MR NOREFJELL MOTORSPORT AS

3536 NORESUND

Finances

Share Ownership

Return on Equity

−3 930,77 %

Current Ratio

186,45

Debt-to-Equity Ratio

57,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	312 000	563 000	592 000
Net Income	−1 533 000	−937 000	−50 000	−171 000
Total Assets	2 290 000	2 282 000	720 000	757 000
Total Equity	39 000	106 000	−169 000	−119 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	312 000	563 000	592 000
Expenditure	2 265 000	1 534 000	594 000	750 000
Operating Profit	−1 957 000	−1 221 000	−31 000	−158 000
Financial Income	0	0	0	0
Financial Costs	8 000	36 000	19 000	20 000
Financial Balance	−8 000	−36 000	−19 000	−20 000
Earnings Before Tax	−1 965 000	−1 257 000	−50 000	−177 000
Tax	−432 000	−320 000	0	−7 000
Net Income	−1 533 000	−937 000	−50 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	379 000	519 000	519 000
Total Current Assets	2 051 000	1 903 000	201 000	238 000
Total Assets	2 290 000	2 282 000	720 000	757 000
Total Retained Equity	−2 669 000	−1 136 000	−199 000	−149 000
Total Equity	39 000	106 000	−169 000	−119 000
Total Long-Term Debt	2 239 000	1 728 000	0	0
Total Current Debt	11 000	449 000	889 000	876 000
Total Equity and Debt	2 290 000	2 282 000	720 000	757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 000	312 000	563 000	592 000
Other Income	0	0	0	0
Revenue	308 000	312 000	563 000	592 000
Cost of Goods Sold	60 000	26 000	6 000	5 000
Salary Costs	0	0	0	0
Depreciation	141 000	141 000	0	141 000
Impairment	0	0	0	0
Expenditure	2 265 000	1 534 000	594 000	750 000
Operating Profit	−1 957 000	−1 221 000	−31 000	−158 000
Financial Income	0	0	0	0
Financial Costs	8 000	36 000	19 000	20 000
Financial Balance	−8 000	−36 000	−19 000	−20 000
Dividends	0	0	0	0
Net Income	−1 533 000	−937 000	−50 000	−171 000

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	238 000	379 000	519 000	519 000
Total Tangible Assets	238 000	379 000	519 000	519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	238 000	379 000	519 000	519 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	159 000	302 000	201 000	37 000
Total Current Assets	2 051 000	1 903 000	201 000	238 000
Total Assets	2 290 000	2 282 000	720 000	757 000
Total Equity	39 000	106 000	−169 000	−119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 239 000	1 728 000	0	0
Creditors	11 000	0	0	68 000
Unpaid Taxes	0	5 000	34 000	0
Dividends	0	0	0	0
Other Current Debt	0	444 000	855 000	808 000
Total Current Debt	11 000	449 000	889 000	876 000
Total Equity and Debt	2 290 000	2 282 000	720 000	757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3 930,77 %	−883,96 %	29,59 %	143,7 %
Debt-to-Equity Ratio	57,41	16,3	−0	−0
Operating Profit Margin	−635,39 %	−391,35 %	−5,51 %	−26,69 %
Current Ratio	186,45	4,24	0,23	0,27
Quick Ratio	186,45	4,24	0,23	0,27
Equity Ratio	0,02	0,05	−0,23	−0,16
Gross Profit Margin	80,52 %	91,67 %	98,93 %	99,16 %