MOTOR DRIFT AS

1464 FJELLHAMAR

Finances

Return on Equity

2,58 %

Current Ratio

8,07

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 000	1 172 000	1 304 000	227 000
Net Income	56 000	52 000	7 000	11 000
Total Assets	2 538 000	2 313 000	2 055 000	2 166 000
Total Equity	2 170 000	2 114 000	2 062 000	2 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 000	1 172 000	1 304 000	227 000
Expenditure	353 000	1 103 000	1 397 000	210 000
Operating Profit	97 000	69 000	−93 000	17 000
Financial Income	0	3 000	164 000	0
Financial Costs	5 000	5 000	60 000	6 000
Financial Balance	−5 000	−2 000	104 000	−6 000
Earnings Before Tax	92 000	67 000	10 000	11 000
Tax	36 000	15 000	3 000	0
Net Income	56 000	52 000	7 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	388 000	200 000	1 536 000
Total Current Assets	2 195 000	1 926 000	1 855 000	630 000
Total Assets	2 538 000	2 313 000	2 055 000	2 166 000
Total Retained Equity	140 000	84 000	32 000	17 000
Total Equity	2 170 000	2 114 000	2 062 000	2 047 000
Total Long-Term Debt	96 000	54 000	71 000	120 000
Total Current Debt	272 000	145 000	−78 000	−13 000
Total Equity and Debt	2 538 000	2 313 000	2 055 000	2 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	286 000	1 162 000	1 304 000	227 000
Other Income	165 000	10 000	0	0
Revenue	451 000	1 172 000	1 304 000	227 000
Cost of Goods Sold	4 000	745 000	1 030 000	0
Salary Costs	0	0	0	0
Depreciation	32 000	45 000	62 000	86 000
Impairment	0	0	0	0
Expenditure	353 000	1 103 000	1 397 000	210 000
Operating Profit	97 000	69 000	−93 000	17 000
Financial Income	0	3 000	164 000	0
Financial Costs	5 000	5 000	60 000	6 000
Financial Balance	−5 000	−2 000	104 000	−6 000
Dividends	0	0	0	0
Net Income	56 000	52 000	7 000	11 000

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	90 000	122 000	167 000	229 000
Total Tangible Assets	90 000	122 000	167 000	229 000
Total Fiancial Fixed Assets	254 000	265 000	33 000	1 307 000
Total Fixed Assets	344 000	388 000	200 000	1 536 000
Stock	545 000	545 000	665 000	520 000
Total Investments	0	0	0	0
Cash, Bank	2 000	41 000	149 000	57 000
Total Current Assets	2 195 000	1 926 000	1 855 000	630 000
Total Assets	2 538 000	2 313 000	2 055 000	2 166 000
Total Equity	2 170 000	2 114 000	2 062 000	2 047 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	96 000	54 000	71 000	120 000
Creditors	5 000	1 000	−85 000	−8 000
Unpaid Taxes	2 000	−1 000	3 000	−20 000
Dividends	0	0	0	0
Other Current Debt	241 000	130 000	0	15 000
Total Current Debt	272 000	145 000	−78 000	−13 000
Total Equity and Debt	2 538 000	2 313 000	2 055 000	2 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,58 %	2,46 %	0,34 %	0,54 %
Debt-to-Equity Ratio	0,04	0,03	0,03	0,06
Operating Profit Margin	21,51 %	5,89 %	−7,13 %	7,49 %
Current Ratio	8,07	13,28	−23,78	−48,46
Quick Ratio	−8,04	−4,82	−2,5	−1,18
Equity Ratio	0,86	0,91	1	0,95
Gross Profit Margin	99,11 %	36,43 %	21,01 %	100 %