KKC DRIFT AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

19,26 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 082 000	1 112 000	708 000	694 000
Net Income	52 000	75 000	99 000	−19 000
Total Assets	415 000	354 000	219 000	117 000
Total Equity	270 000	219 000	143 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 082 000	1 112 000	708 000	694 000
Expenditure	1 012 000	1 015 000	581 000	717 000
Operating Profit	69 000	98 000	126 000	−24 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	69 000	98 000	127 000	−24 000
Tax	17 000	22 000	29 000	−5 000
Net Income	52 000	75 000	99 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	56 000	85 000	42 000
Total Current Assets	379 000	298 000	134 000	75 000
Total Assets	415 000	354 000	219 000	117 000
Total Retained Equity	240 000	189 000	113 000	15 000
Total Equity	270 000	219 000	143 000	45 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	145 000	135 000	73 000	72 000
Total Equity and Debt	415 000	354 000	219 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 082 000	1 112 000	708 000	694 000
Other Income	0	0	0	0
Revenue	1 082 000	1 112 000	708 000	694 000
Cost of Goods Sold	290 000	321 000	196 000	185 000
Salary Costs	582 000	532 000	286 000	383 000
Depreciation	20 000	29 000	21 000	20 000
Impairment	0	0	0	0
Expenditure	1 012 000	1 015 000	581 000	717 000
Operating Profit	69 000	98 000	126 000	−24 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	52 000	75 000	99 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	6 000	18 000	30 000
Fixtures	36 000	50 000	67 000	11 000
Total Tangible Assets	36 000	56 000	85 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	56 000	85 000	42 000
Stock	0	0	3 000	8 000
Total Investments	0	0	0	0
Cash, Bank	369 000	286 000	122 000	63 000
Total Current Assets	379 000	298 000	134 000	75 000
Total Assets	415 000	354 000	219 000	117 000
Total Equity	270 000	219 000	143 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	16 000	14 000	2 000	18 000
Unpaid Taxes	55 000	45 000	19 000	22 000
Dividends	0	0	0	0
Other Current Debt	56 000	51 000	27 000	32 000
Total Current Debt	145 000	135 000	73 000	72 000
Total Equity and Debt	415 000	354 000	219 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,26 %	34,25 %	69,23 %	−42,22 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	6,38 %	8,81 %	17,8 %	−3,46 %
Current Ratio	2,61	2,21	1,84	1,04
Quick Ratio	2,61	2,21	1,91	1,17
Equity Ratio	0,65	0,62	0,65	0,38
Gross Profit Margin	73,2 %	71,13 %	72,32 %	73,34 %