LOTUS DRIFT AS

0154 OSLO

Finances

Share Ownership

Return on Equity

70,02 %

Current Ratio

2,51

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 925 000	7 745 000	6 918 000	11 946 000
Net Income	2 795 000	257 000	−102 000	655 000
Total Assets	7 250 000	6 032 000	4 286 000	5 233 000
Total Equity	3 992 000	2 497 000	2 240 000	2 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 925 000	7 745 000	6 918 000	11 946 000
Expenditure	16 224 000	7 235 000	7 025 000	11 074 000
Operating Profit	3 701 000	511 000	−107 000	872 000
Financial Income	0	0	1 000	3 000
Financial Costs	77 000	33 000	25 000	35 000
Financial Balance	−77 000	−33 000	−24 000	−32 000
Earnings Before Tax	3 624 000	478 000	−131 000	840 000
Tax	830 000	221 000	−28 000	186 000
Net Income	2 795 000	257 000	−102 000	655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	1 292 000	884 000	1 335 000
Total Current Assets	6 578 000	4 740 000	3 402 000	3 897 000
Total Assets	7 250 000	6 032 000	4 286 000	5 233 000
Total Retained Equity	3 962 000	2 467 000	2 210 000	2 313 000
Total Equity	3 992 000	2 497 000	2 240 000	2 343 000
Total Long-Term Debt	637 000	862 000	1 089 000	1 246 000
Total Current Debt	2 621 000	2 673 000	957 000	1 644 000
Total Equity and Debt	7 250 000	6 032 000	4 286 000	5 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 589 000	7 245 000	6 188 000	11 946 000
Other Income	337 000	499 000	730 000	0
Revenue	19 925 000	7 745 000	6 918 000	11 946 000
Cost of Goods Sold	9 006 000	3 081 000	482 000	958 000
Salary Costs	3 015 000	1 019 000	1 552 000	2 880 000
Depreciation	608 000	675 000	499 000	500 000
Impairment	0	0	0	0
Expenditure	16 224 000	7 235 000	7 025 000	11 074 000
Operating Profit	3 701 000	511 000	−107 000	872 000
Financial Income	0	0	1 000	3 000
Financial Costs	77 000	33 000	25 000	35 000
Financial Balance	−77 000	−33 000	−24 000	−32 000
Dividends	0	0	0	0
Net Income	2 795 000	257 000	−102 000	655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	58 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	553 000	1 132 000	827 000	1 325 000
Total Tangible Assets	553 000	1 132 000	827 000	1 325 000
Total Fiancial Fixed Assets	120 000	160 000	0	0
Total Fixed Assets	673 000	1 292 000	884 000	1 335 000
Stock	288 000	203 000	165 000	263 000
Total Investments	0	0	0	0
Cash, Bank	6 219 000	4 496 000	2 852 000	3 463 000
Total Current Assets	6 578 000	4 740 000	3 402 000	3 897 000
Total Assets	7 250 000	6 032 000	4 286 000	5 233 000
Total Equity	3 992 000	2 497 000	2 240 000	2 343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	637 000	862 000	1 089 000	1 246 000
Creditors	246 000	414 000	106 000	24 000
Unpaid Taxes	939 000	1 496 000	337 000	767 000
Dividends	0	0	0	0
Other Current Debt	606 000	599 000	439 000	637 000
Total Current Debt	2 621 000	2 673 000	957 000	1 644 000
Total Equity and Debt	7 250 000	6 032 000	4 286 000	5 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,02 %	10,29 %	−4,55 %	27,96 %
Debt-to-Equity Ratio	0,16	0,35	0,49	0,53
Operating Profit Margin	18,57 %	6,6 %	−1,55 %	7,3 %
Current Ratio	2,51	1,77	3,55	2,37
Quick Ratio	2,82	1,92	4,3	2,82
Equity Ratio	0,55	0,41	0,52	0,45
Gross Profit Margin	54,8 %	60,22 %	93,03 %	91,98 %