MG13 DRIFT AS

0250 OSLO

Finances

Share Ownership

Return on Equity

35,04 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	183 000	178 000	122 000	6 910 000
Net Income	82 000	71 000	34 000	129 000
Total Assets	1 828 000	1 340 000	2 197 000	2 162 000
Total Equity	234 000	233 000	182 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	183 000	178 000	122 000	6 910 000
Expenditure	93 000	90 000	84 000	6 745 000
Operating Profit	91 000	88 000	38 000	165 000
Financial Income	14 000	3 000	5 000	0
Financial Costs	0	0	0	0
Financial Balance	14 000	3 000	5 000	0
Earnings Before Tax	105 000	91 000	43 000	165 000
Tax	23 000	20 000	10 000	36 000
Net Income	82 000	71 000	34 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	15 000	0
Total Current Assets	1 806 000	1 340 000	2 182 000	2 162 000
Total Assets	1 828 000	1 340 000	2 197 000	2 162 000
Total Retained Equity	204 000	203 000	152 000	204 000
Total Equity	234 000	233 000	182 000	234 000
Total Long-Term Debt	0	110 000	0	0
Total Current Debt	1 593 000	996 000	2 015 000	1 928 000
Total Equity and Debt	1 828 000	1 340 000	2 197 000	2 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	109 000	94 000	0
Other Income	3 000	69 000	28 000	6 910 000
Revenue	183 000	178 000	122 000	6 910 000
Cost of Goods Sold	0	0	0	6 524 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	93 000	90 000	84 000	6 745 000
Operating Profit	91 000	88 000	38 000	165 000
Financial Income	14 000	3 000	5 000	0
Financial Costs	0	0	0	0
Financial Balance	14 000	3 000	5 000	0
Dividends	0	0	0	0
Net Income	82 000	71 000	34 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	0	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 207 000	501 000	1 387 000	1 542 000
Total Current Assets	1 806 000	1 340 000	2 182 000	2 162 000
Total Assets	1 828 000	1 340 000	2 197 000	2 162 000
Total Equity	234 000	233 000	182 000	234 000
Short-Term Group Debt	103 000	25 000	110 000	0
Total Long-Term Debt	0	110 000	0	0
Creditors	927 000	970 000	802 000	668 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	541 000	1 000	1 103 000	1 224 000
Total Current Debt	1 593 000	996 000	2 015 000	1 928 000
Total Equity and Debt	1 828 000	1 340 000	2 197 000	2 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,04 %	30,47 %	18,68 %	55,13 %
Debt-to-Equity Ratio	0	0,47	0	0
Operating Profit Margin	49,73 %	49,44 %	31,15 %	2,39 %
Current Ratio	1,13	1,35	1,08	1,12
Quick Ratio	1,13	1,35	1,08	1,12
Equity Ratio	0,13	0,17	0,08	0,11
Gross Profit Margin	100 %	100 %	100 %	5,59 %