APOVEST DRIFT AS

5121 ULSET

Finances

Share Ownership

Return on Equity

71,24 %

Current Ratio

1,05

Debt-to-Equity Ratio

−1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 914 000	6 874 000	881 000	0
Net Income	−1 746 000	−1 546 000	−749 000	331 000
Total Assets	4 869 000	8 735 000	6 135 000	2 314 000
Total Equity	−2 451 000	−1 051 000	−1 938 000	−1 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 914 000	6 874 000	881 000	0
Expenditure	11 760 000	9 107 000	1 795 000	9 000
Operating Profit	−1 846 000	−2 233 000	−913 000	−9 000
Financial Income	4 000	1 000	0	0
Financial Costs	1 000	0	7 000	0
Financial Balance	3 000	1 000	−7 000	0
Earnings Before Tax	−1 843 000	−2 232 000	−919 000	−9 000
Tax	−98 000	−686 000	−170 000	−340 000
Net Income	−1 746 000	−1 546 000	−749 000	331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 305 000	3 203 000	2 572 000	743 000
Total Current Assets	3 564 000	5 533 000	3 563 000	1 571 000
Total Assets	4 869 000	8 735 000	6 135 000	2 314 000
Total Retained Equity	−2 551 000	−1 151 000	−2 038 000	−1 892 000
Total Equity	−2 451 000	−1 051 000	−1 938 000	−1 792 000
Total Long-Term Debt	3 934 000	7 738 000	5 271 000	4 099 000
Total Current Debt	3 386 000	2 048 000	2 802 000	7 000
Total Equity and Debt	4 869 000	8 735 000	6 135 000	2 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 914 000	6 874 000	881 000	0
Other Income	0	0	0	0
Revenue	9 914 000	6 874 000	881 000	0
Cost of Goods Sold	6 440 000	4 230 000	679 000	0
Salary Costs	3 159 000	2 887 000	660 000	0
Depreciation	210 000	208 000	51 000	0
Impairment	0	0	0	0
Expenditure	11 760 000	9 107 000	1 795 000	9 000
Operating Profit	−1 846 000	−2 233 000	−913 000	−9 000
Financial Income	4 000	1 000	0	0
Financial Costs	1 000	0	7 000	0
Financial Balance	3 000	1 000	−7 000	0
Dividends	0	0	0	0
Net Income	−1 746 000	−1 546 000	−749 000	331 000

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	1 305 000	1 515 000	1 663 000	0
Total Tangible Assets	1 305 000	1 515 000	1 663 000	0
Total Fiancial Fixed Assets	0	1 688 000	909 000	743 000
Total Fixed Assets	1 305 000	3 203 000	2 572 000	743 000
Stock	1 237 000	1 378 000	1 181 000	0
Total Investments	0	0	0	0
Cash, Bank	1 358 000	936 000	845 000	27 000
Total Current Assets	3 564 000	5 533 000	3 563 000	1 571 000
Total Assets	4 869 000	8 735 000	6 135 000	2 314 000
Total Equity	−2 451 000	−1 051 000	−1 938 000	−1 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 934 000	7 738 000	5 271 000	4 099 000
Creditors	2 760 000	1 560 000	2 465 000	6 000
Unpaid Taxes	305 000	222 000	188 000	0
Dividends	0	0	0	0
Other Current Debt	321 000	267 000	149 000	1 000
Total Current Debt	3 386 000	2 048 000	2 802 000	7 000
Total Equity and Debt	4 869 000	8 735 000	6 135 000	2 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,24 %	147,1 %	38,65 %	−18,47 %
Debt-to-Equity Ratio	−1,61	−7,36	−2,72	−2,29
Operating Profit Margin	−18,62 %	−32,48 %	−103,63 %	-
Current Ratio	1,05	2,7	1,27	224,43
Quick Ratio	1,66	8,26	2,2	224,43
Equity Ratio	−0,5	−0,12	−0,32	−0,77
Gross Profit Margin	35,04 %	38,46 %	22,93 %	-