PRO AUTO SPORT AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

79,35 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018
Revenue	11 295 000	4 594 000	3 761 000
Net Income	753 000	21 000	145 000
Total Assets	1 998 000	681 000	907 000
Total Equity	949 000	196 000	175 000

Income (NOK)	2020	2019	2018
Revenue	11 295 000	4 594 000	3 761 000
Expenditure	10 287 000	4 564 000	4 086 000
Operating Profit	1 007 000	29 000	188 000
Financial Income	0	0	0
Financial Costs	42 000	2 000	0
Financial Balance	−42 000	−2 000	0
Earnings Before Tax	966 000	27 000	188 000
Tax	213 000	6 000	43 000
Net Income	753 000	21 000	145 000

Balance (NOK)	2020	2019	2018
Total Fixed Assets	26 000	0	0
Total Current Assets	1 973 000	681 000	907 000
Total Assets	1 998 000	681 000	907 000
Total Retained Equity	919 000	166 000	145 000
Total Equity	949 000	196 000	175 000
Total Long-Term Debt	0	96 000	272 000
Total Current Debt	1 049 000	390 000	460 000
Total Equity and Debt	1 998 000	681 000	907 000

Cash flow (NOK)	2020	2019	2018
Sales Income	11 265 000	4 594 000	3 761 000
Other Income	29 000	0	0
Revenue	11 295 000	4 594 000	3 761 000
Cost of Goods Sold	9 251 000	3 405 000	3 651 000
Salary Costs	605 000	717 000	115 000
Depreciation	11 000	0	0
Impairment	0	0	0
Expenditure	10 287 000	4 564 000	4 086 000
Operating Profit	1 007 000	29 000	188 000
Financial Income	0	0	0
Financial Costs	42 000	2 000	0
Financial Balance	−42 000	−2 000	0
Dividends	0	0	0
Net Income	753 000	21 000	145 000

Balance details (NOK)	2020	2019	2018
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	26 000	0	0
Total Tangible Assets	26 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	26 000	0	0
Stock	1 662 000	650 000	513 000
Total Investments	0	0	0
Cash, Bank	311 000	31 000	182 000
Total Current Assets	1 973 000	681 000	907 000
Total Assets	1 998 000	681 000	907 000
Total Equity	949 000	196 000	175 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	96 000	272 000
Creditors	332 000	2 000	77 000
Unpaid Taxes	98 000	79 000	2 000
Dividends	0	0	0
Other Current Debt	406 000	302 000	339 000
Total Current Debt	1 049 000	390 000	460 000
Total Equity and Debt	1 998 000	681 000	907 000

Financial indicators	2020	2019	2018
Return on Equity	79,35 %	10,71 %	82,86 %
Debt-to-Equity Ratio	0	0,49	1,55
Operating Profit Margin	8,92 %	0,63 %	5 %
Current Ratio	1,88	1,75	1,97
Quick Ratio	−3,22	−2,62	−17,11
Equity Ratio	0,47	0,29	0,19
Gross Profit Margin	18,1 %	25,88 %	2,92 %