DRIFTSCOMPAGNIET FM AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

24,39 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 206 000	2 928 000	2 807 000	4 518 000
Net Income	50 000	17 000	37 000	60 000
Total Assets	1 422 000	2 002 000	2 184 000	1 953 000
Total Equity	205 000	155 000	137 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 206 000	2 928 000	2 807 000	4 518 000
Expenditure	3 153 000	2 907 000	2 764 000	4 456 000
Operating Profit	53 000	21 000	43 000	62 000
Financial Income	11 000	1 000	4 000	15 000
Financial Costs	0	0	0	0
Financial Balance	11 000	1 000	4 000	15 000
Earnings Before Tax	64 000	22 000	47 000	76 000
Tax	14 000	5 000	10 000	17 000
Net Income	50 000	17 000	37 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	39 000	34 000	0
Total Current Assets	1 363 000	1 963 000	2 151 000	1 953 000
Total Assets	1 422 000	2 002 000	2 184 000	1 953 000
Total Retained Equity	104 000	54 000	37 000	0
Total Equity	205 000	155 000	137 000	101 000
Total Long-Term Debt	1 000	1 000	1 000	0
Total Current Debt	1 217 000	1 846 000	2 046 000	1 853 000
Total Equity and Debt	1 422 000	2 002 000	2 184 000	1 953 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 206 000	2 928 000	2 807 000	4 518 000
Other Income	0	0	0	0
Revenue	3 206 000	2 928 000	2 807 000	4 518 000
Cost of Goods Sold	3 090 000	2 858 000	2 724 000	4 409 000
Salary Costs	0	0	0	0
Depreciation	15 000	8 000	3 000	0
Impairment	0	0	0	0
Expenditure	3 153 000	2 907 000	2 764 000	4 456 000
Operating Profit	53 000	21 000	43 000	62 000
Financial Income	11 000	1 000	4 000	15 000
Financial Costs	0	0	0	0
Financial Balance	11 000	1 000	4 000	15 000
Dividends	0	0	0	100 000
Net Income	50 000	17 000	37 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	59 000	39 000	34 000	0
Fixtures	0	0	0	0
Total Tangible Assets	59 000	39 000	34 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	59 000	39 000	34 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	905 000	1 170 000	677 000
Total Current Assets	1 363 000	1 963 000	2 151 000	1 953 000
Total Assets	1 422 000	2 002 000	2 184 000	1 953 000
Total Equity	205 000	155 000	137 000	101 000
Short-Term Group Debt	100 000	100 000	100 000	0
Total Long-Term Debt	1 000	1 000	1 000	0
Creditors	132 000	378 000	217 000	132 000
Unpaid Taxes	44 000	105 000	67 000	76 000
Dividends	0	0	0	100 000
Other Current Debt	927 000	1 259 000	1 653 000	1 528 000
Total Current Debt	1 217 000	1 846 000	2 046 000	1 853 000
Total Equity and Debt	1 422 000	2 002 000	2 184 000	1 953 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,39 %	10,97 %	27,01 %	59,41 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	1,65 %	0,72 %	1,53 %	1,37 %
Current Ratio	1,12	1,06	1,05	1,05
Quick Ratio	1,12	1,06	1,05	1,05
Equity Ratio	0,14	0,08	0,06	0,05
Gross Profit Margin	3,62 %	2,39 %	2,96 %	2,41 %