SPEEDEVENT AS

2436 VÅLER I SOLØR

Finances

Share Ownership

Return on Equity

−14,93 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 951 000	1 837 000	862 000	628 000
Net Income	231 000	−261 000	−609 000	−491 000
Total Assets	1 915 000	−332 000	172 000	615 000
Total Equity	−1 547 000	−1 778 000	−1 517 000	−908 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 951 000	1 837 000	862 000	628 000
Expenditure	2 703 000	2 082 000	1 452 000	1 092 000
Operating Profit	247 000	−246 000	−590 000	−464 000
Financial Income	5 000	1 000	0	0
Financial Costs	21 000	16 000	19 000	26 000
Financial Balance	−16 000	−15 000	−19 000	−26 000
Earnings Before Tax	231 000	−261 000	−609 000	−491 000
Tax	0	0	0	0
Net Income	231 000	−261 000	−609 000	−491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	81 000	219 000	619 000
Total Current Assets	1 896 000	−413 000	−48 000	−4 000
Total Assets	1 915 000	−332 000	172 000	615 000
Total Retained Equity	−1 609 000	−1 840 000	−1 580 000	−971 000
Total Equity	−1 547 000	−1 778 000	−1 517 000	−908 000
Total Long-Term Debt	923 000	749 000	749 000	749 000
Total Current Debt	2 539 000	697 000	940 000	774 000
Total Equity and Debt	1 915 000	−332 000	172 000	615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 951 000	1 837 000	862 000	628 000
Other Income	0	0	0	0
Revenue	2 951 000	1 837 000	862 000	628 000
Cost of Goods Sold	−24 000	162 000	62 000	32 000
Salary Costs	6 000	1 000	0	0
Depreciation	62 000	180 000	401 000	184 000
Impairment	0	0	0	0
Expenditure	2 703 000	2 082 000	1 452 000	1 092 000
Operating Profit	247 000	−246 000	−590 000	−464 000
Financial Income	5 000	1 000	0	0
Financial Costs	21 000	16 000	19 000	26 000
Financial Balance	−16 000	−15 000	−19 000	−26 000
Dividends	0	0	0	0
Net Income	231 000	−261 000	−609 000	−491 000

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	19 000	81 000	219 000	619 000
Total Tangible Assets	19 000	81 000	219 000	619 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	81 000	219 000	619 000
Stock	250 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	−332 000	−75 000	−23 000
Total Current Assets	1 896 000	−413 000	−48 000	−4 000
Total Assets	1 915 000	−332 000	172 000	615 000
Total Equity	−1 547 000	−1 778 000	−1 517 000	−908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	923 000	749 000	749 000	749 000
Creditors	0	−211 000	39 000	39 000
Unpaid Taxes	0	−35 000	−24 000	−18 000
Dividends	0	0	0	0
Other Current Debt	992 000	944 000	925 000	753 000
Total Current Debt	2 539 000	697 000	940 000	774 000
Total Equity and Debt	1 915 000	−332 000	172 000	615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,93 %	14,68 %	40,15 %	54,07 %
Debt-to-Equity Ratio	−0,6	−0,42	−0,49	−0,82
Operating Profit Margin	8,37 %	−13,39 %	−68,45 %	−73,89 %
Current Ratio	0,75	−0,59	−0,05	−0,01
Quick Ratio	0,83	−0,59	−0,05	−0,01
Equity Ratio	−0,81	5,36	−8,82	−1,48
Gross Profit Margin	100,81 %	91,18 %	92,81 %	94,9 %