DRAKE CHEMICALS AS

4354 VOLL

Finances

Share Ownership

Return on Equity

79,78 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 731 000	1 500 000	2 102 000	1 878 000
Net Income	−142 000	−287 000	−29 000	−1 051 000
Total Assets	1 096 000	1 176 000	1 495 000	1 327 000
Total Equity	−178 000	−35 000	252 000	281 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 731 000	1 500 000	2 102 000	1 878 000
Expenditure	1 874 000	1 787 000	2 135 000	2 927 000
Operating Profit	−143 000	−286 000	−33 000	−1 050 000
Financial Income	7 000	0	4 000	0
Financial Costs	6 000	1 000	0	1 000
Financial Balance	1 000	−1 000	4 000	−1 000
Earnings Before Tax	−142 000	−287 000	−29 000	−1 051 000
Tax	0	0	0	0
Net Income	−142 000	−287 000	−29 000	−1 051 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	155 000	303 000	432 000
Total Current Assets	1 089 000	1 021 000	1 192 000	895 000
Total Assets	1 096 000	1 176 000	1 495 000	1 327 000
Total Retained Equity	−678 000	−535 000	−248 000	−219 000
Total Equity	−178 000	−35 000	252 000	281 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 274 000	1 212 000	1 243 000	1 046 000
Total Equity and Debt	1 096 000	1 176 000	1 495 000	1 327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 731 000	1 500 000	2 102 000	1 878 000
Other Income	0	0	0	0
Revenue	1 731 000	1 500 000	2 102 000	1 878 000
Cost of Goods Sold	761 000	673 000	900 000	763 000
Salary Costs	508 000	515 000	616 000	1 452 000
Depreciation	148 000	148 000	148 000	144 000
Impairment	0	0	0	0
Expenditure	1 874 000	1 787 000	2 135 000	2 927 000
Operating Profit	−143 000	−286 000	−33 000	−1 050 000
Financial Income	7 000	0	4 000	0
Financial Costs	6 000	1 000	0	1 000
Financial Balance	1 000	−1 000	4 000	−1 000
Dividends	0	0	0	0
Net Income	−142 000	−287 000	−29 000	−1 051 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	144 000	288 000	432 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	11 000	15 000	0
Total Tangible Assets	8 000	11 000	15 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	155 000	303 000	432 000
Stock	539 000	364 000	356 000	368 000
Total Investments	0	0	0	0
Cash, Bank	305 000	365 000	348 000	94 000
Total Current Assets	1 089 000	1 021 000	1 192 000	895 000
Total Assets	1 096 000	1 176 000	1 495 000	1 327 000
Total Equity	−178 000	−35 000	252 000	281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	166 000	111 000	48 000	88 000
Unpaid Taxes	37 000	45 000	64 000	134 000
Dividends	0	0	0	0
Other Current Debt	1 071 000	1 055 000	1 131 000	824 000
Total Current Debt	1 274 000	1 212 000	1 243 000	1 046 000
Total Equity and Debt	1 096 000	1 176 000	1 495 000	1 327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,78 %	820 %	−11,51 %	−374,02 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−8,26 %	−19,07 %	−1,57 %	−55,91 %
Current Ratio	0,85	0,84	0,96	0,86
Quick Ratio	1,48	1,2	1,34	1,32
Equity Ratio	−0,16	−0,03	0,17	0,21
Gross Profit Margin	56,04 %	55,13 %	57,18 %	59,37 %