OFFROAD E-BIKE AS

0571 OSLO

Finances

Share Ownership

Return on Equity

46,46 %

Current Ratio

2,43

Debt-to-Equity Ratio

1,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	680 000	418 000	170 000	1 000
Net Income	46 000	86 000	−32 000	−25 000
Total Assets	381 000	274 000	347 000	102 000
Total Equity	99 000	53 000	−33 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	680 000	418 000	170 000	1 000
Expenditure	599 000	307 000	194 000	27 000
Operating Profit	81 000	111 000	−24 000	−25 000
Financial Income	0	1 000	0	0
Financial Costs	18 000	13 000	9 000	0
Financial Balance	−18 000	−12 000	−9 000	0
Earnings Before Tax	63 000	98 000	−32 000	−25 000
Tax	17 000	12 000	0	0
Net Income	46 000	86 000	−32 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	209 000	71 000	94 000
Total Current Assets	209 000	65 000	276 000	8 000
Total Assets	381 000	274 000	347 000	102 000
Total Retained Equity	75 000	29 000	−58 000	−25 000
Total Equity	99 000	53 000	−33 000	−1 000
Total Long-Term Debt	196 000	193 000	366 000	70 000
Total Current Debt	86 000	28 000	13 000	33 000
Total Equity and Debt	381 000	274 000	347 000	102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	831 000	390 000	231 000	0
Other Income	−151 000	28 000	−61 000	1 000
Revenue	680 000	418 000	170 000	1 000
Cost of Goods Sold	59 000	70 000	16 000	1 000
Salary Costs	328 000	35 000	19 000	0
Depreciation	65 000	63 000	37 000	7 000
Impairment	0	10 000	0	0
Expenditure	599 000	307 000	194 000	27 000
Operating Profit	81 000	111 000	−24 000	−25 000
Financial Income	0	1 000	0	0
Financial Costs	18 000	13 000	9 000	0
Financial Balance	−18 000	−12 000	−9 000	0
Dividends	0	0	0	0
Net Income	46 000	86 000	−32 000	−25 000

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	172 000	209 000	71 000	94 000
Total Tangible Assets	172 000	209 000	71 000	94 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	172 000	209 000	71 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	60 000	276 000	8 000
Total Current Assets	209 000	65 000	276 000	8 000
Total Assets	381 000	274 000	347 000	102 000
Total Equity	99 000	53 000	−33 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	196 000	193 000	366 000	70 000
Creditors	0	0	0	0
Unpaid Taxes	42 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	13 000	13 000	33 000
Total Current Debt	86 000	28 000	13 000	33 000
Total Equity and Debt	381 000	274 000	347 000	102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,46 %	162,26 %	96,97 %	2 500 %
Debt-to-Equity Ratio	1,98	3,64	−11,09	−70
Operating Profit Margin	11,91 %	26,56 %	−14,12 %	−2 500 %
Current Ratio	2,43	2,32	21,23	0,24
Quick Ratio	2,43	2,32	21,23	0,24
Equity Ratio	0,26	0,19	−0,1	−0,01
Gross Profit Margin	91,32 %	83,25 %	90,59 %	0 %