DRIVFLAADT AS

4024 STAVANGER

Finances

Return on Equity

−1,87 %

Current Ratio

173,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	438 000	1 044 000	1 071 000	1 044 000
Net Income	−67 000	−907 000	379 000	160 000
Total Assets	3 608 000	3 720 000	6 910 000	6 767 000
Total Equity	3 589 000	3 656 000	5 062 000	4 743 000

Income (NOK)	2022	2021	2020	2019
Revenue	438 000	1 044 000	1 071 000	1 044 000
Expenditure	480 000	2 100 000	913 000	830 000
Operating Profit	−41 000	−1 056 000	157 000	214 000
Financial Income	107 000	172 000	307 000	53 000
Financial Costs	133 000	125 000	61 000	75 000
Financial Balance	−26 000	47 000	246 000	−22 000
Earnings Before Tax	−67 000	−1 009 000	403 000	193 000
Tax	0	−102 000	23 000	33 000
Net Income	−67 000	−907 000	379 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	314 000	348 000	4 333 000	4 512 000
Total Current Assets	3 294 000	3 371 000	2 577 000	2 255 000
Total Assets	3 608 000	3 720 000	6 910 000	6 767 000
Total Retained Equity	3 409 000	3 476 000	4 882 000	4 563 000
Total Equity	3 589 000	3 656 000	5 062 000	4 743 000
Total Long-Term Debt	0	0	1 672 000	1 875 000
Total Current Debt	19 000	64 000	176 000	149 000
Total Equity and Debt	3 608 000	3 720 000	6 910 000	6 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	438 000	777 000	744 000	828 000
Other Income	0	267 000	327 000	216 000
Revenue	438 000	1 044 000	1 071 000	1 044 000
Cost of Goods Sold	242 000	420 000	420 000	379 000
Salary Costs	98 000	116 000	25 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	480 000	2 100 000	913 000	830 000
Operating Profit	−41 000	−1 056 000	157 000	214 000
Financial Income	107 000	172 000	307 000	53 000
Financial Costs	133 000	125 000	61 000	75 000
Financial Balance	−26 000	47 000	246 000	−22 000
Dividends	0	500 000	60 000	50 000
Net Income	−67 000	−907 000	379 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 985 000	3 985 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 985 000	3 985 000
Total Fiancial Fixed Assets	314 000	348 000	348 000	527 000
Total Fixed Assets	314 000	348 000	4 333 000	4 512 000
Stock	0	120 000	108 000	123 000
Total Investments	0	2 007 000	857 000	1 312 000
Cash, Bank	3 259 000	1 150 000	1 470 000	799 000
Total Current Assets	3 294 000	3 371 000	2 577 000	2 255 000
Total Assets	3 608 000	3 720 000	6 910 000	6 767 000
Total Equity	3 589 000	3 656 000	5 062 000	4 743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 672 000	1 875 000
Creditors	3 000	23 000	13 000	17 000
Unpaid Taxes	5 000	27 000	33 000	11 000
Dividends	0	500 000	60 000	50 000
Other Current Debt	11 000	14 000	21 000	5 000
Total Current Debt	19 000	64 000	176 000	149 000
Total Equity and Debt	3 608 000	3 720 000	6 910 000	6 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,87 %	−24,81 %	7,49 %	3,37 %
Debt-to-Equity Ratio	0	0	0,33	0,4
Operating Profit Margin	−9,36 %	−101,15 %	14,66 %	20,5 %
Current Ratio	173,37	52,67	14,64	15,13
Quick Ratio	173,37	−60,2	37,9	86,73
Equity Ratio	0,99	0,98	0,73	0,7
Gross Profit Margin	44,75 %	59,77 %	60,78 %	63,7 %