PROMOTION AUTO AS

7072 HEIMDAL

Finances

Share Ownership

Return on Equity

−9,4 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 746 000	1 241 000	1 511 000	1 586 000
Net Income	−14 000	262 000	−502 000	89 000
Total Assets	583 000	892 000	743 000	1 059 000
Total Equity	149 000	163 000	−99 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 746 000	1 241 000	1 511 000	1 586 000
Expenditure	2 751 000	964 000	1 608 000	1 444 000
Operating Profit	−4 000	276 000	−482 000	142 000
Financial Income	0	0	0	0
Financial Costs	10 000	17 000	18 000	27 000
Financial Balance	−10 000	−17 000	−18 000	−27 000
Earnings Before Tax	−14 000	259 000	−500 000	115 000
Tax	0	−3 000	2 000	26 000
Net Income	−14 000	262 000	−502 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	39 000	17 000
Total Current Assets	583 000	892 000	703 000	1 042 000
Total Assets	583 000	892 000	743 000	1 059 000
Total Retained Equity	125 000	139 000	−124 000	379 000
Total Equity	149 000	163 000	−99 000	403 000
Total Long-Term Debt	100 000	220 000	291 000	406 000
Total Current Debt	334 000	509 000	550 000	250 000
Total Equity and Debt	583 000	892 000	743 000	1 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 709 000	1 211 000	1 502 000	1 512 000
Other Income	37 000	30 000	9 000	74 000
Revenue	2 746 000	1 241 000	1 511 000	1 586 000
Cost of Goods Sold	2 298 000	779 000	1 097 000	1 158 000
Salary Costs	313 000	1 000	163 000	191 000
Depreciation	0	13 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	2 751 000	964 000	1 608 000	1 444 000
Operating Profit	−4 000	276 000	−482 000	142 000
Financial Income	0	0	0	0
Financial Costs	10 000	17 000	18 000	27 000
Financial Balance	−10 000	−17 000	−18 000	−27 000
Dividends	0	0	0	0
Net Income	−14 000	262 000	−502 000	89 000

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	13 000	17 000
Total Tangible Assets	0	0	13 000	17 000
Total Fiancial Fixed Assets	0	0	26 000	0
Total Fixed Assets	0	0	39 000	17 000
Stock	540 000	807 000	300 000	384 000
Total Investments	0	0	0	0
Cash, Bank	33 000	68 000	398 000	124 000
Total Current Assets	583 000	892 000	703 000	1 042 000
Total Assets	583 000	892 000	743 000	1 059 000
Total Equity	149 000	163 000	−99 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	220 000	291 000	406 000
Creditors	8 000	7 000	367 000	5 000
Unpaid Taxes	41 000	0	0	15 000
Dividends	0	0	0	0
Other Current Debt	252 000	502 000	184 000	205 000
Total Current Debt	334 000	509 000	550 000	250 000
Total Equity and Debt	583 000	892 000	743 000	1 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,4 %	160,74 %	507,07 %	22,08 %
Debt-to-Equity Ratio	0,67	1,35	−2,94	1,01
Operating Profit Margin	−0,15 %	22,24 %	−31,9 %	8,95 %
Current Ratio	1,75	1,75	1,28	4,17
Quick Ratio	−2,83	−2,99	2,81	−7,78
Equity Ratio	0,26	0,18	−0,13	0,38
Gross Profit Margin	16,31 %	37,23 %	27,4 %	26,99 %