KC DRIFT AS

3960 STATHELLE

Finances

Share Ownership

Return on Equity

38,78 %

Current Ratio

1,61

Debt-to-Equity Ratio

8,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	745 000	395 000	255 000	25 000
Net Income	19 000	6 000	−12 000	12 000
Total Assets	501 000	272 000	316 000	53 000
Total Equity	49 000	30 000	24 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	745 000	395 000	255 000	25 000
Expenditure	688 000	381 000	267 000	12 000
Operating Profit	56 000	13 000	−12 000	13 000
Financial Income	0	0	0	0
Financial Costs	23 000	7 000	1 000	0
Financial Balance	−23 000	−7 000	−1 000	0
Earnings Before Tax	34 000	6 000	−14 000	13 000
Tax	15 000	0	−2 000	2 000
Net Income	19 000	6 000	−12 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	191 000	242 000	0
Total Current Assets	79 000	80 000	74 000	53 000
Total Assets	501 000	272 000	316 000	53 000
Total Retained Equity	19 000	0	−6 000	6 000
Total Equity	49 000	30 000	24 000	36 000
Total Long-Term Debt	402 000	202 000	251 000	0
Total Current Debt	49 000	40 000	41 000	17 000
Total Equity and Debt	501 000	272 000	316 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	681 000	395 000	255 000	25 000
Other Income	64 000	0	0	0
Revenue	745 000	395 000	255 000	25 000
Cost of Goods Sold	0	0	0	0
Salary Costs	191 000	107 000	74 000	0
Depreciation	74 000	51 000	13 000	0
Impairment	0	0	0	0
Expenditure	688 000	381 000	267 000	12 000
Operating Profit	56 000	13 000	−12 000	13 000
Financial Income	0	0	0	0
Financial Costs	23 000	7 000	1 000	0
Financial Balance	−23 000	−7 000	−1 000	0
Dividends	0	0	0	0
Net Income	19 000	6 000	−12 000	12 000

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	191 000	0	0
Fixtures	422 000	0	242 000	0
Total Tangible Assets	422 000	191 000	242 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	422 000	191 000	242 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	25 000	36 000	32 000
Total Current Assets	79 000	80 000	74 000	53 000
Total Assets	501 000	272 000	316 000	53 000
Total Equity	49 000	30 000	24 000	36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	402 000	202 000	251 000	0
Creditors	0	0	2 000	16 000
Unpaid Taxes	29 000	24 000	17 000	0
Dividends	0	0	0	0
Other Current Debt	21 000	15 000	22 000	0
Total Current Debt	49 000	40 000	41 000	17 000
Total Equity and Debt	501 000	272 000	316 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,78 %	20 %	−50 %	33,33 %
Debt-to-Equity Ratio	8,2	6,73	10,46	0
Operating Profit Margin	7,52 %	3,29 %	−4,71 %	52 %
Current Ratio	1,61	2	1,8	3,12
Quick Ratio	1,61	2	1,8	3,12
Equity Ratio	0,1	0,11	0,08	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %