NORLAND DRIFT DA

4308 SANDNES

Finances

Return on Equity

18,84 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 251 000	10 073 000	8 633 000	9 261 000
Net Income	634 000	1 049 000	438 000	−551 000
Total Assets	6 868 000	7 954 000	7 210 000	6 714 000
Total Equity	3 365 000	4 900 000	3 851 000	3 413 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 251 000	10 073 000	8 633 000	9 261 000
Expenditure	11 483 000	9 811 000	8 816 000	9 216 000
Operating Profit	660 000	1 078 000	506 000	−503 000
Financial Income	2 000	3 000	2 000	1 000
Financial Costs	29 000	32 000	69 000	50 000
Financial Balance	−27 000	−29 000	−67 000	−49 000
Earnings Before Tax	634 000	1 049 000	438 000	−551 000
Tax	0	0	0	0
Net Income	634 000	1 049 000	438 000	−551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 174 000	1 398 000	1 470 000	1 721 000
Total Current Assets	5 694 000	6 556 000	5 740 000	4 993 000
Total Assets	6 868 000	7 954 000	7 210 000	6 714 000
Total Retained Equity	3 365 000	4 900 000	3 851 000	3 413 000
Total Equity	3 365 000	4 900 000	3 851 000	3 413 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 503 000	3 055 000	3 359 000	3 302 000
Total Equity and Debt	6 868 000	7 954 000	7 210 000	6 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 721 000	8 823 000	7 722 000	8 205 000
Other Income	1 530 000	1 250 000	910 000	1 056 000
Revenue	11 251 000	10 073 000	8 633 000	9 261 000
Cost of Goods Sold	5 526 000	4 575 000	4 456 000	5 083 000
Salary Costs	1 019 000	320 000	358 000	129 000
Depreciation	196 000	326 000	330 000	331 000
Impairment	0	0	0	0
Expenditure	11 483 000	9 811 000	8 816 000	9 216 000
Operating Profit	660 000	1 078 000	506 000	−503 000
Financial Income	2 000	3 000	2 000	1 000
Financial Costs	29 000	32 000	69 000	50 000
Financial Balance	−27 000	−29 000	−67 000	−49 000
Dividends	0	0	0	0
Net Income	634 000	1 049 000	438 000	−551 000

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	772 000	964 000	1 130 000	1 319 000
Total Tangible Assets	772 000	964 000	1 130 000	1 319 000
Total Fiancial Fixed Assets	403 000	434 000	340 000	403 000
Total Fixed Assets	1 174 000	1 398 000	1 470 000	1 721 000
Stock	4 829 000	5 705 000	4 877 000	4 168 000
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	0	0
Total Current Assets	5 694 000	6 556 000	5 740 000	4 993 000
Total Assets	6 868 000	7 954 000	7 210 000	6 714 000
Total Equity	3 365 000	4 900 000	3 851 000	3 413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 172 000	964 000	868 000	894 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 499 000	1 247 000	1 564 000	1 457 000
Total Current Debt	3 503 000	3 055 000	3 359 000	3 302 000
Total Equity and Debt	6 868 000	7 954 000	7 210 000	6 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,84 %	21,41 %	11,37 %	−16,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,87 %	10,7 %	5,86 %	−5,43 %
Current Ratio	1,63	2,15	1,71	1,51
Quick Ratio	−4,29	−2,47	−3,78	−5,77
Equity Ratio	0,49	0,62	0,53	0,51
Gross Profit Margin	50,88 %	54,58 %	48,38 %	45,11 %