OPTIMAL AUTO AS

2022 GJERDRUM

Finances

Share Ownership

Return on Equity

46,67 %

Current Ratio

4,44

Debt-to-Equity Ratio

6,1

Key figures (NOK)	2021	2020	2019
Revenue	31 819 000	14 127 000	0
Net Income	196 000	219 000	−25 000
Total Assets	3 804 000	759 000	10 000
Total Equity	420 000	224 000	5 000

Income (NOK)	2021	2020	2019
Revenue	31 819 000	14 127 000	0
Expenditure	31 535 000	13 847 000	34 000
Operating Profit	284 000	280 000	−34 000
Financial Income	5 000	0	0
Financial Costs	38 000	0	0
Financial Balance	−33 000	0	0
Earnings Before Tax	251 000	280 000	−34 000
Tax	55 000	62 000	−9 000
Net Income	196 000	219 000	−25 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	151 000	65 000	9 000
Total Current Assets	3 653 000	694 000	1 000
Total Assets	3 804 000	759 000	10 000
Total Retained Equity	390 000	194 000	−25 000
Total Equity	420 000	224 000	5 000
Total Long-Term Debt	2 561 000	575 000	0
Total Current Debt	823 000	−40 000	5 000
Total Equity and Debt	3 804 000	759 000	10 000

Cash flow (NOK)	2021	2020	2019
Sales Income	31 509 000	13 986 000	0
Other Income	310 000	141 000	0
Revenue	31 819 000	14 127 000	0
Cost of Goods Sold	30 218 000	13 357 000	0
Salary Costs	197 000	0	0
Depreciation	41 000	5 000	0
Impairment	0	0	0
Expenditure	31 535 000	13 847 000	34 000
Operating Profit	284 000	280 000	−34 000
Financial Income	5 000	0	0
Financial Costs	38 000	0	0
Financial Balance	−33 000	0	0
Dividends	0	0	0
Net Income	196 000	219 000	−25 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	2 000	0	9 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	101 000	17 000	0
Total Tangible Assets	101 000	17 000	0
Total Fiancial Fixed Assets	48 000	48 000	0
Total Fixed Assets	151 000	65 000	9 000
Stock	2 827 000	408 000	0
Total Investments	0	0	0
Cash, Bank	754 000	218 000	1 000
Total Current Assets	3 653 000	694 000	1 000
Total Assets	3 804 000	759 000	10 000
Total Equity	420 000	224 000	5 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 561 000	575 000	0
Creditors	801 000	40 000	11 000
Unpaid Taxes	−70 000	−133 000	−6 000
Dividends	0	0	0
Other Current Debt	31 000	4 000	0
Total Current Debt	823 000	−40 000	5 000
Total Equity and Debt	3 804 000	759 000	10 000

Financial indicators	2021	2020	2019
Return on Equity	46,67 %	97,77 %	−500 %
Debt-to-Equity Ratio	6,1	2,57	0
Operating Profit Margin	0,89 %	1,98 %	-
Current Ratio	4,44	−17,35	0,2
Quick Ratio	−1,82	−1,55	0,2
Equity Ratio	0,11	0,3	0,5
Gross Profit Margin	5,03 %	5,45 %	-