SOLTUN RACING AS

1358 JAR

Finances

Share Ownership

Return on Equity

−60,14 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	611 000	544 000	517 000	685 000
Net Income	83 000	19 000	−40 000	−59 000
Total Assets	342 000	588 000	345 000	205 000
Total Equity	−138 000	−221 000	−241 000	−201 000

Income (NOK)	2022	2021	2020	2019
Revenue	611 000	544 000	517 000	685 000
Expenditure	512 000	519 000	562 000	756 000
Operating Profit	107 000	26 000	−45 000	−71 000
Financial Income	0	0	0	0
Financial Costs	0	0	6 000	4 000
Financial Balance	0	0	−6 000	−4 000
Earnings Before Tax	107 000	26 000	−51 000	−75 000
Tax	23 000	6 000	−11 000	−16 000
Net Income	83 000	19 000	−40 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	83 000	89 000	78 000
Total Current Assets	283 000	506 000	256 000	128 000
Total Assets	342 000	588 000	345 000	205 000
Total Retained Equity	−168 000	−251 000	−271 000	−231 000
Total Equity	−138 000	−221 000	−241 000	−201 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	481 000	810 000	585 000	356 000
Total Equity and Debt	342 000	588 000	345 000	205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	611 000	544 000	517 000	685 000
Other Income	0	0	0	0
Revenue	611 000	544 000	517 000	685 000
Cost of Goods Sold	333 000	326 000	301 000	411 000
Salary Costs	−73 000	−71 000	−3 000	38 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	512 000	519 000	562 000	756 000
Operating Profit	107 000	26 000	−45 000	−71 000
Financial Income	0	0	0	0
Financial Costs	0	0	6 000	4 000
Financial Balance	0	0	−6 000	−4 000
Dividends	0	0	0	0
Net Income	83 000	19 000	−40 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	83 000	89 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	59 000	83 000	89 000	78 000
Stock	47 000	40 000	40 000	50 000
Total Investments	0	0	0	0
Cash, Bank	202 000	182 000	53 000	52 000
Total Current Assets	283 000	506 000	256 000	128 000
Total Assets	342 000	588 000	345 000	205 000
Total Equity	−138 000	−221 000	−241 000	−201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	86 000	104 000	88 000	41 000
Unpaid Taxes	33 000	5 000	5 000	13 000
Dividends	0	0	0	0
Other Current Debt	361 000	701 000	493 000	302 000
Total Current Debt	481 000	810 000	585 000	356 000
Total Equity and Debt	342 000	588 000	345 000	205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,14 %	−8,6 %	16,6 %	29,35 %
Debt-to-Equity Ratio	−0	−0	−0	−0,25
Operating Profit Margin	17,51 %	4,78 %	−8,7 %	−10,36 %
Current Ratio	0,59	0,62	0,44	0,36
Quick Ratio	0,65	0,66	0,47	0,42
Equity Ratio	−0,4	−0,38	−0,7	−0,98
Gross Profit Margin	45,5 %	40,07 %	41,78 %	40 %