A.S DRIFT & SERVICE AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

−355,17 %

Current Ratio

1,38

Debt-to-Equity Ratio

18,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 616 000	1 484 000	1 295 000	441 000
Net Income	−103 000	−115 000	103 000	119 000
Total Assets	862 000	1 047 000	950 000	276 000
Total Equity	29 000	132 000	247 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 616 000	1 484 000	1 295 000	441 000
Expenditure	1 706 000	1 599 000	1 157 000	290 000
Operating Profit	−84 000	−116 000	139 000	152 000
Financial Income	3 000	2 000	0	0
Financial Costs	22 000	22 000	6 000	0
Financial Balance	−19 000	−20 000	−6 000	0
Earnings Before Tax	−103 000	−136 000	132 000	152 000
Tax	0	−21 000	29 000	33 000
Net Income	−103 000	−115 000	103 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 000	579 000	489 000	0
Total Current Assets	403 000	468 000	462 000	276 000
Total Assets	862 000	1 047 000	950 000	276 000
Total Retained Equity	−1 000	102 000	217 000	119 000
Total Equity	29 000	132 000	247 000	143 000
Total Long-Term Debt	540 000	625 000	462 000	0
Total Current Debt	293 000	291 000	241 000	133 000
Total Equity and Debt	862 000	1 047 000	950 000	276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 616 000	1 447 000	1 295 000	441 000
Other Income	0	37 000	0	0
Revenue	1 616 000	1 484 000	1 295 000	441 000
Cost of Goods Sold	303 000	313 000	86 000	20 000
Salary Costs	831 000	858 000	568 000	83 000
Depreciation	126 000	71 000	31 000	0
Impairment	0	0	0	0
Expenditure	1 706 000	1 599 000	1 157 000	290 000
Operating Profit	−84 000	−116 000	139 000	152 000
Financial Income	3 000	2 000	0	0
Financial Costs	22 000	22 000	6 000	0
Financial Balance	−19 000	−20 000	−6 000	0
Dividends	0	0	0	0
Net Income	−103 000	−115 000	103 000	119 000

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	453 000	579 000	489 000	0
Total Tangible Assets	453 000	579 000	489 000	0
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	459 000	579 000	489 000	0
Stock	59 000	54 000	74 000	0
Total Investments	0	0	0	0
Cash, Bank	194 000	248 000	187 000	128 000
Total Current Assets	403 000	468 000	462 000	276 000
Total Assets	862 000	1 047 000	950 000	276 000
Total Equity	29 000	132 000	247 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	540 000	625 000	462 000	0
Creditors	80 000	62 000	45 000	13 000
Unpaid Taxes	109 000	111 000	129 000	79 000
Dividends	0	0	0	0
Other Current Debt	105 000	119 000	59 000	8 000
Total Current Debt	293 000	291 000	241 000	133 000
Total Equity and Debt	862 000	1 047 000	950 000	276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−355,17 %	−87,12 %	41,7 %	83,22 %
Debt-to-Equity Ratio	18,62	4,73	1,87	0
Operating Profit Margin	−5,2 %	−7,82 %	10,73 %	34,47 %
Current Ratio	1,38	1,61	1,92	2,08
Quick Ratio	1,72	1,97	2,77	2,08
Equity Ratio	0,03	0,13	0,26	0,52
Gross Profit Margin	81,25 %	78,91 %	93,36 %	95,46 %