ENGS MOTORSPORTPRODUKTER AS

2390 MOELV

Finances

Share Ownership

Return on Equity

68,93 %

Current Ratio

2,89

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020
Revenue	1 933 000	712 000	50 000
Net Income	233 000	57 000	24 000
Total Assets	1 604 000	829 000	11 000
Total Equity	338 000	105 000	48 000

Income (NOK)	2022	2021	2020
Revenue	1 933 000	712 000	50 000
Expenditure	1 376 000	593 000	20 000
Operating Profit	480 000	84 000	30 000
Financial Income	0	0	0
Financial Costs	152 000	10 000	0
Financial Balance	−152 000	−10 000	0
Earnings Before Tax	328 000	74 000	30 000
Tax	95 000	17 000	7 000
Net Income	233 000	57 000	24 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 604 000	829 000	11 000
Total Assets	1 604 000	829 000	11 000
Total Retained Equity	308 000	81 000	24 000
Total Equity	338 000	105 000	48 000
Total Long-Term Debt	711 000	316 000	0
Total Current Debt	555 000	407 000	−37 000
Total Equity and Debt	1 604 000	829 000	11 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 933 000	702 000	50 000
Other Income	0	10 000	0
Revenue	1 933 000	712 000	50 000
Cost of Goods Sold	987 000	446 000	4 000
Salary Costs	96 000	1 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 376 000	593 000	20 000
Operating Profit	480 000	84 000	30 000
Financial Income	0	0	0
Financial Costs	152 000	10 000	0
Financial Balance	−152 000	−10 000	0
Dividends	0	0	0
Net Income	233 000	57 000	24 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	1 011 000	310 000	0
Total Investments	0	0	0
Cash, Bank	417 000	9 000	12 000
Total Current Assets	1 604 000	829 000	11 000
Total Assets	1 604 000	829 000	11 000
Total Equity	338 000	105 000	48 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	711 000	316 000	0
Creditors	160 000	95 000	−243 000
Unpaid Taxes	33 000	29 000	0
Dividends	0	0	0
Other Current Debt	274 000	266 000	199 000
Total Current Debt	555 000	407 000	−37 000
Total Equity and Debt	1 604 000	829 000	11 000

Financial indicators	2022	2021	2020
Return on Equity	68,93 %	54,29 %	50 %
Debt-to-Equity Ratio	2,1	3,01	0
Operating Profit Margin	24,83 %	11,8 %	60 %
Current Ratio	2,89	2,04	−0,3
Quick Ratio	−3,52	8,55	−0,3
Equity Ratio	0,21	0,13	4,36
Gross Profit Margin	48,94 %	37,36 %	92 %