GT DRIFT AS

7653 VERDAL

Finances

Return on Equity

6,43 %

Current Ratio

9,95

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	144 000	144 000	144 000
Net Income	29 000	32 000	33 000	27 000
Total Assets	709 000	746 000	782 000	811 000
Total Equity	451 000	422 000	390 000	358 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	144 000	144 000	144 000
Expenditure	87 000	85 000	80 000	76 000
Operating Profit	57 000	59 000	64 000	68 000
Financial Income	0	0	0	0
Financial Costs	16 000	18 000	22 000	26 000
Financial Balance	−16 000	−18 000	−22 000	−26 000
Earnings Before Tax	40 000	41 000	42 000	42 000
Tax	12 000	10 000	9 000	15 000
Net Income	29 000	32 000	33 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	511 000	527 000	558 000	589 000
Total Current Assets	199 000	220 000	224 000	222 000
Total Assets	709 000	746 000	782 000	811 000
Total Retained Equity	251 000	222 000	190 000	158 000
Total Equity	451 000	422 000	390 000	358 000
Total Long-Term Debt	238 000	305 000	371 000	434 000
Total Current Debt	20 000	19 000	20 000	19 000
Total Equity and Debt	709 000	746 000	782 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	144 000	144 000	144 000	144 000
Revenue	144 000	144 000	144 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	31 000	31 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	87 000	85 000	80 000	76 000
Operating Profit	57 000	59 000	64 000	68 000
Financial Income	0	0	0	0
Financial Costs	16 000	18 000	22 000	26 000
Financial Balance	−16 000	−18 000	−22 000	−26 000
Dividends	0	0	0	0
Net Income	29 000	32 000	33 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	496 000	527 000	558 000	589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	496 000	527 000	558 000	589 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	511 000	527 000	558 000	589 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	220 000	224 000	222 000
Total Current Assets	199 000	220 000	224 000	222 000
Total Assets	709 000	746 000	782 000	811 000
Total Equity	451 000	422 000	390 000	358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	238 000	305 000	371 000	434 000
Creditors	3 000	2 000	4 000	3 000
Unpaid Taxes	5 000	6 000	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	20 000	19 000	20 000	19 000
Total Equity and Debt	709 000	746 000	782 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,43 %	7,58 %	8,46 %	7,54 %
Debt-to-Equity Ratio	0,53	0,72	0,95	1,21
Operating Profit Margin	39,58 %	40,97 %	44,44 %	47,22 %
Current Ratio	9,95	11,58	11,2	11,68
Quick Ratio	9,95	11,58	11,2	11,68
Equity Ratio	0,64	0,57	0,5	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %