DRØNNEN GARD AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

20,43 %

Current Ratio

Debt-to-Equity Ratio

−5,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	65 000	280 000	151 000
Net Income	−132 000	−114 000	53 000	−145 000
Total Assets	2 717 000	2 708 000	2 705 000	2 752 000
Total Equity	−646 000	−514 000	−400 000	−853 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	65 000	280 000	151 000
Expenditure	76 000	76 000	59 000	104 000
Operating Profit	−11 000	−10 000	222 000	47 000
Financial Income	0	0	0	0
Financial Costs	159 000	135 000	154 000	226 000
Financial Balance	−159 000	−135 000	−154 000	−226 000
Earnings Before Tax	−170 000	−146 000	68 000	−179 000
Tax	−37 000	−32 000	15 000	−35 000
Net Income	−132 000	−114 000	53 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 717 000	2 707 000	2 703 000	2 752 000
Total Current Assets	0	0	2 000	0
Total Assets	2 717 000	2 708 000	2 705 000	2 752 000
Total Retained Equity	−1 465 000	−1 333 000	−1 219 000	−1 272 000
Total Equity	−646 000	−514 000	−400 000	−853 000
Total Long-Term Debt	3 258 000	3 116 000	2 960 000	3 119 000
Total Current Debt	106 000	106 000	146 000	486 000
Total Equity and Debt	2 717 000	2 708 000	2 705 000	2 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	65 000	65 000	280 000	151 000
Revenue	65 000	65 000	280 000	151 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	34 000	35 000
Impairment	0	0	0	0
Expenditure	76 000	76 000	59 000	104 000
Operating Profit	−11 000	−10 000	222 000	47 000
Financial Income	0	0	0	0
Financial Costs	159 000	135 000	154 000	226 000
Financial Balance	−159 000	−135 000	−154 000	−226 000
Dividends	0	0	0	0
Net Income	−132 000	−114 000	53 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	410 000	373 000	341 000	356 000
Real Eastate	2 306 000	2 332 000	2 358 000	2 384 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	3 000	4 000	12 000
Total Tangible Assets	2 307 000	2 334 000	2 362 000	2 396 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 717 000	2 707 000	2 703 000	2 752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	2 000	0
Total Current Assets	0	0	2 000	0
Total Assets	2 717 000	2 708 000	2 705 000	2 752 000
Total Equity	−646 000	−514 000	−400 000	−853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 258 000	3 116 000	2 960 000	3 119 000
Creditors	101 000	101 000	137 000	198 000
Unpaid Taxes	0	4 000	9 000	4 000
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	283 000
Total Current Debt	106 000	106 000	146 000	486 000
Total Equity and Debt	2 717 000	2 708 000	2 705 000	2 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,43 %	22,18 %	−13,25 %	17 %
Debt-to-Equity Ratio	−5,04	−6,06	−7,4	−3,66
Operating Profit Margin	−16,92 %	−15,38 %	79,29 %	31,13 %
Current Ratio	0	0	0,01	0
Quick Ratio	0	0	0,01	0
Equity Ratio	−0,24	−0,19	−0,15	−0,31
Gross Profit Margin	100 %	100 %	100 %	100 %