CARFREAKS AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

−3 862,5 %

Current Ratio

1,07

Debt-to-Equity Ratio

−20,38

Key figures (NOK)	2022	2021	2020
Revenue	33 215 000	32 785 000	26 698 000
Net Income	309 000	−377 000	36 000
Total Assets	2 219 000	2 264 000	870 000
Total Equity	−8 000	−316 000	61 000

Income (NOK)	2022	2021	2020
Revenue	33 215 000	32 785 000	26 698 000
Expenditure	32 873 000	33 084 000	26 600 000
Operating Profit	342 000	−299 000	98 000
Financial Income	0	0	0
Financial Costs	32 000	21 000	54 000
Financial Balance	−32 000	−21 000	−54 000
Earnings Before Tax	311 000	−319 000	45 000
Tax	2 000	58 000	9 000
Net Income	309 000	−377 000	36 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 000	27 000	103 000
Total Current Assets	2 210 000	2 236 000	767 000
Total Assets	2 219 000	2 264 000	870 000
Total Retained Equity	−32 000	−341 000	36 000
Total Equity	−8 000	−316 000	61 000
Total Long-Term Debt	163 000	236 000	308 000
Total Current Debt	2 064 000	2 345 000	501 000
Total Equity and Debt	2 219 000	2 264 000	870 000

Cash flow (NOK)	2022	2021	2020
Sales Income	33 200 000	32 568 000	26 698 000
Other Income	15 000	217 000	0
Revenue	33 215 000	32 785 000	26 698 000
Cost of Goods Sold	30 187 000	30 680 000	25 159 000
Salary Costs	1 452 000	1 368 000	547 000
Depreciation	18 000	18 000	8 000
Impairment	0	0	0
Expenditure	32 873 000	33 084 000	26 600 000
Operating Profit	342 000	−299 000	98 000
Financial Income	0	0	0
Financial Costs	32 000	21 000	54 000
Financial Balance	−32 000	−21 000	−54 000
Dividends	0	0	0
Net Income	309 000	−377 000	36 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	58 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	27 000	45 000
Total Tangible Assets	10 000	27 000	45 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	10 000	27 000	103 000
Stock	429 000	331 000	375 000
Total Investments	0	0	0
Cash, Bank	158 000	1 216 000	54 000
Total Current Assets	2 210 000	2 236 000	767 000
Total Assets	2 219 000	2 264 000	870 000
Total Equity	−8 000	−316 000	61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	163 000	236 000	308 000
Creditors	1 272 000	1 910 000	58 000
Unpaid Taxes	80 000	120 000	25 000
Dividends	0	0	0
Other Current Debt	710 000	315 000	351 000
Total Current Debt	2 064 000	2 345 000	501 000
Total Equity and Debt	2 219 000	2 264 000	870 000

Financial indicators	2022	2021	2020
Return on Equity	−3 862,5 %	119,3 %	59,02 %
Debt-to-Equity Ratio	−20,38	−0,75	5,05
Operating Profit Margin	1,03 %	−0,91 %	0,37 %
Current Ratio	1,07	0,95	1,53
Quick Ratio	1,35	1,11	6,09
Equity Ratio	−0	−0,14	0,07
Gross Profit Margin	9,12 %	6,42 %	5,76 %