DRONE AS

1365 BLOMMENHOLM

Finances

Share Ownership

Return on Equity

25,06 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 497 000	772 000	678 000	446 000
Net Income	98 000	137 000	72 000	83 000
Total Assets	601 000	346 000	277 000	198 000
Total Equity	391 000	292 000	155 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 497 000	772 000	678 000	446 000
Expenditure	1 351 000	581 000	594 000	331 000
Operating Profit	147 000	192 000	84 000	116 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	0	0
Financial Balance	−1 000	−6 000	0	0
Earnings Before Tax	146 000	186 000	84 000	115 000
Tax	48 000	49 000	12 000	32 000
Net Income	98 000	137 000	72 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	107 000	16 000	0
Total Current Assets	465 000	239 000	261 000	198 000
Total Assets	601 000	346 000	277 000	198 000
Total Retained Equity	366 000	268 000	131 000	59 000
Total Equity	391 000	292 000	155 000	83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	211 000	53 000	122 000	114 000
Total Equity and Debt	601 000	346 000	277 000	198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 497 000	772 000	678 000	433 000
Other Income	0	0	0	14 000
Revenue	1 497 000	772 000	678 000	446 000
Cost of Goods Sold	437 000	212 000	455 000	154 000
Salary Costs	2 000	1 000	0	0
Depreciation	38 000	12 000	0	14 000
Impairment	0	0	0	0
Expenditure	1 351 000	581 000	594 000	331 000
Operating Profit	147 000	192 000	84 000	116 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	0	0
Financial Balance	−1 000	−6 000	0	0
Dividends	0	0	0	0
Net Income	98 000	137 000	72 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	93 000	0	0
Total Tangible Assets	122 000	93 000	0	0
Total Fiancial Fixed Assets	14 000	14 000	14 000	0
Total Fixed Assets	136 000	107 000	16 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	401 000	193 000	74 000	118 000
Total Current Assets	465 000	239 000	261 000	198 000
Total Assets	601 000	346 000	277 000	198 000
Total Equity	391 000	292 000	155 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	156 000	6 000	61 000	73 000
Unpaid Taxes	5 000	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	47 000	19 000
Total Current Debt	211 000	53 000	122 000	114 000
Total Equity and Debt	601 000	346 000	277 000	198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,06 %	46,92 %	46,45 %	100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,82 %	24,87 %	12,39 %	26,01 %
Current Ratio	2,2	4,51	2,14	1,74
Quick Ratio	2,2	4,51	2,14	1,74
Equity Ratio	0,65	0,84	0,56	0,42
Gross Profit Margin	70,81 %	72,54 %	32,89 %	65,47 %