T&T DRIFT AS

1400 SKI

Finances

Share Ownership

Return on Equity

1 407,27 %

Current Ratio

0,53

Debt-to-Equity Ratio

29,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 115 000	2 943 000	8 588 000	6 400 000
Net Income	774 000	76 000	597 000	671 000
Total Assets	10 175 000	2 573 000	4 574 000	3 842 000
Total Equity	55 000	45 000	59 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 115 000	2 943 000	8 588 000	6 400 000
Expenditure	12 071 000	2 919 000	7 839 000	5 512 000
Operating Profit	1 043 000	24 000	748 000	888 000
Financial Income	152 000	162 000	122 000	1 000
Financial Costs	207 000	82 000	102 000	35 000
Financial Balance	−55 000	80 000	20 000	−34 000
Earnings Before Tax	988 000	103 000	768 000	854 000
Tax	214 000	27 000	171 000	183 000
Net Income	774 000	76 000	597 000	671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 720 000	0	87 000	129 000
Total Current Assets	4 456 000	2 573 000	4 487 000	3 712 000
Total Assets	10 175 000	2 573 000	4 574 000	3 842 000
Total Retained Equity	10 000	0	14 000	26 000
Total Equity	55 000	45 000	59 000	71 000
Total Long-Term Debt	1 639 000	2 000	71 000	193 000
Total Current Debt	8 481 000	2 527 000	4 444 000	3 577 000
Total Equity and Debt	10 175 000	2 573 000	4 574 000	3 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 115 000	2 939 000	8 588 000	6 400 000
Other Income	0	4 000	0	0
Revenue	13 115 000	2 943 000	8 588 000	6 400 000
Cost of Goods Sold	11 152 000	2 723 000	7 438 000	4 938 000
Salary Costs	593 000	−32 000	0	229 000
Depreciation	0	35 000	42 000	33 000
Impairment	0	0	0	0
Expenditure	12 071 000	2 919 000	7 839 000	5 512 000
Operating Profit	1 043 000	24 000	748 000	888 000
Financial Income	152 000	162 000	122 000	1 000
Financial Costs	207 000	82 000	102 000	35 000
Financial Balance	−55 000	80 000	20 000	−34 000
Dividends	0	0	0	0
Net Income	774 000	76 000	597 000	671 000

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	0	0	87 000	129 000
Total Tangible Assets	0	0	87 000	129 000
Total Fiancial Fixed Assets	5 720 000	0	0	0
Total Fixed Assets	5 720 000	0	87 000	129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 543 000	15 000	614 000	45 000
Total Current Assets	4 456 000	2 573 000	4 487 000	3 712 000
Total Assets	10 175 000	2 573 000	4 574 000	3 842 000
Total Equity	55 000	45 000	59 000	71 000
Short-Term Group Debt	0	398 000	1 499 000	1 373 000
Total Long-Term Debt	1 639 000	2 000	71 000	193 000
Creditors	8 418 000	75 000	2 507 000	1 984 000
Unpaid Taxes	9 000	0	63 000	192 000
Dividends	0	0	0	0
Other Current Debt	54 000	1 705 000	28 000	28 000
Total Current Debt	8 481 000	2 527 000	4 444 000	3 577 000
Total Equity and Debt	10 175 000	2 573 000	4 574 000	3 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 407,27 %	168,89 %	1 011,86 %	945,07 %
Debt-to-Equity Ratio	29,8	0,04	1,2	2,72
Operating Profit Margin	7,95 %	0,82 %	8,71 %	13,88 %
Current Ratio	0,53	1,02	1,01	1,04
Quick Ratio	0,53	1,02	1,01	1,04
Equity Ratio	0,01	0,02	0,01	0,02
Gross Profit Margin	14,97 %	7,48 %	13,39 %	22,84 %