HEGGELI MOTORSPORT AS

9513 ALTA

Finances

Share Ownership

Return on Equity

5,83 %

Current Ratio

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	111 000	202 000	291 000
Net Income	−13 000	−43 000	8 000	−76 000
Total Assets	105 000	116 000	126 000	242 000
Total Equity	−223 000	−210 000	−167 000	−175 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	111 000	202 000	291 000
Expenditure	13 000	153 000	193 000	367 000
Operating Profit	−13 000	−43 000	8 000	−77 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−13 000	−43 000	8 000	−76 000
Tax	0	0	0	0
Net Income	−13 000	−43 000	8 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	6 000	44 000	100 000
Total Current Assets	99 000	110 000	82 000	141 000
Total Assets	105 000	116 000	126 000	242 000
Total Retained Equity	−253 000	−240 000	−197 000	−205 000
Total Equity	−223 000	−210 000	−167 000	−175 000
Total Long-Term Debt	327 000	0	0	0
Total Current Debt	1 000	326 000	293 000	417 000
Total Equity and Debt	105 000	116 000	126 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	111 000	202 000	291 000
Other Income	0	0	0	0
Revenue	0	111 000	202 000	291 000
Cost of Goods Sold	0	0	41 000	6 000
Salary Costs	0	0	0	0
Depreciation	0	38 000	56 000	98 000
Impairment	0	0	0	0
Expenditure	13 000	153 000	193 000	367 000
Operating Profit	−13 000	−43 000	8 000	−77 000
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	−13 000	−43 000	8 000	−76 000

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	6 000	6 000	44 000	100 000
Total Tangible Assets	6 000	6 000	44 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	6 000	44 000	100 000
Stock	0	0	0	41 000
Total Investments	0	0	0	0
Cash, Bank	96 000	73 000	67 000	68 000
Total Current Assets	99 000	110 000	82 000	141 000
Total Assets	105 000	116 000	126 000	242 000
Total Equity	−223 000	−210 000	−167 000	−175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	327 000	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	326 000	293 000	417 000
Total Current Debt	1 000	326 000	293 000	417 000
Total Equity and Debt	105 000	116 000	126 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,83 %	20,48 %	−4,79 %	43,43 %
Debt-to-Equity Ratio	−1,47	−0	−0	−0
Operating Profit Margin	-	−38,74 %	3,96 %	−26,46 %
Current Ratio	99	0,34	0,28	0,34
Quick Ratio	99	0,34	0,28	0,38
Equity Ratio	−2,12	−1,81	−1,33	−0,72
Gross Profit Margin	-	100 %	79,7 %	97,94 %