MOTORSTUDIO AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

136,02 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 176 000	2 231 000	4 476 000	6 502 000
Net Income	−1 805 000	−122 000	103 000	109 000
Total Assets	1 713 000	1 426 000	1 244 000	2 815 000
Total Equity	−1 327 000	478 000	600 000	−3 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 176 000	2 231 000	4 476 000	6 502 000
Expenditure	4 977 000	2 377 000	4 308 000	6 367 000
Operating Profit	−1 801 000	−145 000	168 000	135 000
Financial Income	0	4 000	0	1 000
Financial Costs	4 000	10 000	34 000	15 000
Financial Balance	−4 000	−6 000	−34 000	−14 000
Earnings Before Tax	−1 805 000	−151 000	134 000	121 000
Tax	0	−29 000	31 000	12 000
Net Income	−1 805 000	−122 000	103 000	109 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	49 000	62 000	150 000	189 000
Total Current Assets	1 664 000	1 364 000	1 094 000	2 627 000
Total Assets	1 713 000	1 426 000	1 244 000	2 815 000
Total Retained Equity	−1 907 000	−102 000	20 000	−83 000
Total Equity	−1 327 000	478 000	600 000	−3 000
Total Long-Term Debt	27 000	62 000	126 000	158 000
Total Current Debt	3 013 000	887 000	518 000	2 660 000
Total Equity and Debt	1 713 000	1 426 000	1 244 000	2 815 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 669 000	1 838 000	3 093 000	4 326 000
Other Income	506 000	393 000	1 383 000	2 176 000
Revenue	3 176 000	2 231 000	4 476 000	6 502 000
Cost of Goods Sold	2 188 000	1 116 000	1 417 000	2 049 000
Salary Costs	780 000	756 000	1 727 000	2 403 000
Depreciation	13 000	14 000	39 000	30 000
Impairment	0	0	0	0
Expenditure	4 977 000	2 377 000	4 308 000	6 367 000
Operating Profit	−1 801 000	−145 000	168 000	135 000
Financial Income	0	4 000	0	1 000
Financial Costs	4 000	10 000	34 000	15 000
Financial Balance	−4 000	−6 000	−34 000	−14 000
Dividends	0	0	0	0
Net Income	−1 805 000	−122 000	103 000	109 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	150 000	0
Fixtures	49 000	62 000	0	189 000
Total Tangible Assets	49 000	62 000	150 000	189 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	62 000	150 000	189 000
Stock	110 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 056 000	734 000	122 000	1 232 000
Total Current Assets	1 664 000	1 364 000	1 094 000	2 627 000
Total Assets	1 713 000	1 426 000	1 244 000	2 815 000
Total Equity	−1 327 000	478 000	600 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	62 000	126 000	158 000
Creditors	139 000	118 000	125 000	451 000
Unpaid Taxes	125 000	94 000	104 000	107 000
Dividends	0	0	0	0
Other Current Debt	2 749 000	675 000	258 000	2 091 000
Total Current Debt	3 013 000	887 000	518 000	2 660 000
Total Equity and Debt	1 713 000	1 426 000	1 244 000	2 815 000

Financial indicators	2021	2020	2019	2018
Return on Equity	136,02 %	−25,52 %	17,17 %	−3 633,33 %
Debt-to-Equity Ratio	−0,02	0,13	0,21	−52,67
Operating Profit Margin	−56,71 %	−6,5 %	3,75 %	2,08 %
Current Ratio	0,55	1,54	2,11	0,99
Quick Ratio	0,57	1,54	2,11	0,99
Equity Ratio	−0,77	0,34	0,48	−0
Gross Profit Margin	31,11 %	49,98 %	68,34 %	68,49 %