AGDER MOTORSPORT AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

58,87 %

Current Ratio

0,76

Debt-to-Equity Ratio

−1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	345 000	745 000	928 000
Net Income	−292 000	−493 000	−187 000	−280 000
Total Assets	467 000	312 000	641 000	1 037 000
Total Equity	−496 000	−204 000	−497 000	−311 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	345 000	745 000	928 000
Expenditure	389 000	738 000	788 000	1 291 000
Operating Profit	−248 000	−393 000	−44 000	−363 000
Financial Income	0	0	0	0
Financial Costs	44 000	100 000	27 000	32 000
Financial Balance	−44 000	−100 000	−27 000	−32 000
Earnings Before Tax	−292 000	−493 000	−71 000	−395 000
Tax	0	0	116 000	−116 000
Net Income	−292 000	−493 000	−187 000	−280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	266 000	561 000	817 000
Total Current Assets	110 000	45 000	80 000	220 000
Total Assets	467 000	312 000	641 000	1 037 000
Total Retained Equity	−596 000	−1 090 000	−597 000	−411 000
Total Equity	−496 000	−204 000	−497 000	−311 000
Total Long-Term Debt	818 000	224 000	289 000	356 000
Total Current Debt	145 000	292 000	849 000	992 000
Total Equity and Debt	467 000	312 000	641 000	1 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	345 000	297 000	829 000
Other Income	0	0	447 000	99 000
Revenue	140 000	345 000	745 000	928 000
Cost of Goods Sold	57 000	0	0	0
Salary Costs	0	0	194 000	424 000
Depreciation	84 000	65 000	140 000	175 000
Impairment	0	0	0	0
Expenditure	389 000	738 000	788 000	1 291 000
Operating Profit	−248 000	−393 000	−44 000	−363 000
Financial Income	0	0	0	0
Financial Costs	44 000	100 000	27 000	32 000
Financial Balance	−44 000	−100 000	−27 000	−32 000
Dividends	0	0	0	0
Net Income	−292 000	−493 000	−187 000	−280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	0	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	323 000	261 000	561 000	701 000
Fixtures	0	0	0	0
Total Tangible Assets	323 000	261 000	561 000	701 000
Total Fiancial Fixed Assets	6 000	6 000	0	0
Total Fixed Assets	357 000	266 000	561 000	817 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	45 000	56 000	125 000
Total Current Assets	110 000	45 000	80 000	220 000
Total Assets	467 000	312 000	641 000	1 037 000
Total Equity	−496 000	−204 000	−497 000	−311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	818 000	224 000	289 000	356 000
Creditors	144 000	308 000	71 000	189 000
Unpaid Taxes	0	−16 000	48 000	39 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	730 000	764 000
Total Current Debt	145 000	292 000	849 000	992 000
Total Equity and Debt	467 000	312 000	641 000	1 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,87 %	241,67 %	37,63 %	90,03 %
Debt-to-Equity Ratio	−1,65	−1,1	−0,58	−1,14
Operating Profit Margin	−177,14 %	−113,91 %	−5,91 %	−39,12 %
Current Ratio	0,76	0,15	0,09	0,22
Quick Ratio	0,76	0,15	0,09	0,22
Equity Ratio	−1,06	−0,65	−0,78	−0,3
Gross Profit Margin	59,29 %	100 %	100 %	100 %