DRAG LANDHANDEL AS

8270 DRAG

Finances

Return on Equity

23,54 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 627 000	9 120 000	8 232 000	8 373 000
Net Income	262 000	495 000	241 000	−1 000
Total Assets	2 271 000	2 376 000	1 952 000	1 514 000
Total Equity	1 113 000	1 151 000	656 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 627 000	9 120 000	8 232 000	8 373 000
Expenditure	10 289 000	8 480 000	7 897 000	8 337 000
Operating Profit	337 000	641 000	335 000	35 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	6 000	27 000	36 000
Financial Balance	−2 000	−6 000	−27 000	−36 000
Earnings Before Tax	335 000	635 000	309 000	−1 000
Tax	74 000	140 000	68 000	0
Net Income	262 000	495 000	241 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	113 000	86 000	89 000
Total Current Assets	2 163 000	2 262 000	1 866 000	1 425 000
Total Assets	2 271 000	2 376 000	1 952 000	1 514 000
Total Retained Equity	761 000	800 000	304 000	63 000
Total Equity	1 113 000	1 151 000	656 000	415 000
Total Long-Term Debt	0	1 000	178 000	312 000
Total Current Debt	1 158 000	1 224 000	1 119 000	788 000
Total Equity and Debt	2 271 000	2 376 000	1 952 000	1 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 454 000	8 778 000	8 047 000	8 122 000
Other Income	173 000	342 000	186 000	251 000
Revenue	10 627 000	9 120 000	8 232 000	8 373 000
Cost of Goods Sold	8 944 000	6 620 000	6 148 000	6 405 000
Salary Costs	861 000	1 313 000	1 234 000	1 249 000
Depreciation	6 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	10 289 000	8 480 000	7 897 000	8 337 000
Operating Profit	337 000	641 000	335 000	35 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	6 000	27 000	36 000
Financial Balance	−2 000	−6 000	−27 000	−36 000
Dividends	0	0	0	0
Net Income	262 000	495 000	241 000	−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	21 000	27 000	0	0
Total Tangible Assets	21 000	27 000	0	0
Total Fiancial Fixed Assets	86 000	86 000	86 000	89 000
Total Fixed Assets	107 000	113 000	86 000	89 000
Stock	1 754 000	1 512 000	1 429 000	1 294 000
Total Investments	0	0	0	0
Cash, Bank	283 000	585 000	394 000	89 000
Total Current Assets	2 163 000	2 262 000	1 866 000	1 425 000
Total Assets	2 271 000	2 376 000	1 952 000	1 514 000
Total Equity	1 113 000	1 151 000	656 000	415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	178 000	312 000
Creditors	421 000	339 000	386 000	205 000
Unpaid Taxes	32 000	148 000	102 000	84 000
Dividends	0	0	0	0
Other Current Debt	631 000	598 000	563 000	498 000
Total Current Debt	1 158 000	1 224 000	1 119 000	788 000
Total Equity and Debt	2 271 000	2 376 000	1 952 000	1 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,54 %	43,01 %	36,74 %	−0,24 %
Debt-to-Equity Ratio	0	0	0,27	0,75
Operating Profit Margin	3,17 %	7,03 %	4,07 %	0,42 %
Current Ratio	1,87	1,85	1,67	1,81
Quick Ratio	−3,63	−7,85	−6,02	−2,82
Equity Ratio	0,49	0,48	0,34	0,27
Gross Profit Margin	15,84 %	27,41 %	25,32 %	23,5 %