HAGSTRØM MOTORSPORT AS

2166 OPPAKER

Finances

Share Ownership

Return on Equity

−290,91 %

Current Ratio

−9,44

Debt-to-Equity Ratio

7,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	365 000	359 000	214 000	217 000
Net Income	−32 000	−19 000	−27 000	−49 000
Total Assets	85 000	57 000	47 000	69 000
Total Equity	11 000	43 000	62 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	365 000	359 000	214 000	217 000
Expenditure	392 000	379 000	240 000	264 000
Operating Profit	−26 000	−19 000	−25 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	0	2 000	2 000
Financial Balance	−6 000	0	−2 000	−2 000
Earnings Before Tax	−32 000	−19 000	−27 000	−49 000
Tax	0	0	0	0
Net Income	−32 000	−19 000	−27 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	85 000	57 000	47 000	69 000
Total Assets	85 000	57 000	47 000	69 000
Total Retained Equity	−19 000	0	32 000	59 000
Total Equity	11 000	43 000	62 000	89 000
Total Long-Term Debt	82 000	40 000	0	0
Total Current Debt	−9 000	−26 000	−16 000	−20 000
Total Equity and Debt	85 000	57 000	47 000	69 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	365 000	359 000	214 000	217 000
Other Income	0	0	0	0
Revenue	365 000	359 000	214 000	217 000
Cost of Goods Sold	354 000	212 000	161 000	170 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	392 000	379 000	240 000	264 000
Operating Profit	−26 000	−19 000	−25 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	0	2 000	2 000
Financial Balance	−6 000	0	−2 000	−2 000
Dividends	0	0	0	0
Net Income	−32 000	−19 000	−27 000	−49 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	35 000	34 000	34 000
Total Investments	0	0	0	0
Cash, Bank	66 000	18 000	6 000	36 000
Total Current Assets	85 000	57 000	47 000	69 000
Total Assets	85 000	57 000	47 000	69 000
Total Equity	11 000	43 000	62 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	40 000	0	0
Creditors	1 000	0	15 000	14 000
Unpaid Taxes	−15 000	−31 000	0	−3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	−19 000
Total Current Debt	−9 000	−26 000	−16 000	−20 000
Total Equity and Debt	85 000	57 000	47 000	69 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−290,91 %	−44,19 %	−43,55 %	−55,06 %
Debt-to-Equity Ratio	7,45	0,93	0	0
Operating Profit Margin	−7,12 %	−5,29 %	−11,68 %	−21,66 %
Current Ratio	−9,44	−2,19	−2,94	−3,45
Quick Ratio	−9,44	−0,93	−0,94	−1,28
Equity Ratio	0,13	0,75	1,32	1,29
Gross Profit Margin	3,01 %	40,95 %	24,77 %	21,66 %