AJ MOTOR AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

37,56 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	646 000	893 000	717 000	87 000
Net Income	−74 000	−75 000	−64 000	−9 000
Total Assets	354 000	253 000	463 000	54 000
Total Equity	−197 000	−124 000	−49 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	646 000	893 000	717 000	87 000
Expenditure	752 000	988 000	767 000	96 000
Operating Profit	−51 000	−62 000	−51 000	−9 000
Financial Income	2 000	7 000	1 000	0
Financial Costs	24 000	19 000	15 000	0
Financial Balance	−22 000	−12 000	−14 000	0
Earnings Before Tax	−74 000	−74 000	−64 000	−9 000
Tax	0	0	0	0
Net Income	−74 000	−75 000	−64 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	124 000	176 000	25 000
Total Current Assets	281 000	129 000	287 000	29 000
Total Assets	354 000	253 000	463 000	54 000
Total Retained Equity	−221 000	−148 000	−73 000	−9 000
Total Equity	−197 000	−124 000	−49 000	15 000
Total Long-Term Debt	132 000	0	230 000	0
Total Current Debt	420 000	377 000	282 000	39 000
Total Equity and Debt	354 000	253 000	463 000	54 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	643 000	890 000	705 000	84 000
Other Income	3 000	3 000	12 000	3 000
Revenue	646 000	893 000	717 000	87 000
Cost of Goods Sold	216 000	515 000	423 000	45 000
Salary Costs	151 000	90 000	0	0
Depreciation	51 000	52 000	81 000	11 000
Impairment	0	0	0	0
Expenditure	752 000	988 000	767 000	96 000
Operating Profit	−51 000	−62 000	−51 000	−9 000
Financial Income	2 000	7 000	1 000	0
Financial Costs	24 000	19 000	15 000	0
Financial Balance	−22 000	−12 000	−14 000	0
Dividends	0	0	0	0
Net Income	−74 000	−75 000	−64 000	−9 000

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	114 000	0
Fixtures	73 000	124 000	61 000	25 000
Total Tangible Assets	73 000	124 000	176 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 000	124 000	176 000	25 000
Stock	270 000	215 000	181 000	2 000
Total Investments	0	0	0	0
Cash, Bank	0	−198 000	0	25 000
Total Current Assets	281 000	129 000	287 000	29 000
Total Assets	354 000	253 000	463 000	54 000
Total Equity	−197 000	−124 000	−49 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	132 000	0	230 000	0
Creditors	110 000	127 000	63 000	10 000
Unpaid Taxes	25 000	32 000	17 000	2 000
Dividends	0	0	0	0
Other Current Debt	52 000	36 000	27 000	26 000
Total Current Debt	420 000	377 000	282 000	39 000
Total Equity and Debt	354 000	253 000	463 000	54 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,56 %	60,48 %	130,61 %	−60 %
Debt-to-Equity Ratio	−0,67	−0	−4,69	0
Operating Profit Margin	−7,89 %	−6,94 %	−7,11 %	−10,34 %
Current Ratio	0,67	0,34	1,02	0,74
Quick Ratio	1,87	0,8	2,84	0,78
Equity Ratio	−0,56	−0,49	−0,11	0,28
Gross Profit Margin	66,56 %	42,33 %	41 %	48,28 %