SESSION DRIFT AS

4006 STAVANGER

Finances

Return on Equity

−10,84 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 360 000	12 799 000	13 811 000	9 681 000
Net Income	−1 211 000	1 492 000	4 448 000	297 000
Total Assets	26 221 000	23 334 000	27 774 000	27 446 000
Total Equity	11 174 000	12 385 000	13 893 000	11 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 360 000	12 799 000	13 811 000	9 681 000
Expenditure	8 820 000	12 091 000	12 188 000	9 528 000
Operating Profit	540 000	707 000	1 623 000	153 000
Financial Income	1 155 000	1 234 000	4 468 000	2 149 000
Financial Costs	2 655 000	332 000	388 000	1 612 000
Financial Balance	−1 500 000	902 000	4 080 000	537 000
Earnings Before Tax	−960 000	1 609 000	5 703 000	690 000
Tax	251 000	117 000	1 255 000	392 000
Net Income	−1 211 000	1 492 000	4 448 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 122 000	19 351 000	17 882 000	17 369 000
Total Current Assets	8 099 000	3 983 000	9 892 000	10 076 000
Total Assets	26 221 000	23 334 000	27 774 000	27 446 000
Total Retained Equity	−271 000	940 000	2 448 000	0
Total Equity	11 174 000	12 385 000	13 893 000	11 445 000
Total Long-Term Debt	4 250 000	0	0	3 185 000
Total Current Debt	10 797 000	10 949 000	13 881 000	12 816 000
Total Equity and Debt	26 221 000	23 334 000	27 774 000	27 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 360 000	12 799 000	13 811 000	9 681 000
Other Income	0	0	0	0
Revenue	9 360 000	12 799 000	13 811 000	9 681 000
Cost of Goods Sold	2 961 000	6 098 000	7 247 000	4 177 000
Salary Costs	3 025 000	2 974 000	2 424 000	2 463 000
Depreciation	18 000	22 000	28 000	35 000
Impairment	0	0	0	0
Expenditure	8 820 000	12 091 000	12 188 000	9 528 000
Operating Profit	540 000	707 000	1 623 000	153 000
Financial Income	1 155 000	1 234 000	4 468 000	2 149 000
Financial Costs	2 655 000	332 000	388 000	1 612 000
Financial Balance	−1 500 000	902 000	4 080 000	537 000
Dividends	0	3 000 000	2 000 000	500 000
Net Income	−1 211 000	1 492 000	4 448 000	297 000

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	72 000	90 000	112 000	140 000
Total Tangible Assets	72 000	90 000	112 000	140 000
Total Fiancial Fixed Assets	18 050 000	19 261 000	17 769 000	17 229 000
Total Fixed Assets	18 122 000	19 351 000	17 882 000	17 369 000
Stock	556 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	259 000	863 000	150 000	169 000
Total Current Assets	8 099 000	3 983 000	9 892 000	10 076 000
Total Assets	26 221 000	23 334 000	27 774 000	27 446 000
Total Equity	11 174 000	12 385 000	13 893 000	11 445 000
Short-Term Group Debt	7 227 000	6 057 000	8 912 000	6 542 000
Total Long-Term Debt	4 250 000	0	0	3 185 000
Creditors	111 000	476 000	369 000	285 000
Unpaid Taxes	1 058 000	418 000	828 000	553 000
Dividends	0	3 000 000	2 000 000	500 000
Other Current Debt	654 000	998 000	670 000	485 000
Total Current Debt	10 797 000	10 949 000	13 881 000	12 816 000
Total Equity and Debt	26 221 000	23 334 000	27 774 000	27 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,84 %	12,05 %	32,02 %	2,6 %
Debt-to-Equity Ratio	0,38	0	0	0,28
Operating Profit Margin	5,77 %	5,52 %	11,75 %	1,58 %
Current Ratio	0,75	0,36	0,71	0,79
Quick Ratio	0,79	0,36	0,71	0,79
Equity Ratio	0,43	0,53	0,5	0,42
Gross Profit Margin	68,37 %	52,36 %	47,53 %	56,85 %