CLASSIC NORWAY DRIFT AS

6415 MOLDE

Finances

Return on Equity

−8,01 %

Current Ratio

0,59

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 805 000	20 849 000	197 405 000	17 754 000
Net Income	−1 087 000	1 763 000	−11 618 000	6 232 000
Total Assets	108 827 000	68 314 000	38 605 000	44 226 000
Total Equity	13 569 000	14 656 000	−18 158 000	13 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 805 000	20 849 000	197 405 000	17 754 000
Expenditure	23 488 000	20 059 000	210 200 000	15 343 000
Operating Profit	3 317 000	791 000	−12 795 000	2 411 000
Financial Income	10 690 000	10 506 000	130 000	5 391 000
Financial Costs	11 822 000	7 467 000	820 000	221 000
Financial Balance	−1 132 000	3 039 000	−690 000	5 170 000
Earnings Before Tax	2 185 000	3 830 000	−13 485 000	7 580 000
Tax	3 272 000	2 067 000	−1 867 000	1 349 000
Net Income	−1 087 000	1 763 000	−11 618 000	6 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 787 000	29 942 000	15 479 000	35 654 000
Total Current Assets	56 040 000	38 372 000	23 127 000	8 572 000
Total Assets	108 827 000	68 314 000	38 605 000	44 226 000
Total Retained Equity	963 000	2 050 000	−28 951 000	415 000
Total Equity	13 569 000	14 656 000	−18 158 000	13 021 000
Total Long-Term Debt	667 000	296 000	3 188 000	5 569 000
Total Current Debt	94 592 000	53 361 000	53 575 000	25 637 000
Total Equity and Debt	108 827 000	68 314 000	38 605 000	44 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 878 000	18 143 000	176 440 000	15 511 000
Other Income	2 927 000	2 706 000	20 965 000	2 243 000
Revenue	26 805 000	20 849 000	197 405 000	17 754 000
Cost of Goods Sold	1 511 000	1 115 000	33 663 000	1 236 000
Salary Costs	11 762 000	9 939 000	87 151 000	9 490 000
Depreciation	397 000	164 000	2 462 000	87 000
Impairment	0	0	0	0
Expenditure	23 488 000	20 059 000	210 200 000	15 343 000
Operating Profit	3 317 000	791 000	−12 795 000	2 411 000
Financial Income	10 690 000	10 506 000	130 000	5 391 000
Financial Costs	11 822 000	7 467 000	820 000	221 000
Financial Balance	−1 132 000	3 039 000	−690 000	5 170 000
Dividends	0	0	0	0
Net Income	−1 087 000	1 763 000	−11 618 000	6 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	939 000	0
Total Intangible Assets	0	0	4 595 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	123 000	161 000	0	0
Fixtures	2 410 000	927 000	6 775 000	349 000
Total Tangible Assets	2 533 000	1 088 000	10 063 000	349 000
Total Fiancial Fixed Assets	50 254 000	28 854 000	821 000	35 305 000
Total Fixed Assets	52 787 000	29 942 000	15 479 000	35 654 000
Stock	228 000	83 000	6 504 000	24 000
Total Investments	0	0	0	0
Cash, Bank	467 000	556 000	3 953 000	421 000
Total Current Assets	56 040 000	38 372 000	23 127 000	8 572 000
Total Assets	108 827 000	68 314 000	38 605 000	44 226 000
Total Equity	13 569 000	14 656 000	−18 158 000	13 021 000
Short-Term Group Debt	67 717 000	33 815 000	0	10 304 000
Total Long-Term Debt	667 000	296 000	3 188 000	5 569 000
Creditors	676 000	749 000	19 954 000	541 000
Unpaid Taxes	844 000	1 309 000	4 741 000	693 000
Dividends	0	0	0	0
Other Current Debt	7 685 000	3 372 000	17 416 000	1 899 000
Total Current Debt	94 592 000	53 361 000	53 575 000	25 637 000
Total Equity and Debt	108 827 000	68 314 000	38 605 000	44 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,01 %	12,03 %	63,98 %	47,86 %
Debt-to-Equity Ratio	0,05	0,02	−0,18	0,43
Operating Profit Margin	12,37 %	3,79 %	−6,48 %	13,58 %
Current Ratio	0,59	0,72	0,43	0,33
Quick Ratio	0,59	0,72	0,49	0,33
Equity Ratio	0,12	0,21	−0,47	0,29
Gross Profit Margin	94,36 %	94,65 %	82,95 %	93,04 %