DRIVE TIME TRAFIKKSKOLE AS

1661 ROLVSØY

Finances

Share Ownership

Return on Equity

−19,26 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 532 000	5 285 000	4 881 000	4 458 000
Net Income	−188 000	−142 000	388 000	309 000
Total Assets	1 959 000	1 894 000	2 349 000	2 356 000
Total Equity	976 000	1 382 000	1 581 000	1 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 532 000	5 285 000	4 881 000	4 458 000
Expenditure	4 612 000	5 460 000	4 311 000	4 050 000
Operating Profit	−81 000	−176 000	569 000	408 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	6 000	10 000	25 000
Financial Balance	−9 000	−6 000	−10 000	−24 000
Earnings Before Tax	−89 000	−182 000	559 000	384 000
Tax	99 000	−40 000	171 000	75 000
Net Income	−188 000	−142 000	388 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	667 000	1 272 000	1 554 000	1 356 000
Total Current Assets	1 292 000	623 000	795 000	1 000 000
Total Assets	1 959 000	1 894 000	2 349 000	2 356 000
Total Retained Equity	946 000	1 352 000	1 551 000	1 163 000
Total Equity	976 000	1 382 000	1 581 000	1 193 000
Total Long-Term Debt	36 000	61 000	121 000	398 000
Total Current Debt	947 000	452 000	646 000	765 000
Total Equity and Debt	1 959 000	1 894 000	2 349 000	2 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 532 000	5 288 000	4 706 000	4 458 000
Other Income	0	−3 000	175 000	0
Revenue	4 532 000	5 285 000	4 881 000	4 458 000
Cost of Goods Sold	0	1 000	115 000	61 000
Salary Costs	2 955 000	3 570 000	2 683 000	2 501 000
Depreciation	417 000	412 000	409 000	255 000
Impairment	0	0	0	0
Expenditure	4 612 000	5 460 000	4 311 000	4 050 000
Operating Profit	−81 000	−176 000	569 000	408 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	6 000	10 000	25 000
Financial Balance	−9 000	−6 000	−10 000	−24 000
Dividends	218 000	58 000	0	0
Net Income	−188 000	−142 000	388 000	309 000

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	607 000	1 025 000	1 359 000	1 356 000
Total Tangible Assets	607 000	1 025 000	1 359 000	1 356 000
Total Fiancial Fixed Assets	60 000	247 000	195 000	0
Total Fixed Assets	667 000	1 272 000	1 554 000	1 356 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	751 000	526 000	577 000	977 000
Total Current Assets	1 292 000	623 000	795 000	1 000 000
Total Assets	1 959 000	1 894 000	2 349 000	2 356 000
Total Equity	976 000	1 382 000	1 581 000	1 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 000	61 000	121 000	398 000
Creditors	88 000	−45 000	12 000	6 000
Unpaid Taxes	251 000	116 000	201 000	191 000
Dividends	218 000	58 000	0	0
Other Current Debt	507 000	380 000	305 000	494 000
Total Current Debt	947 000	452 000	646 000	765 000
Total Equity and Debt	1 959 000	1 894 000	2 349 000	2 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,26 %	−10,27 %	24,54 %	25,9 %
Debt-to-Equity Ratio	0,04	0,04	0,08	0,33
Operating Profit Margin	−1,79 %	−3,33 %	11,66 %	9,15 %
Current Ratio	1,36	1,38	1,23	1,31
Quick Ratio	1,36	1,38	1,23	1,31
Equity Ratio	0,5	0,73	0,67	0,51
Gross Profit Margin	100 %	99,98 %	97,64 %	98,63 %