T.K.MOTORSPORT AS

1859 SLITU

Finances

Share Ownership

Return on Equity

56,1 %

Current Ratio

0,86

Debt-to-Equity Ratio

−3,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	923 000	326 000	252 000	89 000
Net Income	−23 000	21 000	−13 000	−50 000
Total Assets	251 000	258 000	300 000	339 000
Total Equity	−41 000	−18 000	−38 000	−25 000

Income (NOK)	2022	2021	2020	2019
Revenue	923 000	326 000	252 000	89 000
Expenditure	938 000	288 000	243 000	125 000
Operating Profit	−14 000	38 000	9 000	−36 000
Financial Income	0	0	1 000	0
Financial Costs	16 000	17 000	23 000	13 000
Financial Balance	−16 000	−17 000	−22 000	−13 000
Earnings Before Tax	−30 000	21 000	−13 000	−50 000
Tax	−7 000	0	0	0
Net Income	−23 000	21 000	−13 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	153 000	198 000	228 000
Total Current Assets	114 000	104 000	103 000	111 000
Total Assets	251 000	258 000	300 000	339 000
Total Retained Equity	−71 000	−48 000	−68 000	−55 000
Total Equity	−41 000	−18 000	−38 000	−25 000
Total Long-Term Debt	159 000	241 000	324 000	365 000
Total Current Debt	133 000	34 000	15 000	0
Total Equity and Debt	251 000	258 000	300 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	921 000	326 000	252 000	89 000
Other Income	2 000	0	0	0
Revenue	923 000	326 000	252 000	89 000
Cost of Goods Sold	50 000	91 000	129 000	34 000
Salary Costs	576 000	88 000	0	0
Depreciation	40 000	39 000	39 000	26 000
Impairment	0	0	0	0
Expenditure	938 000	288 000	243 000	125 000
Operating Profit	−14 000	38 000	9 000	−36 000
Financial Income	0	0	1 000	0
Financial Costs	16 000	17 000	23 000	13 000
Financial Balance	−16 000	−17 000	−22 000	−13 000
Dividends	0	0	0	0
Net Income	−23 000	21 000	−13 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	92 000	131 000	170 000
Total Tangible Assets	52 000	92 000	131 000	170 000
Total Fiancial Fixed Assets	76 000	62 000	67 000	58 000
Total Fixed Assets	137 000	153 000	198 000	228 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	16 000	92 000	47 000
Total Current Assets	114 000	104 000	103 000	111 000
Total Assets	251 000	258 000	300 000	339 000
Total Equity	−41 000	−18 000	−38 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	159 000	241 000	324 000	365 000
Creditors	0	5 000	7 000	0
Unpaid Taxes	70 000	22 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	62 000	8 000	0	0
Total Current Debt	133 000	34 000	15 000	0
Total Equity and Debt	251 000	258 000	300 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,1 %	−116,67 %	34,21 %	200 %
Debt-to-Equity Ratio	−3,88	−13,39	−8,53	−14,6
Operating Profit Margin	−1,52 %	11,66 %	3,57 %	−40,45 %
Current Ratio	0,86	3,06	6,87	-
Quick Ratio	0,86	3,06	6,87	-
Equity Ratio	−0,16	−0,07	−0,13	−0,07
Gross Profit Margin	94,58 %	72,09 %	48,81 %	61,8 %