MOTORSPORT EVENT AS

1734 HAFSLUNDSØY

Finances

Share Ownership

Return on Equity

66,09 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	963 000	729 000	382 000	566 000
Net Income	−191 000	−135 000	−486 000	60 000
Total Assets	683 000	190 000	210 000	148 000
Total Equity	−289 000	−97 000	38 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	963 000	729 000	382 000	566 000
Expenditure	1 155 000	864 000	867 000	505 000
Operating Profit	−191 000	−135 000	−486 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−191 000	−135 000	−486 000	60 000
Tax	0	0	0	0
Net Income	−191 000	−135 000	−486 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	0	72 000	145 000
Total Current Assets	83 000	190 000	138 000	3 000
Total Assets	683 000	190 000	210 000	148 000
Total Retained Equity	−1 029 000	−837 000	−702 000	−216 000
Total Equity	−289 000	−97 000	38 000	124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	971 000	287 000	172 000	24 000
Total Equity and Debt	683 000	190 000	210 000	148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	41 000	73 000	516 000
Other Income	124 000	687 000	309 000	50 000
Revenue	963 000	729 000	382 000	566 000
Cost of Goods Sold	77 000	29 000	23 000	56 000
Salary Costs	531 000	68 000	145 000	0
Depreciation	0	72 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	1 155 000	864 000	867 000	505 000
Operating Profit	−191 000	−135 000	−486 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−191 000	−135 000	−486 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	600 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	72 000	145 000
Total Tangible Assets	600 000	0	72 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	600 000	0	72 000	145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	5 000	24 000	0
Total Current Assets	83 000	190 000	138 000	3 000
Total Assets	683 000	190 000	210 000	148 000
Total Equity	−289 000	−97 000	38 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	685 000	238 000	173 000	13 000
Unpaid Taxes	7 000	−24 000	−13 000	0
Dividends	0	0	0	0
Other Current Debt	279 000	73 000	13 000	11 000
Total Current Debt	971 000	287 000	172 000	24 000
Total Equity and Debt	683 000	190 000	210 000	148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,09 %	139,18 %	−1 278,95 %	48,39 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−19,83 %	−18,52 %	−127,23 %	10,6 %
Current Ratio	0,09	0,66	0,8	0,13
Quick Ratio	0,09	0,66	0,8	0,13
Equity Ratio	−0,42	−0,51	0,18	0,84
Gross Profit Margin	92 %	96,02 %	93,98 %	90,11 %