ALTA RACING SERVICE AS

9516 ALTA

Finances

Share Ownership

Return on Equity

−82,28 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 223 000	3 805 000	4 727 000	4 497 000
Net Income	−376 000	44 000	−334 000	239 000
Total Assets	2 991 000	2 681 000	2 891 000	2 407 000
Total Equity	457 000	833 000	789 000	1 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 223 000	3 805 000	4 727 000	4 497 000
Expenditure	4 474 000	3 655 000	5 123 000	4 141 000
Operating Profit	−251 000	149 000	−396 000	356 000
Financial Income	9 000	27 000	62 000	17 000
Financial Costs	133 000	133 000	100 000	60 000
Financial Balance	−124 000	−106 000	−38 000	−43 000
Earnings Before Tax	−376 000	44 000	−434 000	313 000
Tax	0	0	−100 000	74 000
Net Income	−376 000	44 000	−334 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	0	0	35 000
Total Current Assets	2 928 000	2 681 000	2 891 000	2 373 000
Total Assets	2 991 000	2 681 000	2 891 000	2 407 000
Total Retained Equity	427 000	803 000	759 000	1 093 000
Total Equity	457 000	833 000	789 000	1 123 000
Total Long-Term Debt	450 000	468 000	578 000	107 000
Total Current Debt	2 084 000	1 381 000	1 524 000	1 178 000
Total Equity and Debt	2 991 000	2 681 000	2 891 000	2 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 229 000	3 805 000	4 727 000	4 497 000
Other Income	−6 000	0	0	0
Revenue	4 223 000	3 805 000	4 727 000	4 497 000
Cost of Goods Sold	3 009 000	2 192 000	3 248 000	2 622 000
Salary Costs	675 000	934 000	505 000	746 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 474 000	3 655 000	5 123 000	4 141 000
Operating Profit	−251 000	149 000	−396 000	356 000
Financial Income	9 000	27 000	62 000	17 000
Financial Costs	133 000	133 000	100 000	60 000
Financial Balance	−124 000	−106 000	−38 000	−43 000
Dividends	0	0	0	0
Net Income	−376 000	44 000	−334 000	239 000

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	62 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	62 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	35 000
Total Fixed Assets	62 000	0	0	35 000
Stock	1 352 000	1 628 000	956 000	733 000
Total Investments	0	0	0	0
Cash, Bank	222 000	490 000	631 000	740 000
Total Current Assets	2 928 000	2 681 000	2 891 000	2 373 000
Total Assets	2 991 000	2 681 000	2 891 000	2 407 000
Total Equity	457 000	833 000	789 000	1 123 000
Short-Term Group Debt	33 000	53 000	0	0
Total Long-Term Debt	450 000	468 000	578 000	107 000
Creditors	834 000	541 000	559 000	207 000
Unpaid Taxes	116 000	104 000	195 000	218 000
Dividends	0	0	0	0
Other Current Debt	1 101 000	682 000	770 000	680 000
Total Current Debt	2 084 000	1 381 000	1 524 000	1 178 000
Total Equity and Debt	2 991 000	2 681 000	2 891 000	2 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−82,28 %	5,28 %	−42,33 %	21,28 %
Debt-to-Equity Ratio	0,98	0,56	0,73	0,1
Operating Profit Margin	−5,94 %	3,92 %	−8,38 %	7,92 %
Current Ratio	1,4	1,94	1,9	2,01
Quick Ratio	4	−10,85	5,09	5,33
Equity Ratio	0,15	0,31	0,27	0,47
Gross Profit Margin	28,75 %	42,39 %	31,29 %	41,69 %