SALTVEDT RACING AS

5532 HAUGESUND

Finances

Share Ownership

Return on Equity

−25 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	12 000	41 000	136 000
Net Income	11 000	−57 000	−28 000	1 000
Total Assets	1 074 000	19 000	75 000	96 000
Total Equity	−44 000	−56 000	1 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	12 000	41 000	136 000
Expenditure	45 000	69 000	68 000	134 000
Operating Profit	15 000	−57 000	−28 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	−57 000	−28 000	1 000
Tax	3 000	0	0	0
Net Income	11 000	−57 000	−28 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	0	0	0
Total Current Assets	919 000	19 000	75 000	96 000
Total Assets	1 074 000	19 000	75 000	96 000
Total Retained Equity	−74 000	−86 000	−29 000	−1 000
Total Equity	−44 000	−56 000	1 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 119 000	75 000	73 000	67 000
Total Equity and Debt	1 074 000	19 000	75 000	96 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	41 000	136 000
Other Income	75 000	10 000	0	0
Revenue	75 000	12 000	41 000	136 000
Cost of Goods Sold	0	61 000	53 000	39 000
Salary Costs	0	0	0	21 000
Depreciation	39 000	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	69 000	68 000	134 000
Operating Profit	15 000	−57 000	−28 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	11 000	−57 000	−28 000	1 000

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	155 000	0	0	0
Total Tangible Assets	155 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	155 000	0	0	0
Stock	0	15 000	74 000	76 000
Total Investments	0	0	0	0
Cash, Bank	4 000	2 000	1 000	20 000
Total Current Assets	919 000	19 000	75 000	96 000
Total Assets	1 074 000	19 000	75 000	96 000
Total Equity	−44 000	−56 000	1 000	29 000
Short-Term Group Debt	409 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	0	2 000
Unpaid Taxes	−2 000	−1 000	5 000	22 000
Dividends	0	0	0	0
Other Current Debt	703 000	77 000	68 000	43 000
Total Current Debt	1 119 000	75 000	73 000	67 000
Total Equity and Debt	1 074 000	19 000	75 000	96 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25 %	101,79 %	−2 800 %	3,45 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	20 %	−475 %	−68,29 %	0,74 %
Current Ratio	0,82	0,25	1,03	1,43
Quick Ratio	0,82	0,32	−75	−10,67
Equity Ratio	−0,04	−2,95	0,01	0,3
Gross Profit Margin	100 %	−408,33 %	−29,27 %	71,32 %