NORINVEST DRIFT AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

22,3 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 526 000	27 438 000	27 573 000	34 330 000
Net Income	1 495 000	2 217 000	−1 208 000	−1 955 000
Total Assets	10 403 000	10 647 000	23 946 000	39 617 000
Total Equity	6 703 000	6 735 000	6 308 000	6 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 526 000	27 438 000	27 573 000	34 330 000
Expenditure	27 855 000	24 570 000	28 609 000	36 362 000
Operating Profit	1 672 000	2 868 000	−1 036 000	−2 032 000
Financial Income	255 000	33 000	7 000	3 000
Financial Costs	2 000	1 000	622 000	639 000
Financial Balance	253 000	32 000	−615 000	−636 000
Earnings Before Tax	1 926 000	2 900 000	−1 651 000	−2 669 000
Tax	431 000	683 000	−443 000	−713 000
Net Income	1 495 000	2 217 000	−1 208 000	−1 955 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	271 000	155 000	691 000	414 000
Total Current Assets	10 131 000	10 492 000	23 255 000	39 203 000
Total Assets	10 403 000	10 647 000	23 946 000	39 617 000
Total Retained Equity	0	0	−15 768 000	−14 560 000
Total Equity	6 703 000	6 735 000	6 308 000	6 375 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 699 000	3 912 000	17 639 000	33 242 000
Total Equity and Debt	10 403 000	10 647 000	23 946 000	39 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 526 000	27 438 000	27 315 000	34 061 000
Other Income	0	0	258 000	269 000
Revenue	29 526 000	27 438 000	27 573 000	34 330 000
Cost of Goods Sold	18 768 000	13 509 000	12 862 000	17 135 000
Salary Costs	7 320 000	8 123 000	11 436 000	15 239 000
Depreciation	104 000	66 000	106 000	178 000
Impairment	0	0	0	0
Expenditure	27 855 000	24 570 000	28 609 000	36 362 000
Operating Profit	1 672 000	2 868 000	−1 036 000	−2 032 000
Financial Income	255 000	33 000	7 000	3 000
Financial Costs	2 000	1 000	622 000	639 000
Financial Balance	253 000	32 000	−615 000	−636 000
Dividends	0	0	0	0
Net Income	1 495 000	2 217 000	−1 208 000	−1 955 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	178 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	19 000	29 000	50 000
Fixtures	262 000	136 000	334 000	223 000
Total Tangible Assets	271 000	155 000	363 000	273 000
Total Fiancial Fixed Assets	0	0	150 000	84 000
Total Fixed Assets	271 000	155 000	691 000	414 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 055 000	704 000	1 224 000	717 000
Total Current Assets	10 131 000	10 492 000	23 255 000	39 203 000
Total Assets	10 403 000	10 647 000	23 946 000	39 617 000
Total Equity	6 703 000	6 735 000	6 308 000	6 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 047 000	2 531 000	1 801 000	3 930 000
Unpaid Taxes	95 000	114 000	520 000	1 138 000
Dividends	0	0	0	0
Other Current Debt	2 557 000	1 267 000	15 318 000	28 174 000
Total Current Debt	3 699 000	3 912 000	17 639 000	33 242 000
Total Equity and Debt	10 403 000	10 647 000	23 946 000	39 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,3 %	32,92 %	−19,15 %	−30,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,66 %	10,45 %	−3,76 %	−5,92 %
Current Ratio	2,74	2,68	1,32	1,18
Quick Ratio	2,74	2,68	1,32	1,18
Equity Ratio	0,64	0,63	0,26	0,16
Gross Profit Margin	36,44 %	50,77 %	53,35 %	50,09 %