DRIV ØKONOMI AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

25,22 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 018 000	11 541 000	11 294 000	5 499 000
Net Income	810 000	761 000	880 000	−325 000
Total Assets	5 419 000	5 657 000	5 434 000	4 427 000
Total Equity	3 212 000	2 902 000	2 641 000	1 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 018 000	11 541 000	11 294 000	5 499 000
Expenditure	10 963 000	10 563 000	10 154 000	5 900 000
Operating Profit	1 055 000	977 000	1 139 000	−401 000
Financial Income	14 000	28 000	28 000	5 000
Financial Costs	27 000	29 000	39 000	21 000
Financial Balance	−13 000	−1 000	−11 000	−16 000
Earnings Before Tax	1 042 000	976 000	1 129 000	−417 000
Tax	232 000	215 000	249 000	−92 000
Net Income	810 000	761 000	880 000	−325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	941 000	1 387 000	1 762 000	2 323 000
Total Current Assets	4 479 000	4 270 000	3 672 000	2 105 000
Total Assets	5 419 000	5 657 000	5 434 000	4 427 000
Total Retained Equity	2 059 000	1 549 000	901 000	21 000
Total Equity	3 212 000	2 902 000	2 641 000	1 761 000
Total Long-Term Debt	0	600 000	825 000	1 000 000
Total Current Debt	2 208 000	2 155 000	1 968 000	1 667 000
Total Equity and Debt	5 419 000	5 657 000	5 434 000	4 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 836 000	11 392 000	11 160 000	5 426 000
Other Income	182 000	149 000	134 000	73 000
Revenue	12 018 000	11 541 000	11 294 000	5 499 000
Cost of Goods Sold	454 000	117 000	320 000	18 000
Salary Costs	8 237 000	7 966 000	7 546 000	4 042 000
Depreciation	522 000	497 000	482 000	250 000
Impairment	0	0	0	0
Expenditure	10 963 000	10 563 000	10 154 000	5 900 000
Operating Profit	1 055 000	977 000	1 139 000	−401 000
Financial Income	14 000	28 000	28 000	5 000
Financial Costs	27 000	29 000	39 000	21 000
Financial Balance	−13 000	−1 000	−11 000	−16 000
Dividends	0	0	0	0
Net Income	810 000	761 000	880 000	−325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	653 000	1 088 000	1 523 000	1 958 000
Total Intangible Assets	744 000	1 167 000	1 584 000	2 156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	196 000	220 000	178 000	167 000
Total Tangible Assets	196 000	220 000	178 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	941 000	1 387 000	1 762 000	2 323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 694 000	1 799 000	1 577 000	656 000
Total Current Assets	4 479 000	4 270 000	3 672 000	2 105 000
Total Assets	5 419 000	5 657 000	5 434 000	4 427 000
Total Equity	3 212 000	2 902 000	2 641 000	1 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	600 000	825 000	1 000 000
Creditors	234 000	116 000	106 000	214 000
Unpaid Taxes	909 000	899 000	862 000	769 000
Dividends	0	0	0	0
Other Current Debt	804 000	865 000	897 000	684 000
Total Current Debt	2 208 000	2 155 000	1 968 000	1 667 000
Total Equity and Debt	5 419 000	5 657 000	5 434 000	4 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,22 %	26,22 %	33,32 %	−18,46 %
Debt-to-Equity Ratio	0	0,21	0,31	0,57
Operating Profit Margin	8,78 %	8,47 %	10,09 %	−7,29 %
Current Ratio	2,03	1,98	1,87	1,26
Quick Ratio	2,03	1,98	1,87	1,26
Equity Ratio	0,59	0,51	0,49	0,4
Gross Profit Margin	96,22 %	98,99 %	97,17 %	99,67 %