RC DRIFT AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

33,86 %

Current Ratio

4,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 598 000	796 000	506 000	1 042 000
Net Income	255 000	283 000	−68 000	−35 000
Total Assets	1 001 000	574 000	275 000	382 000
Total Equity	753 000	497 000	214 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 598 000	796 000	506 000	1 042 000
Expenditure	1 272 000	512 000	575 000	1 078 000
Operating Profit	326 000	283 000	−68 000	−36 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	1 000	1 000
Earnings Before Tax	326 000	283 000	−68 000	−35 000
Tax	70 000	0	0	0
Net Income	255 000	283 000	−68 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 001 000	574 000	275 000	382 000
Total Assets	1 001 000	574 000	275 000	382 000
Total Retained Equity	303 000	47 000	−236 000	−168 000
Total Equity	753 000	497 000	214 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	248 000	77 000	61 000	101 000
Total Equity and Debt	1 001 000	574 000	275 000	382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 316 000	379 000	504 000	1 035 000
Other Income	282 000	417 000	2 000	7 000
Revenue	1 598 000	796 000	506 000	1 042 000
Cost of Goods Sold	371 000	126 000	80 000	299 000
Salary Costs	409 000	86 000	157 000	411 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 272 000	512 000	575 000	1 078 000
Operating Profit	326 000	283 000	−68 000	−36 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	255 000	283 000	−68 000	−35 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	54 000	65 000	48 000	63 000
Total Investments	0	0	0	0
Cash, Bank	833 000	483 000	165 000	74 000
Total Current Assets	1 001 000	574 000	275 000	382 000
Total Assets	1 001 000	574 000	275 000	382 000
Total Equity	753 000	497 000	214 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	21 000	9 000	17 000
Unpaid Taxes	68 000	13 000	4 000	51 000
Dividends	0	0	0	0
Other Current Debt	69 000	43 000	48 000	33 000
Total Current Debt	248 000	77 000	61 000	101 000
Total Equity and Debt	1 001 000	574 000	275 000	382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,86 %	56,94 %	−31,78 %	−12,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,4 %	35,55 %	−13,44 %	−3,45 %
Current Ratio	4,04	7,45	4,51	3,78
Quick Ratio	5,16	47,83	21,15	10,05
Equity Ratio	0,75	0,87	0,78	0,74
Gross Profit Margin	76,78 %	84,17 %	84,19 %	71,31 %