TQ DRIFT AS

0663 OSLO

Finances

Share Ownership

Return on Equity

38,32 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 000	101 000	0	32 000
Net Income	41 000	−16 000	−22 000	0
Total Assets	222 000	719 000	114 000	115 000
Total Equity	107 000	66 000	60 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 000	101 000	0	32 000
Expenditure	29 000	110 000	19 000	29 000
Operating Profit	69 000	−9 000	−19 000	3 000
Financial Income	0	0	0	0
Financial Costs	29 000	7 000	3 000	3 000
Financial Balance	−29 000	−7 000	−3 000	−3 000
Earnings Before Tax	41 000	−16 000	−22 000	0
Tax	0	0	0	0
Net Income	41 000	−16 000	−22 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	573 000	0	0
Total Current Assets	222 000	146 000	114 000	115 000
Total Assets	222 000	719 000	114 000	115 000
Total Retained Equity	7 000	−34 000	−40 000	−18 000
Total Equity	107 000	66 000	60 000	82 000
Total Long-Term Debt	0	534 000	0	0
Total Current Debt	115 000	119 000	54 000	33 000
Total Equity and Debt	222 000	719 000	114 000	115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	101 000	0	32 000
Other Income	20 000	0	0	0
Revenue	99 000	101 000	0	32 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	12 000	0	0
Impairment	0	0	0	0
Expenditure	29 000	110 000	19 000	29 000
Operating Profit	69 000	−9 000	−19 000	3 000
Financial Income	0	0	0	0
Financial Costs	29 000	7 000	3 000	3 000
Financial Balance	−29 000	−7 000	−3 000	−3 000
Dividends	0	0	0	0
Net Income	41 000	−16 000	−22 000	0

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	573 000	0	0
Total Tangible Assets	0	573 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	573 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	22 000	0	0
Total Current Assets	222 000	146 000	114 000	115 000
Total Assets	222 000	719 000	114 000	115 000
Total Equity	107 000	66 000	60 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	534 000	0	0
Creditors	0	12 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	115 000	107 000	54 000	33 000
Total Current Debt	115 000	119 000	54 000	33 000
Total Equity and Debt	222 000	719 000	114 000	115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,32 %	−24,24 %	−36,67 %	0 %
Debt-to-Equity Ratio	0	8,09	0	0
Operating Profit Margin	69,7 %	−8,91 %	-	9,38 %
Current Ratio	1,93	1,23	2,11	3,48
Quick Ratio	1,93	1,23	2,11	3,48
Equity Ratio	0,48	0,09	0,53	0,71
Gross Profit Margin	100 %	100 %	-	100 %