RACE TRACKER AS

4041 HAFRSFJORD

Finances

Share Ownership

Return on Equity

11,22 %

Current Ratio

0,95

Debt-to-Equity Ratio

−4,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 962 000	3 094 000	1 349 000	1 925 000
Net Income	−11 000	29 000	−446 000	4 000
Total Assets	937 000	722 000	929 000	2 682 000
Total Equity	−98 000	−87 000	−116 000	222 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 962 000	3 094 000	1 349 000	1 925 000
Expenditure	2 967 000	3 049 000	1 747 000	1 917 000
Operating Profit	−5 000	44 000	−397 000	9 000
Financial Income	13 000	21 000	17 000	8 000
Financial Costs	20 000	36 000	34 000	11 000
Financial Balance	−7 000	−15 000	−17 000	−3 000
Earnings Before Tax	−11 000	29 000	−414 000	6 000
Tax	0	0	32 000	1 000
Net Income	−11 000	29 000	−446 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	34 000	68 000	183 000
Total Current Assets	601 000	688 000	861 000	2 499 000
Total Assets	937 000	722 000	929 000	2 682 000
Total Retained Equity	−128 000	−117 000	−146 000	192 000
Total Equity	−98 000	−87 000	−116 000	222 000
Total Long-Term Debt	405 000	205 000	205 000	0
Total Current Debt	630 000	603 000	840 000	2 459 000
Total Equity and Debt	937 000	722 000	929 000	2 682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 962 000	2 351 000	1 165 000	1 925 000
Other Income	0	743 000	184 000	0
Revenue	2 962 000	3 094 000	1 349 000	1 925 000
Cost of Goods Sold	626 000	596 000	384 000	488 000
Salary Costs	863 000	591 000	239 000	442 000
Depreciation	133 000	45 000	119 000	136 000
Impairment	0	0	0	0
Expenditure	2 967 000	3 049 000	1 747 000	1 917 000
Operating Profit	−5 000	44 000	−397 000	9 000
Financial Income	13 000	21 000	17 000	8 000
Financial Costs	20 000	36 000	34 000	11 000
Financial Balance	−7 000	−15 000	−17 000	−3 000
Dividends	0	0	0	0
Net Income	−11 000	29 000	−446 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	325 000	23 000	68 000	151 000
Total Tangible Assets	325 000	23 000	68 000	151 000
Total Fiancial Fixed Assets	11 000	11 000	0	0
Total Fixed Assets	336 000	34 000	68 000	183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	432 000	806 000	2 340 000
Total Current Assets	601 000	688 000	861 000	2 499 000
Total Assets	937 000	722 000	929 000	2 682 000
Total Equity	−98 000	−87 000	−116 000	222 000
Short-Term Group Debt	0	0	2 000	0
Total Long-Term Debt	405 000	205 000	205 000	0
Creditors	17 000	244 000	102 000	300 000
Unpaid Taxes	9 000	16 000	2 000	15 000
Dividends	0	0	0	0
Other Current Debt	604 000	343 000	734 000	2 134 000
Total Current Debt	630 000	603 000	840 000	2 459 000
Total Equity and Debt	937 000	722 000	929 000	2 682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,22 %	−33,33 %	384,48 %	1,8 %
Debt-to-Equity Ratio	−4,13	−2,36	−1,77	0
Operating Profit Margin	−0,17 %	1,42 %	−29,43 %	0,47 %
Current Ratio	0,95	1,14	1,03	1,02
Quick Ratio	0,95	1,14	1,03	1,02
Equity Ratio	−0,1	−0,12	−0,12	0,08
Gross Profit Margin	78,87 %	80,74 %	71,53 %	74,65 %