E R DRIFT AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

−114,35 %

Current Ratio

0,05

Debt-to-Equity Ratio

−1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 726 000	1 310 000	0	0
Net Income	1 291 000	503 000	−102 000	−74 000
Total Assets	1 826 000	1 780 000	1 745 000	1 783 000
Total Equity	−1 129 000	−2 420 000	−2 923 000	−2 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 726 000	1 310 000	0	0
Expenditure	332 000	718 000	0	23 000
Operating Profit	1 394 000	592 000	0	−23 000
Financial Income	0	0	0	0
Financial Costs	104 000	89 000	102 000	51 000
Financial Balance	−104 000	−89 000	−102 000	−51 000
Earnings Before Tax	1 291 000	503 000	−102 000	−74 000
Tax	0	0	0	0
Net Income	1 291 000	503 000	−102 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 745 000	1 745 000	1 745 000	1 745 000
Total Current Assets	81 000	35 000	0	38 000
Total Assets	1 826 000	1 780 000	1 745 000	1 783 000
Total Retained Equity	−2 229 000	−3 520 000	−4 023 000	−3 922 000
Total Equity	−1 129 000	−2 420 000	−2 923 000	−2 822 000
Total Long-Term Debt	1 459 000	1 535 000	1 266 000	1 335 000
Total Current Debt	1 496 000	2 665 000	3 402 000	3 270 000
Total Equity and Debt	1 826 000	1 780 000	1 745 000	1 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	754 000	1 230 000	0	0
Other Income	973 000	80 000	0	0
Revenue	1 726 000	1 310 000	0	0
Cost of Goods Sold	223 000	563 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	332 000	718 000	0	23 000
Operating Profit	1 394 000	592 000	0	−23 000
Financial Income	0	0	0	0
Financial Costs	104 000	89 000	102 000	51 000
Financial Balance	−104 000	−89 000	−102 000	−51 000
Dividends	0	0	0	0
Net Income	1 291 000	503 000	−102 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 745 000	1 745 000	1 745 000	1 745 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 745 000	1 745 000	1 745 000	1 745 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 745 000	1 745 000	1 745 000	1 745 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	23 000	0	28 000
Total Current Assets	81 000	35 000	0	38 000
Total Assets	1 826 000	1 780 000	1 745 000	1 783 000
Total Equity	−1 129 000	−2 420 000	−2 923 000	−2 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 459 000	1 535 000	1 266 000	1 335 000
Creditors	137 000	41 000	53 000	53 000
Unpaid Taxes	274 000	162 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 085 000	2 463 000	3 349 000	3 216 000
Total Current Debt	1 496 000	2 665 000	3 402 000	3 270 000
Total Equity and Debt	1 826 000	1 780 000	1 745 000	1 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,35 %	−20,79 %	3,49 %	2,62 %
Debt-to-Equity Ratio	−1,29	−0,63	−0,43	−0,47
Operating Profit Margin	80,76 %	45,19 %	-	-
Current Ratio	0,05	0,01	0	0,01
Quick Ratio	0,05	0,01	0	0,01
Equity Ratio	−0,62	−1,36	−1,68	−1,58
Gross Profit Margin	87,08 %	57,02 %	-	-