NORDIC MOTORSPORT AS

3114 TØNSBERG

Finances

Share Ownership

Return on Equity

−557,14 %

Current Ratio

0,97

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	476 000	866 000	1 089 000	965 000
Net Income	78 000	−160 000	39 000	30 000
Total Assets	439 000	230 000	462 000	330 000
Total Equity	−14 000	−91 000	68 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	476 000	866 000	1 089 000	965 000
Expenditure	396 000	1 021 000	1 030 000	922 000
Operating Profit	81 000	−155 000	59 000	43 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	3 000	7 000	11 000	6 000
Financial Balance	−3 000	−5 000	−9 000	−5 000
Earnings Before Tax	78 000	−160 000	51 000	38 000
Tax	0	0	11 000	8 000
Net Income	78 000	−160 000	39 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	439 000	230 000	462 000	330 000
Total Assets	439 000	230 000	462 000	330 000
Total Retained Equity	−35 000	−113 000	47 000	19 000
Total Equity	−14 000	−91 000	68 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	453 000	321 000	394 000	290 000
Total Equity and Debt	439 000	230 000	462 000	330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	476 000	866 000	1 089 000	965 000
Other Income	0	0	0	0
Revenue	476 000	866 000	1 089 000	965 000
Cost of Goods Sold	301 000	558 000	787 000	651 000
Salary Costs	10 000	240 000	45 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	396 000	1 021 000	1 030 000	922 000
Operating Profit	81 000	−155 000	59 000	43 000
Financial Income	0	2 000	2 000	1 000
Financial Costs	3 000	7 000	11 000	6 000
Financial Balance	−3 000	−5 000	−9 000	−5 000
Dividends	0	0	0	0
Net Income	78 000	−160 000	39 000	30 000

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	28 000	28 000	28 000	28 000
Total Investments	0	0	0	0
Cash, Bank	318 000	203 000	372 000	247 000
Total Current Assets	439 000	230 000	462 000	330 000
Total Assets	439 000	230 000	462 000	330 000
Total Equity	−14 000	−91 000	68 000	40 000
Short-Term Group Debt	0	3 000	3 000	3 000
Total Long-Term Debt	0	0	0	0
Creditors	58 000	21 000	75 000	0
Unpaid Taxes	57 000	143 000	213 000	184 000
Dividends	0	0	0	0
Other Current Debt	178 000	147 000	82 000	96 000
Total Current Debt	453 000	321 000	394 000	290 000
Total Equity and Debt	439 000	230 000	462 000	330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−557,14 %	175,82 %	57,35 %	75 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	17,02 %	−17,9 %	5,42 %	4,46 %
Current Ratio	0,97	0,72	1,17	1,14
Quick Ratio	1,03	0,78	1,26	1,26
Equity Ratio	−0,03	−0,4	0,15	0,12
Gross Profit Margin	36,76 %	35,57 %	27,73 %	32,54 %