BIW DRIFT AS

9538 ALTA

Finances

Share Ownership

Return on Equity

−22,46 %

Current Ratio

8,3

Debt-to-Equity Ratio

2,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	550 000	219 000	755 000	1 071 000
Net Income	−62 000	−173 000	0	70 000
Total Assets	1 117 000	1 062 000	959 000	999 000
Total Equity	276 000	338 000	511 000	511 000

Income (NOK)	2022	2021	2020	2019
Revenue	550 000	219 000	755 000	1 071 000
Expenditure	568 000	388 000	739 000	964 000
Operating Profit	−18 000	−168 000	16 000	107 000
Financial Income	0	0	0	0
Financial Costs	44 000	19 000	17 000	16 000
Financial Balance	−44 000	−19 000	−17 000	−16 000
Earnings Before Tax	−62 000	−187 000	−1 000	91 000
Tax	0	−14 000	0	20 000
Net Income	−62 000	−173 000	0	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	300 000	359 000	0
Total Current Assets	730 000	763 000	600 000	999 000
Total Assets	1 117 000	1 062 000	959 000	999 000
Total Retained Equity	249 000	311 000	484 000	484 000
Total Equity	276 000	338 000	511 000	511 000
Total Long-Term Debt	753 000	241 000	382 000	269 000
Total Current Debt	88 000	484 000	66 000	220 000
Total Equity and Debt	1 117 000	1 062 000	959 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 000	219 000	755 000	892 000
Other Income	0	0	0	179 000
Revenue	550 000	219 000	755 000	1 071 000
Cost of Goods Sold	90 000	68 000	266 000	291 000
Salary Costs	4 000	8 000	0	0
Depreciation	93 000	60 000	58 000	125 000
Impairment	0	0	0	0
Expenditure	568 000	388 000	739 000	964 000
Operating Profit	−18 000	−168 000	16 000	107 000
Financial Income	0	0	0	0
Financial Costs	44 000	19 000	17 000	16 000
Financial Balance	−44 000	−19 000	−17 000	−16 000
Dividends	0	0	0	0
Net Income	−62 000	−173 000	0	70 000

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	147 000	0	0	0
Fixtures	240 000	300 000	359 000	0
Total Tangible Assets	387 000	300 000	359 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	387 000	300 000	359 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	302 000	111 000	170 000	243 000
Total Current Assets	730 000	763 000	600 000	999 000
Total Assets	1 117 000	1 062 000	959 000	999 000
Total Equity	276 000	338 000	511 000	511 000
Short-Term Group Debt	16 000	16 000	16 000	0
Total Long-Term Debt	753 000	241 000	382 000	269 000
Creditors	−4 000	12 000	6 000	17 000
Unpaid Taxes	76 000	−16 000	45 000	36 000
Dividends	0	0	0	0
Other Current Debt	0	476 000	0	160 000
Total Current Debt	88 000	484 000	66 000	220 000
Total Equity and Debt	1 117 000	1 062 000	959 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,46 %	−51,18 %	0 %	13,7 %
Debt-to-Equity Ratio	2,73	0,71	0,75	0,53
Operating Profit Margin	−3,27 %	−76,71 %	2,12 %	9,99 %
Current Ratio	8,3	1,58	9,09	4,54
Quick Ratio	8,3	1,58	9,09	4,54
Equity Ratio	0,25	0,32	0,53	0,51
Gross Profit Margin	83,64 %	68,95 %	64,77 %	72,83 %