DRAG INDUSTRIER AS

8006 BODØ

Finances

Share Ownership

Return on Equity

36,98 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 383 000	23 468 000	23 682 000	22 622 000
Net Income	1 507 000	632 000	263 000	−258 000
Total Assets	9 595 000	7 992 000	9 740 000	10 437 000
Total Equity	4 075 000	2 775 000	2 143 000	1 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 383 000	23 468 000	23 682 000	22 622 000
Expenditure	22 289 000	22 151 000	23 059 000	22 661 000
Operating Profit	2 272 000	523 000	752 000	−40 000
Financial Income	40 000	429 000	32 000	30 000
Financial Costs	401 000	119 000	521 000	249 000
Financial Balance	−361 000	310 000	−489 000	−219 000
Earnings Before Tax	1 912 000	833 000	263 000	−258 000
Tax	405 000	201 000	0	0
Net Income	1 507 000	632 000	263 000	−258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	122 000	200 000	304 000
Total Current Assets	9 330 000	7 870 000	9 540 000	10 133 000
Total Assets	9 595 000	7 992 000	9 740 000	10 437 000
Total Retained Equity	2 720 000	1 419 000	788 000	524 000
Total Equity	4 075 000	2 775 000	2 143 000	1 880 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 520 000	5 218 000	7 597 000	8 558 000
Total Equity and Debt	9 595 000	7 992 000	9 740 000	10 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 383 000	23 468 000	23 682 000	22 620 000
Other Income	0	0	0	2 000
Revenue	23 383 000	23 468 000	23 682 000	22 622 000
Cost of Goods Sold	14 169 000	13 779 000	13 596 000	13 316 000
Salary Costs	4 467 000	4 402 000	5 157 000	5 279 000
Depreciation	117 000	78 000	111 000	172 000
Impairment	0	0	0	0
Expenditure	22 289 000	22 151 000	23 059 000	22 661 000
Operating Profit	2 272 000	523 000	752 000	−40 000
Financial Income	40 000	429 000	32 000	30 000
Financial Costs	401 000	119 000	521 000	249 000
Financial Balance	−361 000	310 000	−489 000	−219 000
Dividends	0	0	0	0
Net Income	1 507 000	632 000	263 000	−258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	109 000	185 000	281 000
Total Tangible Assets	252 000	109 000	185 000	281 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	12 000
Total Fixed Assets	265 000	122 000	200 000	304 000
Stock	5 124 000	4 221 000	5 016 000	4 886 000
Total Investments	0	0	0	0
Cash, Bank	130 000	140 000	195 000	246 000
Total Current Assets	9 330 000	7 870 000	9 540 000	10 133 000
Total Assets	9 595 000	7 992 000	9 740 000	10 437 000
Total Equity	4 075 000	2 775 000	2 143 000	1 880 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 406 000	3 611 000	4 585 000	5 160 000
Unpaid Taxes	874 000	966 000	882 000	1 044 000
Dividends	0	0	0	0
Other Current Debt	893 000	439 000	518 000	772 000
Total Current Debt	5 520 000	5 218 000	7 597 000	8 558 000
Total Equity and Debt	9 595 000	7 992 000	9 740 000	10 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,98 %	22,77 %	12,27 %	−13,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,72 %	2,23 %	3,18 %	−0,18 %
Current Ratio	1,69	1,51	1,26	1,18
Quick Ratio	23,56	7,89	3,7	2,76
Equity Ratio	0,42	0,35	0,22	0,18
Gross Profit Margin	39,4 %	41,29 %	42,59 %	41,14 %