FACTORY DRIFT AS

3260 LARVIK

Finances

Return on Equity

7,31 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	29 000	107 000
Net Income	470 000	489 000	−8 000	1 432 000
Total Assets	6 931 000	6 460 000	5 972 000	7 665 000
Total Equity	6 431 000	6 460 000	5 972 000	7 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	29 000	107 000
Expenditure	30 000	11 000	32 000	247 000
Operating Profit	−30 000	−11 000	−2 000	−140 000
Financial Income	500 000	500 000	0	1 600 000
Financial Costs	0	0	6 000	28 000
Financial Balance	500 000	500 000	−6 000	1 572 000
Earnings Before Tax	470 000	489 000	−8 000	1 432 000
Tax	0	0	0	0
Net Income	470 000	489 000	−8 000	1 432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 781 000	5 781 000	5 781 000	6 130 000
Total Current Assets	1 150 000	680 000	191 000	1 535 000
Total Assets	6 931 000	6 460 000	5 972 000	7 665 000
Total Retained Equity	4 754 000	4 784 000	4 295 000	5 568 000
Total Equity	6 431 000	6 460 000	5 972 000	7 244 000
Total Long-Term Debt	0	0	0	408 000
Total Current Debt	500 000	0	0	13 000
Total Equity and Debt	6 931 000	6 460 000	5 972 000	7 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	18 000	132 000
Other Income	0	0	11 000	−25 000
Revenue	0	0	29 000	107 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	91 000
Impairment	0	0	0	0
Expenditure	30 000	11 000	32 000	247 000
Operating Profit	−30 000	−11 000	−2 000	−140 000
Financial Income	500 000	500 000	0	1 600 000
Financial Costs	0	0	6 000	28 000
Financial Balance	500 000	500 000	−6 000	1 572 000
Dividends	500 000	0	1 264 000	190 000
Net Income	470 000	489 000	−8 000	1 432 000

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	0	0	0	349 000
Total Tangible Assets	0	0	0	349 000
Total Fiancial Fixed Assets	5 781 000	5 781 000	5 781 000	5 781 000
Total Fixed Assets	5 781 000	5 781 000	5 781 000	6 130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	287 000	164 000	176 000	30 000
Total Current Assets	1 150 000	680 000	191 000	1 535 000
Total Assets	6 931 000	6 460 000	5 972 000	7 665 000
Total Equity	6 431 000	6 460 000	5 972 000	7 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	408 000
Creditors	0	0	0	8 000
Unpaid Taxes	0	0	0	5 000
Dividends	500 000	0	1 264 000	190 000
Other Current Debt	500 000	0	0	0
Total Current Debt	500 000	0	0	13 000
Total Equity and Debt	6 931 000	6 460 000	5 972 000	7 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,31 %	7,57 %	−0,13 %	19,77 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	-	-	−6,9 %	−130,84 %
Current Ratio	2,3	-	-	118,08
Quick Ratio	2,3	-	-	118,08
Equity Ratio	0,93	1	1	0,95
Gross Profit Margin	-	-	100 %	100 %