TRYSIL RACE ACADEMY AS

2420 TRYSIL

Finances

Return on Equity

−76,35 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020
Revenue	1 709 000	2 674 000	2 328 000
Net Income	−226 000	−370 000	38 000
Total Assets	865 000	1 377 000	1 309 000
Total Equity	296 000	522 000	893 000

Income (NOK)	2022	2021	2020
Revenue	1 709 000	2 674 000	2 328 000
Expenditure	1 930 000	3 032 000	2 274 000
Operating Profit	−221 000	−358 000	53 000
Financial Income	4 000	3 000	5 000
Financial Costs	9 000	18 000	17 000
Financial Balance	−5 000	−15 000	−12 000
Earnings Before Tax	−226 000	−372 000	40 000
Tax	0	−2 000	2 000
Net Income	−226 000	−370 000	38 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	258 000	342 000	426 000
Total Current Assets	607 000	1 035 000	884 000
Total Assets	865 000	1 377 000	1 309 000
Total Retained Equity	−558 000	−332 000	38 000
Total Equity	296 000	522 000	893 000
Total Long-Term Debt	128 000	166 000	2 000
Total Current Debt	440 000	689 000	415 000
Total Equity and Debt	865 000	1 377 000	1 309 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 324 000	2 637 000	2 246 000
Other Income	385 000	38 000	82 000
Revenue	1 709 000	2 674 000	2 328 000
Cost of Goods Sold	166 000	268 000	371 000
Salary Costs	927 000	1 478 000	1 011 000
Depreciation	84 000	84 000	32 000
Impairment	0	0	0
Expenditure	1 930 000	3 032 000	2 274 000
Operating Profit	−221 000	−358 000	53 000
Financial Income	4 000	3 000	5 000
Financial Costs	9 000	18 000	17 000
Financial Balance	−5 000	−15 000	−12 000
Dividends	0	0	0
Net Income	−226 000	−370 000	38 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	32 000	36 000	41 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	185 000	264 000	343 000
Total Tangible Assets	185 000	264 000	343 000
Total Fiancial Fixed Assets	42 000	42 000	42 000
Total Fixed Assets	258 000	342 000	426 000
Stock	4 000	6 000	32 000
Total Investments	0	0	0
Cash, Bank	535 000	566 000	585 000
Total Current Assets	607 000	1 035 000	884 000
Total Assets	865 000	1 377 000	1 309 000
Total Equity	296 000	522 000	893 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	128 000	166 000	2 000
Creditors	171 000	252 000	84 000
Unpaid Taxes	95 000	170 000	113 000
Dividends	0	0	0
Other Current Debt	174 000	266 000	218 000
Total Current Debt	440 000	689 000	415 000
Total Equity and Debt	865 000	1 377 000	1 309 000

Financial indicators	2022	2021	2020
Return on Equity	−76,35 %	−70,88 %	4,26 %
Debt-to-Equity Ratio	0,43	0,32	0
Operating Profit Margin	−12,93 %	−13,39 %	2,28 %
Current Ratio	1,38	1,5	2,13
Quick Ratio	1,39	1,52	2,31
Equity Ratio	0,34	0,38	0,68
Gross Profit Margin	90,29 %	89,98 %	84,06 %