PIXEL MOTORSPORT AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

45,02 %

Current Ratio

3,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 155 000	4 741 000	1 955 000	962 000
Net Income	271 000	123 000	−24 000	48 000
Total Assets	800 000	825 000	323 000	1 103 000
Total Equity	602 000	331 000	207 000	231 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 155 000	4 741 000	1 955 000	962 000
Expenditure	797 000	4 546 000	1 980 000	900 000
Operating Profit	358 000	196 000	−25 000	62 000
Financial Income	7 000	10 000	0	0
Financial Costs	17 000	48 000	6 000	0
Financial Balance	−10 000	−38 000	−6 000	0
Earnings Before Tax	348 000	158 000	−30 000	62 000
Tax	76 000	35 000	−7 000	14 000
Net Income	271 000	123 000	−24 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	8 000	7 000	0
Total Current Assets	787 000	817 000	317 000	1 103 000
Total Assets	800 000	825 000	323 000	1 103 000
Total Retained Equity	502 000	231 000	107 000	131 000
Total Equity	602 000	331 000	207 000	231 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	494 000	116 000	872 000
Total Equity and Debt	800 000	825 000	323 000	1 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 154 000	4 806 000	1 355 000	962 000
Other Income	1 000	−65 000	600 000	0
Revenue	1 155 000	4 741 000	1 955 000	962 000
Cost of Goods Sold	756 000	3 662 000	1 796 000	862 000
Salary Costs	0	9 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	797 000	4 546 000	1 980 000	900 000
Operating Profit	358 000	196 000	−25 000	62 000
Financial Income	7 000	10 000	0	0
Financial Costs	17 000	48 000	6 000	0
Financial Balance	−10 000	−38 000	−6 000	0
Dividends	0	0	0	0
Net Income	271 000	123 000	−24 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	8 000	7 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	8 000	7 000	0
Stock	19 000	6 000	253 000	55 000
Total Investments	0	0	0	0
Cash, Bank	303 000	72 000	47 000	712 000
Total Current Assets	787 000	817 000	317 000	1 103 000
Total Assets	800 000	825 000	323 000	1 103 000
Total Equity	602 000	331 000	207 000	231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	478 000	51 000	4 000
Unpaid Taxes	84 000	−30 000	54 000	244 000
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	11 000	611 000
Total Current Debt	198 000	494 000	116 000	872 000
Total Equity and Debt	800 000	825 000	323 000	1 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,02 %	37,16 %	−11,59 %	20,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31 %	4,13 %	−1,28 %	6,44 %
Current Ratio	3,97	1,65	2,73	1,26
Quick Ratio	4,4	1,67	−2,31	1,35
Equity Ratio	0,75	0,4	0,64	0,21
Gross Profit Margin	34,55 %	22,76 %	8,13 %	10,4 %