GRAND DRIFT AS

6300 ÅNDALSNES

Finances

Return on Equity

195,15 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 322 000	30 347 000	23 847 000	26 656 000
Net Income	5 712 000	3 662 000	1 839 000	−495 000
Total Assets	14 261 000	10 801 000	4 987 000	6 144 000
Total Equity	2 927 000	2 890 000	2 828 000	2 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 322 000	30 347 000	23 847 000	26 656 000
Expenditure	30 989 000	25 608 000	21 526 000	25 950 000
Operating Profit	7 333 000	4 738 000	2 321 000	706 000
Financial Income	0	0	6 000	5 000
Financial Costs	8 000	43 000	53 000	1 042 000
Financial Balance	−8 000	−43 000	−47 000	−1 037 000
Earnings Before Tax	7 325 000	4 695 000	2 274 000	−330 000
Tax	1 612 000	1 034 000	436 000	165 000
Net Income	5 712 000	3 662 000	1 839 000	−495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 721 000	1 840 000	1 933 000	2 618 000
Total Current Assets	12 540 000	8 961 000	3 055 000	3 526 000
Total Assets	14 261 000	10 801 000	4 987 000	6 144 000
Total Retained Equity	2 627 000	2 590 000	2 528 000	1 737 000
Total Equity	2 927 000	2 890 000	2 828 000	2 037 000
Total Long-Term Debt	0	0	0	247 000
Total Current Debt	11 334 000	7 911 000	2 159 000	3 861 000
Total Equity and Debt	14 261 000	10 801 000	4 987 000	6 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 279 000	29 538 000	22 955 000	10 889 000
Other Income	43 000	809 000	892 000	15 767 000
Revenue	38 322 000	30 347 000	23 847 000	26 656 000
Cost of Goods Sold	6 654 000	4 503 000	3 463 000	5 712 000
Salary Costs	10 996 000	9 380 000	7 980 000	9 371 000
Depreciation	517 000	646 000	601 000	428 000
Impairment	0	0	0	0
Expenditure	30 989 000	25 608 000	21 526 000	25 950 000
Operating Profit	7 333 000	4 738 000	2 321 000	706 000
Financial Income	0	0	6 000	5 000
Financial Costs	8 000	43 000	53 000	1 042 000
Financial Balance	−8 000	−43 000	−47 000	−1 037 000
Dividends	0	0	0	0
Net Income	5 712 000	3 662 000	1 839 000	−495 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	54 000	53 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 629 000	1 736 000	1 830 000	2 186 000
Total Tangible Assets	1 629 000	1 736 000	1 830 000	2 186 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	426 000
Total Fixed Assets	1 721 000	1 840 000	1 933 000	2 618 000
Stock	509 000	401 000	354 000	415 000
Total Investments	0	0	0	0
Cash, Bank	1 011 000	7 586 000	1 289 000	1 770 000
Total Current Assets	12 540 000	8 961 000	3 055 000	3 526 000
Total Assets	14 261 000	10 801 000	4 987 000	6 144 000
Total Equity	2 927 000	2 890 000	2 828 000	2 037 000
Short-Term Group Debt	0	0	0	860 000
Total Long-Term Debt	0	0	0	247 000
Creditors	1 618 000	890 000	399 000	1 568 000
Unpaid Taxes	635 000	608 000	352 000	493 000
Dividends	0	0	0	0
Other Current Debt	9 080 000	1 778 000	925 000	924 000
Total Current Debt	11 334 000	7 911 000	2 159 000	3 861 000
Total Equity and Debt	14 261 000	10 801 000	4 987 000	6 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	195,15 %	126,71 %	65,03 %	−24,3 %
Debt-to-Equity Ratio	0	0	0	0,12
Operating Profit Margin	19,14 %	15,61 %	9,73 %	2,65 %
Current Ratio	1,11	1,13	1,42	0,91
Quick Ratio	1,16	1,19	1,69	1,02
Equity Ratio	0,21	0,27	0,57	0,33
Gross Profit Margin	82,64 %	85,16 %	85,48 %	78,57 %