TB DRIFT AS

1963 FOSSER

Finances

Share Ownership

Return on Equity

−80,83 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 563 000	7 809 000	7 996 000	6 725 000
Net Income	−156 000	163 000	167 000	−52 000
Total Assets	788 000	924 000	828 000	791 000
Total Equity	193 000	349 000	186 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 563 000	7 809 000	7 996 000	6 725 000
Expenditure	6 717 000	7 586 000	7 664 000	6 560 000
Operating Profit	−155 000	223 000	333 000	165 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	6 000	140 000	218 000
Financial Balance	−1 000	−6 000	−139 000	−217 000
Earnings Before Tax	−156 000	217 000	193 000	−52 000
Tax	0	54 000	26 000	0
Net Income	−156 000	163 000	167 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	33 000	34 000	53 000
Total Current Assets	773 000	891 000	794 000	738 000
Total Assets	788 000	924 000	828 000	791 000
Total Retained Equity	163 000	319 000	156 000	−11 000
Total Equity	193 000	349 000	186 000	19 000
Total Long-Term Debt	150 000	150 000	186 000	0
Total Current Debt	444 000	424 000	456 000	772 000
Total Equity and Debt	788 000	924 000	828 000	791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 488 000	7 726 000	7 941 000	6 688 000
Other Income	75 000	82 000	55 000	37 000
Revenue	6 563 000	7 809 000	7 996 000	6 725 000
Cost of Goods Sold	4 715 000	5 742 000	5 918 000	4 949 000
Salary Costs	939 000	939 000	792 000	732 000
Depreciation	18 000	20 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	6 717 000	7 586 000	7 664 000	6 560 000
Operating Profit	−155 000	223 000	333 000	165 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	6 000	140 000	218 000
Financial Balance	−1 000	−6 000	−139 000	−217 000
Dividends	0	0	0	0
Net Income	−156 000	163 000	167 000	−52 000

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	14 000	33 000	34 000	53 000
Total Tangible Assets	14 000	33 000	34 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	33 000	34 000	53 000
Stock	513 000	571 000	480 000	338 000
Total Investments	0	0	0	0
Cash, Bank	163 000	301 000	162 000	361 000
Total Current Assets	773 000	891 000	794 000	738 000
Total Assets	788 000	924 000	828 000	791 000
Total Equity	193 000	349 000	186 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	150 000	186 000	0
Creditors	244 000	186 000	301 000	135 000
Unpaid Taxes	61 000	70 000	72 000	257 000
Dividends	0	0	0	0
Other Current Debt	140 000	115 000	56 000	379 000
Total Current Debt	444 000	424 000	456 000	772 000
Total Equity and Debt	788 000	924 000	828 000	791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80,83 %	46,7 %	89,78 %	−273,68 %
Debt-to-Equity Ratio	0,78	0,43	1	0
Operating Profit Margin	−2,36 %	2,86 %	4,16 %	2,45 %
Current Ratio	1,74	2,1	1,74	0,96
Quick Ratio	−11,2	−6,06	−33,08	1,7
Equity Ratio	0,24	0,38	0,22	0,02
Gross Profit Margin	28,16 %	26,47 %	25,99 %	26,41 %