RS MOTORSPORT AS

6035 FISKARSTRAND

Finances

Share Ownership

Return on Equity

21,15 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 644 000	1 575 000	1 127 000	0
Net Income	48 000	168 000	−11 000	−9 000
Total Assets	1 195 000	549 000	385 000	36 000
Total Equity	227 000	179 000	11 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 644 000	1 575 000	1 127 000	0
Expenditure	6 600 000	1 366 000	1 138 000	4 000
Operating Profit	43 000	210 000	−11 000	−4 000
Financial Income	18 000	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	18 000	0	0	−5 000
Earnings Before Tax	61 000	210 000	−11 000	−9 000
Tax	13 000	42 000	0	0
Net Income	48 000	168 000	−11 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 195 000	549 000	385 000	36 000
Total Assets	1 195 000	549 000	385 000	36 000
Total Retained Equity	197 000	149 000	−19 000	−9 000
Total Equity	227 000	179 000	11 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	968 000	370 000	374 000	15 000
Total Equity and Debt	1 195 000	549 000	385 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 644 000	1 575 000	1 127 000	0
Other Income	0	0	0	0
Revenue	6 644 000	1 575 000	1 127 000	0
Cost of Goods Sold	4 776 000	1 275 000	1 094 000	0
Salary Costs	1 170 000	0	2 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 600 000	1 366 000	1 138 000	4 000
Operating Profit	43 000	210 000	−11 000	−4 000
Financial Income	18 000	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	18 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	48 000	168 000	−11 000	−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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	737 000	320 000	309 000	0
Total Investments	0	0	0	0
Cash, Bank	191 000	8 000	53 000	36 000
Total Current Assets	1 195 000	549 000	385 000	36 000
Total Assets	1 195 000	549 000	385 000	36 000
Total Equity	227 000	179 000	11 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	313 000	101 000	359 000	0
Unpaid Taxes	64 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	578 000	227 000	15 000	15 000
Total Current Debt	968 000	370 000	374 000	15 000
Total Equity and Debt	1 195 000	549 000	385 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,15 %	93,85 %	−100 %	−42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,65 %	13,33 %	−0,98 %	-
Current Ratio	1,23	1,48	1,03	2,4
Quick Ratio	5,17	10,98	5,92	2,4
Equity Ratio	0,19	0,33	0,03	0,58
Gross Profit Margin	28,12 %	19,05 %	2,93 %	-