MOMENTUM TRAFIKKSKOLE AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

100,74 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020
Revenue	6 319 000	5 245 000	3 062 000
Net Income	1 096 000	557 000	−30 000
Total Assets	5 143 000	3 631 000	679 000
Total Equity	1 088 000	581 000	24 000

Income (NOK)	2022	2021	2020
Revenue	6 319 000	5 245 000	3 062 000
Expenditure	4 896 000	4 527 000	3 089 000
Operating Profit	1 424 000	718 000	−27 000
Financial Income	5 000	1 000	0
Financial Costs	23 000	14 000	3 000
Financial Balance	−18 000	−13 000	−3 000
Earnings Before Tax	1 405 000	705 000	−30 000
Tax	309 000	149 000	0
Net Income	1 096 000	557 000	−30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	989 000	710 000	237 000
Total Current Assets	4 153 000	2 921 000	442 000
Total Assets	5 143 000	3 631 000	679 000
Total Retained Equity	1 028 000	527 000	−30 000
Total Equity	1 088 000	581 000	24 000
Total Long-Term Debt	788 000	620 000	222 000
Total Current Debt	3 267 000	2 429 000	433 000
Total Equity and Debt	5 143 000	3 631 000	679 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 319 000	5 245 000	3 062 000
Other Income	0	0	0
Revenue	6 319 000	5 245 000	3 062 000
Cost of Goods Sold	−266 000	474 000	0
Salary Costs	3 489 000	2 814 000	1 000
Depreciation	207 000	162 000	39 000
Impairment	0	0	0
Expenditure	4 896 000	4 527 000	3 089 000
Operating Profit	1 424 000	718 000	−27 000
Financial Income	5 000	1 000	0
Financial Costs	23 000	14 000	3 000
Financial Balance	−18 000	−13 000	−3 000
Dividends	589 000	0	0
Net Income	1 096 000	557 000	−30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	974 000	695 000	237 000
Total Tangible Assets	974 000	695 000	237 000
Total Fiancial Fixed Assets	15 000	15 000	0
Total Fixed Assets	989 000	710 000	237 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 577 000	1 599 000	260 000
Total Current Assets	4 153 000	2 921 000	442 000
Total Assets	5 143 000	3 631 000	679 000
Total Equity	1 088 000	581 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	788 000	620 000	222 000
Creditors	137 000	225 000	431 000
Unpaid Taxes	358 000	251 000	0
Dividends	589 000	0	0
Other Current Debt	2 470 000	1 805 000	2 000
Total Current Debt	3 267 000	2 429 000	433 000
Total Equity and Debt	5 143 000	3 631 000	679 000

Financial indicators	2022	2021	2020
Return on Equity	100,74 %	95,87 %	−125 %
Debt-to-Equity Ratio	0,72	1,07	9,25
Operating Profit Margin	22,54 %	13,69 %	−0,88 %
Current Ratio	1,27	1,2	1,02
Quick Ratio	1,27	1,2	1,02
Equity Ratio	0,21	0,16	0,04
Gross Profit Margin	104,21 %	90,96 %	100 %