FG RACING AS

6817 NAUSTDAL

Finances

Return on Equity

23,51 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 674 000	77 540 000	89 468 000	63 846 000
Net Income	6 048 000	7 881 000	4 523 000	5 954 000
Total Assets	53 234 000	47 123 000	37 556 000	37 684 000
Total Equity	25 729 000	24 680 000	22 799 000	21 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 674 000	77 540 000	89 468 000	63 846 000
Expenditure	76 459 000	70 231 000	80 219 000	57 415 000
Operating Profit	8 214 000	7 309 000	9 249 000	6 431 000
Financial Income	715 000	3 025 000	299 000	1 273 000
Financial Costs	1 111 000	287 000	3 666 000	196 000
Financial Balance	−396 000	2 738 000	−3 367 000	1 077 000
Earnings Before Tax	7 819 000	10 047 000	5 881 000	7 508 000
Tax	1 770 000	2 166 000	1 358 000	1 554 000
Net Income	6 048 000	7 881 000	4 523 000	5 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 532 000	2 096 000	2 124 000	2 338 000
Total Current Assets	51 702 000	45 027 000	35 433 000	35 346 000
Total Assets	53 234 000	47 123 000	37 556 000	37 684 000
Total Retained Equity	15 196 000	14 148 000	12 267 000	10 744 000
Total Equity	25 729 000	24 680 000	22 799 000	21 276 000
Total Long-Term Debt	205 000	268 000	285 000	158 000
Total Current Debt	27 300 000	22 175 000	14 472 000	16 249 000
Total Equity and Debt	53 234 000	47 123 000	37 556 000	37 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 453 000	77 337 000	89 052 000	63 364 000
Other Income	221 000	204 000	416 000	482 000
Revenue	84 674 000	77 540 000	89 468 000	63 846 000
Cost of Goods Sold	69 736 000	64 117 000	75 045 000	51 852 000
Salary Costs	2 732 000	2 662 000	2 451 000	2 590 000
Depreciation	562 000	421 000	436 000	489 000
Impairment	0	0	0	0
Expenditure	76 459 000	70 231 000	80 219 000	57 415 000
Operating Profit	8 214 000	7 309 000	9 249 000	6 431 000
Financial Income	715 000	3 025 000	299 000	1 273 000
Financial Costs	1 111 000	287 000	3 666 000	196 000
Financial Balance	−396 000	2 738 000	−3 367 000	1 077 000
Dividends	5 000 000	6 000 000	3 000 000	0
Net Income	6 048 000	7 881 000	4 523 000	5 954 000

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	1 404 000	1 968 000	1 996 000	2 210 000
Total Tangible Assets	1 404 000	1 968 000	1 996 000	2 210 000
Total Fiancial Fixed Assets	128 000	128 000	128 000	128 000
Total Fixed Assets	1 532 000	2 096 000	2 124 000	2 338 000
Stock	9 126 000	16 509 000	7 019 000	11 923 000
Total Investments	6 721 000	6 905 000	5 473 000	7 317 000
Cash, Bank	14 752 000	18 439 000	18 072 000	4 046 000
Total Current Assets	51 702 000	45 027 000	35 433 000	35 346 000
Total Assets	53 234 000	47 123 000	37 556 000	37 684 000
Total Equity	25 729 000	24 680 000	22 799 000	21 276 000
Short-Term Group Debt	4 400 000	3 072 000	72 000	5 072 000
Total Long-Term Debt	205 000	268 000	285 000	158 000
Creditors	7 757 000	2 461 000	6 815 000	6 763 000
Unpaid Taxes	200 000	171 000	1 361 000	172 000
Dividends	5 000 000	6 000 000	3 000 000	0
Other Current Debt	8 111 000	8 287 000	1 993 000	2 672 000
Total Current Debt	27 300 000	22 175 000	14 472 000	16 249 000
Total Equity and Debt	53 234 000	47 123 000	37 556 000	37 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,51 %	31,93 %	19,84 %	27,98 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	9,7 %	9,43 %	10,34 %	10,07 %
Current Ratio	1,89	2,03	2,45	2,18
Quick Ratio	2,84	7,95	4,75	8,17
Equity Ratio	0,48	0,52	0,61	0,56
Gross Profit Margin	17,64 %	17,31 %	16,12 %	18,79 %