MS CARS AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

22 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 965 000	5 933 000	1 171 000
Net Income	335 000	1 060 000	100 000
Total Assets	2 216 000	1 532 000	129 000
Total Equity	1 523 000	1 210 000	150 000

Income (NOK)	2022	2021	2020
Revenue	5 965 000	5 933 000	1 171 000
Expenditure	5 513 000	4 574 000	1 071 000
Operating Profit	453 000	1 360 000	100 000
Financial Income	0	0	0
Financial Costs	23 000	0	0
Financial Balance	−23 000	0	0
Earnings Before Tax	430 000	1 360 000	100 000
Tax	95 000	299 000	0
Net Income	335 000	1 060 000	100 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 101 000	0	0
Total Current Assets	1 115 000	1 532 000	129 000
Total Assets	2 216 000	1 532 000	129 000
Total Retained Equity	1 473 000	1 160 000	100 000
Total Equity	1 523 000	1 210 000	150 000
Total Long-Term Debt	0	0	0
Total Current Debt	693 000	322 000	−20 000
Total Equity and Debt	2 216 000	1 532 000	129 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 965 000	5 933 000	3 000
Other Income	0	0	1 168 000
Revenue	5 965 000	5 933 000	1 171 000
Cost of Goods Sold	3 962 000	3 774 000	650 000
Salary Costs	679 000	0	0
Depreciation	175 000	0	0
Impairment	0	0	0
Expenditure	5 513 000	4 574 000	1 071 000
Operating Profit	453 000	1 360 000	100 000
Financial Income	0	0	0
Financial Costs	23 000	0	0
Financial Balance	−23 000	0	0
Dividends	0	0	0
Net Income	335 000	1 060 000	100 000

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	701 000	0	0
Total Tangible Assets	701 000	0	0
Total Fiancial Fixed Assets	400 000	0	0
Total Fixed Assets	1 101 000	0	0
Stock	804 000	1 215 000	0
Total Investments	0	0	0
Cash, Bank	216 000	281 000	109 000
Total Current Assets	1 115 000	1 532 000	129 000
Total Assets	2 216 000	1 532 000	129 000
Total Equity	1 523 000	1 210 000	150 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	6 000	0	0
Unpaid Taxes	39 000	−53 000	−20 000
Dividends	0	0	0
Other Current Debt	553 000	76 000	0
Total Current Debt	693 000	322 000	−20 000
Total Equity and Debt	2 216 000	1 532 000	129 000

Financial indicators	2022	2021	2020
Return on Equity	22 %	87,6 %	66,67 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,59 %	22,92 %	8,54 %
Current Ratio	1,61	4,76	−6,45
Quick Ratio	−10,05	−1,72	−6,45
Equity Ratio	0,69	0,79	1,16
Gross Profit Margin	33,58 %	36,39 %	44,49 %