CFC DRIVE AS

7061 TRONDHEIM

Finances

Share Ownership

Return on Equity

945,59 %

Current Ratio

1,76

Debt-to-Equity Ratio

−75,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	502 000	300 000	1 812 000	3 248 000
Net Income	−643 000	−1 557 000	−1 763 000	−2 292 000
Total Assets	6 541 000	757 000	4 884 000	6 701 000
Total Equity	−68 000	575 000	−1 058 000	−1 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	502 000	300 000	1 812 000	3 248 000
Expenditure	1 318 000	2 276 000	3 903 000	5 417 000
Operating Profit	−816 000	−1 976 000	−2 091 000	−2 170 000
Financial Income	0	0	0	0
Financial Costs	9 000	20 000	170 000	769 000
Financial Balance	−9 000	−20 000	−170 000	−769 000
Earnings Before Tax	−825 000	−1 996 000	−2 261 000	−2 938 000
Tax	−181 000	−439 000	−497 000	−646 000
Net Income	−643 000	−1 557 000	−1 763 000	−2 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 962 000	741 000	1 477 000	1 879 000
Total Current Assets	2 579 000	16 000	3 407 000	4 823 000
Total Assets	6 541 000	757 000	4 884 000	6 701 000
Total Retained Equity	−3 288 000	−2 645 000	−1 088 000	−1 875 000
Total Equity	−68 000	575 000	−1 058 000	−1 845 000
Total Long-Term Debt	5 144 000	142 000	5 517 000	6 727 000
Total Current Debt	1 465 000	41 000	426 000	1 819 000
Total Equity and Debt	6 541 000	757 000	4 884 000	6 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	487 000	0	1 812 000	3 248 000
Other Income	15 000	300 000	0	0
Revenue	502 000	300 000	1 812 000	3 248 000
Cost of Goods Sold	29 000	52 000	933 000	1 598 000
Salary Costs	518 000	3 000	1 189 000	1 711 000
Depreciation	160 000	175 000	180 000	180 000
Impairment	0	0	0	0
Expenditure	1 318 000	2 276 000	3 903 000	5 417 000
Operating Profit	−816 000	−1 976 000	−2 091 000	−2 170 000
Financial Income	0	0	0	0
Financial Costs	9 000	20 000	170 000	769 000
Financial Balance	−9 000	−20 000	−170 000	−769 000
Dividends	0	0	0	0
Net Income	−643 000	−1 557 000	−1 763 000	−2 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	922 000	741 000	302 000	524 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 040 000	0	0	0
Fixtures	0	0	1 175 000	1 355 000
Total Tangible Assets	3 040 000	0	1 175 000	1 355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 962 000	741 000	1 477 000	1 879 000
Stock	0	0	52 000	70 000
Total Investments	0	0	0	0
Cash, Bank	2 050 000	4 000	73 000	115 000
Total Current Assets	2 579 000	16 000	3 407 000	4 823 000
Total Assets	6 541 000	757 000	4 884 000	6 701 000
Total Equity	−68 000	575 000	−1 058 000	−1 845 000
Short-Term Group Debt	0	0	0	74 000
Total Long-Term Debt	5 144 000	142 000	5 517 000	6 727 000
Creditors	351 000	34 000	98 000	1 429 000
Unpaid Taxes	144 000	0	41 000	77 000
Dividends	0	0	0	0
Other Current Debt	971 000	7 000	286 000	239 000
Total Current Debt	1 465 000	41 000	426 000	1 819 000
Total Equity and Debt	6 541 000	757 000	4 884 000	6 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	945,59 %	−270,78 %	166,64 %	124,23 %
Debt-to-Equity Ratio	−75,65	0,25	−5,21	−3,65
Operating Profit Margin	−162,55 %	−658,67 %	−115,4 %	−66,81 %
Current Ratio	1,76	0,39	8	2,65
Quick Ratio	1,76	0,39	9,11	2,76
Equity Ratio	−0,01	0,76	−0,22	−0,28
Gross Profit Margin	94,22 %	82,67 %	48,51 %	50,8 %