RM DRIFT II AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−57,35 %

Current Ratio

2,72

Debt-to-Equity Ratio

36,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 000	1 380 000	1 067 000	2 391 000
Net Income	−39 000	−83 000	−35 000	−58 000
Total Assets	2 706 000	2 931 000	400 000	314 000
Total Equity	68 000	107 000	190 000	225 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 000	1 380 000	1 067 000	2 391 000
Expenditure	849 000	1 445 000	1 102 000	2 450 000
Operating Profit	24 000	−65 000	−34 000	−59 000
Financial Income	0	0	0	4 000
Financial Costs	63 000	18 000	1 000	2 000
Financial Balance	−63 000	−18 000	−1 000	2 000
Earnings Before Tax	−39 000	−83 000	−35 000	−58 000
Tax	0	0	0	0
Net Income	−39 000	−83 000	−35 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 331 000	2 430 000	0	0
Total Current Assets	375 000	501 000	400 000	314 000
Total Assets	2 706 000	2 931 000	400 000	314 000
Total Retained Equity	−32 000	7 000	90 000	125 000
Total Equity	68 000	107 000	190 000	225 000
Total Long-Term Debt	2 500 000	2 500 000	0	0
Total Current Debt	138 000	324 000	210 000	89 000
Total Equity and Debt	2 706 000	2 931 000	400 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	872 000	1 380 000	1 067 000	2 391 000
Other Income	0	0	0	0
Revenue	872 000	1 380 000	1 067 000	2 391 000
Cost of Goods Sold	42 000	239 000	27 000	0
Salary Costs	30 000	90 000	71 000	158 000
Depreciation	257 000	0	0	0
Impairment	0	0	0	0
Expenditure	849 000	1 445 000	1 102 000	2 450 000
Operating Profit	24 000	−65 000	−34 000	−59 000
Financial Income	0	0	0	4 000
Financial Costs	63 000	18 000	1 000	2 000
Financial Balance	−63 000	−18 000	−1 000	2 000
Dividends	0	0	0	0
Net Income	−39 000	−83 000	−35 000	−58 000

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	0	0	0	0
Total Tangible Assets	2 331 000	2 430 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 331 000	2 430 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	195 000	158 000	341 000	183 000
Total Current Assets	375 000	501 000	400 000	314 000
Total Assets	2 706 000	2 931 000	400 000	314 000
Total Equity	68 000	107 000	190 000	225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	2 500 000	0	0
Creditors	16 000	250 000	53 000	15 000
Unpaid Taxes	19 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	103 000	74 000	157 000	74 000
Total Current Debt	138 000	324 000	210 000	89 000
Total Equity and Debt	2 706 000	2 931 000	400 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,35 %	−77,57 %	−18,42 %	−25,78 %
Debt-to-Equity Ratio	36,76	23,36	0	0
Operating Profit Margin	2,75 %	−4,71 %	−3,19 %	−2,47 %
Current Ratio	2,72	1,55	1,9	3,53
Quick Ratio	2,72	1,55	1,9	3,53
Equity Ratio	0,03	0,04	0,48	0,72
Gross Profit Margin	95,18 %	82,68 %	97,47 %	100 %