E&M DRIFT AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

94,25 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 418 000	7 318 000	4 740 000	2 880 000
Net Income	869 000	295 000	−317 000	−367 000
Total Assets	2 640 000	1 345 000	1 319 000	673 000
Total Equity	922 000	53 000	−242 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 418 000	7 318 000	4 740 000	2 880 000
Expenditure	8 452 000	7 022 000	5 055 000	3 208 000
Operating Profit	966 000	296 000	−315 000	−329 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	1 000	2 000	39 000
Financial Balance	−2 000	−1 000	−2 000	−38 000
Earnings Before Tax	964 000	295 000	−317 000	−367 000
Tax	95 000	0	0	0
Net Income	869 000	295 000	−317 000	−367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	148 000	155 000	86 000
Total Current Assets	2 404 000	1 197 000	1 163 000	587 000
Total Assets	2 640 000	1 345 000	1 319 000	673 000
Total Retained Equity	822 000	−47 000	−342 000	−25 000
Total Equity	922 000	53 000	−242 000	75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 718 000	1 292 000	1 561 000	598 000
Total Equity and Debt	2 640 000	1 345 000	1 319 000	673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 183 000	7 042 000	4 578 000	2 713 000
Other Income	235 000	277 000	162 000	166 000
Revenue	9 418 000	7 318 000	4 740 000	2 880 000
Cost of Goods Sold	2 556 000	2 106 000	1 563 000	945 000
Salary Costs	3 657 000	3 192 000	2 241 000	1 219 000
Depreciation	120 000	71 000	43 000	10 000
Impairment	0	0	0	0
Expenditure	8 452 000	7 022 000	5 055 000	3 208 000
Operating Profit	966 000	296 000	−315 000	−329 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	1 000	2 000	39 000
Financial Balance	−2 000	−1 000	−2 000	−38 000
Dividends	0	0	0	0
Net Income	869 000	295 000	−317 000	−367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	20 000	30 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	128 000	125 000	86 000
Total Tangible Assets	226 000	128 000	125 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	148 000	155 000	86 000
Stock	228 000	277 000	160 000	150 000
Total Investments	0	0	0	0
Cash, Bank	1 126 000	602 000	642 000	305 000
Total Current Assets	2 404 000	1 197 000	1 163 000	587 000
Total Assets	2 640 000	1 345 000	1 319 000	673 000
Total Equity	922 000	53 000	−242 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	463 000	319 000	645 000	266 000
Unpaid Taxes	418 000	233 000	253 000	22 000
Dividends	0	0	0	0
Other Current Debt	741 000	740 000	663 000	310 000
Total Current Debt	1 718 000	1 292 000	1 561 000	598 000
Total Equity and Debt	2 640 000	1 345 000	1 319 000	673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,25 %	556,6 %	130,99 %	−489,33 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	10,26 %	4,04 %	−6,65 %	−11,42 %
Current Ratio	1,4	0,93	0,75	0,98
Quick Ratio	1,61	1,18	0,83	1,31
Equity Ratio	0,35	0,04	−0,18	0,11
Gross Profit Margin	72,86 %	71,22 %	67,03 %	67,19 %