ELON DRIFT AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

33,44 %

Current Ratio

2,24

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	2 342 000	20 466 000	27 588 000
Net Income	−1 305 000	143 000	−5 425 000	−232 000
Total Assets	911 000	5 268 000	7 453 000	11 370 000
Total Equity	−3 902 000	−2 597 000	−2 741 000	2 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	2 342 000	20 466 000	27 588 000
Expenditure	3 141 000	2 264 000	25 892 000	27 781 000
Operating Profit	−1 362 000	79 000	−5 426 000	−193 000
Financial Income	70 000	90 000	30 000	4 000
Financial Costs	13 000	25 000	29 000	43 000
Financial Balance	57 000	65 000	1 000	−39 000
Earnings Before Tax	−1 305 000	143 000	−5 425 000	−232 000
Tax	0	0	0	0
Net Income	−1 305 000	143 000	−5 425 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	4 462 000	5 848 000	1 057 000
Total Current Assets	868 000	806 000	1 604 000	10 313 000
Total Assets	911 000	5 268 000	7 453 000	11 370 000
Total Retained Equity	−19 655 000	−18 350 000	−18 494 000	−13 069 000
Total Equity	−3 902 000	−2 597 000	−2 741 000	2 684 000
Total Long-Term Debt	4 425 000	7 487 000	2 382 000	42 000
Total Current Debt	387 000	379 000	7 811 000	8 645 000
Total Equity and Debt	911 000	5 268 000	7 453 000	11 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	314 000	12 476 000	26 769 000
Other Income	1 727 000	2 028 000	7 990 000	819 000
Revenue	1 779 000	2 342 000	20 466 000	27 588 000
Cost of Goods Sold	−53 000	−2 000	17 231 000	19 115 000
Salary Costs	0	0	2 467 000	4 265 000
Depreciation	292 000	354 000	371 000	368 000
Impairment	0	0	0	0
Expenditure	3 141 000	2 264 000	25 892 000	27 781 000
Operating Profit	−1 362 000	79 000	−5 426 000	−193 000
Financial Income	70 000	90 000	30 000	4 000
Financial Costs	13 000	25 000	29 000	43 000
Financial Balance	57 000	65 000	1 000	−39 000
Dividends	0	0	0	0
Net Income	−1 305 000	143 000	−5 425 000	−232 000

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	42 000	333 000	686 000	1 057 000
Total Tangible Assets	42 000	333 000	686 000	1 057 000
Total Fiancial Fixed Assets	0	4 130 000	5 162 000	0
Total Fixed Assets	42 000	4 462 000	5 848 000	1 057 000
Stock	0	0	0	8 616 000
Total Investments	0	0	0	0
Cash, Bank	208 000	244 000	1 467 000	1 167 000
Total Current Assets	868 000	806 000	1 604 000	10 313 000
Total Assets	911 000	5 268 000	7 453 000	11 370 000
Total Equity	−3 902 000	−2 597 000	−2 741 000	2 684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 425 000	7 487 000	2 382 000	42 000
Creditors	360 000	101 000	5 350 000	6 308 000
Unpaid Taxes	0	0	1 652 000	502 000
Dividends	0	0	0	0
Other Current Debt	27 000	278 000	808 000	1 834 000
Total Current Debt	387 000	379 000	7 811 000	8 645 000
Total Equity and Debt	911 000	5 268 000	7 453 000	11 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,44 %	−5,51 %	197,92 %	−8,64 %
Debt-to-Equity Ratio	−1,13	−2,88	−0,87	0,02
Operating Profit Margin	−76,56 %	3,37 %	−26,51 %	−0,7 %
Current Ratio	2,24	2,13	0,21	1,19
Quick Ratio	2,24	2,13	0,21	355,62
Equity Ratio	−4,28	−0,49	−0,37	0,24
Gross Profit Margin	102,98 %	100,09 %	15,81 %	30,71 %