DRIFT OLAV KYRRES GATE 27 AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

676,74 %

Current Ratio

0,75

Debt-to-Equity Ratio

9,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 686 000	10 955 000	6 779 000	10 995 000
Net Income	1 164 000	202 000	−299 000	243 000
Total Assets	4 363 000	3 939 000	4 094 000	2 480 000
Total Equity	172 000	85 000	30 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 686 000	10 955 000	6 779 000	10 995 000
Expenditure	15 150 000	10 689 000	7 087 000	10 671 000
Operating Profit	1 536 000	265 000	−308 000	325 000
Financial Income	0	0	0	0
Financial Costs	65 000	22 000	19 000	7 000
Financial Balance	−65 000	−22 000	−19 000	−7 000
Earnings Before Tax	1 471 000	243 000	−327 000	318 000
Tax	307 000	41 000	−28 000	76 000
Net Income	1 164 000	202 000	−299 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 518 000	2 703 000	3 083 000	1 675 000
Total Current Assets	1 845 000	1 236 000	1 011 000	804 000
Total Assets	4 363 000	3 939 000	4 094 000	2 480 000
Total Retained Equity	0	−87 000	−142 000	157 000
Total Equity	172 000	85 000	30 000	187 000
Total Long-Term Debt	1 716 000	941 000	1 431 000	0
Total Current Debt	2 475 000	2 912 000	2 633 000	2 293 000
Total Equity and Debt	4 363 000	3 939 000	4 094 000	2 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 215 000	10 550 000	6 333 000	10 514 000
Other Income	470 000	405 000	447 000	480 000
Revenue	16 686 000	10 955 000	6 779 000	10 995 000
Cost of Goods Sold	4 308 000	3 059 000	1 863 000	3 173 000
Salary Costs	4 679 000	2 956 000	2 237 000	3 280 000
Depreciation	347 000	302 000	330 000	295 000
Impairment	0	0	0	0
Expenditure	15 150 000	10 689 000	7 087 000	10 671 000
Operating Profit	1 536 000	265 000	−308 000	325 000
Financial Income	0	0	0	0
Financial Costs	65 000	22 000	19 000	7 000
Financial Balance	−65 000	−22 000	−19 000	−7 000
Dividends	0	0	0	0
Net Income	1 164 000	202 000	−299 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 009 000
Machinery and Plant Facilities	0	0	0	42 000
Fixtures	1 174 000	1 097 000	1 241 000	95 000
Total Tangible Assets	1 174 000	1 097 000	1 241 000	1 145 000
Total Fiancial Fixed Assets	1 344 000	1 606 000	1 843 000	530 000
Total Fixed Assets	2 518 000	2 703 000	3 083 000	1 675 000
Stock	193 000	175 000	106 000	78 000
Total Investments	0	0	0	0
Cash, Bank	1 174 000	912 000	323 000	393 000
Total Current Assets	1 845 000	1 236 000	1 011 000	804 000
Total Assets	4 363 000	3 939 000	4 094 000	2 480 000
Total Equity	172 000	85 000	30 000	187 000
Short-Term Group Debt	319 000	1 356 000	1 841 000	1 466 000
Total Long-Term Debt	1 716 000	941 000	1 431 000	0
Creditors	174 000	340 000	47 000	36 000
Unpaid Taxes	414 000	319 000	190 000	173 000
Dividends	0	0	0	0
Other Current Debt	1 565 000	898 000	544 000	617 000
Total Current Debt	2 475 000	2 912 000	2 633 000	2 293 000
Total Equity and Debt	4 363 000	3 939 000	4 094 000	2 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	676,74 %	237,65 %	−996,67 %	129,95 %
Debt-to-Equity Ratio	9,98	11,07	47,7	0
Operating Profit Margin	9,21 %	2,42 %	−4,54 %	2,96 %
Current Ratio	0,75	0,42	0,38	0,35
Quick Ratio	0,81	0,45	0,4	0,36
Equity Ratio	0,04	0,02	0,01	0,08
Gross Profit Margin	74,18 %	72,08 %	72,52 %	71,14 %