BT DRIFT AS

4043 HAFRSFJORD

Finances

Share Ownership

Return on Equity

20,05 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2020	2019	2018	2017
Revenue	2 779 000	5 627 000	8 368 000	844 000
Net Income	−322 000	−1 442 000	417 000	141 000
Total Assets	811 000	2 191 000	2 150 000	1 298 000
Total Equity	−1 606 000	−1 284 000	158 000	241 000

Income (NOK)	2020	2019	2018	2017
Revenue	2 779 000	5 627 000	8 368 000	844 000
Expenditure	2 959 000	7 007 000	7 793 000	658 000
Operating Profit	−180 000	−1 380 000	575 000	185 000
Financial Income	0	0	0	0
Financial Costs	142 000	87 000	35 000	0
Financial Balance	−142 000	−87 000	−35 000	0
Earnings Before Tax	−322 000	−1 467 000	540 000	185 000
Tax	0	−24 000	123 000	44 000
Net Income	−322 000	−1 442 000	417 000	141 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	689 000	1 491 000	587 000	429 000
Total Current Assets	122 000	701 000	1 563 000	869 000
Total Assets	811 000	2 191 000	2 150 000	1 298 000
Total Retained Equity	−1 706 000	−1 384 000	58 000	141 000
Total Equity	−1 606 000	−1 284 000	158 000	241 000
Total Long-Term Debt	708 000	1 443 000	228 000	14 000
Total Current Debt	1 709 000	2 033 000	1 764 000	1 043 000
Total Equity and Debt	811 000	2 191 000	2 150 000	1 298 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	2 640 000	5 344 000	8 128 000	844 000
Other Income	139 000	283 000	240 000	0
Revenue	2 779 000	5 627 000	8 368 000	844 000
Cost of Goods Sold	1 437 000	3 246 000	4 550 000	603 000
Salary Costs	425 000	2 618 000	2 385 000	6 000
Depreciation	292 000	245 000	45 000	0
Impairment	0	0	0	0
Expenditure	2 959 000	7 007 000	7 793 000	658 000
Operating Profit	−180 000	−1 380 000	575 000	185 000
Financial Income	0	0	0	0
Financial Costs	142 000	87 000	35 000	0
Financial Balance	−142 000	−87 000	−35 000	0
Dividends	0	0	500 000	0
Net Income	−322 000	−1 442 000	417 000	141 000

Balance details (NOK)	2020	2019	2018	2017
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	689 000	1 356 000	452 000	294 000
Total Tangible Assets	689 000	1 356 000	452 000	294 000
Total Fiancial Fixed Assets	0	135 000	135 000	135 000
Total Fixed Assets	689 000	1 491 000	587 000	429 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	48 000	134 000	115 000
Total Current Assets	122 000	701 000	1 563 000	869 000
Total Assets	811 000	2 191 000	2 150 000	1 298 000
Total Equity	−1 606 000	−1 284 000	158 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	708 000	1 443 000	228 000	14 000
Creditors	1 188 000	1 061 000	438 000	59 000
Unpaid Taxes	164 000	683 000	347 000	112 000
Dividends	0	0	500 000	0
Other Current Debt	358 000	205 000	866 000	842 000
Total Current Debt	1 709 000	2 033 000	1 764 000	1 043 000
Total Equity and Debt	811 000	2 191 000	2 150 000	1 298 000

Financial indicators	2020	2019	2018	2017
Return on Equity	20,05 %	112,31 %	263,92 %	58,51 %
Debt-to-Equity Ratio	−0,44	−1,12	1,44	0,06
Operating Profit Margin	−6,48 %	−24,52 %	6,87 %	21,92 %
Current Ratio	0,07	0,34	0,89	0,83
Quick Ratio	0,07	0,34	0,89	0,83
Equity Ratio	−1,98	−0,59	0,07	0,19
Gross Profit Margin	48,29 %	42,31 %	45,63 %	28,55 %