HL DRIFT AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

21,65 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 362 000	7 560 000	5 277 000	4 657 000
Net Income	495 000	253 000	841 000	672 000
Total Assets	5 234 000	3 156 000	3 048 000	2 119 000
Total Equity	2 286 000	1 791 000	1 538 000	897 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 362 000	7 560 000	5 277 000	4 657 000
Expenditure	8 717 000	7 240 000	4 202 000	3 799 000
Operating Profit	645 000	320 000	1 074 000	859 000
Financial Income	7 000	7 000	7 000	4 000
Financial Costs	16 000	1 000	1 000	0
Financial Balance	−9 000	6 000	6 000	4 000
Earnings Before Tax	635 000	325 000	1 080 000	862 000
Tax	140 000	72 000	239 000	190 000
Net Income	495 000	253 000	841 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 300 000	658 000	465 000	277 000
Total Current Assets	3 934 000	2 498 000	2 582 000	1 842 000
Total Assets	5 234 000	3 156 000	3 048 000	2 119 000
Total Retained Equity	2 265 000	1 771 000	1 518 000	877 000
Total Equity	2 286 000	1 791 000	1 538 000	897 000
Total Long-Term Debt	693 000	18 000	18 000	6 000
Total Current Debt	2 255 000	1 346 000	1 491 000	1 216 000
Total Equity and Debt	5 234 000	3 156 000	3 048 000	2 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 292 000	7 559 000	5 265 000	4 657 000
Other Income	70 000	0	12 000	0
Revenue	9 362 000	7 560 000	5 277 000	4 657 000
Cost of Goods Sold	3 619 000	2 795 000	1 368 000	876 000
Salary Costs	3 359 000	2 931 000	1 821 000	2 021 000
Depreciation	125 000	106 000	48 000	30 000
Impairment	0	0	0	0
Expenditure	8 717 000	7 240 000	4 202 000	3 799 000
Operating Profit	645 000	320 000	1 074 000	859 000
Financial Income	7 000	7 000	7 000	4 000
Financial Costs	16 000	1 000	1 000	0
Financial Balance	−9 000	6 000	6 000	4 000
Dividends	0	0	200 000	0
Net Income	495 000	253 000	841 000	672 000

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	230 000	231 000	78 000	90 000
Fixtures	950 000	226 000	287 000	103 000
Total Tangible Assets	1 180 000	457 000	365 000	193 000
Total Fiancial Fixed Assets	121 000	200 000	100 000	84 000
Total Fixed Assets	1 300 000	658 000	465 000	277 000
Stock	49 000	51 000	48 000	0
Total Investments	0	0	0	0
Cash, Bank	868 000	943 000	1 446 000	1 221 000
Total Current Assets	3 934 000	2 498 000	2 582 000	1 842 000
Total Assets	5 234 000	3 156 000	3 048 000	2 119 000
Total Equity	2 286 000	1 791 000	1 538 000	897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	693 000	18 000	18 000	6 000
Creditors	876 000	286 000	256 000	164 000
Unpaid Taxes	514 000	341 000	359 000	349 000
Dividends	0	0	200 000	0
Other Current Debt	750 000	647 000	449 000	515 000
Total Current Debt	2 255 000	1 346 000	1 491 000	1 216 000
Total Equity and Debt	5 234 000	3 156 000	3 048 000	2 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,65 %	14,13 %	54,68 %	74,92 %
Debt-to-Equity Ratio	0,3	0,01	0,01	0,01
Operating Profit Margin	6,89 %	4,23 %	20,35 %	18,45 %
Current Ratio	1,74	1,86	1,73	1,51
Quick Ratio	1,78	1,93	1,79	1,51
Equity Ratio	0,44	0,57	0,5	0,42
Gross Profit Margin	61,34 %	63,03 %	74,08 %	81,19 %