MEM RACING AS

4120 TAU

Finances

Share Ownership

Return on Equity

74,79 %

Current Ratio

11,12

Debt-to-Equity Ratio

−24,18

Key figures (NOK)	2022	2021	2020
Revenue	72 000	840 000	0
Net Income	−181 000	−149 000	2 000
Total Assets	5 675 000	5 635 000	5 205 000
Total Equity	−242 000	−60 000	89 000

Income (NOK)	2022	2021	2020
Revenue	72 000	840 000	0
Expenditure	133 000	861 000	1 000
Operating Profit	−61 000	−21 000	−1 000
Financial Income	0	0	0
Financial Costs	171 000	171 000	0
Financial Balance	−171 000	−171 000	0
Earnings Before Tax	−232 000	−192 000	−1 000
Tax	−51 000	−42 000	−3 000
Net Income	−181 000	−149 000	2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 952 000	4 555 000	4 513 000
Total Current Assets	723 000	1 080 000	692 000
Total Assets	5 675 000	5 635 000	5 205 000
Total Retained Equity	−328 000	−147 000	2 000
Total Equity	−242 000	−60 000	89 000
Total Long-Term Debt	5 852 000	5 682 000	4 516 000
Total Current Debt	65 000	14 000	600 000
Total Equity and Debt	5 675 000	5 635 000	5 205 000

Cash flow (NOK)	2022	2021	2020
Sales Income	72 000	840 000	0
Other Income	0	0	0
Revenue	72 000	840 000	0
Cost of Goods Sold	−1 000	840 000	0
Salary Costs	0	0	0
Depreciation	54 000	0	0
Impairment	0	0	0
Expenditure	133 000	861 000	1 000
Operating Profit	−61 000	−21 000	−1 000
Financial Income	0	0	0
Financial Costs	171 000	171 000	0
Financial Balance	−171 000	−171 000	0
Dividends	0	0	0
Net Income	−181 000	−149 000	2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	96 000	45 000	3 000
Real Eastate	4 510 000	4 510 000	4 510 000
Machinery and Plant Facilities	0	0	0
Fixtures	346 000	0	0
Total Tangible Assets	4 856 000	4 510 000	4 510 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 952 000	4 555 000	4 513 000
Stock	0	0	500 000
Total Investments	0	0	0
Cash, Bank	621 000	28 000	67 000
Total Current Assets	723 000	1 080 000	692 000
Total Assets	5 675 000	5 635 000	5 205 000
Total Equity	−242 000	−60 000	89 000
Short-Term Group Debt	40 000	0	0
Total Long-Term Debt	5 852 000	5 682 000	4 516 000
Creditors	9 000	0	600 000
Unpaid Taxes	16 000	3 000	0
Dividends	0	0	0
Other Current Debt	0	11 000	0
Total Current Debt	65 000	14 000	600 000
Total Equity and Debt	5 675 000	5 635 000	5 205 000

Financial indicators	2022	2021	2020
Return on Equity	74,79 %	248,33 %	2,25 %
Debt-to-Equity Ratio	−24,18	−94,7	50,74
Operating Profit Margin	−84,72 %	−2,5 %	-
Current Ratio	11,12	77,14	1,15
Quick Ratio	11,12	77,14	6,92
Equity Ratio	−0,04	−0,01	0,02
Gross Profit Margin	101,39 %	0 %	-