MOTOR-SPORTS AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

19,37 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	836 000	951 000	630 000
Net Income	43 000	−34 000	92 000	98 000
Total Assets	637 000	584 000	774 000	627 000
Total Equity	222 000	180 000	214 000	122 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	836 000	951 000	630 000
Expenditure	866 000	868 000	832 000	486 000
Operating Profit	55 000	−32 000	120 000	144 000
Financial Income	4 000	3 000	0	0
Financial Costs	0	6 000	1 000	1 000
Financial Balance	4 000	−3 000	−1 000	−1 000
Earnings Before Tax	58 000	−34 000	119 000	143 000
Tax	15 000	0	27 000	46 000
Net Income	43 000	−34 000	92 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	114 000	151 000	189 000
Total Current Assets	560 000	471 000	623 000	438 000
Total Assets	637 000	584 000	774 000	627 000
Total Retained Equity	192 000	150 000	189 000	98 000
Total Equity	222 000	180 000	214 000	122 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	414 000	405 000	560 000	505 000
Total Equity and Debt	637 000	584 000	774 000	627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	920 000	836 000	951 000	630 000
Other Income	0	0	0	0
Revenue	920 000	836 000	951 000	630 000
Cost of Goods Sold	334 000	183 000	299 000	177 000
Salary Costs	12 000	9 000	249 000	126 000
Depreciation	28 000	28 000	28 000	25 000
Impairment	0	0	0	0
Expenditure	866 000	868 000	832 000	486 000
Operating Profit	55 000	−32 000	120 000	144 000
Financial Income	4 000	3 000	0	0
Financial Costs	0	6 000	1 000	1 000
Financial Balance	4 000	−3 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	43 000	−34 000	92 000	98 000

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	58 000	85 000	113 000	140 000
Total Tangible Assets	58 000	85 000	113 000	140 000
Total Fiancial Fixed Assets	19 000	29 000	39 000	49 000
Total Fixed Assets	76 000	114 000	151 000	189 000
Stock	136 000	96 000	49 000	119 000
Total Investments	0	0	0	0
Cash, Bank	251 000	291 000	468 000	62 000
Total Current Assets	560 000	471 000	623 000	438 000
Total Assets	637 000	584 000	774 000	627 000
Total Equity	222 000	180 000	214 000	122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	90 000	8 000	32 000	9 000
Unpaid Taxes	0	0	46 000	0
Dividends	0	0	0	0
Other Current Debt	309 000	380 000	410 000	450 000
Total Current Debt	414 000	405 000	560 000	505 000
Total Equity and Debt	637 000	584 000	774 000	627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,37 %	−18,89 %	42,99 %	80,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,98 %	−3,83 %	12,62 %	22,86 %
Current Ratio	1,35	1,16	1,11	0,87
Quick Ratio	2,01	1,52	1,22	1,13
Equity Ratio	0,35	0,31	0,28	0,19
Gross Profit Margin	63,7 %	78,11 %	68,56 %	71,9 %