DRIVECLUB NORGE AS

4051 SOLA

Finances

Share Ownership

Return on Equity

−134,74 %

Current Ratio

151

Debt-to-Equity Ratio

25,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	618 000	114 000	428 000	69 000
Net Income	−640 000	−575 000	20 000	−1 000
Total Assets	12 653 000	1 727 000	1 775 000	189 000
Total Equity	475 000	413 000	208 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	618 000	114 000	428 000	69 000
Expenditure	1 464 000	849 000	409 000	73 000
Operating Profit	−845 000	−734 000	19 000	−4 000
Financial Income	42 000	1 000	6 000	3 000
Financial Costs	17 000	3 000	0	0
Financial Balance	25 000	−2 000	6 000	3 000
Earnings Before Tax	−821 000	−737 000	25 000	−1 000
Tax	−181 000	−162 000	5 000	0
Net Income	−640 000	−575 000	20 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 502 000	1 559 000	1 224 000	147 000
Total Current Assets	151 000	169 000	551 000	42 000
Total Assets	12 653 000	1 727 000	1 775 000	189 000
Total Retained Equity	−1 196 000	−556 000	18 000	−1 000
Total Equity	475 000	413 000	208 000	188 000
Total Long-Term Debt	12 177 000	1 097 000	1 475 000	0
Total Current Debt	1 000	218 000	92 000	1 000
Total Equity and Debt	12 653 000	1 727 000	1 775 000	189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	114 000	428 000	69 000
Other Income	0	0	0	0
Revenue	618 000	114 000	428 000	69 000
Cost of Goods Sold	655 000	267 000	247 000	0
Salary Costs	0	0	85 000	0
Depreciation	126 000	104 000	23 000	0
Impairment	0	0	0	0
Expenditure	1 464 000	849 000	409 000	73 000
Operating Profit	−845 000	−734 000	19 000	−4 000
Financial Income	42 000	1 000	6 000	3 000
Financial Costs	17 000	3 000	0	0
Financial Balance	25 000	−2 000	6 000	3 000
Dividends	0	0	0	0
Net Income	−640 000	−575 000	20 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 864 000	1 011 000	677 000	0
Total Tangible Assets	9 864 000	1 011 000	677 000	0
Total Fiancial Fixed Assets	2 638 000	547 000	547 000	147 000
Total Fixed Assets	12 502 000	1 559 000	1 224 000	147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	3 000	129 000	17 000
Total Current Assets	151 000	169 000	551 000	42 000
Total Assets	12 653 000	1 727 000	1 775 000	189 000
Total Equity	475 000	413 000	208 000	188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 177 000	1 097 000	1 475 000	0
Creditors	1 000	214 000	79 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	13 000	0
Total Current Debt	1 000	218 000	92 000	1 000
Total Equity and Debt	12 653 000	1 727 000	1 775 000	189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−134,74 %	−139,23 %	9,62 %	−0,53 %
Debt-to-Equity Ratio	25,64	2,66	7,09	0
Operating Profit Margin	−136,73 %	−643,86 %	4,44 %	−5,8 %
Current Ratio	151	0,78	5,99	42
Quick Ratio	151	0,78	5,99	42
Equity Ratio	0,04	0,24	0,12	0,99
Gross Profit Margin	−5,99 %	−134,21 %	42,29 %	100 %