DROPTECH AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

10 %

Current Ratio

3,61

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 045 000	686 000	591 000	400 000
Net Income	12 000	109 000	24 000	−49 000
Total Assets	476 000	187 000	102 000	53 000
Total Equity	120 000	107 000	−2 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 045 000	686 000	591 000	400 000
Expenditure	1 028 000	554 000	568 000	449 000
Operating Profit	16 000	131 000	24 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	16 000	131 000	24 000	−49 000
Tax	4 000	21 000	0	0
Net Income	12 000	109 000	24 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	96 000	36 000	16 000
Total Current Assets	415 000	91 000	66 000	38 000
Total Assets	476 000	187 000	102 000	53 000
Total Retained Equity	90 000	77 000	−26 000	−49 000
Total Equity	120 000	107 000	−2 000	−26 000
Total Long-Term Debt	241 000	110 000	110 000	0
Total Current Debt	115 000	−31 000	−6 000	79 000
Total Equity and Debt	476 000	187 000	102 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	795 000	288 000	0	0
Other Income	250 000	397 000	591 000	400 000
Revenue	1 045 000	686 000	591 000	400 000
Cost of Goods Sold	767 000	180 000	0	0
Salary Costs	21 000	19 000	87 000	153 000
Depreciation	35 000	14 000	8 000	0
Impairment	0	0	0	0
Expenditure	1 028 000	554 000	568 000	449 000
Operating Profit	16 000	131 000	24 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	12 000	109 000	24 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	14 000	15 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	81 000	21 000	0
Total Tangible Assets	47 000	81 000	21 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 000	96 000	36 000	16 000
Stock	24 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	78 000	52 000	24 000
Total Current Assets	415 000	91 000	66 000	38 000
Total Assets	476 000	187 000	102 000	53 000
Total Equity	120 000	107 000	−2 000	−26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	110 000	110 000	0
Creditors	0	0	0	5 000
Unpaid Taxes	108 000	−43 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	−6 000	66 000
Total Current Debt	115 000	−31 000	−6 000	79 000
Total Equity and Debt	476 000	187 000	102 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10 %	101,87 %	−1 200 %	188,46 %
Debt-to-Equity Ratio	2,01	1,03	−55	−0
Operating Profit Margin	1,53 %	19,1 %	4,06 %	−12,25 %
Current Ratio	3,61	−2,94	−11	0,48
Quick Ratio	4,56	−2,94	−11	0,48
Equity Ratio	0,25	0,57	−0,02	−0,49
Gross Profit Margin	26,6 %	73,76 %	100 %	100 %