MO DRIFT AS

3512 HØNEFOSS

Finances

Share Ownership

Return on Equity

−16,74 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 367 000	3 281 000	2 445 000	1 739 000
Net Income	−191 000	784 000	317 000	104 000
Total Assets	1 744 000	2 336 000	1 758 000	1 227 000
Total Equity	1 141 000	1 333 000	549 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 367 000	3 281 000	2 445 000	1 739 000
Expenditure	1 505 000	2 402 000	2 041 000	1 614 000
Operating Profit	−137 000	879 000	404 000	126 000
Financial Income	37 000	11 000	5 000	5 000
Financial Costs	0	0	1 000	0
Financial Balance	37 000	11 000	4 000	5 000
Earnings Before Tax	−101 000	890 000	407 000	131 000
Tax	90 000	106 000	90 000	27 000
Net Income	−191 000	784 000	317 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	228 000	286 000	343 000
Total Current Assets	1 573 000	2 107 000	1 472 000	884 000
Total Assets	1 744 000	2 336 000	1 758 000	1 227 000
Total Retained Equity	1 111 000	1 303 000	519 000	202 000
Total Equity	1 141 000	1 333 000	549 000	232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	603 000	1 002 000	1 208 000	995 000
Total Equity and Debt	1 744 000	2 336 000	1 758 000	1 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	544 000	2 366 000	1 620 000	862 000
Other Income	823 000	915 000	824 000	877 000
Revenue	1 367 000	3 281 000	2 445 000	1 739 000
Cost of Goods Sold	20 000	191 000	713 000	143 000
Salary Costs	42 000	55 000	42 000	35 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	1 505 000	2 402 000	2 041 000	1 614 000
Operating Profit	−137 000	879 000	404 000	126 000
Financial Income	37 000	11 000	5 000	5 000
Financial Costs	0	0	1 000	0
Financial Balance	37 000	11 000	4 000	5 000
Dividends	0	0	0	0
Net Income	−191 000	784 000	317 000	104 000

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	8 000	15 000	23 000
Total Tangible Assets	0	8 000	15 000	23 000
Total Fiancial Fixed Assets	171 000	221 000	271 000	321 000
Total Fixed Assets	171 000	228 000	286 000	343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 349 000	2 090 000	810 000	508 000
Total Current Assets	1 573 000	2 107 000	1 472 000	884 000
Total Assets	1 744 000	2 336 000	1 758 000	1 227 000
Total Equity	1 141 000	1 333 000	549 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	82 000	139 000	122 000
Unpaid Taxes	5 000	225 000	121 000	0
Dividends	0	0	0	0
Other Current Debt	566 000	583 000	858 000	862 000
Total Current Debt	603 000	1 002 000	1 208 000	995 000
Total Equity and Debt	1 744 000	2 336 000	1 758 000	1 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,74 %	58,81 %	57,74 %	44,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,02 %	26,79 %	16,52 %	7,25 %
Current Ratio	2,61	2,1	1,22	0,89
Quick Ratio	2,61	2,1	1,22	0,89
Equity Ratio	0,65	0,57	0,31	0,19
Gross Profit Margin	98,54 %	94,18 %	70,84 %	91,78 %