KVS DRIFT AS

4580 LYNGDAL

Finances

Return on Equity

19,81 %

Current Ratio

1,7

Debt-to-Equity Ratio

12,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 607 000	17 028 000	13 386 000	10 559 000
Net Income	164 000	420 000	−118 000	193 000
Total Assets	14 145 000	13 744 000	12 380 000	12 416 000
Total Equity	828 000	664 000	244 000	362 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 607 000	17 028 000	13 386 000	10 559 000
Expenditure	20 972 000	16 040 000	13 092 000	9 948 000
Operating Profit	635 000	988 000	294 000	611 000
Financial Income	26 000	1 000	5 000	15 000
Financial Costs	450 000	450 000	451 000	367 000
Financial Balance	−424 000	−449 000	−446 000	−352 000
Earnings Before Tax	210 000	539 000	−152 000	259 000
Tax	46 000	119 000	−33 000	66 000
Net Income	164 000	420 000	−118 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 827 000	8 898 000	9 088 000	9 410 000
Total Current Assets	5 318 000	4 846 000	3 292 000	3 006 000
Total Assets	14 145 000	13 744 000	12 380 000	12 416 000
Total Retained Equity	728 000	564 000	144 000	262 000
Total Equity	828 000	664 000	244 000	362 000
Total Long-Term Debt	10 197 000	10 151 000	10 032 000	9 716 000
Total Current Debt	3 120 000	2 929 000	2 104 000	2 339 000
Total Equity and Debt	14 145 000	13 744 000	12 380 000	12 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 442 000	13 566 000	10 389 000	6 945 000
Other Income	4 165 000	3 462 000	2 997 000	3 613 000
Revenue	21 607 000	17 028 000	13 386 000	10 559 000
Cost of Goods Sold	1 013 000	738 000	701 000	887 000
Salary Costs	17 107 000	13 442 000	10 717 000	7 040 000
Depreciation	357 000	337 000	323 000	323 000
Impairment	0	0	0	0
Expenditure	20 972 000	16 040 000	13 092 000	9 948 000
Operating Profit	635 000	988 000	294 000	611 000
Financial Income	26 000	1 000	5 000	15 000
Financial Costs	450 000	450 000	451 000	367 000
Financial Balance	−424 000	−449 000	−446 000	−352 000
Dividends	0	0	0	0
Net Income	164 000	420 000	−118 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 284 000	8 452 000	8 722 000	8 993 000
Machinery and Plant Facilities	210 000	133 000	0	0
Fixtures	303 000	283 000	335 000	388 000
Total Tangible Assets	8 797 000	8 868 000	9 058 000	9 380 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	8 827 000	8 898 000	9 088 000	9 410 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	954 000	1 393 000	824 000	888 000
Total Current Assets	5 318 000	4 846 000	3 292 000	3 006 000
Total Assets	14 145 000	13 744 000	12 380 000	12 416 000
Total Equity	828 000	664 000	244 000	362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 197 000	10 151 000	10 032 000	9 716 000
Creditors	452 000	248 000	83 000	284 000
Unpaid Taxes	1 628 000	1 400 000	978 000	845 000
Dividends	0	0	0	0
Other Current Debt	1 040 000	1 282 000	1 042 000	1 209 000
Total Current Debt	3 120 000	2 929 000	2 104 000	2 339 000
Total Equity and Debt	14 145 000	13 744 000	12 380 000	12 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,81 %	63,25 %	−48,36 %	53,31 %
Debt-to-Equity Ratio	12,32	15,29	41,11	26,84
Operating Profit Margin	2,94 %	5,8 %	2,2 %	5,79 %
Current Ratio	1,7	1,65	1,56	1,29
Quick Ratio	1,7	1,65	1,56	1,29
Equity Ratio	0,06	0,05	0,02	0,03
Gross Profit Margin	95,31 %	95,67 %	94,76 %	91,6 %