E & O DRIFT AS

3618 SKOLLENBORG

Finances

Share Ownership

Return on Equity

34,77 %

Current Ratio

0,22

Debt-to-Equity Ratio

−1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	713 000	578 000	534 000
Net Income	−97 000	52 000	−108 000	−151 000
Total Assets	1 051 000	1 250 000	1 222 000	1 574 000
Total Equity	−279 000	−181 000	−233 000	−125 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	713 000	578 000	534 000
Expenditure	633 000	618 000	674 000	654 000
Operating Profit	−81 000	94 000	−96 000	−120 000
Financial Income	0	0	0	0
Financial Costs	44 000	28 000	42 000	73 000
Financial Balance	−44 000	−28 000	−42 000	−73 000
Earnings Before Tax	−125 000	66 000	−138 000	−193 000
Tax	−27 000	15 000	−30 000	−42 000
Net Income	−97 000	52 000	−108 000	−151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	840 000	1 074 000	1 067 000	1 387 000
Total Current Assets	211 000	176 000	155 000	187 000
Total Assets	1 051 000	1 250 000	1 222 000	1 574 000
Total Retained Equity	−300 000	−203 000	−254 000	−147 000
Total Equity	−279 000	−181 000	−233 000	−125 000
Total Long-Term Debt	356 000	496 000	738 000	850 000
Total Current Debt	974 000	935 000	718 000	850 000
Total Equity and Debt	1 051 000	1 250 000	1 222 000	1 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	504 000	549 000	530 000	293 000
Other Income	48 000	163 000	48 000	241 000
Revenue	552 000	713 000	578 000	534 000
Cost of Goods Sold	0	1 000	36 000	12 000
Salary Costs	0	12 000	0	5 000
Depreciation	299 000	276 000	350 000	344 000
Impairment	0	0	0	0
Expenditure	633 000	618 000	674 000	654 000
Operating Profit	−81 000	94 000	−96 000	−120 000
Financial Income	0	0	0	0
Financial Costs	44 000	28 000	42 000	73 000
Financial Balance	−44 000	−28 000	−42 000	−73 000
Dividends	0	0	0	0
Net Income	−97 000	52 000	−108 000	−151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 000	60 000	74 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	753 000	1 014 000	993 000	1 343 000
Fixtures	0	0	0	0
Total Tangible Assets	753 000	1 014 000	993 000	1 343 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	840 000	1 074 000	1 067 000	1 387 000
Stock	0	0	0	8 000
Total Investments	0	0	0	0
Cash, Bank	26 000	21 000	42 000	22 000
Total Current Assets	211 000	176 000	155 000	187 000
Total Assets	1 051 000	1 250 000	1 222 000	1 574 000
Total Equity	−279 000	−181 000	−233 000	−125 000
Short-Term Group Debt	898 000	691 000	691 000	801 000
Total Long-Term Debt	356 000	496 000	738 000	850 000
Creditors	20 000	245 000	−9 000	6 000
Unpaid Taxes	52 000	−4 000	30 000	36 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	6 000	6 000
Total Current Debt	974 000	935 000	718 000	850 000
Total Equity and Debt	1 051 000	1 250 000	1 222 000	1 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,77 %	−28,73 %	46,35 %	120,8 %
Debt-to-Equity Ratio	−1,28	−2,74	−3,17	−6,8
Operating Profit Margin	−14,67 %	13,18 %	−16,61 %	−22,47 %
Current Ratio	0,22	0,19	0,22	0,22
Quick Ratio	0,22	0,19	0,22	0,22
Equity Ratio	−0,27	−0,14	−0,19	−0,08
Gross Profit Margin	100 %	99,86 %	93,77 %	97,75 %