Dalane Bil AS

ASDissolved

Org 939187677Fossveien 2, 4373 EgersundVedlikehold og reparasjon av motorvogner, unntatt motorsykler· NACE 45200Est. 1986 · 40 years old0 employees

Overview

Dalane Bil AS is a Norwegian AS based in Egersund, operating in the Vedlikehold og reparasjon av motorvogner, unntatt motorsykler sector. Incorporated in 1986, the company has 0 employees and reported revenue of NOK 48.6m in its latest annual filing.

Revenue 2019

48.6M NOK

−33% vs 2018

EBITDA margin

−5.3 %

−270% vs 2018

Net profit 2019

-2.7M NOK

-2098% vs 2018

Key ratios

See full ratios →

3.5 %

Weak

Among the 30% lowest rated companies in the industry

20152019

1.0×

Weak

Among the 30% lowest rated companies in the industry

20152019

-12.6 %

Weak

Among the 30% lowest rated companies in the industry

20152019

EBITDA — year on year

NOK thousands

Key figures

Annual report 2019

Revenue	48.6M NOK	-33%
EBITDA	-2.6M NOK	-270%
Net profit	-2.7M NOK	-2098%
Total assets	21.2M NOK	-6%
Equity	0.7M NOK	-72%
Employees	0	—

Financial development

In its most recent annual report (2019), Dalane Bil AS reported revenue of NOK 48.6m, a decrease of 33% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net loss of NOK 2.7m, and the EBITDA margin stood at -5.3%.

At the end of 2019, equity financed 3.5% of the balance sheet, and current assets covered short-term debt 1 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2019	2018	2017	2016	2015
Revenue	48,605	72,268	40,035	36,821	30,007
Staff expenses	-7,088	-7,034	-6,457	-7,290	-6,449
EBITDA	-2,580	-697	-2,700	-4,486	-2,037
Depreciation & amort.	-194	-190	-309	-313	-352
EBIT	-2,775	-887	-3,008	-4,800	-2,388
Net financials	-669	752	-378	-300	-185
Profit before tax	-3,444	-135	-3,387	-5,100	-2,573
Tax	-760	-269	-777	-1,245	-696
Net profit	-2,684	134	-2,610	-3,855	-1,877

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Balance sheet

NOK thousands

Item	2019	2018	2017	2016	2015
Total assets	21,231	22,582	21,914	21,177	13,028
Equity	749	2,693	2,252	2,196	1,361
Long-term debt	0	0	0	0	0
Short-term debt	20,081	19,488	19,263	18,581	11,267
Total debt	20,081	19,488	19,263	18,581	11,267

Financial ratios

5-year trend

EBITDA margin

-5.3 %

20152019

Equity ratio

3.5 %

Weak

Among the 30% lowest rated companies in the industry

20152019

Return on equity

-358.2 %

Very weak

Among the 10% lowest rated companies in the industry

20152019

Net profit margin

-5.5 %

Weak

Among the 30% lowest rated companies in the industry

20152019

Asset turnover

2.29×

Strong

Among the 40% highest rated companies in the industry

20152019

Debt / equity

27.33×

Very weak

Among the 10% lowest rated companies in the industry

20152019

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 20% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 30% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 10% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 40% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 10% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 30% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
TE Tor Elling Haga Chief Executive Officer	Chief Executive Officer	2016

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
UK Ulf Karlsen Chairman	Chairman	2018
EÅ Erik Ålgård Board of Directors	Board of Directors	2018

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Dalane Bil AS also hold positions in 53 other companies.

Person	Role here	Other companies
Erik Ålgård	Board of Directors	36 companiesMany roles
Ulf Karlsen	Chairman	16 companiesMany roles
Tor Elling Haga	Chief Executive Officer	1 company

Frequently asked questions

What is the Org number of Dalane Bil AS?

Dalane Bil AS is registered with Brønnøysundsregistrene under Org 939187677.

What is the revenue of Dalane Bil AS?

Dalane Bil AS reported revenue of NOK 48.6m in 2019.

Who is the CEO of Dalane Bil AS?

Tor Elling Haga is the CEO of Dalane Bil AS, in role since 2016.

Who is the chairman of Dalane Bil AS?

Ulf Karlsen chairs the board of Dalane Bil AS, in role since 2018.

Where is Dalane Bil AS headquartered?

Dalane Bil AS's registered address is Fossveien 2.