TH-DRIFT AS

4815 SALTRØD

Finances

Share Ownership

Return on Equity

−152,63 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	610 000	622 000	130 000	259 000
Net Income	261 000	39 000	27 000	176 000
Total Assets	214 000	156 000	147 000	140 000
Total Equity	−171 000	−432 000	−471 000	−498 000

Income (NOK)	2022	2021	2020	2019
Revenue	610 000	622 000	130 000	259 000
Expenditure	273 000	551 000	113 000	64 000
Operating Profit	336 000	71 000	17 000	196 000
Financial Income	0	0	0	0
Financial Costs	2 000	4 000	0	1 000
Financial Balance	−2 000	−4 000	0	−1 000
Earnings Before Tax	335 000	67 000	17 000	195 000
Tax	74 000	28 000	−9 000	20 000
Net Income	261 000	39 000	27 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 000	109 000	92 000	125 000
Total Current Assets	52 000	46 000	56 000	15 000
Total Assets	214 000	156 000	147 000	140 000
Total Retained Equity	−1 021 000	−1 282 000	−1 321 000	−1 348 000
Total Equity	−171 000	−432 000	−471 000	−498 000
Total Long-Term Debt	111 000	511 000	574 000	576 000
Total Current Debt	273 000	77 000	45 000	61 000
Total Equity and Debt	214 000	156 000	147 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 000	620 000	130 000	259 000
Other Income	0	2 000	0	0
Revenue	610 000	622 000	130 000	259 000
Cost of Goods Sold	13 000	350 000	2 000	0
Salary Costs	122 000	0	0	26 000
Depreciation	40 000	33 000	25 000	0
Impairment	0	0	0	0
Expenditure	273 000	551 000	113 000	64 000
Operating Profit	336 000	71 000	17 000	196 000
Financial Income	0	0	0	0
Financial Costs	2 000	4 000	0	1 000
Financial Balance	−2 000	−4 000	0	−1 000
Dividends	0	0	0	0
Net Income	261 000	39 000	27 000	176 000

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	0	0	0	0
Fixtures	81 000	67 000	92 000	125 000
Total Tangible Assets	114 000	109 000	92 000	125 000
Total Fiancial Fixed Assets	48 000	0	0	0
Total Fixed Assets	162 000	109 000	92 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	19 000	29 000	9 000
Total Current Assets	52 000	46 000	56 000	15 000
Total Assets	214 000	156 000	147 000	140 000
Total Equity	−171 000	−432 000	−471 000	−498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	511 000	574 000	576 000
Creditors	49 000	27 000	1 000	7 000
Unpaid Taxes	135 000	32 000	23 000	36 000
Dividends	0	0	0	0
Other Current Debt	14 000	2 000	15 000	5 000
Total Current Debt	273 000	77 000	45 000	61 000
Total Equity and Debt	214 000	156 000	147 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−152,63 %	−9,03 %	−5,73 %	−35,34 %
Debt-to-Equity Ratio	−0,65	−1,18	−1,22	−1,16
Operating Profit Margin	55,08 %	11,41 %	13,08 %	75,68 %
Current Ratio	0,19	0,6	1,24	0,25
Quick Ratio	0,19	0,6	1,24	0,25
Equity Ratio	−0,8	−2,77	−3,2	−3,56
Gross Profit Margin	97,87 %	43,73 %	98,46 %	100 %