LILLESAND MOTORSPORTSENTER AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

−416,67 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 080 000	822 000	0
Net Income	−125 000	−81 000	−302 000	−63 000
Total Assets	740 000	751 000	765 000	791 000
Total Equity	30 000	30 000	30 000	−53 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 080 000	822 000	0
Expenditure	1 569 000	1 183 000	1 233 000	63 000
Operating Profit	−128 000	−104 000	−411 000	−63 000
Financial Income	0	0	0	0
Financial Costs	32 000	0	0	0
Financial Balance	−32 000	0	0	0
Earnings Before Tax	−161 000	−104 000	−411 000	−63 000
Tax	−35 000	−23 000	−109 000	0
Net Income	−125 000	−81 000	−302 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	726 000	735 000	744 000	761 000
Total Current Assets	14 000	16 000	21 000	30 000
Total Assets	740 000	751 000	765 000	791 000
Total Retained Equity	0	0	0	−72 000
Total Equity	30 000	30 000	30 000	−53 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	710 000	721 000	735 000	843 000
Total Equity and Debt	740 000	751 000	765 000	791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 441 000	1 080 000	822 000	0
Other Income	0	0	0	0
Revenue	1 441 000	1 080 000	822 000	0
Cost of Goods Sold	206 000	113 000	29 000	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 569 000	1 183 000	1 233 000	63 000
Operating Profit	−128 000	−104 000	−411 000	−63 000
Financial Income	0	0	0	0
Financial Costs	32 000	0	0	0
Financial Balance	−32 000	0	0	0
Dividends	0	0	0	0
Net Income	−125 000	−81 000	−302 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	14 000	24 000	33 000
Real Eastate	721 000	721 000	721 000	728 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	721 000	721 000	721 000	728 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	726 000	735 000	744 000	761 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	13 000	19 000	30 000
Total Current Assets	14 000	16 000	21 000	30 000
Total Assets	740 000	751 000	765 000	791 000
Total Equity	30 000	30 000	30 000	−53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	3 000	10 000	0
Unpaid Taxes	0	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	682 000	716 000	725 000	843 000
Total Current Debt	710 000	721 000	735 000	843 000
Total Equity and Debt	740 000	751 000	765 000	791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−416,67 %	−270 %	−1 006,67 %	118,87 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−8,88 %	−9,63 %	−50 %	-
Current Ratio	0,02	0,02	0,03	0,04
Quick Ratio	0,02	0,02	0,03	0,04
Equity Ratio	0,04	0,04	0,04	−0,07
Gross Profit Margin	85,7 %	89,54 %	96,47 %	-