KY DRIFT AS

2690 SKJÅK

Finances

Share Ownership

Return on Equity

736,36 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	852 000	492 000	398 000	91 000
Net Income	−81 000	−129 000	−48 000	−63 000
Total Assets	482 000	310 000	280 000	277 000
Total Equity	−11 000	70 000	235 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	852 000	492 000	398 000	91 000
Expenditure	932 000	610 000	435 000	149 000
Operating Profit	−80 000	−118 000	−38 000	−59 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	11 000	11 000	3 000
Financial Balance	−2 000	−11 000	−11 000	−3 000
Earnings Before Tax	−82 000	−129 000	−48 000	−62 000
Tax	−2 000	0	0	2 000
Net Income	−81 000	−129 000	−48 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 000	258 000	267 000	267 000
Total Current Assets	233 000	52 000	14 000	10 000
Total Assets	482 000	310 000	280 000	277 000
Total Retained Equity	−123 000	−42 000	−75 000	−75 000
Total Equity	−11 000	70 000	235 000	247 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	492 000	240 000	45 000	29 000
Total Equity and Debt	482 000	310 000	280 000	277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	852 000	385 000	398 000	6 000
Other Income	0	107 000	0	85 000
Revenue	852 000	492 000	398 000	91 000
Cost of Goods Sold	0	195 000	153 000	20 000
Salary Costs	757 000	116 000	74 000	0
Depreciation	11 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	932 000	610 000	435 000	149 000
Operating Profit	−80 000	−118 000	−38 000	−59 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	11 000	11 000	3 000
Financial Balance	−2 000	−11 000	−11 000	−3 000
Dividends	0	0	0	0
Net Income	−81 000	−129 000	−48 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	245 000	256 000	267 000	267 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	2 000	0	0
Total Tangible Assets	247 000	258 000	267 000	267 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	249 000	258 000	267 000	267 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	14 000	39 000	4 000	0
Total Current Assets	233 000	52 000	14 000	10 000
Total Assets	482 000	310 000	280 000	277 000
Total Equity	−11 000	70 000	235 000	247 000
Short-Term Group Debt	430 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−5 000	200 000	0	0
Unpaid Taxes	246 000	28 000	11 000	11 000
Dividends	0	0	0	0
Other Current Debt	−178 000	12 000	34 000	18 000
Total Current Debt	492 000	240 000	45 000	29 000
Total Equity and Debt	482 000	310 000	280 000	277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	736,36 %	−184,29 %	−20,43 %	−25,51 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−9,39 %	−23,98 %	−9,55 %	−64,84 %
Current Ratio	0,47	0,22	0,31	0,34
Quick Ratio	0,48	0,23	0,4	0,53
Equity Ratio	−0,02	0,23	0,84	0,89
Gross Profit Margin	100 %	60,37 %	61,56 %	78,02 %