J O DRIFT AS

3675 NOTODDEN

Finances

Share Ownership

Return on Equity

84,11 %

Current Ratio

1,18

Debt-to-Equity Ratio

−2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 967 000	15 840 000	16 607 000	15 477 000
Net Income	−524 000	−571 000	423 000	−406 000
Total Assets	2 573 000	2 923 000	3 704 000	3 109 000
Total Equity	−623 000	−145 000	319 000	−104 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 967 000	15 840 000	16 607 000	15 477 000
Expenditure	15 341 000	16 411 000	16 078 000	15 869 000
Operating Profit	−374 000	−570 000	530 000	−393 000
Financial Income	0	0	0	0
Financial Costs	164 000	31 000	25 000	38 000
Financial Balance	−164 000	−31 000	−25 000	−38 000
Earnings Before Tax	−537 000	−600 000	504 000	−430 000
Tax	−13 000	−30 000	81 000	−24 000
Net Income	−524 000	−571 000	423 000	−406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	416 000	451 000	582 000	715 000
Total Current Assets	2 157 000	2 472 000	3 123 000	2 394 000
Total Assets	2 573 000	2 923 000	3 704 000	3 109 000
Total Retained Equity	−889 000	−365 000	205 000	−218 000
Total Equity	−623 000	−145 000	319 000	−104 000
Total Long-Term Debt	1 370 000	1 616 000	456 000	591 000
Total Current Debt	1 826 000	1 452 000	2 929 000	2 622 000
Total Equity and Debt	2 573 000	2 923 000	3 704 000	3 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 674 000	15 554 000	16 335 000	15 214 000
Other Income	293 000	287 000	272 000	263 000
Revenue	14 967 000	15 840 000	16 607 000	15 477 000
Cost of Goods Sold	10 356 000	11 604 000	11 723 000	11 395 000
Salary Costs	2 403 000	2 459 000	2 082 000	2 229 000
Depreciation	103 000	128 000	155 000	152 000
Impairment	0	0	0	0
Expenditure	15 341 000	16 411 000	16 078 000	15 869 000
Operating Profit	−374 000	−570 000	530 000	−393 000
Financial Income	0	0	0	0
Financial Costs	164 000	31 000	25 000	38 000
Financial Balance	−164 000	−31 000	−25 000	−38 000
Dividends	0	0	0	0
Net Income	−524 000	−571 000	423 000	−406 000

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	375 000	451 000	582 000	715 000
Total Tangible Assets	375 000	451 000	582 000	715 000
Total Fiancial Fixed Assets	42 000	0	0	0
Total Fixed Assets	416 000	451 000	582 000	715 000
Stock	997 000	741 000	954 000	715 000
Total Investments	0	0	0	0
Cash, Bank	355 000	422 000	781 000	464 000
Total Current Assets	2 157 000	2 472 000	3 123 000	2 394 000
Total Assets	2 573 000	2 923 000	3 704 000	3 109 000
Total Equity	−623 000	−145 000	319 000	−104 000
Short-Term Group Debt	69 000	74 000	618 000	837 000
Total Long-Term Debt	1 370 000	1 616 000	456 000	591 000
Creditors	1 262 000	909 000	1 733 000	1 362 000
Unpaid Taxes	211 000	189 000	233 000	192 000
Dividends	0	0	0	0
Other Current Debt	284 000	280 000	264 000	231 000
Total Current Debt	1 826 000	1 452 000	2 929 000	2 622 000
Total Equity and Debt	2 573 000	2 923 000	3 704 000	3 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,11 %	393,79 %	132,6 %	390,38 %
Debt-to-Equity Ratio	−2,2	−11,14	1,43	−5,68
Operating Profit Margin	−2,5 %	−3,6 %	3,19 %	−2,54 %
Current Ratio	1,18	1,7	1,07	0,91
Quick Ratio	2,6	3,48	1,58	1,26
Equity Ratio	−0,24	−0,05	0,09	−0,03
Gross Profit Margin	30,81 %	26,74 %	29,41 %	26,37 %