SUNNMØRE AUTO AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

62,56 %

Current Ratio

1,83

Debt-to-Equity Ratio

4,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	787 000	1 164 000	236 000
Net Income	142 000	36 000	53 000	−34 000
Total Assets	1 361 000	495 000	532 000	379 000
Total Equity	227 000	86 000	50 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	787 000	1 164 000	236 000
Expenditure	1 121 000	741 000	1 085 000	312 000
Operating Profit	226 000	46 000	60 000	−33 000
Financial Income	−1 000	0	1 000	0
Financial Costs	38 000	0	1 000	0
Financial Balance	−39 000	0	0	0
Earnings Before Tax	187 000	46 000	59 000	−34 000
Tax	45 000	10 000	6 000	0
Net Income	142 000	36 000	53 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 061 000	248 000	368 000	307 000
Total Current Assets	300 000	247 000	163 000	72 000
Total Assets	1 361 000	495 000	532 000	379 000
Total Retained Equity	197 000	56 000	20 000	−34 000
Total Equity	227 000	86 000	50 000	−4 000
Total Long-Term Debt	970 000	330 000	0	0
Total Current Debt	164 000	80 000	482 000	382 000
Total Equity and Debt	1 361 000	495 000	532 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 268 000	679 000	763 000	174 000
Other Income	78 000	107 000	401 000	62 000
Revenue	1 346 000	787 000	1 164 000	236 000
Cost of Goods Sold	191 000	231 000	405 000	113 000
Salary Costs	34 000	8 000	4 000	14 000
Depreciation	115 000	34 000	0	0
Impairment	0	0	0	0
Expenditure	1 121 000	741 000	1 085 000	312 000
Operating Profit	226 000	46 000	60 000	−33 000
Financial Income	−1 000	0	1 000	0
Financial Costs	38 000	0	1 000	0
Financial Balance	−39 000	0	0	0
Dividends	0	0	0	0
Net Income	142 000	36 000	53 000	−34 000

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	10 000	13 000	17 000	0
Fixtures	1 049 000	235 000	301 000	307 000
Total Tangible Assets	1 059 000	248 000	318 000	307 000
Total Fiancial Fixed Assets	3 000	0	50 000	0
Total Fixed Assets	1 061 000	248 000	368 000	307 000
Stock	13 000	13 000	83 000	42 000
Total Investments	0	0	0	0
Cash, Bank	110 000	68 000	28 000	18 000
Total Current Assets	300 000	247 000	163 000	72 000
Total Assets	1 361 000	495 000	532 000	379 000
Total Equity	227 000	86 000	50 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	970 000	330 000	0	0
Creditors	131 000	68 000	102 000	48 000
Unpaid Taxes	2 000	7 000	0	−17 000
Dividends	0	0	0	0
Other Current Debt	7 000	1 000	374 000	351 000
Total Current Debt	164 000	80 000	482 000	382 000
Total Equity and Debt	1 361 000	495 000	532 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,56 %	41,86 %	106 %	850 %
Debt-to-Equity Ratio	4,27	3,84	0	−0
Operating Profit Margin	16,79 %	5,84 %	5,15 %	−13,98 %
Current Ratio	1,83	3,09	0,34	0,19
Quick Ratio	1,99	3,69	0,41	0,21
Equity Ratio	0,17	0,17	0,09	−0,01
Gross Profit Margin	85,81 %	70,65 %	65,21 %	52,12 %