DRAMMEN RACING SENTER AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

63,1 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 985 000	1 159 000	875 000	0
Net Income	530 000	279 000	54 000	−1 000
Total Assets	1 289 000	669 000	439 000	23 000
Total Equity	840 000	309 000	30 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 985 000	1 159 000	875 000	0
Expenditure	1 307 000	801 000	809 000	1 000
Operating Profit	678 000	358 000	67 000	−1 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	680 000	358 000	67 000	−1 000
Tax	150 000	79 000	13 000	0
Net Income	530 000	279 000	54 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	34 000	0	0
Total Current Assets	1 271 000	635 000	439 000	23 000
Total Assets	1 289 000	669 000	439 000	23 000
Total Retained Equity	810 000	279 000	0	−7 000
Total Equity	840 000	309 000	30 000	23 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	449 000	359 000	409 000	0
Total Equity and Debt	1 289 000	669 000	439 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 985 000	992 000	840 000	0
Other Income	0	167 000	36 000	0
Revenue	1 985 000	1 159 000	875 000	0
Cost of Goods Sold	147 000	139 000	96 000	0
Salary Costs	173 000	128 000	108 000	0
Depreciation	16 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	1 307 000	801 000	809 000	1 000
Operating Profit	678 000	358 000	67 000	−1 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	530 000	279 000	54 000	−1 000

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	18 000	34 000	0	0
Total Tangible Assets	18 000	34 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	34 000	0	0
Stock	0	0	0	0
Total Investments	503 000	0	0	0
Cash, Bank	604 000	536 000	324 000	23 000
Total Current Assets	1 271 000	635 000	439 000	23 000
Total Assets	1 289 000	669 000	439 000	23 000
Total Equity	840 000	309 000	30 000	23 000
Short-Term Group Debt	0	0	60 000	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	25 000	82 000	292 000	0
Unpaid Taxes	74 000	82 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	200 000	117 000	54 000	0
Total Current Debt	449 000	359 000	409 000	0
Total Equity and Debt	1 289 000	669 000	439 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,1 %	90,29 %	180 %	−4,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,16 %	30,89 %	7,66 %	-
Current Ratio	2,83	1,77	1,07	-
Quick Ratio	2,83	1,77	1,07	-
Equity Ratio	0,65	0,46	0,07	1
Gross Profit Margin	92,59 %	88,01 %	89,03 %	-