DRIFT TEK AS

3172 VEAR

Finances

Share Ownership

Return on Equity

65,69 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 418 000	1 042 000	2 516 000	3 925 000
Net Income	180 000	−66 000	−81 000	196 000
Total Assets	1 036 000	343 000	468 000	1 056 000
Total Equity	274 000	94 000	160 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 418 000	1 042 000	2 516 000	3 925 000
Expenditure	3 207 000	1 113 000	2 622 000	3 671 000
Operating Profit	211 000	−70 000	−106 000	254 000
Financial Income	4 000	4 000	3 000	2 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	2 000	4 000	2 000	1 000
Earnings Before Tax	212 000	−67 000	−104 000	255 000
Tax	33 000	0	−23 000	59 000
Net Income	180 000	−66 000	−81 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	51 000	95 000	70 000
Total Current Assets	800 000	292 000	373 000	986 000
Total Assets	1 036 000	343 000	468 000	1 056 000
Total Retained Equity	244 000	64 000	130 000	211 000
Total Equity	274 000	94 000	160 000	241 000
Total Long-Term Debt	121 000	0	0	2 000
Total Current Debt	642 000	249 000	308 000	813 000
Total Equity and Debt	1 036 000	343 000	468 000	1 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 418 000	1 003 000	2 440 000	3 911 000
Other Income	0	39 000	77 000	14 000
Revenue	3 418 000	1 042 000	2 516 000	3 925 000
Cost of Goods Sold	1 007 000	167 000	652 000	843 000
Salary Costs	1 681 000	557 000	1 472 000	2 300 000
Depreciation	45 000	19 000	19 000	6 000
Impairment	0	0	0	0
Expenditure	3 207 000	1 113 000	2 622 000	3 671 000
Operating Profit	211 000	−70 000	−106 000	254 000
Financial Income	4 000	4 000	3 000	2 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	2 000	4 000	2 000	1 000
Dividends	0	0	0	0
Net Income	180 000	−66 000	−81 000	196 000

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	217 000	51 000	69 000	29 000
Total Tangible Assets	217 000	51 000	69 000	29 000
Total Fiancial Fixed Assets	20 000	0	25 000	41 000
Total Fixed Assets	237 000	51 000	95 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	137 000	114 000	564 000
Total Current Assets	800 000	292 000	373 000	986 000
Total Assets	1 036 000	343 000	468 000	1 056 000
Total Equity	274 000	94 000	160 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	0	0	2 000
Creditors	183 000	68 000	36 000	22 000
Unpaid Taxes	249 000	84 000	39 000	274 000
Dividends	0	0	0	0
Other Current Debt	180 000	98 000	233 000	460 000
Total Current Debt	642 000	249 000	308 000	813 000
Total Equity and Debt	1 036 000	343 000	468 000	1 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,69 %	−70,21 %	−50,63 %	81,33 %
Debt-to-Equity Ratio	0,44	0	0	0,01
Operating Profit Margin	6,17 %	−6,72 %	−4,21 %	6,47 %
Current Ratio	1,25	1,17	1,21	1,21
Quick Ratio	1,25	1,17	1,21	1,21
Equity Ratio	0,26	0,27	0,34	0,23
Gross Profit Margin	70,54 %	83,97 %	74,09 %	78,52 %