LMC DRIFT AS

0653 OSLO

Finances

Share Ownership

Return on Equity

−6,08 %

Current Ratio

22,27

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	427 000	1 085 000	1 874 000	1 157 000
Net Income	−114 000	40 000	112 000	28 000
Total Assets	2 360 000	2 633 000	2 126 000	2 155 000
Total Equity	1 874 000	1 988 000	1 948 000	1 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	427 000	1 085 000	1 874 000	1 157 000
Expenditure	539 000	1 031 000	1 729 000	1 123 000
Operating Profit	−112 000	54 000	145 000	34 000
Financial Income	0	0	1 000	1 000
Financial Costs	14 000	3 000	2 000	0
Financial Balance	−14 000	−3 000	−1 000	1 000
Earnings Before Tax	−125 000	51 000	144 000	35 000
Tax	−11 000	11 000	32 000	8 000
Net Income	−114 000	40 000	112 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	843 000	843 000	1 765 000
Total Current Assets	2 116 000	1 791 000	1 283 000	390 000
Total Assets	2 360 000	2 633 000	2 126 000	2 155 000
Total Retained Equity	1 774 000	1 888 000	1 848 000	1 736 000
Total Equity	1 874 000	1 988 000	1 948 000	1 836 000
Total Long-Term Debt	391 000	391 000	0	276 000
Total Current Debt	95 000	255 000	178 000	43 000
Total Equity and Debt	2 360 000	2 633 000	2 126 000	2 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	38 000
Other Income	427 000	1 085 000	1 874 000	1 119 000
Revenue	427 000	1 085 000	1 874 000	1 157 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	539 000	1 031 000	1 729 000	1 123 000
Operating Profit	−112 000	54 000	145 000	34 000
Financial Income	0	0	1 000	1 000
Financial Costs	14 000	3 000	2 000	0
Financial Balance	−14 000	−3 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	−114 000	40 000	112 000	28 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	244 000	843 000	843 000	1 765 000
Total Fixed Assets	244 000	843 000	843 000	1 765 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	4 000	9 000	108 000
Total Current Assets	2 116 000	1 791 000	1 283 000	390 000
Total Assets	2 360 000	2 633 000	2 126 000	2 155 000
Total Equity	1 874 000	1 988 000	1 948 000	1 836 000
Short-Term Group Debt	0	0	0	35 000
Total Long-Term Debt	391 000	391 000	0	276 000
Creditors	95 000	202 000	137 000	6 000
Unpaid Taxes	0	17 000	9 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	24 000	0	0
Total Current Debt	95 000	255 000	178 000	43 000
Total Equity and Debt	2 360 000	2 633 000	2 126 000	2 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,08 %	2,01 %	5,75 %	1,53 %
Debt-to-Equity Ratio	0,21	0,2	0	0,15
Operating Profit Margin	−26,23 %	4,98 %	7,74 %	2,94 %
Current Ratio	22,27	7,02	7,21	9,07
Quick Ratio	22,27	7,02	7,21	9,07
Equity Ratio	0,79	0,76	0,92	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %