EURO RALLY AS

4407 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

152,85 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 865 000	518 000	47 000	1 730 000
Net Income	590 000	−184 000	−93 000	205 000
Total Assets	3 805 000	1 787 000	2 099 000	903 000
Total Equity	386 000	−204 000	−20 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 865 000	518 000	47 000	1 730 000
Expenditure	2 192 000	701 000	152 000	1 516 000
Operating Profit	674 000	−184 000	−105 000	214 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	675 000	−184 000	−103 000	215 000
Tax	85 000	0	−10 000	10 000
Net Income	590 000	−184 000	−93 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 805 000	1 787 000	2 099 000	903 000
Total Assets	3 805 000	1 787 000	2 099 000	903 000
Total Retained Equity	356 000	−234 000	−50 000	43 000
Total Equity	386 000	−204 000	−20 000	73 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 419 000	1 991 000	2 119 000	830 000
Total Equity and Debt	3 805 000	1 787 000	2 099 000	903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 865 000	518 000	47 000	1 730 000
Other Income	0	0	0	0
Revenue	2 865 000	518 000	47 000	1 730 000
Cost of Goods Sold	1 761 000	482 000	49 000	1 229 000
Salary Costs	7 000	146 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 192 000	701 000	152 000	1 516 000
Operating Profit	674 000	−184 000	−105 000	214 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	590 000	−184 000	−93 000	205 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 783 000	1 021 000	1 399 000	711 000
Total Current Assets	3 805 000	1 787 000	2 099 000	903 000
Total Assets	3 805 000	1 787 000	2 099 000	903 000
Total Equity	386 000	−204 000	−20 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 327 000	1 990 000	2 119 000	820 000
Total Current Debt	3 419 000	1 991 000	2 119 000	830 000
Total Equity and Debt	3 805 000	1 787 000	2 099 000	903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	152,85 %	90,2 %	465 %	280,82 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	23,53 %	−35,52 %	−223,4 %	12,37 %
Current Ratio	1,11	0,9	0,99	1,09
Quick Ratio	1,11	0,9	0,99	1,09
Equity Ratio	0,1	−0,11	−0,01	0,08
Gross Profit Margin	38,53 %	6,95 %	−4,26 %	28,96 %