DRONE NORD AS

8008 BODØ

Finances

Share Ownership

Return on Equity

9,21 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 385 000	2 020 000	643 000
Net Income	48 000	275 000	−43 000
Total Assets	903 000	838 000	334 000
Total Equity	521 000	473 000	198 000

Income (NOK)	2022	2021	2020
Revenue	2 385 000	2 020 000	643 000
Expenditure	2 292 000	1 673 000	683 000
Operating Profit	93 000	346 000	−40 000
Financial Income	1 000	0	0
Financial Costs	28 000	7 000	3 000
Financial Balance	−27 000	−7 000	−3 000
Earnings Before Tax	65 000	339 000	−43 000
Tax	18 000	64 000	0
Net Income	48 000	275 000	−43 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	221 000	108 000	92 000
Total Current Assets	682 000	730 000	242 000
Total Assets	903 000	838 000	334 000
Total Retained Equity	323 000	275 000	0
Total Equity	521 000	473 000	198 000
Total Long-Term Debt	1 000	1 000	0
Total Current Debt	381 000	364 000	136 000
Total Equity and Debt	903 000	838 000	334 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 385 000	1 860 000	643 000
Other Income	0	160 000	0
Revenue	2 385 000	2 020 000	643 000
Cost of Goods Sold	92 000	36 000	33 000
Salary Costs	1 285 000	1 038 000	480 000
Depreciation	58 000	30 000	16 000
Impairment	0	0	0
Expenditure	2 292 000	1 673 000	683 000
Operating Profit	93 000	346 000	−40 000
Financial Income	1 000	0	0
Financial Costs	28 000	7 000	3 000
Financial Balance	−27 000	−7 000	−3 000
Dividends	0	0	0
Net Income	48 000	275 000	−43 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	221 000	108 000	92 000
Total Tangible Assets	221 000	108 000	92 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	221 000	108 000	92 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	270 000	258 000	208 000
Total Current Assets	682 000	730 000	242 000
Total Assets	903 000	838 000	334 000
Total Equity	521 000	473 000	198 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	0
Creditors	34 000	4 000	4 000
Unpaid Taxes	190 000	179 000	80 000
Dividends	0	0	0
Other Current Debt	140 000	118 000	51 000
Total Current Debt	381 000	364 000	136 000
Total Equity and Debt	903 000	838 000	334 000

Financial indicators	2022	2021	2020
Return on Equity	9,21 %	58,14 %	−21,72 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	3,9 %	17,13 %	−6,22 %
Current Ratio	1,79	2,01	1,78
Quick Ratio	1,79	2,01	1,78
Equity Ratio	0,58	0,56	0,59
Gross Profit Margin	96,14 %	98,22 %	94,87 %