T. OLSEN DRIFT AS

9325 BARDUFOSS

Finances

Share Ownership

Return on Equity

−8,06 %

Current Ratio

4,32

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	76 000	63 000	63 000
Net Income	−10 000	0	18 000	37 000
Total Assets	334 000	344 000	441 000	148 000
Total Equity	124 000	134 000	134 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	76 000	63 000	63 000
Expenditure	87 000	76 000	40 000	15 000
Operating Profit	−13 000	0	23 000	48 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−13 000	0	23 000	48 000
Tax	−3 000	0	5 000	11 000
Net Income	−10 000	0	18 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	286 000	341 000	0
Total Current Assets	121 000	58 000	100 000	148 000
Total Assets	334 000	344 000	441 000	148 000
Total Retained Equity	94 000	104 000	104 000	86 000
Total Equity	124 000	134 000	134 000	116 000
Total Long-Term Debt	182 000	185 000	285 000	0
Total Current Debt	28 000	25 000	22 000	33 000
Total Equity and Debt	334 000	344 000	441 000	148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	76 000	63 000	63 000
Other Income	0	0	0	0
Revenue	75 000	76 000	63 000	63 000
Cost of Goods Sold	2 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	55 000	24 000	0
Impairment	0	0	0	0
Expenditure	87 000	76 000	40 000	15 000
Operating Profit	−13 000	0	23 000	48 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−10 000	0	18 000	37 000

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	213 000	286 000	341 000	0
Total Tangible Assets	213 000	286 000	341 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	213 000	286 000	341 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	43 000	61 000	135 000
Total Current Assets	121 000	58 000	100 000	148 000
Total Assets	334 000	344 000	441 000	148 000
Total Equity	124 000	134 000	134 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	182 000	185 000	285 000	0
Creditors	1 000	1 000	2 000	1 000
Unpaid Taxes	6 000	3 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	21 000	21 000	18 000	18 000
Total Current Debt	28 000	25 000	22 000	33 000
Total Equity and Debt	334 000	344 000	441 000	148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,06 %	0 %	13,43 %	31,9 %
Debt-to-Equity Ratio	1,47	1,38	2,13	0
Operating Profit Margin	−17,33 %	0 %	36,51 %	76,19 %
Current Ratio	4,32	2,32	4,55	4,48
Quick Ratio	4,32	2,32	4,55	4,48
Equity Ratio	0,37	0,39	0,3	0,78
Gross Profit Margin	97,33 %	100 %	100 %	100 %