FIRST AUTOCO AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

0,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	172 000	346 000
Net Income	0	−86 000	−245 000	−184 000
Total Assets	53 000	116 000	764 000	843 000
Total Equity	33 000	43 000	46 000	49 000

Income (NOK)	2021	2020	2019
Revenue	0	172 000	346 000
Expenditure	109 000	725 000	581 000
Operating Profit	−110 000	−553 000	−236 000
Financial Income	0	240 000	0
Financial Costs	0	0	1 000
Financial Balance	0	240 000	−1 000
Earnings Before Tax	−110 000	−313 000	−237 000
Tax	−24 000	−69 000	−53 000
Net Income	−86 000	−245 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	0	0	260 000
Total Current Assets	8 000	116 000	764 000	583 000
Total Assets	53 000	116 000	764 000	843 000
Total Retained Equity	−527 000	−517 000	−431 000	−187 000
Total Equity	33 000	43 000	46 000	49 000
Total Long-Term Debt	0	65 000	640 000	639 000
Total Current Debt	20 000	7 000	78 000	155 000
Total Equity and Debt	53 000	116 000	764 000	843 000

Cash flow (NOK)	2021	2020	2019
Sales Income	0	172 000	346 000
Other Income	0	0	0
Revenue	0	172 000	346 000
Cost of Goods Sold	0	62 000	86 000
Salary Costs	80 000	445 000	311 000
Depreciation	0	0	40 000
Impairment	0	0	0
Expenditure	109 000	725 000	581 000
Operating Profit	−110 000	−553 000	−236 000
Financial Income	0	240 000	0
Financial Costs	0	0	1 000
Financial Balance	0	240 000	−1 000
Dividends	0	0	0
Net Income	−86 000	−245 000	−184 000

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	0	0	0	260 000
Total Tangible Assets	0	0	0	260 000
Total Fiancial Fixed Assets	45 000	0	0	0
Total Fixed Assets	45 000	0	0	260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	9 000	447 000	275 000
Total Current Assets	8 000	116 000	764 000	583 000
Total Assets	53 000	116 000	764 000	843 000
Total Equity	33 000	43 000	46 000	49 000
Short-Term Group Debt	12 000	0	0	0
Total Long-Term Debt	0	65 000	640 000	639 000
Creditors	0	0	0	83 000
Unpaid Taxes	1 000	1 000	47 000	47 000
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	31 000	25 000
Total Current Debt	20 000	7 000	78 000	155 000
Total Equity and Debt	53 000	116 000	764 000	843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−200 %	−532,61 %	−375,51 %
Debt-to-Equity Ratio	0	1,51	13,91	13,04
Operating Profit Margin	-	-	−321,51 %	−68,21 %
Current Ratio	0,4	16,57	9,79	3,76
Quick Ratio	0,4	16,57	9,79	3,76
Equity Ratio	0,62	0,37	0,06	0,06
Gross Profit Margin	-	-	63,95 %	75,14 %