AUTO RENTAL SCANDINAVIA AS

6416 MOLDE

Finances

Share Ownership

Return on Equity

56,1 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	−182 000	638 000	2 694 000	3 024 000
Net Income	−1 316 000	−782 000	−435 000	−505 000
Total Assets	1 809 000	5 248 000	13 366 000	18 808 000
Total Equity	−2 346 000	−1 030 000	−248 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	−182 000	638 000	2 694 000	3 024 000
Expenditure	1 198 000	1 285 000	2 479 000	2 881 000
Operating Profit	−1 380 000	−647 000	215 000	144 000
Financial Income	0	0	0	1 000
Financial Costs	307 000	356 000	773 000	793 000
Financial Balance	−307 000	−356 000	−773 000	−792 000
Earnings Before Tax	−1 687 000	−1 003 000	−558 000	−648 000
Tax	−371 000	−221 000	−123 000	−143 000
Net Income	−1 316 000	−782 000	−435 000	−505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 763 000	4 979 000	12 939 000	18 004 000
Total Current Assets	45 000	269 000	427 000	803 000
Total Assets	1 809 000	5 248 000	13 366 000	18 808 000
Total Retained Equity	−2 376 000	−1 060 000	−278 000	157 000
Total Equity	−2 346 000	−1 030 000	−248 000	187 000
Total Long-Term Debt	1 330 000	4 716 000	12 799 000	17 785 000
Total Current Debt	2 824 000	1 562 000	815 000	835 000
Total Equity and Debt	1 809 000	5 248 000	13 366 000	18 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	271 000	1 043 000	2 278 000	2 990 000
Other Income	−453 000	−405 000	416 000	34 000
Revenue	−182 000	638 000	2 694 000	3 024 000
Cost of Goods Sold	331 000	301 000	432 000	501 000
Salary Costs	0	1 000	0	0
Depreciation	345 000	696 000	1 496 000	1 628 000
Impairment	0	0	0	0
Expenditure	1 198 000	1 285 000	2 479 000	2 881 000
Operating Profit	−1 380 000	−647 000	215 000	144 000
Financial Income	0	0	0	1 000
Financial Costs	307 000	356 000	773 000	793 000
Financial Balance	−307 000	−356 000	−773 000	−792 000
Dividends	0	0	0	0
Net Income	−1 316 000	−782 000	−435 000	−505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	670 000	299 000	78 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 093 000	4 680 000	0	0
Fixtures	0	0	12 860 000	18 004 000
Total Tangible Assets	1 093 000	4 680 000	12 860 000	18 004 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 763 000	4 979 000	12 939 000	18 004 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	55 000	379 000
Total Current Assets	45 000	269 000	427 000	803 000
Total Assets	1 809 000	5 248 000	13 366 000	18 808 000
Total Equity	−2 346 000	−1 030 000	−248 000	187 000
Short-Term Group Debt	2 753 000	1 513 000	0	0
Total Long-Term Debt	1 330 000	4 716 000	12 799 000	17 785 000
Creditors	72 000	49 000	673 000	775 000
Unpaid Taxes	0	0	142 000	60 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 824 000	1 562 000	815 000	835 000
Total Equity and Debt	1 809 000	5 248 000	13 366 000	18 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,1 %	75,92 %	175,4 %	−270,05 %
Debt-to-Equity Ratio	−0,57	−4,58	−51,61	95,11
Operating Profit Margin	758,24 %	−101,41 %	7,98 %	4,76 %
Current Ratio	0,02	0,17	0,52	0,96
Quick Ratio	0,02	0,17	0,52	0,96
Equity Ratio	−1,3	−0,2	−0,02	0,01
Gross Profit Margin	281,87 %	52,82 %	83,96 %	83,43 %