A2 DRIFT AS

1455 NORDRE FROGN

Finances

Return on Equity

−180,47 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 000	886 000	1 071 000	867 000
Net Income	−776 000	−194 000	−181 000	−392 000
Total Assets	1 036 000	8 982 000	9 553 000	9 552 000
Total Equity	430 000	1 206 000	1 400 000	1 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 000	886 000	1 071 000	867 000
Expenditure	1 001 000	815 000	1 017 000	1 086 000
Operating Profit	−868 000	71 000	54 000	−219 000
Financial Income	5 000	3 000	5 000	3 000
Financial Costs	133 000	322 000	291 000	287 000
Financial Balance	−128 000	−319 000	−286 000	−284 000
Earnings Before Tax	−996 000	−249 000	−232 000	−502 000
Tax	−220 000	−55 000	−51 000	−110 000
Net Income	−776 000	−194 000	−181 000	−392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	932 000	8 745 000	8 974 000	9 216 000
Total Current Assets	104 000	237 000	579 000	336 000
Total Assets	1 036 000	8 982 000	9 553 000	9 552 000
Total Retained Equity	−151 000	625 000	819 000	1 000 000
Total Equity	430 000	1 206 000	1 400 000	1 581 000
Total Long-Term Debt	239 000	6 725 000	6 872 000	7 323 000
Total Current Debt	367 000	1 051 000	1 281 000	648 000
Total Equity and Debt	1 036 000	8 982 000	9 553 000	9 552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	74 000	0	0
Other Income	133 000	812 000	1 071 000	867 000
Revenue	133 000	886 000	1 071 000	867 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	0	0	24 000	0
Depreciation	38 000	229 000	242 000	235 000
Impairment	0	0	0	0
Expenditure	1 001 000	815 000	1 017 000	1 086 000
Operating Profit	−868 000	71 000	54 000	−219 000
Financial Income	5 000	3 000	5 000	3 000
Financial Costs	133 000	322 000	291 000	287 000
Financial Balance	−128 000	−319 000	−286 000	−284 000
Dividends	0	0	0	0
Net Income	−776 000	−194 000	−181 000	−392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	0	0	0
Real Eastate	0	8 745 000	8 974 000	9 203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	13 000
Total Tangible Assets	0	8 745 000	8 974 000	9 216 000
Total Fiancial Fixed Assets	863 000	0	0	0
Total Fixed Assets	932 000	8 745 000	8 974 000	9 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	63 000	95 000	203 000
Total Current Assets	104 000	237 000	579 000	336 000
Total Assets	1 036 000	8 982 000	9 553 000	9 552 000
Total Equity	430 000	1 206 000	1 400 000	1 581 000
Short-Term Group Debt	408 000	564 000	408 000	200 000
Total Long-Term Debt	239 000	6 725 000	6 872 000	7 323 000
Creditors	−1 000	56 000	383 000	162 000
Unpaid Taxes	0	20 000	25 000	32 000
Dividends	0	0	0	0
Other Current Debt	0	411 000	465 000	254 000
Total Current Debt	367 000	1 051 000	1 281 000	648 000
Total Equity and Debt	1 036 000	8 982 000	9 553 000	9 552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180,47 %	−16,09 %	−12,93 %	−24,79 %
Debt-to-Equity Ratio	0,56	5,58	4,91	4,63
Operating Profit Margin	−652,63 %	8,01 %	5,04 %	−25,26 %
Current Ratio	0,28	0,23	0,45	0,52
Quick Ratio	0,28	0,23	0,45	0,52
Equity Ratio	0,42	0,13	0,15	0,17
Gross Profit Margin	96,99 %	100 %	100 %	100 %