GLITRA DRIFT AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−79,03 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 514 000	7 130 000	755 000	0
Net Income	−23 964 000	−3 452 000	−1 058 000	−7 000
Total Assets	70 026 000	12 819 000	8 132 000	293 000
Total Equity	30 321 000	4 984 000	2 235 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 514 000	7 130 000	755 000	0
Expenditure	90 129 000	11 408 000	2 085 000	7 000
Operating Profit	−32 615 000	−4 279 000	−1 329 000	−7 000
Financial Income	13 677 000	0	0	0
Financial Costs	2 464 000	146 000	30 000	0
Financial Balance	11 213 000	−146 000	−30 000	0
Earnings Before Tax	−21 402 000	−4 424 000	−1 358 000	−7 000
Tax	2 562 000	−972 000	−300 000	0
Net Income	−23 964 000	−3 452 000	−1 058 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 610 000	6 389 000	3 621 000	0
Total Current Assets	15 416 000	6 430 000	4 511 000	293 000
Total Assets	70 026 000	12 819 000	8 132 000	293 000
Total Retained Equity	0	−4 516 000	−1 065 000	−7 000
Total Equity	30 321 000	4 984 000	2 235 000	293 000
Total Long-Term Debt	28 608 000	5 347 000	5 000 000	0
Total Current Debt	11 097 000	2 488 000	897 000	0
Total Equity and Debt	70 026 000	12 819 000	8 132 000	293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 915 000	7 129 000	755 000	0
Other Income	599 000	1 000	0	0
Revenue	57 514 000	7 130 000	755 000	0
Cost of Goods Sold	16 695 000	4 007 000	531 000	0
Salary Costs	10 554 000	1 463 000	478 000	0
Depreciation	9 060 000	546 000	37 000	0
Impairment	0	0	0	0
Expenditure	90 129 000	11 408 000	2 085 000	7 000
Operating Profit	−32 615 000	−4 279 000	−1 329 000	−7 000
Financial Income	13 677 000	0	0	0
Financial Costs	2 464 000	146 000	30 000	0
Financial Balance	11 213 000	−146 000	−30 000	0
Dividends	2 200 000	0	0	0
Net Income	−23 964 000	−3 452 000	−1 058 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 998 000	2 014 000	1 231 000	0
Real Eastate	0	495 000	1 079 000	0
Machinery and Plant Facilities	47 862 000	0	79 000	0
Fixtures	1 776 000	3 702 000	1 231 000	0
Total Tangible Assets	49 638 000	4 197 000	2 389 000	0
Total Fiancial Fixed Assets	1 974 000	178 000	0	0
Total Fixed Assets	54 610 000	6 389 000	3 621 000	0
Stock	568 000	35 000	353 000	0
Total Investments	0	0	0	0
Cash, Bank	2 505 000	5 552 000	3 458 000	293 000
Total Current Assets	15 416 000	6 430 000	4 511 000	293 000
Total Assets	70 026 000	12 819 000	8 132 000	293 000
Total Equity	30 321 000	4 984 000	2 235 000	293 000
Short-Term Group Debt	0	800 000	0	0
Total Long-Term Debt	28 608 000	5 347 000	5 000 000	0
Creditors	6 087 000	1 166 000	1 502 000	0
Unpaid Taxes	498 000	133 000	−657 000	0
Dividends	2 200 000	0	0	0
Other Current Debt	4 512 000	390 000	51 000	0
Total Current Debt	11 097 000	2 488 000	897 000	0
Total Equity and Debt	70 026 000	12 819 000	8 132 000	293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,03 %	−69,26 %	−47,34 %	−2,39 %
Debt-to-Equity Ratio	0,94	1,07	2,24	0
Operating Profit Margin	−56,71 %	−60,01 %	−176,03 %	-
Current Ratio	1,39	2,58	5,03	-
Quick Ratio	1,46	2,62	8,29	-
Equity Ratio	0,43	0,39	0,27	1
Gross Profit Margin	70,97 %	43,8 %	29,67 %	-