DROPRACKS AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

293,7 %

Current Ratio

0,15

Debt-to-Equity Ratio

−3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 724 000	2 123 000	2 464 000	855 000
Net Income	−4 661 000	−3 158 000	−1 529 000	−299 000
Total Assets	9 531 000	9 450 000	7 496 000	6 452 000
Total Equity	−1 587 000	1 007 000	−1 001 000	−273 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 724 000	2 123 000	2 464 000	855 000
Expenditure	10 254 000	5 996 000	4 065 000	1 866 000
Operating Profit	−5 529 000	−3 872 000	−1 601 000	−1 011 000
Financial Income	163 000	122 000	11 000	5 000
Financial Costs	609 000	303 000	379 000	221 000
Financial Balance	−446 000	−181 000	−368 000	−216 000
Earnings Before Tax	−5 975 000	−4 054 000	−1 969 000	−1 227 000
Tax	−1 315 000	−896 000	−440 000	−928 000
Net Income	−4 661 000	−3 158 000	−1 529 000	−299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 588 000	7 698 000	6 826 000	4 068 000
Total Current Assets	943 000	1 752 000	670 000	2 384 000
Total Assets	9 531 000	9 450 000	7 496 000	6 452 000
Total Retained Equity	−2 426 000	0	−1 843 000	−314 000
Total Equity	−1 587 000	1 007 000	−1 001 000	−273 000
Total Long-Term Debt	4 942 000	4 834 000	4 792 000	4 667 000
Total Current Debt	6 176 000	3 609 000	3 706 000	2 058 000
Total Equity and Debt	9 531 000	9 450 000	7 496 000	6 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 723 000	2 104 000	2 431 000	823 000
Other Income	1 000	19 000	34 000	32 000
Revenue	4 724 000	2 123 000	2 464 000	855 000
Cost of Goods Sold	4 792 000	1 440 000	1 894 000	626 000
Salary Costs	1 627 000	1 757 000	554 000	254 000
Depreciation	425 000	437 000	182 000	12 000
Impairment	0	0	0	0
Expenditure	10 254 000	5 996 000	4 065 000	1 866 000
Operating Profit	−5 529 000	−3 872 000	−1 601 000	−1 011 000
Financial Income	163 000	122 000	11 000	5 000
Financial Costs	609 000	303 000	379 000	221 000
Financial Balance	−446 000	−181 000	−368 000	−216 000
Dividends	0	0	0	0
Net Income	−4 661 000	−3 158 000	−1 529 000	−299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 526 000	7 627 000	6 764 000	4 016 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	71 000	62 000	52 000
Total Tangible Assets	63 000	71 000	62 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 588 000	7 698 000	6 826 000	4 068 000
Stock	82 000	705 000	159 000	1 113 000
Total Investments	0	0	0	0
Cash, Bank	373 000	392 000	8 000	20 000
Total Current Assets	943 000	1 752 000	670 000	2 384 000
Total Assets	9 531 000	9 450 000	7 496 000	6 452 000
Total Equity	−1 587 000	1 007 000	−1 001 000	−273 000
Short-Term Group Debt	1 081 000	593 000	0	0
Total Long-Term Debt	4 942 000	4 834 000	4 792 000	4 667 000
Creditors	1 370 000	156 000	1 986 000	1 031 000
Unpaid Taxes	102 000	175 000	40 000	40 000
Dividends	0	0	0	0
Other Current Debt	3 622 000	2 684 000	1 376 000	986 000
Total Current Debt	6 176 000	3 609 000	3 706 000	2 058 000
Total Equity and Debt	9 531 000	9 450 000	7 496 000	6 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	293,7 %	−313,6 %	152,75 %	109,52 %
Debt-to-Equity Ratio	−3,11	4,8	−4,79	−17,1
Operating Profit Margin	−117,04 %	−182,38 %	−64,98 %	−118,25 %
Current Ratio	0,15	0,49	0,18	1,16
Quick Ratio	0,15	0,6	0,19	2,52
Equity Ratio	−0,17	0,11	−0,13	−0,04
Gross Profit Margin	−1,44 %	32,17 %	23,13 %	26,78 %