GN DRIFT AS

5310 HAUGLANDSHELLA

Finances

Share Ownership

Return on Equity

−85,66 %

Current Ratio

1,64

Debt-to-Equity Ratio

7,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 932 000	1 776 000	816 000	1 470 000
Net Income	−215 000	244 000	−34 000	116 000
Total Assets	2 679 000	2 541 000	446 000	931 000
Total Equity	251 000	466 000	222 000	256 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 932 000	1 776 000	816 000	1 470 000
Expenditure	2 150 000	1 459 000	830 000	1 313 000
Operating Profit	−218 000	316 000	−13 000	156 000
Financial Income	3 000	1 000	0	0
Financial Costs	50 000	20 000	4 000	8 000
Financial Balance	−47 000	−19 000	−4 000	−8 000
Earnings Before Tax	−265 000	297 000	−17 000	147 000
Tax	−50 000	53 000	17 000	31 000
Net Income	−215 000	244 000	−34 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 811 000	1 931 000	212 000	47 000
Total Current Assets	868 000	610 000	233 000	885 000
Total Assets	2 679 000	2 541 000	446 000	931 000
Total Retained Equity	151 000	366 000	122 000	156 000
Total Equity	251 000	466 000	222 000	256 000
Total Long-Term Debt	1 899 000	1 984 000	0	0
Total Current Debt	530 000	90 000	223 000	675 000
Total Equity and Debt	2 679 000	2 541 000	446 000	931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 885 000	1 583 000	811 000	1 470 000
Other Income	47 000	193 000	5 000	0
Revenue	1 932 000	1 776 000	816 000	1 470 000
Cost of Goods Sold	763 000	667 000	317 000	433 000
Salary Costs	838 000	496 000	144 000	640 000
Depreciation	157 000	46 000	23 000	5 000
Impairment	0	0	0	0
Expenditure	2 150 000	1 459 000	830 000	1 313 000
Operating Profit	−218 000	316 000	−13 000	156 000
Financial Income	3 000	1 000	0	0
Financial Costs	50 000	20 000	4 000	8 000
Financial Balance	−47 000	−19 000	−4 000	−8 000
Dividends	0	0	0	0
Net Income	−215 000	244 000	−34 000	116 000

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	161 000	163 000	199 000	47 000
Total Tangible Assets	1 811 000	1 931 000	199 000	47 000
Total Fiancial Fixed Assets	0	0	13 000	0
Total Fixed Assets	1 811 000	1 931 000	212 000	47 000
Stock	167 000	133 000	55 000	49 000
Total Investments	0	0	0	0
Cash, Bank	278 000	166 000	82 000	260 000
Total Current Assets	868 000	610 000	233 000	885 000
Total Assets	2 679 000	2 541 000	446 000	931 000
Total Equity	251 000	466 000	222 000	256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 899 000	1 984 000	0	0
Creditors	74 000	140 000	93 000	126 000
Unpaid Taxes	303 000	−160 000	9 000	206 000
Dividends	0	0	0	0
Other Current Debt	152 000	111 000	104 000	311 000
Total Current Debt	530 000	90 000	223 000	675 000
Total Equity and Debt	2 679 000	2 541 000	446 000	931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,66 %	52,36 %	−15,32 %	45,31 %
Debt-to-Equity Ratio	7,57	4,26	0	0
Operating Profit Margin	−11,28 %	17,79 %	−1,59 %	10,61 %
Current Ratio	1,64	6,78	1,04	1,31
Quick Ratio	2,39	−14,19	1,39	1,41
Equity Ratio	0,09	0,18	0,5	0,27
Gross Profit Margin	60,51 %	62,44 %	61,15 %	70,54 %