SAIL RACING AS

1176 OSLO

Finances

Share Ownership

Return on Equity

27,34 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 681 000	11 626 000	6 857 000	5 543 000
Net Income	509 000	1 148 000	106 000	78 000
Total Assets	6 243 000	7 142 000	6 895 000	5 244 000
Total Equity	1 862 000	1 353 000	205 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 681 000	11 626 000	6 857 000	5 543 000
Expenditure	10 267 000	10 563 000	5 990 000	5 383 000
Operating Profit	414 000	1 064 000	868 000	160 000
Financial Income	256 000	429 000	148 000	−66 000
Financial Costs	17 000	22 000	880 000	−13 000
Financial Balance	239 000	407 000	−732 000	−53 000
Earnings Before Tax	653 000	1 472 000	136 000	107 000
Tax	144 000	324 000	30 000	29 000
Net Income	509 000	1 148 000	106 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	276 000	435 000	563 000
Total Current Assets	6 083 000	6 866 000	6 459 000	4 681 000
Total Assets	6 243 000	7 142 000	6 895 000	5 244 000
Total Retained Equity	1 832 000	1 323 000	175 000	68 000
Total Equity	1 862 000	1 353 000	205 000	98 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 381 000	5 789 000	6 690 000	5 146 000
Total Equity and Debt	6 243 000	7 142 000	6 895 000	5 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 681 000	11 626 000	6 857 000	5 543 000
Other Income	0	0	0	0
Revenue	10 681 000	11 626 000	6 857 000	5 543 000
Cost of Goods Sold	6 194 000	5 740 000	3 185 000	4 063 000
Salary Costs	49 000	368 000	0	0
Depreciation	133 000	133 000	133 000	133 000
Impairment	0	0	0	0
Expenditure	10 267 000	10 563 000	5 990 000	5 383 000
Operating Profit	414 000	1 064 000	868 000	160 000
Financial Income	256 000	429 000	148 000	−66 000
Financial Costs	17 000	22 000	880 000	−13 000
Financial Balance	239 000	407 000	−732 000	−53 000
Dividends	0	0	0	0
Net Income	509 000	1 148 000	106 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	10 000	37 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	133 000	265 000	398 000	531 000
Total Tangible Assets	133 000	265 000	398 000	531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	276 000	435 000	563 000
Stock	152 000	386 000	547 000	333 000
Total Investments	0	0	0	0
Cash, Bank	2 787 000	3 105 000	2 604 000	773 000
Total Current Assets	6 083 000	6 866 000	6 459 000	4 681 000
Total Assets	6 243 000	7 142 000	6 895 000	5 244 000
Total Equity	1 862 000	1 353 000	205 000	98 000
Short-Term Group Debt	1 942 000	3 462 000	5 574 000	4 064 000
Total Long-Term Debt	0	0	0	0
Creditors	553 000	239 000	312 000	779 000
Unpaid Taxes	175 000	321 000	152 000	130 000
Dividends	0	0	0	0
Other Current Debt	1 551 000	1 471 000	617 000	172 000
Total Current Debt	4 381 000	5 789 000	6 690 000	5 146 000
Total Equity and Debt	6 243 000	7 142 000	6 895 000	5 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	84,85 %	51,71 %	79,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,88 %	9,15 %	12,66 %	2,89 %
Current Ratio	1,39	1,19	0,97	0,91
Quick Ratio	1,44	1,27	1,05	0,97
Equity Ratio	0,3	0,19	0,03	0,02
Gross Profit Margin	42,01 %	50,63 %	53,55 %	26,7 %