NICO DRIFT AS

4262 AVALDSNES

Finances

Return on Equity

−24,88 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 552 000	3 212 000	2 339 000	2 765 000
Net Income	−262 000	88 000	−216 000	520 000
Total Assets	6 398 000	6 247 000	5 417 000	4 893 000
Total Equity	1 053 000	1 316 000	1 228 000	1 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 552 000	3 212 000	2 339 000	2 765 000
Expenditure	3 883 000	3 098 000	2 610 000	2 097 000
Operating Profit	−331 000	115 000	−271 000	669 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	7 000	2 000
Financial Balance	−6 000	−3 000	−7 000	−2 000
Earnings Before Tax	−336 000	112 000	−277 000	667 000
Tax	−74 000	25 000	−61 000	147 000
Net Income	−262 000	88 000	−216 000	520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 362 000	4 334 000	4 336 000	3 707 000
Total Current Assets	1 036 000	1 913 000	1 081 000	1 187 000
Total Assets	6 398 000	6 247 000	5 417 000	4 893 000
Total Retained Equity	1 023 000	1 286 000	1 198 000	1 414 000
Total Equity	1 053 000	1 316 000	1 228 000	1 444 000
Total Long-Term Debt	256 000	330 000	338 000	399 000
Total Current Debt	5 089 000	4 602 000	3 851 000	3 050 000
Total Equity and Debt	6 398 000	6 247 000	5 417 000	4 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 434 000	3 212 000	2 339 000	785 000
Other Income	118 000	0	0	1 980 000
Revenue	3 552 000	3 212 000	2 339 000	2 765 000
Cost of Goods Sold	27 000	0	0	0
Salary Costs	2 046 000	1 436 000	1 431 000	787 000
Depreciation	25 000	37 000	37 000	232 000
Impairment	0	0	0	0
Expenditure	3 883 000	3 098 000	2 610 000	2 097 000
Operating Profit	−331 000	115 000	−271 000	669 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	7 000	2 000
Financial Balance	−6 000	−3 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	−262 000	88 000	−216 000	520 000

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	9 000	13 000	17 000
Fixtures	14 000	30 000	63 000	95 000
Total Tangible Assets	14 000	39 000	76 000	113 000
Total Fiancial Fixed Assets	5 348 000	4 295 000	4 260 000	3 594 000
Total Fixed Assets	5 362 000	4 334 000	4 336 000	3 707 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	263 000	1 028 000	18 000
Total Current Assets	1 036 000	1 913 000	1 081 000	1 187 000
Total Assets	6 398 000	6 247 000	5 417 000	4 893 000
Total Equity	1 053 000	1 316 000	1 228 000	1 444 000
Short-Term Group Debt	4 262 000	3 214 000	2 824 000	2 286 000
Total Long-Term Debt	256 000	330 000	338 000	399 000
Creditors	320 000	308 000	339 000	397 000
Unpaid Taxes	318 000	559 000	538 000	124 000
Dividends	0	0	0	0
Other Current Debt	189 000	488 000	151 000	243 000
Total Current Debt	5 089 000	4 602 000	3 851 000	3 050 000
Total Equity and Debt	6 398 000	6 247 000	5 417 000	4 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,88 %	6,69 %	−17,59 %	36,01 %
Debt-to-Equity Ratio	0,24	0,25	0,28	0,28
Operating Profit Margin	−9,32 %	3,58 %	−11,59 %	24,2 %
Current Ratio	0,2	0,42	0,28	0,39
Quick Ratio	0,2	0,42	0,28	0,39
Equity Ratio	0,16	0,21	0,23	0,3
Gross Profit Margin	99,24 %	100 %	100 %	100 %