DRIFT & PRODUKSJON AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

22,68 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 641 000	9 545 000	4 734 000	5 171 000
Net Income	452 000	332 000	259 000	127 000
Total Assets	5 230 000	6 259 000	4 019 000	2 625 000
Total Equity	1 993 000	1 541 000	1 209 000	950 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 641 000	9 545 000	4 734 000	5 171 000
Expenditure	11 783 000	9 080 000	4 236 000	4 873 000
Operating Profit	858 000	465 000	499 000	298 000
Financial Income	47 000	52 000	12 000	6 000
Financial Costs	326 000	92 000	178 000	141 000
Financial Balance	−279 000	−40 000	−166 000	−135 000
Earnings Before Tax	579 000	426 000	332 000	163 000
Tax	127 000	94 000	73 000	36 000
Net Income	452 000	332 000	259 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	869 000	1 149 000	1 615 000	748 000
Total Current Assets	4 361 000	5 110 000	2 405 000	1 877 000
Total Assets	5 230 000	6 259 000	4 019 000	2 625 000
Total Retained Equity	1 893 000	1 441 000	1 109 000	850 000
Total Equity	1 993 000	1 541 000	1 209 000	950 000
Total Long-Term Debt	354 000	1 575 000	860 000	1 103 000
Total Current Debt	2 884 000	3 142 000	1 950 000	571 000
Total Equity and Debt	5 230 000	6 259 000	4 019 000	2 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 641 000	9 545 000	4 734 000	5 171 000
Other Income	0	0	0	0
Revenue	12 641 000	9 545 000	4 734 000	5 171 000
Cost of Goods Sold	10 828 000	7 000 000	3 419 000	3 154 000
Salary Costs	0	0	0	0
Depreciation	404 000	457 000	429 000	324 000
Impairment	0	9 000	17 000	0
Expenditure	11 783 000	9 080 000	4 236 000	4 873 000
Operating Profit	858 000	465 000	499 000	298 000
Financial Income	47 000	52 000	12 000	6 000
Financial Costs	326 000	92 000	178 000	141 000
Financial Balance	−279 000	−40 000	−166 000	−135 000
Dividends	0	0	0	0
Net Income	452 000	332 000	259 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	801 000	1 149 000	1 615 000	748 000
Total Tangible Assets	801 000	1 149 000	1 615 000	748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	869 000	1 149 000	1 615 000	748 000
Stock	912 000	1 325 000	1 110 000	220 000
Total Investments	0	0	0	0
Cash, Bank	2 964 000	3 049 000	631 000	473 000
Total Current Assets	4 361 000	5 110 000	2 405 000	1 877 000
Total Assets	5 230 000	6 259 000	4 019 000	2 625 000
Total Equity	1 993 000	1 541 000	1 209 000	950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	354 000	1 575 000	860 000	1 103 000
Creditors	2 265 000	2 269 000	1 423 000	349 000
Unpaid Taxes	445 000	743 000	302 000	110 000
Dividends	0	0	0	0
Other Current Debt	19 000	7 000	150 000	43 000
Total Current Debt	2 884 000	3 142 000	1 950 000	571 000
Total Equity and Debt	5 230 000	6 259 000	4 019 000	2 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,68 %	21,54 %	21,42 %	13,37 %
Debt-to-Equity Ratio	0,18	1,02	0,71	1,16
Operating Profit Margin	6,79 %	4,87 %	10,54 %	5,76 %
Current Ratio	1,51	1,63	1,23	3,29
Quick Ratio	2,21	2,81	2,86	5,35
Equity Ratio	0,38	0,25	0,3	0,36
Gross Profit Margin	14,34 %	26,66 %	27,78 %	39,01 %