G DRIFT AS

1880 EIDSBERG

Finances

Share Ownership

Return on Equity

36,67 %

Current Ratio

2,78

Debt-to-Equity Ratio

3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 000	101 000	151 000	327 000
Net Income	55 000	55 000	94 000	160 000
Total Assets	732 000	682 000	626 000	1 305 000
Total Equity	150 000	126 000	100 000	388 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 000	101 000	151 000	327 000
Expenditure	30 000	30 000	30 000	123 000
Operating Profit	70 000	70 000	121 000	204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	70 000	71 000	121 000	204 000
Tax	15 000	16 000	27 000	45 000
Net Income	55 000	55 000	94 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	518 000	530 000	542 000	554 000
Total Current Assets	214 000	151 000	84 000	751 000
Total Assets	732 000	682 000	626 000	1 305 000
Total Retained Equity	50 000	26 000	0	298 000
Total Equity	150 000	126 000	100 000	388 000
Total Long-Term Debt	505 000	515 000	78 000	556 000
Total Current Debt	77 000	40 000	448 000	360 000
Total Equity and Debt	732 000	682 000	626 000	1 305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	101 000	101 000	151 000	327 000
Revenue	101 000	101 000	151 000	327 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	12 000	104 000
Impairment	0	0	0	0
Expenditure	30 000	30 000	30 000	123 000
Operating Profit	70 000	70 000	121 000	204 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	55 000	55 000	94 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	384 000	384 000	384 000	384 000
Machinery and Plant Facilities	134 000	146 000	158 000	170 000
Fixtures	0	0	0	0
Total Tangible Assets	518 000	530 000	542 000	554 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	518 000	530 000	542 000	554 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	214 000	151 000	84 000	690 000
Total Current Assets	214 000	151 000	84 000	751 000
Total Assets	732 000	682 000	626 000	1 305 000
Total Equity	150 000	126 000	100 000	388 000
Short-Term Group Debt	40 000	0	411 000	5 000
Total Long-Term Debt	505 000	515 000	78 000	556 000
Creditors	0	1 000	4 000	3 000
Unpaid Taxes	21 000	21 000	33 000	353 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	77 000	40 000	448 000	360 000
Total Equity and Debt	732 000	682 000	626 000	1 305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,67 %	43,65 %	94 %	41,24 %
Debt-to-Equity Ratio	3,37	4,09	0,78	1,43
Operating Profit Margin	69,31 %	69,31 %	80,13 %	62,39 %
Current Ratio	2,78	3,78	0,19	2,09
Quick Ratio	2,78	3,78	0,19	2,09
Equity Ratio	0,2	0,18	0,16	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %