TOP SPEED AUTO AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

25,73 %

Current Ratio

3,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 086 000	4 270 000	3 459 000	3 155 000
Net Income	290 000	765 000	471 000	205 000
Total Assets	1 542 000	1 442 000	662 000	449 000
Total Equity	1 127 000	837 000	72 000	−399 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 086 000	4 270 000	3 459 000	3 155 000
Expenditure	3 710 000	3 288 000	2 853 000	3 069 000
Operating Profit	377 000	981 000	606 000	86 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	1 000	2 000	1 000
Financial Balance	−2 000	−1 000	−2 000	−1 000
Earnings Before Tax	375 000	981 000	604 000	85 000
Tax	84 000	216 000	133 000	−119 000
Net Income	290 000	765 000	471 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	168 000	210 000	382 000
Total Current Assets	1 388 000	1 274 000	452 000	67 000
Total Assets	1 542 000	1 442 000	662 000	449 000
Total Retained Equity	1 093 000	803 000	38 000	−434 000
Total Equity	1 127 000	837 000	72 000	−399 000
Total Long-Term Debt	5 000	6 000	8 000	0
Total Current Debt	409 000	599 000	582 000	849 000
Total Equity and Debt	1 542 000	1 442 000	662 000	449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 085 000	4 267 000	3 459 000	3 155 000
Other Income	2 000	3 000	0	0
Revenue	4 086 000	4 270 000	3 459 000	3 155 000
Cost of Goods Sold	1 124 000	1 109 000	802 000	1 128 000
Salary Costs	1 606 000	1 632 000	1 496 000	1 489 000
Depreciation	34 000	42 000	53 000	58 000
Impairment	0	0	0	0
Expenditure	3 710 000	3 288 000	2 853 000	3 069 000
Operating Profit	377 000	981 000	606 000	86 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	1 000	2 000	1 000
Financial Balance	−2 000	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	290 000	765 000	471 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	71 000	89 000	111 000	139 000
Fixtures	63 000	79 000	99 000	124 000
Total Tangible Assets	135 000	168 000	210 000	263 000
Total Fiancial Fixed Assets	19 000	0	0	0
Total Fixed Assets	154 000	168 000	210 000	382 000
Stock	272 000	237 000	172 000	0
Total Investments	0	0	0	0
Cash, Bank	1 020 000	977 000	202 000	67 000
Total Current Assets	1 388 000	1 274 000	452 000	67 000
Total Assets	1 542 000	1 442 000	662 000	449 000
Total Equity	1 127 000	837 000	72 000	−399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	6 000	8 000	0
Creditors	16 000	5 000	−25 000	6 000
Unpaid Taxes	162 000	191 000	154 000	121 000
Dividends	0	0	0	0
Other Current Debt	145 000	185 000	448 000	722 000
Total Current Debt	409 000	599 000	582 000	849 000
Total Equity and Debt	1 542 000	1 442 000	662 000	449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,73 %	91,4 %	654,17 %	−51,38 %
Debt-to-Equity Ratio	0	0,01	0,11	−0
Operating Profit Margin	9,23 %	22,97 %	17,52 %	2,73 %
Current Ratio	3,39	2,13	0,78	0,08
Quick Ratio	10,13	3,52	1,1	0,08
Equity Ratio	0,73	0,58	0,11	−0,89
Gross Profit Margin	72,49 %	74,03 %	76,81 %	64,25 %