MOTORGAR AS

7632 ÅSENFJORD

Finances

Return on Equity

10,06 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 689 000	7 406 000	5 777 000	7 864 000
Net Income	674 000	1 468 000	663 000	1 339 000
Total Assets	9 338 000	9 528 000	7 529 000	6 994 000
Total Equity	6 703 000	7 796 000	6 349 000	6 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 689 000	7 406 000	5 777 000	7 864 000
Expenditure	3 831 000	5 549 000	4 917 000	6 145 000
Operating Profit	858 000	1 857 000	860 000	1 718 000
Financial Income	6 000	12 000	8 000	2 000
Financial Costs	1 000	1 000	4 000	3 000
Financial Balance	5 000	11 000	4 000	−1 000
Earnings Before Tax	864 000	1 868 000	864 000	1 717 000
Tax	190 000	399 000	201 000	378 000
Net Income	674 000	1 468 000	663 000	1 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 451 000	4 864 000	5 053 000	5 365 000
Total Current Assets	2 887 000	4 664 000	2 476 000	1 629 000
Total Assets	9 338 000	9 528 000	7 529 000	6 994 000
Total Retained Equity	4 703 000	5 796 000	4 364 000	4 042 000
Total Equity	6 703 000	7 796 000	6 349 000	6 028 000
Total Long-Term Debt	313 000	290 000	234 000	312 000
Total Current Debt	2 322 000	1 443 000	946 000	654 000
Total Equity and Debt	9 338 000	9 528 000	7 529 000	6 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 120 000	6 760 000	5 406 000	7 184 000
Other Income	569 000	646 000	372 000	679 000
Revenue	4 689 000	7 406 000	5 777 000	7 864 000
Cost of Goods Sold	1 323 000	2 547 000	1 161 000	2 400 000
Salary Costs	613 000	765 000	728 000	710 000
Depreciation	791 000	821 000	1 171 000	1 128 000
Impairment	0	0	0	0
Expenditure	3 831 000	5 549 000	4 917 000	6 145 000
Operating Profit	858 000	1 857 000	860 000	1 718 000
Financial Income	6 000	12 000	8 000	2 000
Financial Costs	1 000	1 000	4 000	3 000
Financial Balance	5 000	11 000	4 000	−1 000
Dividends	0	0	0	0
Net Income	674 000	1 468 000	663 000	1 339 000

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	124 000	90 000	117 000	152 000
Fixtures	2 417 000	3 205 000	4 552 000	4 829 000
Total Tangible Assets	2 541 000	3 294 000	4 669 000	4 981 000
Total Fiancial Fixed Assets	3 910 000	1 570 000	384 000	384 000
Total Fixed Assets	6 451 000	4 864 000	5 053 000	5 365 000
Stock	799 000	769 000	871 000	219 000
Total Investments	0	0	0	0
Cash, Bank	519 000	3 036 000	932 000	693 000
Total Current Assets	2 887 000	4 664 000	2 476 000	1 629 000
Total Assets	9 338 000	9 528 000	7 529 000	6 994 000
Total Equity	6 703 000	7 796 000	6 349 000	6 028 000
Short-Term Group Debt	1 933 000	28 000	0	0
Total Long-Term Debt	313 000	290 000	234 000	312 000
Creditors	27 000	307 000	139 000	107 000
Unpaid Taxes	314 000	339 000	358 000	83 000
Dividends	0	0	0	0
Other Current Debt	49 000	421 000	267 000	285 000
Total Current Debt	2 322 000	1 443 000	946 000	654 000
Total Equity and Debt	9 338 000	9 528 000	7 529 000	6 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,06 %	18,83 %	10,44 %	22,21 %
Debt-to-Equity Ratio	0,05	0,04	0,04	0,05
Operating Profit Margin	18,3 %	25,07 %	14,89 %	21,85 %
Current Ratio	1,24	3,23	2,62	2,49
Quick Ratio	1,9	6,92	33,01	3,74
Equity Ratio	0,72	0,82	0,84	0,86
Gross Profit Margin	71,79 %	65,61 %	79,9 %	69,48 %