TB MOTORSPORT AS

3520 JEVNAKER

Finances

Share Ownership

Return on Equity

95 %

Current Ratio

0,42

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 630 000	799 000	343 000	483 000
Net Income	247 000	4 000	−42 000	−265 000
Total Assets	825 000	960 000	513 000	646 000
Total Equity	260 000	13 000	10 000	−246 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 630 000	799 000	343 000	483 000
Expenditure	2 367 000	796 000	386 000	748 000
Operating Profit	263 000	4 000	−42 000	−266 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Earnings Before Tax	255 000	4 000	−42 000	−265 000
Tax	8 000	0	0	0
Net Income	247 000	4 000	−42 000	−265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	730 000	680 000	487 000	501 000
Total Current Assets	95 000	280 000	26 000	146 000
Total Assets	825 000	960 000	513 000	646 000
Total Retained Equity	−57 000	−304 000	−307 000	−265 000
Total Equity	260 000	13 000	10 000	−246 000
Total Long-Term Debt	336 000	574 000	452 000	784 000
Total Current Debt	228 000	373 000	51 000	108 000
Total Equity and Debt	825 000	960 000	513 000	646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 562 000	792 000	272 000	478 000
Other Income	68 000	6 000	71 000	5 000
Revenue	2 630 000	799 000	343 000	483 000
Cost of Goods Sold	1 442 000	415 000	29 000	325 000
Salary Costs	6 000	12 000	0	2 000
Depreciation	245 000	205 000	146 000	125 000
Impairment	0	0	0	0
Expenditure	2 367 000	796 000	386 000	748 000
Operating Profit	263 000	4 000	−42 000	−266 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Dividends	0	0	0	0
Net Income	247 000	4 000	−42 000	−265 000

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	700 000	650 000	457 000	501 000
Total Tangible Assets	700 000	650 000	457 000	501 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	730 000	680 000	487 000	501 000
Stock	12 000	243 000	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	28 000	15 000	88 000
Total Current Assets	95 000	280 000	26 000	146 000
Total Assets	825 000	960 000	513 000	646 000
Total Equity	260 000	13 000	10 000	−246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	336 000	574 000	452 000	784 000
Creditors	183 000	313 000	51 000	108 000
Unpaid Taxes	36 000	20 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	228 000	373 000	51 000	108 000
Total Equity and Debt	825 000	960 000	513 000	646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95 %	30,77 %	−420 %	107,72 %
Debt-to-Equity Ratio	1,29	44,15	45,2	−3,19
Operating Profit Margin	10 %	0,5 %	−12,24 %	−55,07 %
Current Ratio	0,42	0,75	0,51	1,35
Quick Ratio	0,44	2,15	0,51	1,35
Equity Ratio	0,32	0,01	0,02	−0,38
Gross Profit Margin	45,17 %	48,06 %	91,55 %	32,71 %