SPEED SERVICES AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

120,22 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 956 000	2 185 000	1 895 000	4 723 000
Net Income	1 118 000	−919 000	−991 000	364 000
Total Assets	2 004 000	817 000	819 000	2 247 000
Total Equity	930 000	−188 000	382 000	1 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 956 000	2 185 000	1 895 000	4 723 000
Expenditure	2 835 000	3 096 000	2 865 000	4 246 000
Operating Profit	1 120 000	−911 000	−971 000	477 000
Financial Income	0	9 000	10 000	7 000
Financial Costs	3 000	17 000	29 000	16 000
Financial Balance	−3 000	−8 000	−19 000	−9 000
Earnings Before Tax	1 118 000	−919 000	−990 000	469 000
Tax	0	0	0	105 000
Net Income	1 118 000	−919 000	−991 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	61 000	61 000	61 000
Total Current Assets	1 943 000	757 000	759 000	2 186 000
Total Assets	2 004 000	817 000	819 000	2 247 000
Total Retained Equity	−20 000	−1 138 000	−218 000	772 000
Total Equity	930 000	−188 000	382 000	1 372 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 074 000	1 005 000	438 000	875 000
Total Equity and Debt	2 004 000	817 000	819 000	2 247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 956 000	2 222 000	1 847 000	4 723 000
Other Income	0	−38 000	48 000	0
Revenue	3 956 000	2 185 000	1 895 000	4 723 000
Cost of Goods Sold	135 000	83 000	36 000	129 000
Salary Costs	1 065 000	941 000	861 000	1 070 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 835 000	3 096 000	2 865 000	4 246 000
Operating Profit	1 120 000	−911 000	−971 000	477 000
Financial Income	0	9 000	10 000	7 000
Financial Costs	3 000	17 000	29 000	16 000
Financial Balance	−3 000	−8 000	−19 000	−9 000
Dividends	0	0	0	0
Net Income	1 118 000	−919 000	−991 000	364 000

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	61 000	61 000	61 000	61 000
Total Fixed Assets	61 000	61 000	61 000	61 000
Stock	0	14 000	6 000	21 000
Total Investments	0	0	0	0
Cash, Bank	1 524 000	320 000	676 000	2 057 000
Total Current Assets	1 943 000	757 000	759 000	2 186 000
Total Assets	2 004 000	817 000	819 000	2 247 000
Total Equity	930 000	−188 000	382 000	1 372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	400 000	413 000	223 000	429 000
Unpaid Taxes	139 000	111 000	66 000	163 000
Dividends	0	0	0	0
Other Current Debt	535 000	482 000	148 000	179 000
Total Current Debt	1 074 000	1 005 000	438 000	875 000
Total Equity and Debt	2 004 000	817 000	819 000	2 247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	120,22 %	488,83 %	−259,42 %	26,53 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	28,31 %	−41,69 %	−51,24 %	10,1 %
Current Ratio	1,81	0,75	1,73	2,5
Quick Ratio	1,81	0,76	1,76	2,56
Equity Ratio	0,46	−0,23	0,47	0,61
Gross Profit Margin	96,59 %	96,2 %	98,1 %	97,27 %