SPARK MOTORSPORT AS

1488 HAKADAL

Finances

Share Ownership

Return on Equity

166,94 %

Current Ratio

0,49

Debt-to-Equity Ratio

−1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 133 000	1 835 000	901 000	542 000
Net Income	−202 000	42 000	85 000	−32 000
Total Assets	744 000	453 000	259 000	121 000
Total Equity	−121 000	81 000	7 000	−78 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 133 000	1 835 000	901 000	542 000
Expenditure	2 326 000	1 793 000	816 000	559 000
Operating Profit	−194 000	42 000	86 000	−17 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	1 000	15 000
Financial Balance	−8 000	0	−1 000	−15 000
Earnings Before Tax	−202 000	42 000	85 000	−32 000
Tax	0	0	0	0
Net Income	−202 000	42 000	85 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	396 000	207 000	94 000	86 000
Total Current Assets	348 000	246 000	165 000	36 000
Total Assets	744 000	453 000	259 000	121 000
Total Retained Equity	−151 000	51 000	−23 000	−108 000
Total Equity	−121 000	81 000	7 000	−78 000
Total Long-Term Debt	161 000	−53 000	−53 000	109 000
Total Current Debt	704 000	425 000	306 000	91 000
Total Equity and Debt	744 000	453 000	259 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 097 000	1 829 000	908 000	542 000
Other Income	36 000	6 000	−7 000	0
Revenue	2 133 000	1 835 000	901 000	542 000
Cost of Goods Sold	128 000	123 000	14 000	19 000
Salary Costs	1 061 000	831 000	286 000	93 000
Depreciation	156 000	58 000	31 000	64 000
Impairment	0	0	10 000	0
Expenditure	2 326 000	1 793 000	816 000	559 000
Operating Profit	−194 000	42 000	86 000	−17 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	1 000	15 000
Financial Balance	−8 000	0	−1 000	−15 000
Dividends	0	0	0	0
Net Income	−202 000	42 000	85 000	−32 000

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	125 000	72 000	71 000	0
Fixtures	219 000	135 000	23 000	86 000
Total Tangible Assets	344 000	207 000	94 000	86 000
Total Fiancial Fixed Assets	52 000	0	0	0
Total Fixed Assets	396 000	207 000	94 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	114 000	72 000	4 000
Total Current Assets	348 000	246 000	165 000	36 000
Total Assets	744 000	453 000	259 000	121 000
Total Equity	−121 000	81 000	7 000	−78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	161 000	−53 000	−53 000	109 000
Creditors	54 000	41 000	72 000	5 000
Unpaid Taxes	59 000	42 000	7 000	1 000
Dividends	0	0	0	0
Other Current Debt	591 000	342 000	226 000	85 000
Total Current Debt	704 000	425 000	306 000	91 000
Total Equity and Debt	744 000	453 000	259 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,94 %	51,85 %	1 214,29 %	41,03 %
Debt-to-Equity Ratio	−1,33	−0,65	−7,57	−1,4
Operating Profit Margin	−9,1 %	2,29 %	9,54 %	−3,14 %
Current Ratio	0,49	0,58	0,54	0,4
Quick Ratio	0,49	0,58	0,54	0,4
Equity Ratio	−0,16	0,18	0,03	−0,64
Gross Profit Margin	94 %	93,3 %	98,45 %	96,49 %