RC MODELLFLYSPORT AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

77,91 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 447 000	1 285 000	1 293 000	762 000
Net Income	67 000	89 000	−109 000	−85 000
Total Assets	741 000	653 000	615 000	305 000
Total Equity	86 000	19 000	−220 000	−110 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 447 000	1 285 000	1 293 000	762 000
Expenditure	1 366 000	1 188 000	1 390 000	840 000
Operating Profit	81 000	97 000	−96 000	−78 000
Financial Income	3 000	2 000	5 000	2 000
Financial Costs	17 000	11 000	18 000	9 000
Financial Balance	−14 000	−9 000	−13 000	−7 000
Earnings Before Tax	67 000	89 000	−109 000	−85 000
Tax	0	0	0	0
Net Income	67 000	89 000	−109 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	740 000	652 000	614 000	304 000
Total Assets	741 000	653 000	615 000	305 000
Total Retained Equity	−94 000	−161 000	−250 000	−140 000
Total Equity	86 000	19 000	−220 000	−110 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	655 000	634 000	835 000	415 000
Total Equity and Debt	741 000	653 000	615 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 447 000	1 285 000	1 293 000	762 000
Other Income	0	0	0	0
Revenue	1 447 000	1 285 000	1 293 000	762 000
Cost of Goods Sold	994 000	831 000	881 000	602 000
Salary Costs	106 000	32 000	148 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 366 000	1 188 000	1 390 000	840 000
Operating Profit	81 000	97 000	−96 000	−78 000
Financial Income	3 000	2 000	5 000	2 000
Financial Costs	17 000	11 000	18 000	9 000
Financial Balance	−14 000	−9 000	−13 000	−7 000
Dividends	0	0	0	0
Net Income	67 000	89 000	−109 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
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	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	647 000	557 000	493 000	228 000
Total Investments	0	0	0	0
Cash, Bank	79 000	95 000	89 000	53 000
Total Current Assets	740 000	652 000	614 000	304 000
Total Assets	741 000	653 000	615 000	305 000
Total Equity	86 000	19 000	−220 000	−110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	171 000	188 000	363 000	101 000
Unpaid Taxes	48 000	37 000	32 000	13 000
Dividends	0	0	0	0
Other Current Debt	436 000	409 000	440 000	301 000
Total Current Debt	655 000	634 000	835 000	415 000
Total Equity and Debt	741 000	653 000	615 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,91 %	468,42 %	49,55 %	77,27 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	5,6 %	7,55 %	−7,42 %	−10,24 %
Current Ratio	1,13	1,03	0,74	0,73
Quick Ratio	92,5	8,47	1,8	1,63
Equity Ratio	0,12	0,03	−0,36	−0,36
Gross Profit Margin	31,31 %	35,33 %	31,86 %	21 %