FREDRIKSTAD MOTORSENTER AS

1623 GRESSVIK

Finances

Share Ownership

Return on Equity

62,81 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 344 000	6 146 000	6 207 000	7 951 000
Net Income	−201 000	−218 000	209 000	995 000
Total Assets	730 000	964 000	1 355 000	2 063 000
Total Equity	−320 000	−118 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 344 000	6 146 000	6 207 000	7 951 000
Expenditure	5 569 000	6 383 000	5 937 000	6 689 000
Operating Profit	−205 000	−231 000	253 000	1 262 000
Financial Income	7 000	18 000	16 000	15 000
Financial Costs	4 000	5 000	2 000	2 000
Financial Balance	3 000	13 000	14 000	13 000
Earnings Before Tax	−201 000	−218 000	268 000	1 275 000
Tax	0	0	59 000	280 000
Net Income	−201 000	−218 000	209 000	995 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	39 000	38 000	43 000
Total Current Assets	676 000	925 000	1 317 000	2 021 000
Total Assets	730 000	964 000	1 355 000	2 063 000
Total Retained Equity	−420 000	−218 000	0	0
Total Equity	−320 000	−118 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 050 000	1 082 000	1 255 000	1 963 000
Total Equity and Debt	730 000	964 000	1 355 000	2 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 283 000	6 142 000	6 189 000	7 941 000
Other Income	61 000	4 000	19 000	10 000
Revenue	5 344 000	6 146 000	6 207 000	7 951 000
Cost of Goods Sold	1 869 000	2 139 000	2 060 000	2 219 000
Salary Costs	2 383 000	2 807 000	2 659 000	3 226 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 569 000	6 383 000	5 937 000	6 689 000
Operating Profit	−205 000	−231 000	253 000	1 262 000
Financial Income	7 000	18 000	16 000	15 000
Financial Costs	4 000	5 000	2 000	2 000
Financial Balance	3 000	13 000	14 000	13 000
Dividends	0	0	209 000	995 000
Net Income	−201 000	−218 000	209 000	995 000

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	27 000	0	0	0
Total Tangible Assets	27 000	0	0	0
Total Fiancial Fixed Assets	28 000	39 000	38 000	43 000
Total Fixed Assets	54 000	39 000	38 000	43 000
Stock	62 000	42 000	36 000	53 000
Total Investments	0	0	0	0
Cash, Bank	337 000	506 000	833 000	1 585 000
Total Current Assets	676 000	925 000	1 317 000	2 021 000
Total Assets	730 000	964 000	1 355 000	2 063 000
Total Equity	−320 000	−118 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	24 000	0	24 000
Unpaid Taxes	238 000	297 000	238 000	387 000
Dividends	0	0	209 000	995 000
Other Current Debt	812 000	762 000	749 000	278 000
Total Current Debt	1 050 000	1 082 000	1 255 000	1 963 000
Total Equity and Debt	730 000	964 000	1 355 000	2 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,81 %	184,75 %	209 %	995 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−3,84 %	−3,76 %	4,08 %	15,87 %
Current Ratio	0,64	0,85	1,05	1,03
Quick Ratio	0,68	0,89	1,08	1,06
Equity Ratio	−0,44	−0,12	0,07	0,05
Gross Profit Margin	65,03 %	65,2 %	66,81 %	72,09 %