MODERN DESIGN DRIFT AS

4306 SANDNES

Finances

Return on Equity

31,42 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 591 000	7 976 000	7 695 000	7 563 000
Net Income	866 000	311 000	834 000	43 000
Total Assets	4 817 000	4 201 000	3 998 000	4 051 000
Total Equity	2 756 000	2 490 000	2 379 000	2 245 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 591 000	7 976 000	7 695 000	7 563 000
Expenditure	9 249 000	7 833 000	7 514 000	7 508 000
Operating Profit	342 000	143 000	181 000	56 000
Financial Income	600 000	200 000	702 000	1 000
Financial Costs	0	0	10 000	1 000
Financial Balance	600 000	200 000	692 000	0
Earnings Before Tax	942 000	343 000	873 000	56 000
Tax	76 000	33 000	39 000	13 000
Net Income	866 000	311 000	834 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 335 000	1 473 000	1 641 000	673 000
Total Current Assets	3 482 000	2 728 000	2 358 000	3 378 000
Total Assets	4 817 000	4 201 000	3 998 000	4 051 000
Total Retained Equity	2 653 000	2 387 000	2 276 000	2 142 000
Total Equity	2 756 000	2 490 000	2 379 000	2 245 000
Total Long-Term Debt	176 000	152 000	0	0
Total Current Debt	1 885 000	1 559 000	1 619 000	1 806 000
Total Equity and Debt	4 817 000	4 201 000	3 998 000	4 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 594 000	7 974 000	7 566 000	7 561 000
Other Income	−3 000	2 000	129 000	2 000
Revenue	9 591 000	7 976 000	7 695 000	7 563 000
Cost of Goods Sold	1 503 000	1 220 000	1 044 000	1 213 000
Salary Costs	4 849 000	3 958 000	3 956 000	3 892 000
Depreciation	196 000	190 000	74 000	11 000
Impairment	0	0	0	0
Expenditure	9 249 000	7 833 000	7 514 000	7 508 000
Operating Profit	342 000	143 000	181 000	56 000
Financial Income	600 000	200 000	702 000	1 000
Financial Costs	0	0	10 000	1 000
Financial Balance	600 000	200 000	692 000	0
Dividends	0	0	0	0
Net Income	866 000	311 000	834 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	30 000	40 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	526 000	706 000	881 000	27 000
Total Tangible Assets	526 000	706 000	881 000	27 000
Total Fiancial Fixed Assets	769 000	738 000	719 000	600 000
Total Fixed Assets	1 335 000	1 473 000	1 641 000	673 000
Stock	583 000	572 000	595 000	507 000
Total Investments	0	0	0	0
Cash, Bank	2 235 000	1 720 000	1 355 000	2 370 000
Total Current Assets	3 482 000	2 728 000	2 358 000	3 378 000
Total Assets	4 817 000	4 201 000	3 998 000	4 051 000
Total Equity	2 756 000	2 490 000	2 379 000	2 245 000
Short-Term Group Debt	40 000	24 000	152 000	331 000
Total Long-Term Debt	176 000	152 000	0	0
Creditors	246 000	527 000	520 000	592 000
Unpaid Taxes	650 000	594 000	526 000	525 000
Dividends	0	0	0	0
Other Current Debt	889 000	397 000	420 000	352 000
Total Current Debt	1 885 000	1 559 000	1 619 000	1 806 000
Total Equity and Debt	4 817 000	4 201 000	3 998 000	4 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,42 %	12,49 %	35,06 %	1,92 %
Debt-to-Equity Ratio	0,06	0,06	0	0
Operating Profit Margin	3,57 %	1,79 %	2,35 %	0,74 %
Current Ratio	1,85	1,75	1,46	1,87
Quick Ratio	2,67	2,76	2,3	2,6
Equity Ratio	0,57	0,59	0,6	0,55
Gross Profit Margin	84,33 %	84,7 %	86,43 %	83,96 %