DRIVE NORGE AS

7234 LER

Finances

Share Ownership

Return on Equity

−63,63 %

Current Ratio

1,05

Debt-to-Equity Ratio

−2,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	19 575 000	17 977 000	19 776 000	16 610 000
Net Income	782 000	−175 000	−1 627 000	−3 805 000
Total Assets	4 181 000	3 390 000	2 908 000	3 842 000
Total Equity	−1 229 000	−2 011 000	−2 374 000	−2 446 000

Income (NOK)	2021	2020	2019	2018
Revenue	19 575 000	17 977 000	19 776 000	16 610 000
Expenditure	18 782 000	18 151 000	21 492 000	20 264 000
Operating Profit	793 000	−174 000	−1 715 000	−3 654 000
Financial Income	0	20 000	98 000	10 000
Financial Costs	11 000	21 000	10 000	161 000
Financial Balance	−11 000	−1 000	88 000	−151 000
Earnings Before Tax	782 000	−175 000	−1 627 000	−3 805 000
Tax	0	0	0	0
Net Income	782 000	−175 000	−1 627 000	−3 805 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 088 000	438 000	100 000	44 000
Total Current Assets	3 094 000	2 952 000	2 808 000	3 798 000
Total Assets	4 181 000	3 390 000	2 908 000	3 842 000
Total Retained Equity	−1 729 000	−2 511 000	−2 874 000	−2 946 000
Total Equity	−1 229 000	−2 011 000	−2 374 000	−2 446 000
Total Long-Term Debt	2 466 000	3 000 000	3 000 000	2 097 000
Total Current Debt	2 944 000	2 402 000	2 282 000	4 192 000
Total Equity and Debt	4 181 000	3 390 000	2 908 000	3 842 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 322 000	6 134 000	7 365 000	9 115 000
Other Income	15 253 000	11 843 000	12 411 000	7 495 000
Revenue	19 575 000	17 977 000	19 776 000	16 610 000
Cost of Goods Sold	1 996 000	490 000	39 000	107 000
Salary Costs	7 813 000	7 386 000	9 411 000	8 120 000
Depreciation	95 000	22 000	37 000	347 000
Impairment	0	0	0	0
Expenditure	18 782 000	18 151 000	21 492 000	20 264 000
Operating Profit	793 000	−174 000	−1 715 000	−3 654 000
Financial Income	0	20 000	98 000	10 000
Financial Costs	11 000	21 000	10 000	161 000
Financial Balance	−11 000	−1 000	88 000	−151 000
Dividends	0	0	0	0
Net Income	782 000	−175 000	−1 627 000	−3 805 000

Balance details (NOK)	2021	2020	2019	2018
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	695 000	46 000	7 000	44 000
Total Tangible Assets	695 000	46 000	7 000	44 000
Total Fiancial Fixed Assets	392 000	392 000	93 000	0
Total Fixed Assets	1 088 000	438 000	100 000	44 000
Stock	101 000	1 067 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 790 000	941 000	1 031 000	2 573 000
Total Current Assets	3 094 000	2 952 000	2 808 000	3 798 000
Total Assets	4 181 000	3 390 000	2 908 000	3 842 000
Total Equity	−1 229 000	−2 011 000	−2 374 000	−2 446 000
Short-Term Group Debt	0	69 000	69 000	0
Total Long-Term Debt	2 466 000	3 000 000	3 000 000	2 097 000
Creditors	860 000	328 000	532 000	526 000
Unpaid Taxes	420 000	361 000	467 000	709 000
Dividends	0	0	0	0
Other Current Debt	1 642 000	1 644 000	1 214 000	2 956 000
Total Current Debt	2 944 000	2 402 000	2 282 000	4 192 000
Total Equity and Debt	4 181 000	3 390 000	2 908 000	3 842 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−63,63 %	8,7 %	68,53 %	155,56 %
Debt-to-Equity Ratio	−2,01	−1,49	−1,26	−0,86
Operating Profit Margin	4,05 %	−0,97 %	−8,67 %	−22 %
Current Ratio	1,05	1,23	1,23	0,91
Quick Ratio	1,09	2,21	1,23	0,91
Equity Ratio	−0,29	−0,59	−0,82	−0,64
Gross Profit Margin	89,8 %	97,27 %	99,8 %	99,36 %