ENGEN DRIFT AS

9060 LYNGSEIDET

Finances

Share Ownership

Return on Equity

36,95 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2021	2020	2019	2018
Revenue	494 000	544 000	280 000	341 000
Net Income	167 000	233 000	92 000	−56 000
Total Assets	504 000	348 000	282 000	287 000
Total Equity	452 000	284 000	277 000	−40 000

Income (NOK)	2021	2020	2019	2018
Revenue	494 000	544 000	280 000	341 000
Expenditure	323 000	243 000	183 000	346 000
Operating Profit	172 000	302 000	97 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	68 000
Financial Balance	0	−3 000	−5 000	−68 000
Earnings Before Tax	172 000	299 000	92 000	−72 000
Tax	5 000	66 000	0	−16 000
Net Income	167 000	233 000	92 000	−56 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	434 000	291 000	205 000	225 000
Total Current Assets	70 000	57 000	77 000	62 000
Total Assets	504 000	348 000	282 000	287 000
Total Retained Equity	422 000	254 000	247 000	−70 000
Total Equity	452 000	284 000	277 000	−40 000
Total Long-Term Debt	13 000	14 000	0	375 000
Total Current Debt	39 000	50 000	5 000	−48 000
Total Equity and Debt	504 000	348 000	282 000	287 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	134 000	179 000	161 000	87 000
Other Income	360 000	365 000	120 000	254 000
Revenue	494 000	544 000	280 000	341 000
Cost of Goods Sold	32 000	28 000	9 000	37 000
Salary Costs	0	0	0	0
Depreciation	24 000	24 000	20 000	24 000
Impairment	0	0	0	0
Expenditure	323 000	243 000	183 000	346 000
Operating Profit	172 000	302 000	97 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	68 000
Financial Balance	0	−3 000	−5 000	−68 000
Dividends	0	0	0	0
Net Income	167 000	233 000	92 000	−56 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	21 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	183 000	204 000
Fixtures	136 000	160 000	0	0
Total Tangible Assets	136 000	160 000	183 000	204 000
Total Fiancial Fixed Assets	297 000	131 000	0	0
Total Fixed Assets	434 000	291 000	205 000	225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	57 000	77 000	62 000
Total Current Assets	70 000	57 000	77 000	62 000
Total Assets	504 000	348 000	282 000	287 000
Total Equity	452 000	284 000	277 000	−40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	14 000	0	375 000
Creditors	0	6 000	0	0
Unpaid Taxes	0	10 000	5 000	−48 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	50 000	5 000	−48 000
Total Equity and Debt	504 000	348 000	282 000	287 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,95 %	82,04 %	33,21 %	140 %
Debt-to-Equity Ratio	0,03	0,05	0	−9,38
Operating Profit Margin	34,82 %	55,51 %	34,64 %	−1,17 %
Current Ratio	1,79	1,14	15,4	−1,29
Quick Ratio	1,79	1,14	15,4	−1,29
Equity Ratio	0,9	0,82	0,98	−0,14
Gross Profit Margin	93,52 %	94,85 %	96,79 %	89,15 %