FXR RACING NORWAY AS

3736 SKIEN

Finances

Share Ownership

Return on Equity

432,54 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	17 423 000	14 468 000	14 522 000	0
Net Income	904 000	326 000	−1 042 000	−3 000
Total Assets	31 975 000	20 598 000	14 514 000	30 000
Total Equity	209 000	−695 000	−1 021 000	21 000

Income (NOK)	2021	2020	2019	2018
Revenue	17 423 000	14 468 000	14 522 000	0
Expenditure	16 016 000	14 030 000	15 591 000	3 000
Operating Profit	1 408 000	438 000	−1 070 000	−3 000
Financial Income	439 000	163 000	30 000	0
Financial Costs	557 000	276 000	2 000	0
Financial Balance	−118 000	−113 000	28 000	0
Earnings Before Tax	1 289 000	326 000	−1 042 000	−3 000
Tax	385 000	0	0	0
Net Income	904 000	326 000	−1 042 000	−3 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	31 975 000	20 598 000	14 514 000	30 000
Total Assets	31 975 000	20 598 000	14 514 000	30 000
Total Retained Equity	185 000	−720 000	−1 045 000	−3 000
Total Equity	209 000	−695 000	−1 021 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 766 000	21 293 000	15 535 000	9 000
Total Equity and Debt	31 975 000	20 598 000	14 514 000	30 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	17 423 000	14 468 000	14 522 000	0
Other Income	0	0	0	0
Revenue	17 423 000	14 468 000	14 522 000	0
Cost of Goods Sold	9 591 000	9 204 000	9 923 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 016 000	14 030 000	15 591 000	3 000
Operating Profit	1 408 000	438 000	−1 070 000	−3 000
Financial Income	439 000	163 000	30 000	0
Financial Costs	557 000	276 000	2 000	0
Financial Balance	−118 000	−113 000	28 000	0
Dividends	0	0	0	0
Net Income	904 000	326 000	−1 042 000	−3 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 266 000	1 886 000	5 539 000	30 000
Total Current Assets	31 975 000	20 598 000	14 514 000	30 000
Total Assets	31 975 000	20 598 000	14 514 000	30 000
Total Equity	209 000	−695 000	−1 021 000	21 000
Short-Term Group Debt	15 021 000	11 972 000	0	8 000
Total Long-Term Debt	0	0	0	0
Creditors	13 736 000	7 628 000	7 293 000	1 000
Unpaid Taxes	2 468 000	1 209 000	1 071 000	0
Dividends	0	0	0	0
Other Current Debt	157 000	484 000	7 171 000	0
Total Current Debt	31 766 000	21 293 000	15 535 000	9 000
Total Equity and Debt	31 975 000	20 598 000	14 514 000	30 000

Financial indicators	2021	2020	2019	2018
Return on Equity	432,54 %	−46,91 %	102,06 %	−14,29 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	8,08 %	3,03 %	−7,37 %	-
Current Ratio	1,01	0,97	0,93	3,33
Quick Ratio	1,01	0,97	0,93	3,33
Equity Ratio	0,01	−0,03	−0,07	0,7
Gross Profit Margin	44,95 %	36,38 %	31,67 %	-