WIIK MOTORSPORT AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

111,61 %

Current Ratio

1,45

Debt-to-Equity Ratio

−4,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 075 000	1 317 000	1 487 000	1 332 000
Net Income	−567 000	7 000	0	27 000
Total Assets	1 665 000	1 961 000	1 851 000	2 029 000
Total Equity	−508 000	65 000	59 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 075 000	1 317 000	1 487 000	1 332 000
Expenditure	1 641 000	1 308 000	1 485 000	1 297 000
Operating Profit	−567 000	9 000	2 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	2 000	0
Financial Balance	0	−12 000	−2 000	0
Earnings Before Tax	−567 000	−3 000	0	34 000
Tax	0	−10 000	0	8 000
Net Income	−567 000	7 000	0	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 490 000	1 891 000	1 828 000	1 882 000
Total Current Assets	175 000	70 000	23 000	147 000
Total Assets	1 665 000	1 961 000	1 851 000	2 029 000
Total Retained Equity	−538 000	41 000	34 000	34 000
Total Equity	−508 000	65 000	59 000	58 000
Total Long-Term Debt	2 053 000	1 421 000	662 000	694 000
Total Current Debt	121 000	474 000	1 131 000	1 277 000
Total Equity and Debt	1 665 000	1 961 000	1 851 000	2 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 066 000	1 394 000	1 190 000	1 271 000
Other Income	9 000	−76 000	297 000	61 000
Revenue	1 075 000	1 317 000	1 487 000	1 332 000
Cost of Goods Sold	2 000	11 000	19 000	3 000
Salary Costs	0	0	0	1 000
Depreciation	415 000	430 000	471 000	473 000
Impairment	0	0	0	0
Expenditure	1 641 000	1 308 000	1 485 000	1 297 000
Operating Profit	−567 000	9 000	2 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	2 000	0
Financial Balance	0	−12 000	−2 000	0
Dividends	0	0	0	0
Net Income	−567 000	7 000	0	27 000

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	990 000	1 391 000	1 828 000	1 882 000
Total Tangible Assets	990 000	1 391 000	1 828 000	1 882 000
Total Fiancial Fixed Assets	500 000	500 000	0	0
Total Fixed Assets	1 490 000	1 891 000	1 828 000	1 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	175 000	70 000	23 000	147 000
Total Assets	1 665 000	1 961 000	1 851 000	2 029 000
Total Equity	−508 000	65 000	59 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 053 000	1 421 000	662 000	694 000
Creditors	76 000	72 000	1 050 000	1 076 000
Unpaid Taxes	0	−2 000	−27 000	43 000
Dividends	0	0	0	0
Other Current Debt	45 000	404 000	105 000	147 000
Total Current Debt	121 000	474 000	1 131 000	1 277 000
Total Equity and Debt	1 665 000	1 961 000	1 851 000	2 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,61 %	10,77 %	0 %	46,55 %
Debt-to-Equity Ratio	−4,04	21,86	11,22	11,97
Operating Profit Margin	−52,74 %	0,68 %	0,13 %	2,55 %
Current Ratio	1,45	0,15	0,02	0,12
Quick Ratio	1,45	0,15	0,02	0,12
Equity Ratio	−0,31	0,03	0,03	0,03
Gross Profit Margin	99,81 %	99,16 %	98,72 %	99,77 %