ROYAL MOTOR AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−27,75 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 281 000	2 712 000	1 632 000	356 000
Net Income	−116 000	210 000	163 000	29 000
Total Assets	1 286 000	1 272 000	662 000	75 000
Total Equity	418 000	534 000	222 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 281 000	2 712 000	1 632 000	356 000
Expenditure	3 376 000	2 595 000	1 397 000	319 000
Operating Profit	−95 000	118 000	235 000	37 000
Financial Income	0	−3 000	−1 000	0
Financial Costs	34 000	21 000	1 000	0
Financial Balance	−34 000	−24 000	−2 000	0
Earnings Before Tax	−129 000	94 000	233 000	37 000
Tax	−13 000	−117 000	70 000	8 000
Net Income	−116 000	210 000	163 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	79 000	29 000	0
Total Current Assets	1 188 000	1 193 000	633 000	75 000
Total Assets	1 286 000	1 272 000	662 000	75 000
Total Retained Equity	388 000	504 000	192 000	29 000
Total Equity	418 000	534 000	222 000	59 000
Total Long-Term Debt	150 000	156 000	108 000	0
Total Current Debt	718 000	582 000	332 000	16 000
Total Equity and Debt	1 286 000	1 272 000	662 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 281 000	2 712 000	1 632 000	356 000
Other Income	0	0	0	0
Revenue	3 281 000	2 712 000	1 632 000	356 000
Cost of Goods Sold	2 159 000	1 726 000	960 000	317 000
Salary Costs	246 000	91 000	41 000	0
Depreciation	10 000	10 000	2 000	0
Impairment	0	0	0	0
Expenditure	3 376 000	2 595 000	1 397 000	319 000
Operating Profit	−95 000	118 000	235 000	37 000
Financial Income	0	−3 000	−1 000	0
Financial Costs	34 000	21 000	1 000	0
Financial Balance	−34 000	−24 000	−2 000	0
Dividends	0	0	0	0
Net Income	−116 000	210 000	163 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	19 000	29 000	0
Total Tangible Assets	8 000	19 000	29 000	0
Total Fiancial Fixed Assets	77 000	60 000	0	0
Total Fixed Assets	98 000	79 000	29 000	0
Stock	750 000	757 000	400 000	0
Total Investments	0	0	0	0
Cash, Bank	63 000	51 000	−25 000	38 000
Total Current Assets	1 188 000	1 193 000	633 000	75 000
Total Assets	1 286 000	1 272 000	662 000	75 000
Total Equity	418 000	534 000	222 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	156 000	108 000	0
Creditors	425 000	358 000	200 000	0
Unpaid Taxes	5 000	−104 000	−63 000	0
Dividends	0	0	0	0
Other Current Debt	288 000	305 000	118 000	8 000
Total Current Debt	718 000	582 000	332 000	16 000
Total Equity and Debt	1 286 000	1 272 000	662 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,75 %	39,33 %	73,42 %	49,15 %
Debt-to-Equity Ratio	0,36	0,29	0,49	0
Operating Profit Margin	−2,9 %	4,35 %	14,4 %	10,39 %
Current Ratio	1,65	2,05	1,91	4,69
Quick Ratio	−37,13	−6,82	−9,31	4,69
Equity Ratio	0,33	0,42	0,34	0,79
Gross Profit Margin	34,2 %	36,36 %	41,18 %	10,96 %