	10 000	52 000
Earnings Before Tax	−1 414 000	44 435 000	63 000	506 000
Tax	0	0	−13 000	14 000
Net Income	−1 414 000	44 435 000	76 000	491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000 000	3 000 000	447 000	447 000
Total Current Assets	50 219 000	51 685 000	14 283 000	16 565 000
Total Assets	53 219 000	54 685 000	14 730 000	17 012 000
Total Retained Equity	49 327 000	52 341 000	14 406 000	16 680 000
Total Equity	49 614 000	52 629 000	14 694 000	16 968 000
Total Long-Term Debt	2 428 000	0	0	0
Total Current Debt	1 177 000	2 056 000	36 000	45 000
Total Equity and Debt	53 219 000	54 685 000	14 730 000	17 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	2 118 000	221 000	604 000
Revenue	0	2 118 000	221 000	604 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 547 000	320 000	168 000	150 000
Operating Profit	−1 547 000	1 797 000	53 000	454 000
Financial Income	150 000	42 638 000	10 000	52 000
Financial Costs	17 000	0	0	0
Financial Balance	133 000	42 638 000	10 000	52 000
Dividends	1 600 000	6 500 000	0	5 500 000
Net Income	−1 414 000	44 435 000	76 000	491 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000 000	3 000 000	447 000	447 000
Total Fixed Assets	3 000 000	3 000 000	447 000	447 000
Stock	0	0	0	0
Total Investments	42 362 000	43 373 000	13 998 000	14 988 000
Cash, Bank	2 608 000	7 382 000	272 000	1 577 000
Total Current Assets	50 219 000	51 685 000	14 283 000	16 565 000
Total Assets	53 219 000	54 685 000	14 730 000	17 012 000
Total Equity	49 614 000	52 629 000	14 694 000	16 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 428 000	0	0	0
Creditors	26 000	10 000	20 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 600 000	6 500 000	0	5 500 000
Other Current Debt	51 000	45 000	16 000	30 000
Total Current Debt	1 177 000	2 056 000	36 000	45 000
Total Equity and Debt	53 219 000	54 685 000	14 730 000	17 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,85 %	84,43 %	0,52 %	2,89 %
Debt-to-Equity Ratio	0,05	0	0	0
Operating Profit Margin	-	84,84 %	23,98 %	75,17 %
Current Ratio	42,67	25,14	396,75	368,11
Quick Ratio	42,67	25,14	396,75	368,11
Equity Ratio	0,93	0,96	1	1
Gross Profit Margin	-	100 %	100 %	100 %