TRYSIL RACE ELITE AS

2420 TRYSIL

Finances

Share Ownership

Return on Equity

−65,88 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 149 000	2 712 000	1 391 000
Net Income	−222 000	179 000	350 000
Total Assets	962 000	1 105 000	818 000
Total Equity	337 000	559 000	380 000

Income (NOK)	2022	2021	2020
Revenue	3 149 000	2 712 000	1 391 000
Expenditure	3 374 000	2 477 000	942 000
Operating Profit	−225 000	235 000	448 000
Financial Income	2 000	2 000	0
Financial Costs	2 000	5 000	0
Financial Balance	0	−3 000	0
Earnings Before Tax	−225 000	231 000	448 000
Tax	−3 000	52 000	99 000
Net Income	−222 000	179 000	350 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 000	28 000	44 000
Total Current Assets	950 000	1 077 000	775 000
Total Assets	962 000	1 105 000	818 000
Total Retained Equity	307 000	529 000	350 000
Total Equity	337 000	559 000	380 000
Total Long-Term Debt	0	3 000	3 000
Total Current Debt	625 000	543 000	436 000
Total Equity and Debt	962 000	1 105 000	818 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 038 000	2 533 000	1 239 000
Other Income	111 000	180 000	152 000
Revenue	3 149 000	2 712 000	1 391 000
Cost of Goods Sold	379 000	128 000	148 000
Salary Costs	1 159 000	795 000	205 000
Depreciation	16 000	16 000	4 000
Impairment	0	0	0
Expenditure	3 374 000	2 477 000	942 000
Operating Profit	−225 000	235 000	448 000
Financial Income	2 000	2 000	0
Financial Costs	2 000	5 000	0
Financial Balance	0	−3 000	0
Dividends	0	0	0
Net Income	−222 000	179 000	350 000

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	12 000	28 000	44 000
Total Tangible Assets	12 000	28 000	44 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 000	28 000	44 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	398 000	686 000	516 000
Total Current Assets	950 000	1 077 000	775 000
Total Assets	962 000	1 105 000	818 000
Total Equity	337 000	559 000	380 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	3 000
Creditors	306 000	233 000	162 000
Unpaid Taxes	66 000	70 000	25 000
Dividends	0	0	0
Other Current Debt	253 000	188 000	153 000
Total Current Debt	625 000	543 000	436 000
Total Equity and Debt	962 000	1 105 000	818 000

Financial indicators	2022	2021	2020
Return on Equity	−65,88 %	32,02 %	92,11 %
Debt-to-Equity Ratio	0	0,01	0,01
Operating Profit Margin	−7,15 %	8,67 %	32,21 %
Current Ratio	1,52	1,98	1,78
Quick Ratio	1,52	1,98	1,78
Equity Ratio	0,35	0,51	0,46
Gross Profit Margin	87,96 %	95,28 %	89,36 %