DRIFT H91 AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

−7,97 %

Current Ratio

1,45

Debt-to-Equity Ratio

−8,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	988 000	−100 000	1 710 000	1 298 000
Net Income	58 000	−275 000	−301 000	−221 000
Total Assets	5 630 000	6 751 000	1 116 000	1 864 000
Total Equity	−728 000	−786 000	−511 000	−210 000

Income (NOK)	2022	2021	2020	2019
Revenue	988 000	−100 000	1 710 000	1 298 000
Expenditure	928 000	157 000	1 916 000	1 418 000
Operating Profit	60 000	−257 000	−206 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	18 000	95 000	101 000
Financial Balance	−2 000	−18 000	−95 000	−101 000
Earnings Before Tax	58 000	−275 000	−301 000	−221 000
Tax	0	0	0	0
Net Income	58 000	−275 000	−301 000	−221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 257 000	5 300 000	1 251 000	1 369 000
Total Current Assets	374 000	1 451 000	−135 000	495 000
Total Assets	5 630 000	6 751 000	1 116 000	1 864 000
Total Retained Equity	−752 000	−810 000	−535 000	−235 000
Total Equity	−728 000	−786 000	−511 000	−210 000
Total Long-Term Debt	6 100 000	5 800 000	1 433 000	1 597 000
Total Current Debt	258 000	1 737 000	193 000	477 000
Total Equity and Debt	5 630 000	6 751 000	1 116 000	1 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	988 000	121 000	1 710 000	1 298 000
Other Income	0	−221 000	0	0
Revenue	988 000	−100 000	1 710 000	1 298 000
Cost of Goods Sold	10 000	94 000	1 688 000	1 242 000
Salary Costs	229 000	0	0	0
Depreciation	181 000	0	118 000	95 000
Impairment	0	0	0	0
Expenditure	928 000	157 000	1 916 000	1 418 000
Operating Profit	60 000	−257 000	−206 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	18 000	95 000	101 000
Financial Balance	−2 000	−18 000	−95 000	−101 000
Dividends	0	0	0	0
Net Income	58 000	−275 000	−301 000	−221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	664 000	711 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	0	389 000	437 000
Total Tangible Assets	5 257 000	5 300 000	1 053 000	1 148 000
Total Fiancial Fixed Assets	0	0	197 000	221 000
Total Fixed Assets	5 257 000	5 300 000	1 251 000	1 369 000
Stock	0	0	94 000	111 000
Total Investments	0	0	0	0
Cash, Bank	135 000	100 000	−241 000	85 000
Total Current Assets	374 000	1 451 000	−135 000	495 000
Total Assets	5 630 000	6 751 000	1 116 000	1 864 000
Total Equity	−728 000	−786 000	−511 000	−210 000
Short-Term Group Debt	0	400 000	0	0
Total Long-Term Debt	6 100 000	5 800 000	1 433 000	1 597 000
Creditors	218 000	1 316 000	91 000	86 000
Unpaid Taxes	3 000	0	16 000	0
Dividends	0	0	0	0
Other Current Debt	38 000	20 000	86 000	391 000
Total Current Debt	258 000	1 737 000	193 000	477 000
Total Equity and Debt	5 630 000	6 751 000	1 116 000	1 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,97 %	34,99 %	58,9 %	105,24 %
Debt-to-Equity Ratio	−8,38	−7,38	−2,8	−7,6
Operating Profit Margin	6,07 %	257 %	−12,05 %	−9,32 %
Current Ratio	1,45	0,84	−0,7	1,04
Quick Ratio	1,45	0,84	−1,36	1,35
Equity Ratio	−0,13	−0,12	−0,46	−0,11
Gross Profit Margin	98,99 %	194 %	1,29 %	4,31 %