F T DRIFT AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

11,11 %

Current Ratio

9,39

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 202 000	958 000	1 421 000	1 575 000
Net Income	202 000	−108 000	246 000	204 000
Total Assets	3 043 000	2 902 000	2 834 000	2 220 000
Total Equity	1 819 000	1 617 000	1 725 000	1 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 202 000	958 000	1 421 000	1 575 000
Expenditure	922 000	1 072 000	1 093 000	1 298 000
Operating Profit	279 000	−114 000	328 000	278 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	23 000	24 000	14 000	10 000
Financial Balance	−21 000	−24 000	−13 000	−9 000
Earnings Before Tax	258 000	−138 000	315 000	269 000
Tax	57 000	−30 000	69 000	65 000
Net Income	202 000	−108 000	246 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 132 000	2 548 000	2 391 000	1 728 000
Total Current Assets	911 000	354 000	443 000	492 000
Total Assets	3 043 000	2 902 000	2 834 000	2 220 000
Total Retained Equity	1 619 000	1 417 000	1 525 000	1 509 000
Total Equity	1 819 000	1 617 000	1 725 000	1 709 000
Total Long-Term Debt	1 127 000	1 230 000	921 000	332 000
Total Current Debt	97 000	54 000	188 000	179 000
Total Equity and Debt	3 043 000	2 902 000	2 834 000	2 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	606 000	958 000	1 123 000	1 575 000
Other Income	596 000	0	298 000	0
Revenue	1 202 000	958 000	1 421 000	1 575 000
Cost of Goods Sold	76 000	23 000	134 000	422 000
Salary Costs	0	0	0	0
Depreciation	508 000	534 000	377 000	347 000
Impairment	0	0	0	0
Expenditure	922 000	1 072 000	1 093 000	1 298 000
Operating Profit	279 000	−114 000	328 000	278 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	23 000	24 000	14 000	10 000
Financial Balance	−21 000	−24 000	−13 000	−9 000
Dividends	0	0	0	0
Net Income	202 000	−108 000	246 000	204 000

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	2 132 000	2 548 000	2 380 000	1 696 000
Fixtures	0	0	0	0
Total Tangible Assets	2 132 000	2 548 000	2 380 000	1 696 000
Total Fiancial Fixed Assets	0	0	11 000	32 000
Total Fixed Assets	2 132 000	2 548 000	2 391 000	1 728 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	781 000	12 000	0	122 000
Total Current Assets	911 000	354 000	443 000	492 000
Total Assets	3 043 000	2 902 000	2 834 000	2 220 000
Total Equity	1 819 000	1 617 000	1 725 000	1 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 127 000	1 230 000	921 000	332 000
Creditors	29 000	54 000	0	65 000
Unpaid Taxes	67 000	0	0	45 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	97 000	54 000	188 000	179 000
Total Equity and Debt	3 043 000	2 902 000	2 834 000	2 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	−6,68 %	14,26 %	11,94 %
Debt-to-Equity Ratio	0,62	0,76	0,53	0,19
Operating Profit Margin	23,21 %	−11,9 %	23,08 %	17,65 %
Current Ratio	9,39	6,56	2,36	2,75
Quick Ratio	9,39	6,56	2,36	2,75
Equity Ratio	0,6	0,56	0,61	0,77
Gross Profit Margin	93,68 %	97,6 %	90,57 %	73,21 %