BM DRIFT AS

2005 RÆLINGEN

Finances

Share Ownership

Return on Equity

−82,11 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 144 000	665 000	758 000	1 233 000
Net Income	459 000	140 000	−169 000	−396 000
Total Assets	361 000	233 000	401 000	834 000
Total Equity	−559 000	−1 018 000	−1 158 000	−990 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 144 000	665 000	758 000	1 233 000
Expenditure	685 000	525 000	875 000	1 630 000
Operating Profit	459 000	140 000	−118 000	−396 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	459 000	140 000	−118 000	−396 000
Tax	0	0	51 000	0
Net Income	459 000	140 000	−169 000	−396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	90 000	246 000	413 000
Total Current Assets	361 000	142 000	156 000	421 000
Total Assets	361 000	233 000	401 000	834 000
Total Retained Equity	−698 000	−1 157 000	−1 297 000	−1 129 000
Total Equity	−559 000	−1 018 000	−1 158 000	−990 000
Total Long-Term Debt	175 000	300 000	300 000	300 000
Total Current Debt	745 000	951 000	1 260 000	1 523 000
Total Equity and Debt	361 000	233 000	401 000	834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	714 000	595 000	560 000	1 212 000
Other Income	430 000	70 000	198 000	22 000
Revenue	1 144 000	665 000	758 000	1 233 000
Cost of Goods Sold	14 000	25 000	309 000	525 000
Salary Costs	446 000	202 000	282 000	647 000
Depreciation	0	46 000	96 000	100 000
Impairment	0	0	0	0
Expenditure	685 000	525 000	875 000	1 630 000
Operating Profit	459 000	140 000	−118 000	−396 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	459 000	140 000	−169 000	−396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	90 000	246 000	342 000
Total Tangible Assets	0	90 000	246 000	342 000
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	0	90 000	246 000	413 000
Stock	62 000	66 000	66 000	322 000
Total Investments	0	0	0	0
Cash, Bank	177 000	54 000	71 000	54 000
Total Current Assets	361 000	142 000	156 000	421 000
Total Assets	361 000	233 000	401 000	834 000
Total Equity	−559 000	−1 018 000	−1 158 000	−990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	300 000	300 000	300 000
Creditors	21 000	19 000	18 000	171 000
Unpaid Taxes	53 000	16 000	3 000	22 000
Dividends	0	0	0	0
Other Current Debt	671 000	916 000	1 239 000	1 330 000
Total Current Debt	745 000	951 000	1 260 000	1 523 000
Total Equity and Debt	361 000	233 000	401 000	834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−82,11 %	−13,75 %	14,59 %	40 %
Debt-to-Equity Ratio	−0,31	−0,29	−0,26	−0,3
Operating Profit Margin	40,12 %	21,05 %	−15,57 %	−32,12 %
Current Ratio	0,48	0,15	0,12	0,28
Quick Ratio	0,53	0,16	0,13	0,35
Equity Ratio	−1,55	−4,37	−2,89	−1,19
Gross Profit Margin	98,78 %	96,24 %	59,23 %	57,42 %