ON TWO WHEELS AS

2870 DOKKA

Finances

Return on Equity

−18,31 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 154 000	3 953 000	4 006 000	2 254 000
Net Income	−725 000	−1 994 000	−550 000	−1 937 000
Total Assets	7 591 000	8 389 000	11 269 000	12 241 000
Total Equity	3 960 000	4 685 000	6 679 000	7 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 154 000	3 953 000	4 006 000	2 254 000
Expenditure	2 683 000	4 856 000	4 538 000	4 684 000
Operating Profit	−529 000	−902 000	−532 000	−2 430 000
Financial Income	0	0	0	1 000
Financial Costs	197 000	159 000	173 000	54 000
Financial Balance	−197 000	−159 000	−173 000	−53 000
Earnings Before Tax	−725 000	−1 061 000	−705 000	−2 483 000
Tax	0	934 000	−155 000	−546 000
Net Income	−725 000	−1 994 000	−550 000	−1 937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 703 000	5 977 000	7 278 000	7 378 000
Total Current Assets	1 888 000	2 412 000	3 991 000	4 863 000
Total Assets	7 591 000	8 389 000	11 269 000	12 241 000
Total Retained Equity	−6 083 000	−5 358 000	−3 364 000	−2 814 000
Total Equity	3 960 000	4 685 000	6 679 000	7 229 000
Total Long-Term Debt	3 006 000	2 732 000	2 885 000	2 988 000
Total Current Debt	626 000	971 000	1 705 000	2 023 000
Total Equity and Debt	7 591 000	8 389 000	11 269 000	12 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 664 000	3 839 000	3 847 000	2 039 000
Other Income	490 000	114 000	159 000	214 000
Revenue	2 154 000	3 953 000	4 006 000	2 254 000
Cost of Goods Sold	1 101 000	3 079 000	2 755 000	1 577 000
Salary Costs	376 000	588 000	589 000	617 000
Depreciation	294 000	389 000	391 000	330 000
Impairment	0	0	0	0
Expenditure	2 683 000	4 856 000	4 538 000	4 684 000
Operating Profit	−529 000	−902 000	−532 000	−2 430 000
Financial Income	0	0	0	1 000
Financial Costs	197 000	159 000	173 000	54 000
Financial Balance	−197 000	−159 000	−173 000	−53 000
Dividends	0	0	0	0
Net Income	−725 000	−1 994 000	−550 000	−1 937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	934 000	778 000
Real Eastate	5 474 000	5 618 000	5 740 000	5 784 000
Machinery and Plant Facilities	135 000	327 000	560 000	793 000
Fixtures	35 000	17 000	30 000	23 000
Total Tangible Assets	5 644 000	5 962 000	6 330 000	6 600 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	5 703 000	5 977 000	7 278 000	7 378 000
Stock	1 612 000	1 954 000	3 294 000	4 014 000
Total Investments	0	0	0	0
Cash, Bank	12 000	0	9 000	22 000
Total Current Assets	1 888 000	2 412 000	3 991 000	4 863 000
Total Assets	7 591 000	8 389 000	11 269 000	12 241 000
Total Equity	3 960 000	4 685 000	6 679 000	7 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 006 000	2 732 000	2 885 000	2 988 000
Creditors	58 000	119 000	317 000	219 000
Unpaid Taxes	0	41 000	55 000	28 000
Dividends	0	0	0	0
Other Current Debt	111 000	302 000	838 000	1 453 000
Total Current Debt	626 000	971 000	1 705 000	2 023 000
Total Equity and Debt	7 591 000	8 389 000	11 269 000	12 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,31 %	−42,56 %	−8,23 %	−26,79 %
Debt-to-Equity Ratio	0,76	0,58	0,43	0,41
Operating Profit Margin	−24,56 %	−22,82 %	−13,28 %	−107,81 %
Current Ratio	3,02	2,48	2,34	2,4
Quick Ratio	−1,91	−2,45	−2,51	−2,44
Equity Ratio	0,52	0,56	0,59	0,59
Gross Profit Margin	48,89 %	22,11 %	31,23 %	30,04 %