XPND AUTOMOTIVE AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

1,44 %

Current Ratio

1,89

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	204 637 000	183 119 000	97 172 000	43 797 000
Net Income	179 000	1 185 000	−1 591 000	−1 605 000
Total Assets	57 118 000	40 153 000	46 721 000	30 376 000
Total Equity	12 389 000	12 210 000	8 633 000	10 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	204 637 000	183 119 000	97 172 000	43 797 000
Expenditure	203 873 000	181 033 000	98 078 000	45 751 000
Operating Profit	763 000	2 086 000	−905 000	−1 954 000
Financial Income	453 000	328 000	25 000	123 000
Financial Costs	982 000	880 000	1 140 000	222 000
Financial Balance	−529 000	−552 000	−1 115 000	−99 000
Earnings Before Tax	234 000	1 534 000	−2 020 000	−2 053 000
Tax	55 000	349 000	−429 000	−448 000
Net Income	179 000	1 185 000	−1 591 000	−1 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 350 000	3 858 000	5 226 000	3 621 000
Total Current Assets	50 768 000	36 295 000	41 495 000	26 754 000
Total Assets	57 118 000	40 153 000	46 721 000	30 376 000
Total Retained Equity	1 365 000	1 185 000	0	0
Total Equity	12 389 000	12 210 000	8 633 000	10 224 000
Total Long-Term Debt	17 828 000	11 790 000	22 083 000	3 450 000
Total Current Debt	26 902 000	16 153 000	16 004 000	16 701 000
Total Equity and Debt	57 118 000	40 153 000	46 721 000	30 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 601 000	183 119 000	97 172 000	43 783 000
Other Income	36 000	0	0	14 000
Revenue	204 637 000	183 119 000	97 172 000	43 797 000
Cost of Goods Sold	184 632 000	165 801 000	88 195 000	39 576 000
Salary Costs	8 011 000	5 689 000	3 595 000	2 349 000
Depreciation	724 000	497 000	392 000	263 000
Impairment	0	0	0	0
Expenditure	203 873 000	181 033 000	98 078 000	45 751 000
Operating Profit	763 000	2 086 000	−905 000	−1 954 000
Financial Income	453 000	328 000	25 000	123 000
Financial Costs	982 000	880 000	1 140 000	222 000
Financial Balance	−529 000	−552 000	−1 115 000	−99 000
Dividends	0	0	0	0
Net Income	179 000	1 185 000	−1 591 000	−1 605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	926 000	496 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 350 000	3 858 000	4 300 000	3 125 000
Total Tangible Assets	6 350 000	3 858 000	4 300 000	3 125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 350 000	3 858 000	5 226 000	3 621 000
Stock	39 212 000	22 093 000	39 774 000	24 313 000
Total Investments	0	0	0	0
Cash, Bank	1 763 000	4 139 000	309 000	1 439 000
Total Current Assets	50 768 000	36 295 000	41 495 000	26 754 000
Total Assets	57 118 000	40 153 000	46 721 000	30 376 000
Total Equity	12 389 000	12 210 000	8 633 000	10 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 828 000	11 790 000	22 083 000	3 450 000
Creditors	13 182 000	8 895 000	5 694 000	6 607 000
Unpaid Taxes	6 931 000	5 397 000	2 194 000	2 298 000
Dividends	0	0	0	0
Other Current Debt	2 480 000	1 861 000	911 000	1 244 000
Total Current Debt	26 902 000	16 153 000	16 004 000	16 701 000
Total Equity and Debt	57 118 000	40 153 000	46 721 000	30 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,44 %	9,71 %	−18,43 %	−15,7 %
Debt-to-Equity Ratio	1,44	0,97	2,56	0,34
Operating Profit Margin	0,37 %	1,14 %	−0,93 %	−4,46 %
Current Ratio	1,89	2,25	2,59	1,6
Quick Ratio	−4,12	−6,11	−1,75	−3,51
Equity Ratio	0,22	0,3	0,18	0,34
Gross Profit Margin	9,78 %	9,46 %	9,24 %	9,64 %