SØRLANDET MC SENTER AS

4838 ARENDAL

Finances

Share Ownership

Return on Equity

59,07 %

Current Ratio

1,08

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2022	2021	2020
Revenue	8 676 000	10 287 000	4 633 000
Net Income	−775 000	−611 000	43 000
Total Assets	1 806 000	1 966 000	2 059 000
Total Equity	−1 312 000	−538 000	73 000

Income (NOK)	2022	2021	2020
Revenue	8 676 000	10 287 000	4 633 000
Expenditure	9 408 000	10 826 000	4 507 000
Operating Profit	−732 000	−540 000	126 000
Financial Income	1 000	0	0
Financial Costs	44 000	71 000	71 000
Financial Balance	−43 000	−71 000	−71 000
Earnings Before Tax	−775 000	−611 000	55 000
Tax	0	0	12 000
Net Income	−775 000	−611 000	43 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 806 000	1 966 000	2 059 000
Total Assets	1 806 000	1 966 000	2 059 000
Total Retained Equity	−1 342 000	−568 000	43 000
Total Equity	−1 312 000	−538 000	73 000
Total Long-Term Debt	1 445 000	1 445 000	1 388 000
Total Current Debt	1 673 000	1 058 000	598 000
Total Equity and Debt	1 806 000	1 966 000	2 059 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 692 000	10 274 000	4 633 000
Other Income	−16 000	12 000	0
Revenue	8 676 000	10 287 000	4 633 000
Cost of Goods Sold	6 454 000	8 084 000	2 903 000
Salary Costs	1 489 000	1 635 000	1 148 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	9 408 000	10 826 000	4 507 000
Operating Profit	−732 000	−540 000	126 000
Financial Income	1 000	0	0
Financial Costs	44 000	71 000	71 000
Financial Balance	−43 000	−71 000	−71 000
Dividends	0	0	0
Net Income	−775 000	−611 000	43 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	1 572 000	1 520 000	1 792 000
Total Investments	0	0	0
Cash, Bank	16 000	123 000	57 000
Total Current Assets	1 806 000	1 966 000	2 059 000
Total Assets	1 806 000	1 966 000	2 059 000
Total Equity	−1 312 000	−538 000	73 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 445 000	1 445 000	1 388 000
Creditors	771 000	754 000	331 000
Unpaid Taxes	516 000	84 000	83 000
Dividends	0	0	0
Other Current Debt	386 000	220 000	172 000
Total Current Debt	1 673 000	1 058 000	598 000
Total Equity and Debt	1 806 000	1 966 000	2 059 000

Financial indicators	2022	2021	2020
Return on Equity	59,07 %	113,57 %	58,9 %
Debt-to-Equity Ratio	−1,1	−2,69	19,01
Operating Profit Margin	−8,44 %	−5,25 %	2,72 %
Current Ratio	1,08	1,86	3,44
Quick Ratio	17,88	−4,26	−1,72
Equity Ratio	−0,73	−0,27	0,04
Gross Profit Margin	25,61 %	21,42 %	37,34 %