FK-MOTOR AS

9518 ALTA

Finances

Share Ownership

Return on Equity

8,5 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 511 000	5 904 000	3 758 000	2 179 000
Net Income	64 000	421 000	275 000	−97 000
Total Assets	2 463 000	2 271 000	1 315 000	970 000
Total Equity	753 000	688 000	268 000	−7 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 511 000	5 904 000	3 758 000	2 179 000
Expenditure	6 417 000	5 365 000	3 408 000	2 300 000
Operating Profit	94 000	538 000	351 000	−121 000
Financial Income	0	9 000	3 000	0
Financial Costs	12 000	8 000	2 000	4 000
Financial Balance	−12 000	1 000	1 000	−4 000
Earnings Before Tax	83 000	539 000	352 000	−125 000
Tax	18 000	119 000	77 000	−28 000
Net Income	64 000	421 000	275 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	500 000	159 000	122 000
Total Current Assets	1 772 000	1 771 000	1 156 000	848 000
Total Assets	2 463 000	2 271 000	1 315 000	970 000
Total Retained Equity	723 000	658 000	238 000	−37 000
Total Equity	753 000	688 000	268 000	−7 000
Total Long-Term Debt	202 000	235 000	9 000	0
Total Current Debt	1 508 000	1 347 000	1 038 000	977 000
Total Equity and Debt	2 463 000	2 271 000	1 315 000	970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 511 000	5 904 000	3 758 000	2 179 000
Other Income	0	0	0	0
Revenue	6 511 000	5 904 000	3 758 000	2 179 000
Cost of Goods Sold	2 812 000	2 675 000	1 563 000	936 000
Salary Costs	2 236 000	1 657 000	1 180 000	762 000
Depreciation	54 000	38 000	12 000	3 000
Impairment	0	0	0	0
Expenditure	6 417 000	5 365 000	3 408 000	2 300 000
Operating Profit	94 000	538 000	351 000	−121 000
Financial Income	0	9 000	3 000	0
Financial Costs	12 000	8 000	2 000	4 000
Financial Balance	−12 000	1 000	1 000	−4 000
Dividends	0	0	0	0
Net Income	64 000	421 000	275 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	565 000	452 000	159 000	98 000
Total Tangible Assets	565 000	452 000	159 000	98 000
Total Fiancial Fixed Assets	126 000	48 000	0	0
Total Fixed Assets	691 000	500 000	159 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	635 000	429 000	21 000	61 000
Total Current Assets	1 772 000	1 771 000	1 156 000	848 000
Total Assets	2 463 000	2 271 000	1 315 000	970 000
Total Equity	753 000	688 000	268 000	−7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	202 000	235 000	9 000	0
Creditors	374 000	415 000	383 000	329 000
Unpaid Taxes	424 000	211 000	152 000	204 000
Dividends	0	0	0	0
Other Current Debt	702 000	614 000	459 000	444 000
Total Current Debt	1 508 000	1 347 000	1 038 000	977 000
Total Equity and Debt	2 463 000	2 271 000	1 315 000	970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,5 %	61,19 %	102,61 %	1 385,71 %
Debt-to-Equity Ratio	0,27	0,34	0,03	−0
Operating Profit Margin	1,44 %	9,11 %	9,34 %	−5,55 %
Current Ratio	1,18	1,31	1,11	0,87
Quick Ratio	1,18	1,31	1,11	0,87
Equity Ratio	0,31	0,3	0,2	−0,01
Gross Profit Margin	56,81 %	54,69 %	58,41 %	57,04 %