SPEEDPRODUCTS AS

1383 ASKER

Finances

Return on Equity

−109,27 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 168 000	12 948 000	10 738 000	11 767 000
Net Income	−908 000	762 000	668 000	−380 000
Total Assets	3 196 000	4 851 000	3 936 000	2 703 000
Total Equity	831 000	1 739 000	976 000	309 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 168 000	12 948 000	10 738 000	11 767 000
Expenditure	7 820 000	11 868 000	9 890 000	12 003 000
Operating Profit	−652 000	1 080 000	848 000	−235 000
Financial Income	45 000	63 000	227 000	56 000
Financial Costs	301 000	133 000	303 000	202 000
Financial Balance	−256 000	−70 000	−76 000	−146 000
Earnings Before Tax	−908 000	1 010 000	771 000	−381 000
Tax	0	248 000	103 000	−1 000
Net Income	−908 000	762 000	668 000	−380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	77 000	95 000	125 000
Total Current Assets	3 136 000	4 774 000	3 841 000	2 578 000
Total Assets	3 196 000	4 851 000	3 936 000	2 703 000
Total Retained Equity	731 000	1 639 000	876 000	209 000
Total Equity	831 000	1 739 000	976 000	309 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 366 000	3 112 000	2 959 000	2 394 000
Total Equity and Debt	3 196 000	4 851 000	3 936 000	2 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 168 000	12 948 000	10 738 000	11 767 000
Other Income	0	0	0	0
Revenue	7 168 000	12 948 000	10 738 000	11 767 000
Cost of Goods Sold	5 865 000	9 806 000	8 429 000	9 684 000
Salary Costs	1 493 000	1 559 000	960 000	1 739 000
Depreciation	17 000	18 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	7 820 000	11 868 000	9 890 000	12 003 000
Operating Profit	−652 000	1 080 000	848 000	−235 000
Financial Income	45 000	63 000	227 000	56 000
Financial Costs	301 000	133 000	303 000	202 000
Financial Balance	−256 000	−70 000	−76 000	−146 000
Dividends	0	0	0	0
Net Income	−908 000	762 000	668 000	−380 000

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	17 000	35 000	53 000
Total Tangible Assets	0	17 000	35 000	53 000
Total Fiancial Fixed Assets	61 000	60 000	60 000	72 000
Total Fixed Assets	61 000	77 000	95 000	125 000
Stock	2 626 000	1 908 000	1 424 000	777 000
Total Investments	0	0	0	0
Cash, Bank	460 000	2 122 000	1 254 000	929 000
Total Current Assets	3 136 000	4 774 000	3 841 000	2 578 000
Total Assets	3 196 000	4 851 000	3 936 000	2 703 000
Total Equity	831 000	1 739 000	976 000	309 000
Short-Term Group Debt	33 000	0	0	197 000
Total Long-Term Debt	0	0	0	0
Creditors	1 735 000	2 330 000	2 164 000	1 696 000
Unpaid Taxes	208 000	357 000	598 000	342 000
Dividends	0	0	0	0
Other Current Debt	390 000	177 000	94 000	158 000
Total Current Debt	2 366 000	3 112 000	2 959 000	2 394 000
Total Equity and Debt	3 196 000	4 851 000	3 936 000	2 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−109,27 %	43,82 %	68,44 %	−122,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,1 %	8,34 %	7,9 %	−2 %
Current Ratio	1,33	1,53	1,3	1,08
Quick Ratio	−12,06	3,97	2,5	1,59
Equity Ratio	0,26	0,36	0,25	0,11
Gross Profit Margin	18,18 %	24,27 %	21,5 %	17,7 %