KODEWORKS DRIFT AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

246,96 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 657 000	1 588 000	1 780 000	1 795 000
Net Income	284 000	−400 000	39 000	130 000
Total Assets	890 000	781 000	1 108 000	755 000
Total Equity	115 000	−168 000	232 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 657 000	1 588 000	1 780 000	1 795 000
Expenditure	1 294 000	2 100 000	1 729 000	1 628 000
Operating Profit	364 000	−512 000	51 000	167 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	364 000	−512 000	50 000	167 000
Tax	80 000	−113 000	11 000	37 000
Net Income	284 000	−400 000	39 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	133 000	24 000	0
Total Current Assets	837 000	647 000	1 084 000	755 000
Total Assets	890 000	781 000	1 108 000	755 000
Total Retained Equity	91 000	−193 000	207 000	168 000
Total Equity	115 000	−168 000	232 000	192 000
Total Long-Term Debt	0	0	3 000	1 000
Total Current Debt	775 000	949 000	873 000	562 000
Total Equity and Debt	890 000	781 000	1 108 000	755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 657 000	1 588 000	1 780 000	395 000
Other Income	0	0	0	1 400 000
Revenue	1 657 000	1 588 000	1 780 000	1 795 000
Cost of Goods Sold	0	0	0	0
Salary Costs	271 000	462 000	186 000	229 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 294 000	2 100 000	1 729 000	1 628 000
Operating Profit	364 000	−512 000	51 000	167 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	284 000	−400 000	39 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	109 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	24 000	24 000	24 000	0
Total Fixed Assets	53 000	133 000	24 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	86 000	227 000	331 000
Total Current Assets	837 000	647 000	1 084 000	755 000
Total Assets	890 000	781 000	1 108 000	755 000
Total Equity	115 000	−168 000	232 000	192 000
Short-Term Group Debt	0	0	728 000	0
Total Long-Term Debt	0	0	3 000	1 000
Creditors	713 000	724 000	17 000	485 000
Unpaid Taxes	33 000	17 000	34 000	10 000
Dividends	0	0	0	0
Other Current Debt	30 000	208 000	57 000	30 000
Total Current Debt	775 000	949 000	873 000	562 000
Total Equity and Debt	890 000	781 000	1 108 000	755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	246,96 %	238,1 %	16,81 %	67,71 %
Debt-to-Equity Ratio	0	−0	0,01	0,01
Operating Profit Margin	21,97 %	−32,24 %	2,87 %	9,3 %
Current Ratio	1,08	0,68	1,24	1,34
Quick Ratio	1,08	0,68	1,24	1,34
Equity Ratio	0,13	−0,22	0,21	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %