YK DRIFT AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

53,99 %

Current Ratio

0,99

Debt-to-Equity Ratio

4,84

Key figures (NOK)	2019	2018	2017	2016
Revenue	14 602 000	15 391 000	15 288 000	14 414 000
Net Income	176 000	1 225 000	687 000	782 000
Total Assets	4 210 000	4 918 000	6 067 000	5 236 000
Total Equity	326 000	150 000	150 000	150 000

Income (NOK)	2019	2018	2017	2016
Revenue	14 602 000	15 391 000	15 288 000	14 414 000
Expenditure	15 143 000	13 805 000	14 171 000	13 307 000
Operating Profit	−543 000	1 586 000	1 118 000	1 107 000
Financial Income	681 000	150 000	50 000	122 000
Financial Costs	96 000	139 000	238 000	178 000
Financial Balance	585 000	11 000	−188 000	−56 000
Earnings Before Tax	42 000	1 597 000	931 000	1 052 000
Tax	−134 000	372 000	243 000	269 000
Net Income	176 000	1 225 000	687 000	782 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	1 934 000	3 672 000	2 987 000	2 301 000
Total Current Assets	2 277 000	1 247 000	3 080 000	2 935 000
Total Assets	4 210 000	4 918 000	6 067 000	5 236 000
Total Retained Equity	176 000	0	0	0
Total Equity	326 000	150 000	150 000	150 000
Total Long-Term Debt	1 578 000	1 673 000	2 333 000	2 032 000
Total Current Debt	2 306 000	3 096 000	3 584 000	3 054 000
Total Equity and Debt	4 210 000	4 918 000	6 067 000	5 236 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	14 602 000	15 391 000	15 288 000	14 414 000
Other Income	0	0	0	0
Revenue	14 602 000	15 391 000	15 288 000	14 414 000
Cost of Goods Sold	2 552 000	2 710 000	2 528 000	2 555 000
Salary Costs	4 085 000	3 417 000	3 581 000	3 771 000
Depreciation	514 000	343 000	456 000	298 000
Impairment	0	0	0	0
Expenditure	15 143 000	13 805 000	14 171 000	13 307 000
Operating Profit	−543 000	1 586 000	1 118 000	1 107 000
Financial Income	681 000	150 000	50 000	122 000
Financial Costs	96 000	139 000	238 000	178 000
Financial Balance	585 000	11 000	−188 000	−56 000
Dividends	0	1 225 000	687 000	782 000
Net Income	176 000	1 225 000	687 000	782 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	243 000	242 000	165 000	0
Total Intangible Assets	473 000	339 000	279 000	278 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	984 000	916 000	936 000	672 000
Fixtures	476 000	366 000	371 000	407 000
Total Tangible Assets	1 460 000	1 282 000	1 307 000	1 078 000
Total Fiancial Fixed Assets	0	2 051 000	1 401 000	945 000
Total Fixed Assets	1 934 000	3 672 000	2 987 000	2 301 000
Stock	28 000	133 000	76 000	76 000
Total Investments	0	0	0	0
Cash, Bank	1 105 000	655 000	2 269 000	2 389 000
Total Current Assets	2 277 000	1 247 000	3 080 000	2 935 000
Total Assets	4 210 000	4 918 000	6 067 000	5 236 000
Total Equity	326 000	150 000	150 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 578 000	1 673 000	2 333 000	2 032 000
Creditors	481 000	219 000	256 000	39 000
Unpaid Taxes	231 000	252 000	259 000	235 000
Dividends	0	1 225 000	687 000	782 000
Other Current Debt	1 594 000	1 046 000	2 137 000	2 526 000
Total Current Debt	2 306 000	3 096 000	3 584 000	3 054 000
Total Equity and Debt	4 210 000	4 918 000	6 067 000	5 236 000

Financial indicators	2019	2018	2017	2016
Return on Equity	53,99 %	816,67 %	458 %	521,33 %
Debt-to-Equity Ratio	4,84	11,15	15,55	13,55
Operating Profit Margin	−3,72 %	10,3 %	7,31 %	7,68 %
Current Ratio	0,99	0,4	0,86	0,96
Quick Ratio	1	0,42	0,88	0,99
Equity Ratio	0,08	0,03	0,02	0,03
Gross Profit Margin	82,52 %	82,39 %	83,46 %	82,27 %