SPRINTCAR NORGE AS

1266 OSLO

Finances

Share Ownership

Return on Equity

−92,14 %

Current Ratio

2,77

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 879 000	18 202 000	18 836 000	20 418 000
Net Income	−785 000	1 166 000	357 000	279 000
Total Assets	2 078 000	3 812 000	3 730 000	3 122 000
Total Equity	852 000	1 638 000	822 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 879 000	18 202 000	18 836 000	20 418 000
Expenditure	8 663 000	16 663 000	18 437 000	19 973 000
Operating Profit	−784 000	1 539 000	400 000	445 000
Financial Income	19 000	154 000	175 000	287 000
Financial Costs	20 000	172 000	185 000	326 000
Financial Balance	−1 000	−18 000	−10 000	−39 000
Earnings Before Tax	−785 000	1 521 000	390 000	406 000
Tax	0	355 000	33 000	126 000
Net Income	−785 000	1 166 000	357 000	279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	524 000	663 000	127 000
Total Current Assets	2 063 000	3 288 000	3 067 000	2 995 000
Total Assets	2 078 000	3 812 000	3 730 000	3 122 000
Total Retained Equity	822 000	1 608 000	792 000	435 000
Total Equity	852 000	1 638 000	822 000	465 000
Total Long-Term Debt	481 000	536 000	658 000	93 000
Total Current Debt	744 000	1 638 000	2 250 000	2 565 000
Total Equity and Debt	2 078 000	3 812 000	3 730 000	3 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 814 000	17 999 000	18 477 000	20 418 000
Other Income	65 000	203 000	359 000	0
Revenue	7 879 000	18 202 000	18 836 000	20 418 000
Cost of Goods Sold	6 801 000	15 003 000	16 870 000	18 739 000
Salary Costs	1 371 000	1 007 000	1 135 000	614 000
Depreciation	1 000	140 000	35 000	118 000
Impairment	0	0	0	0
Expenditure	8 663 000	16 663 000	18 437 000	19 973 000
Operating Profit	−784 000	1 539 000	400 000	445 000
Financial Income	19 000	154 000	175 000	287 000
Financial Costs	20 000	172 000	185 000	326 000
Financial Balance	−1 000	−18 000	−10 000	−39 000
Dividends	0	350 000	0	300 000
Net Income	−785 000	1 166 000	357 000	279 000

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	15 000	524 000	663 000	127 000
Total Tangible Assets	15 000	524 000	663 000	127 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	524 000	663 000	127 000
Stock	775 000	104 000	1 517 000	0
Total Investments	0	0	0	0
Cash, Bank	1 253 000	3 067 000	1 479 000	2 972 000
Total Current Assets	2 063 000	3 288 000	3 067 000	2 995 000
Total Assets	2 078 000	3 812 000	3 730 000	3 122 000
Total Equity	852 000	1 638 000	822 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	481 000	536 000	658 000	93 000
Creditors	59 000	56 000	1 453 000	125 000
Unpaid Taxes	299 000	896 000	280 000	1 700 000
Dividends	0	350 000	0	300 000
Other Current Debt	386 000	331 000	484 000	313 000
Total Current Debt	744 000	1 638 000	2 250 000	2 565 000
Total Equity and Debt	2 078 000	3 812 000	3 730 000	3 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,14 %	71,18 %	43,43 %	60 %
Debt-to-Equity Ratio	0,56	0,33	0,8	0,2
Operating Profit Margin	−9,95 %	8,46 %	2,12 %	2,18 %
Current Ratio	2,77	2,01	1,36	1,17
Quick Ratio	−66,55	2,14	4,18	1,17
Equity Ratio	0,41	0,43	0,22	0,15
Gross Profit Margin	13,68 %	17,57 %	10,44 %	8,22 %