REIDUN SALONGEN DRIFT AS

4330 ÅLGÅRD

Finances

Share Ownership

Return on Equity

95,08 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 444 000	4 097 000	731 000
Net Income	580 000	593 000	149 000
Total Assets	1 676 000	1 757 000	768 000
Total Equity	610 000	771 000	179 000

Income (NOK)	2022	2021	2020
Revenue	4 444 000	4 097 000	731 000
Expenditure	3 682 000	3 333 000	529 000
Operating Profit	764 000	765 000	202 000
Financial Income	4 000	1 000	0
Financial Costs	21 000	6 000	11 000
Financial Balance	−17 000	−5 000	−11 000
Earnings Before Tax	746 000	760 000	190 000
Tax	166 000	167 000	42 000
Net Income	580 000	593 000	149 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	189 000	377 000
Total Current Assets	1 676 000	1 569 000	390 000
Total Assets	1 676 000	1 757 000	768 000
Total Retained Equity	579 000	741 000	149 000
Total Equity	610 000	771 000	179 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 066 000	986 000	589 000
Total Equity and Debt	1 676 000	1 757 000	768 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 444 000	4 097 000	731 000
Other Income	0	0	0
Revenue	4 444 000	4 097 000	731 000
Cost of Goods Sold	480 000	447 000	64 000
Salary Costs	2 369 000	2 112 000	369 000
Depreciation	189 000	189 000	31 000
Impairment	0	0	0
Expenditure	3 682 000	3 333 000	529 000
Operating Profit	764 000	765 000	202 000
Financial Income	4 000	1 000	0
Financial Costs	21 000	6 000	11 000
Financial Balance	−17 000	−5 000	−11 000
Dividends	0	0	0
Net Income	580 000	593 000	149 000

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	0	189 000	377 000
Total Tangible Assets	0	189 000	377 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	189 000	377 000
Stock	211 000	176 000	180 000
Total Investments	0	0	0
Cash, Bank	1 398 000	1 268 000	152 000
Total Current Assets	1 676 000	1 569 000	390 000
Total Assets	1 676 000	1 757 000	768 000
Total Equity	610 000	771 000	179 000
Short-Term Group Debt	0	0	38 000
Total Long-Term Debt	0	0	0
Creditors	149 000	127 000	122 000
Unpaid Taxes	226 000	278 000	174 000
Dividends	0	0	0
Other Current Debt	525 000	414 000	213 000
Total Current Debt	1 066 000	986 000	589 000
Total Equity and Debt	1 676 000	1 757 000	768 000

Financial indicators	2022	2021	2020
Return on Equity	95,08 %	76,91 %	83,24 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	17,19 %	18,67 %	27,63 %
Current Ratio	1,57	1,59	0,66
Quick Ratio	1,96	1,94	0,95
Equity Ratio	0,36	0,44	0,23
Gross Profit Margin	89,2 %	89,09 %	91,24 %