AUTOMOTIVE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

11,77 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	62 780 000	52 251 000	38 944 000
Net Income	215 000	928 000	199 000
Total Assets	4 746 000	2 702 000	1 554 000
Total Equity	1 827 000	1 612 000	684 000

Income (NOK)	2022	2021	2020
Revenue	62 780 000	52 251 000	38 944 000
Expenditure	62 443 000	51 060 000	38 693 000
Operating Profit	337 000	1 191 000	251 000
Financial Income	0	1 000	1 000
Financial Costs	63 000	3 000	1 000
Financial Balance	−63 000	−2 000	0
Earnings Before Tax	275 000	1 189 000	251 000
Tax	61 000	262 000	52 000
Net Income	215 000	928 000	199 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 000	0	0
Total Current Assets	4 696 000	2 702 000	1 554 000
Total Assets	4 746 000	2 702 000	1 554 000
Total Retained Equity	1 336 000	1 121 000	194 000
Total Equity	1 827 000	1 612 000	684 000
Total Long-Term Debt	6 000	5 000	1 000
Total Current Debt	2 913 000	1 086 000	869 000
Total Equity and Debt	4 746 000	2 702 000	1 554 000

Cash flow (NOK)	2022	2021	2020
Sales Income	61 822 000	51 294 000	38 124 000
Other Income	957 000	957 000	820 000
Revenue	62 780 000	52 251 000	38 944 000
Cost of Goods Sold	59 067 000	49 238 000	36 815 000
Salary Costs	2 000 000	649 000	915 000
Depreciation	16 000	0	0
Impairment	0	0	0
Expenditure	62 443 000	51 060 000	38 693 000
Operating Profit	337 000	1 191 000	251 000
Financial Income	0	1 000	1 000
Financial Costs	63 000	3 000	1 000
Financial Balance	−63 000	−2 000	0
Dividends	0	0	0
Net Income	215 000	928 000	199 000

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	49 000	0	0
Total Tangible Assets	49 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	49 000	0	0
Stock	2 869 000	908 000	874 000
Total Investments	0	0	0
Cash, Bank	418 000	717 000	468 000
Total Current Assets	4 696 000	2 702 000	1 554 000
Total Assets	4 746 000	2 702 000	1 554 000
Total Equity	1 827 000	1 612 000	684 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000	5 000	1 000
Creditors	905 000	653 000	609 000
Unpaid Taxes	35 000	27 000	132 000
Dividends	0	0	0
Other Current Debt	284 000	147 000	77 000
Total Current Debt	2 913 000	1 086 000	869 000
Total Equity and Debt	4 746 000	2 702 000	1 554 000

Financial indicators	2022	2021	2020
Return on Equity	11,77 %	57,57 %	29,09 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0,54 %	2,28 %	0,64 %
Current Ratio	1,61	2,49	1,79
Quick Ratio	106,73	15,18	−310,8
Equity Ratio	0,38	0,6	0,44
Gross Profit Margin	5,91 %	5,77 %	5,47 %