DROGVIN AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

−4,32 %

Current Ratio

0,98

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	105 000	0	15 024 000
Net Income	−203 000	−131 000	−33 000	11 585 000
Total Assets	14 352 000	15 062 000	12 812 000	15 255 000
Total Equity	4 698 000	6 816 000	7 948 000	10 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	105 000	0	15 024 000
Expenditure	247 000	184 000	43 000	114 000
Operating Profit	−67 000	−79 000	−43 000	14 910 000
Financial Income	0	0	0	0
Financial Costs	194 000	89 000	0	57 000
Financial Balance	−194 000	−89 000	0	−57 000
Earnings Before Tax	−261 000	−168 000	−43 000	14 852 000
Tax	−57 000	−37 000	−9 000	3 268 000
Net Income	−203 000	−131 000	−33 000	11 585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 756 000	10 856 000	6 006 000	6 006 000
Total Current Assets	3 596 000	4 206 000	6 806 000	9 249 000
Total Assets	14 352 000	15 062 000	12 812 000	15 255 000
Total Retained Equity	4 520 000	6 638 000	7 770 000	10 223 000
Total Equity	4 698 000	6 816 000	7 948 000	10 401 000
Total Long-Term Debt	5 995 000	6 331 000	1 940 000	2 432 000
Total Current Debt	3 658 000	1 914 000	2 925 000	2 422 000
Total Equity and Debt	14 352 000	15 062 000	12 812 000	15 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	180 000	105 000	0	15 024 000
Revenue	180 000	105 000	0	15 024 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	68 000	0	0
Impairment	0	0	0	0
Expenditure	247 000	184 000	43 000	114 000
Operating Profit	−67 000	−79 000	−43 000	14 910 000
Financial Income	0	0	0	0
Financial Costs	194 000	89 000	0	57 000
Financial Balance	−194 000	−89 000	0	−57 000
Dividends	1 500 000	1 000 000	1 000 000	0
Net Income	−203 000	−131 000	−33 000	11 585 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 750 000	4 850 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 750 000	4 850 000	0	0
Total Fiancial Fixed Assets	6 006 000	6 006 000	6 006 000	6 006 000
Total Fixed Assets	10 756 000	10 856 000	6 006 000	6 006 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	465 000	15 000	5 000	5 000
Total Current Assets	3 596 000	4 206 000	6 806 000	9 249 000
Total Assets	14 352 000	15 062 000	12 812 000	15 255 000
Total Equity	4 698 000	6 816 000	7 948 000	10 401 000
Short-Term Group Debt	1 057 000	525 000	1 821 000	2 400 000
Total Long-Term Debt	5 995 000	6 331 000	1 940 000	2 432 000
Creditors	40 000	8 000	21 000	1 000
Unpaid Taxes	0	0	0	2 000
Dividends	1 500 000	1 000 000	1 000 000	0
Other Current Debt	528 000	10 000	0	17 000
Total Current Debt	3 658 000	1 914 000	2 925 000	2 422 000
Total Equity and Debt	14 352 000	15 062 000	12 812 000	15 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,32 %	−1,92 %	−0,42 %	111,38 %
Debt-to-Equity Ratio	1,28	0,93	0,24	0,23
Operating Profit Margin	−37,22 %	−75,24 %	-	99,24 %
Current Ratio	0,98	2,2	2,33	3,82
Quick Ratio	0,98	2,2	2,33	3,82
Equity Ratio	0,33	0,45	0,62	0,68
Gross Profit Margin	100 %	100 %	-	100 %