SKANDINAVISK MOTORSYKKEL CENTER AS

2230 SKOTTERUD

Finances

Share Ownership

Return on Equity

42,6 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020
Revenue	811 000	622 000	0
Net Income	−216 000	−470 000	−422 000
Total Assets	153 000	173 000	328 000
Total Equity	−507 000	−742 000	−322 000

Income (NOK)	2022	2021	2020
Revenue	811 000	622 000	0
Expenditure	1 026 000	1 091 000	422 000
Operating Profit	−214 000	−470 000	−422 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−216 000	−470 000	−422 000
Tax	0	0	0
Net Income	−216 000	−470 000	−422 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	52 000	51 000	25 000
Total Current Assets	101 000	123 000	303 000
Total Assets	153 000	173 000	328 000
Total Retained Equity	−1 107 000	−892 000	−422 000
Total Equity	−507 000	−742 000	−322 000
Total Long-Term Debt	458 000	0	0
Total Current Debt	202 000	915 000	649 000
Total Equity and Debt	153 000	173 000	328 000

Cash flow (NOK)	2022	2021	2020
Sales Income	650 000	622 000	0
Other Income	161 000	0	0
Revenue	811 000	622 000	0
Cost of Goods Sold	64 000	57 000	0
Salary Costs	7 000	0	0
Depreciation	17 000	16 000	0
Impairment	0	0	0
Expenditure	1 026 000	1 091 000	422 000
Operating Profit	−214 000	−470 000	−422 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−216 000	−470 000	−422 000

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	26 000	0	0
Fixtures	26 000	51 000	25 000
Total Tangible Assets	52 000	51 000	25 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	52 000	51 000	25 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	47 000	117 000	303 000
Total Current Assets	101 000	123 000	303 000
Total Assets	153 000	173 000	328 000
Total Equity	−507 000	−742 000	−322 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	458 000	0	0
Creditors	191 000	0	68 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	12 000	915 000	581 000
Total Current Debt	202 000	915 000	649 000
Total Equity and Debt	153 000	173 000	328 000

Financial indicators	2022	2021	2020
Return on Equity	42,6 %	63,34 %	131,06 %
Debt-to-Equity Ratio	−0,9	−0	−0
Operating Profit Margin	−26,39 %	−75,56 %	-
Current Ratio	0,5	0,13	0,47
Quick Ratio	0,5	0,13	0,47
Equity Ratio	−3,31	−4,29	−0,98
Gross Profit Margin	92,11 %	90,84 %	-