LEERES MOTORSPORT AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

9,73 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 127 000	76 705 000	79 500 000	62 890 000
Net Income	1 401 000	2 692 000	2 278 000	1 271 000
Total Assets	33 361 000	26 088 000	26 299 000	24 902 000
Total Equity	14 400 000	11 876 000	11 683 000	11 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 127 000	76 705 000	79 500 000	62 890 000
Expenditure	63 294 000	73 269 000	76 520 000	61 303 000
Operating Profit	1 834 000	3 437 000	2 979 000	1 588 000
Financial Income	20 000	26 000	22 000	59 000
Financial Costs	57 000	10 000	79 000	15 000
Financial Balance	−37 000	16 000	−57 000	44 000
Earnings Before Tax	1 797 000	3 452 000	2 922 000	1 632 000
Tax	395 000	759 000	643 000	360 000
Net Income	1 401 000	2 692 000	2 278 000	1 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 317 000	1 373 000	901 000	653 000
Total Current Assets	32 044 000	24 715 000	25 398 000	24 249 000
Total Assets	33 361 000	26 088 000	26 299 000	24 902 000
Total Retained Equity	13 397 000	10 873 000	10 681 000	10 402 000
Total Equity	14 400 000	11 876 000	11 683 000	11 405 000
Total Long-Term Debt	648 000	658 000	325 000	7 000
Total Current Debt	18 313 000	13 554 000	14 292 000	13 490 000
Total Equity and Debt	33 361 000	26 088 000	26 299 000	24 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 920 000	75 863 000	78 828 000	62 577 000
Other Income	208 000	841 000	672 000	313 000
Revenue	65 127 000	76 705 000	79 500 000	62 890 000
Cost of Goods Sold	44 317 000	53 888 000	57 594 000	46 118 000
Salary Costs	12 848 000	12 722 000	11 842 000	9 592 000
Depreciation	223 000	192 000	164 000	136 000
Impairment	0	0	0	0
Expenditure	63 294 000	73 269 000	76 520 000	61 303 000
Operating Profit	1 834 000	3 437 000	2 979 000	1 588 000
Financial Income	20 000	26 000	22 000	59 000
Financial Costs	57 000	10 000	79 000	15 000
Financial Balance	−37 000	16 000	−57 000	44 000
Dividends	0	2 500 000	2 000 000	600 000
Net Income	1 401 000	2 692 000	2 278 000	1 271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	263 000	226 000	283 000	362 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 054 000	1 147 000	618 000	291 000
Total Tangible Assets	1 054 000	1 147 000	618 000	291 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 317 000	1 373 000	901 000	653 000
Stock	29 479 000	18 105 000	14 527 000	20 296 000
Total Investments	0	0	0	0
Cash, Bank	980 000	4 499 000	8 927 000	2 502 000
Total Current Assets	32 044 000	24 715 000	25 398 000	24 249 000
Total Assets	33 361 000	26 088 000	26 299 000	24 902 000
Total Equity	14 400 000	11 876 000	11 683 000	11 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	648 000	658 000	325 000	7 000
Creditors	11 728 000	7 063 000	6 372 000	6 816 000
Unpaid Taxes	792 000	1 017 000	1 120 000	553 000
Dividends	0	2 500 000	2 000 000	600 000
Other Current Debt	2 861 000	2 272 000	4 235 000	1 773 000
Total Current Debt	18 313 000	13 554 000	14 292 000	13 490 000
Total Equity and Debt	33 361 000	26 088 000	26 299 000	24 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,73 %	22,67 %	19,5 %	11,14 %
Debt-to-Equity Ratio	0,05	0,06	0,03	0
Operating Profit Margin	2,82 %	4,48 %	3,75 %	2,53 %
Current Ratio	1,75	1,82	1,78	1,8
Quick Ratio	−2,87	−5,43	−108,08	−3,56
Equity Ratio	0,43	0,46	0,44	0,46
Gross Profit Margin	31,95 %	29,75 %	27,55 %	26,67 %