POWERSPORT AS

3656 ATRÅ

Finances

Share Ownership

Return on Equity

53,92 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2021	2020	2019
Revenue	40 554 000	29 159 000	1 533 000
Net Income	1 796 000	541 000	5 000
Total Assets	14 960 000	10 359 000	2 771 000
Total Equity	3 331 000	1 535 000	994 000

Income (NOK)	2021	2020	2019
Revenue	40 554 000	29 159 000	1 533 000
Expenditure	38 177 000	28 457 000	1 524 000
Operating Profit	2 378 000	702 000	9 000
Financial Income	18 000	21 000	0
Financial Costs	86 000	30 000	3 000
Financial Balance	−68 000	−9 000	−3 000
Earnings Before Tax	2 310 000	692 000	5 000
Tax	514 000	151 000	0
Net Income	1 796 000	541 000	5 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	101 000	39 000	0
Total Current Assets	14 859 000	10 320 000	2 771 000
Total Assets	14 960 000	10 359 000	2 771 000
Total Retained Equity	2 342 000	546 000	5 000
Total Equity	3 331 000	1 535 000	994 000
Total Long-Term Debt	740 000	281 000	0
Total Current Debt	10 889 000	8 542 000	1 776 000
Total Equity and Debt	14 960 000	10 359 000	2 771 000

Cash flow (NOK)	2021	2020	2019
Sales Income	40 553 000	29 158 000	1 533 000
Other Income	1 000	1 000	0
Revenue	40 554 000	29 159 000	1 533 000
Cost of Goods Sold	31 037 000	23 234 000	1 176 000
Salary Costs	4 239 000	2 837 000	209 000
Depreciation	15 000	0	0
Impairment	0	0	0
Expenditure	38 177 000	28 457 000	1 524 000
Operating Profit	2 378 000	702 000	9 000
Financial Income	18 000	21 000	0
Financial Costs	86 000	30 000	3 000
Financial Balance	−68 000	−9 000	−3 000
Dividends	0	0	0
Net Income	1 796 000	541 000	5 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	74 000	0	0
Total Tangible Assets	74 000	0	0
Total Fiancial Fixed Assets	27 000	39 000	0
Total Fixed Assets	101 000	39 000	0
Stock	10 286 000	7 027 000	959 000
Total Investments	0	0	0
Cash, Bank	1 167 000	1 179 000	1 247 000
Total Current Assets	14 859 000	10 320 000	2 771 000
Total Assets	14 960 000	10 359 000	2 771 000
Total Equity	3 331 000	1 535 000	994 000
Short-Term Group Debt	119 000	420 000	0
Total Long-Term Debt	740 000	281 000	0
Creditors	7 584 000	7 100 000	1 382 000
Unpaid Taxes	764 000	341 000	68 000
Dividends	0	0	0
Other Current Debt	1 908 000	530 000	326 000
Total Current Debt	10 889 000	8 542 000	1 776 000
Total Equity and Debt	14 960 000	10 359 000	2 771 000

Financial indicators	2021	2020	2019
Return on Equity	53,92 %	35,24 %	0,5 %
Debt-to-Equity Ratio	0,22	0,18	0
Operating Profit Margin	5,86 %	2,41 %	0,59 %
Current Ratio	1,36	1,21	1,56
Quick Ratio	24,64	6,81	3,39
Equity Ratio	0,22	0,15	0,36
Gross Profit Margin	23,47 %	20,32 %	23,29 %