FIRMADRIFT E.BIRKELAND AS

5238 RÅDAL

Finances

Return on Equity

26,77 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	5 371 000	1 687 000	2 483 000	911 000
Total Assets	23 857 000	23 103 000	21 849 000	29 825 000
Total Equity	20 065 000	17 848 000	18 755 000	18 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 511 000	61 000	76 000	66 000
Operating Profit	−1 511 000	−61 000	−76 000	−66 000
Financial Income	9 093 000	2 241 000	3 445 000	2 419 000
Financial Costs	1 596 000	39 000	274 000	1 011 000
Financial Balance	7 497 000	2 202 000	3 171 000	1 408 000
Earnings Before Tax	5 986 000	2 142 000	3 096 000	1 342 000
Tax	615 000	455 000	612 000	431 000
Net Income	5 371 000	1 687 000	2 483 000	911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 909 000	18 490 000	18 123 000	26 665 000
Total Current Assets	13 949 000	4 612 000	3 725 000	3 160 000
Total Assets	23 857 000	23 103 000	21 849 000	29 825 000
Total Retained Equity	19 965 000	17 748 000	18 655 000	18 506 000
Total Equity	20 065 000	17 848 000	18 755 000	18 606 000
Total Long-Term Debt	0	4 205 000	2 147 000	9 920 000
Total Current Debt	3 793 000	1 050 000	946 000	1 299 000
Total Equity and Debt	23 857 000	23 103 000	21 849 000	29 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 511 000	61 000	76 000	66 000
Operating Profit	−1 511 000	−61 000	−76 000	−66 000
Financial Income	9 093 000	2 241 000	3 445 000	2 419 000
Financial Costs	1 596 000	39 000	274 000	1 011 000
Financial Balance	7 497 000	2 202 000	3 171 000	1 408 000
Dividends	1 000 000	0	2 000 000	0
Net Income	5 371 000	1 687 000	2 483 000	911 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	238 000	238 000	238 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 671 000	18 253 000	17 886 000	26 427 000
Total Fixed Assets	9 909 000	18 490 000	18 123 000	26 665 000
Stock	0	0	0	0
Total Investments	77 000	103 000	0	0
Cash, Bank	10 612 000	2 554 000	1 055 000	1 234 000
Total Current Assets	13 949 000	4 612 000	3 725 000	3 160 000
Total Assets	23 857 000	23 103 000	21 849 000	29 825 000
Total Equity	20 065 000	17 848 000	18 755 000	18 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 205 000	2 147 000	9 920 000
Creditors	24 000	0	0	32 000
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	0	2 000 000	0
Other Current Debt	3 762 000	762 000	428 000	1 072 000
Total Current Debt	3 793 000	1 050 000	946 000	1 299 000
Total Equity and Debt	23 857 000	23 103 000	21 849 000	29 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,77 %	9,45 %	13,24 %	4,9 %
Debt-to-Equity Ratio	0	0,24	0,11	0,53
Operating Profit Margin	-	-	-	-
Current Ratio	3,68	4,39	3,94	2,43
Quick Ratio	3,68	4,39	3,94	2,43
Equity Ratio	0,84	0,77	0,86	0,62
Gross Profit Margin	-	-	-	-