SPEED MOTORCENTER AS

3232 SANDEFJORD

Finances

Share Ownership

Return on Equity

5,18 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 719 000	124 769 000	118 180 000	109 631 000
Net Income	707 000	2 035 000	2 088 000	1 948 000
Total Assets	30 262 000	24 715 000	24 570 000	25 550 000
Total Equity	13 638 000	12 931 000	11 897 000	10 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 719 000	124 769 000	118 180 000	109 631 000
Expenditure	112 860 000	122 166 000	115 465 000	107 075 000
Operating Profit	859 000	2 602 000	2 715 000	2 555 000
Financial Income	98 000	29 000	27 000	4 000
Financial Costs	31 000	4 000	46 000	51 000
Financial Balance	67 000	25 000	−19 000	−47 000
Earnings Before Tax	927 000	2 628 000	2 696 000	2 509 000
Tax	220 000	593 000	608 000	561 000
Net Income	707 000	2 035 000	2 088 000	1 948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 850 000	4 465 000	2 643 000	5 139 000
Total Current Assets	26 413 000	20 250 000	21 927 000	20 411 000
Total Assets	30 262 000	24 715 000	24 570 000	25 550 000
Total Retained Equity	12 138 000	11 431 000	10 397 000	9 309 000
Total Equity	13 638 000	12 931 000	11 897 000	10 809 000
Total Long-Term Debt	1 984 000	1 984 000	1 984 000	3 924 000
Total Current Debt	14 640 000	9 799 000	10 689 000	10 817 000
Total Equity and Debt	30 262 000	24 715 000	24 570 000	25 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	113 227 000	123 575 000	116 575 000	108 838 000
Other Income	492 000	1 193 000	1 605 000	793 000
Revenue	113 719 000	124 769 000	118 180 000	109 631 000
Cost of Goods Sold	89 858 000	98 912 000	93 705 000	88 290 000
Salary Costs	15 578 000	15 488 000	14 107 000	12 088 000
Depreciation	686 000	666 000	393 000	536 000
Impairment	0	0	0	0
Expenditure	112 860 000	122 166 000	115 465 000	107 075 000
Operating Profit	859 000	2 602 000	2 715 000	2 555 000
Financial Income	98 000	29 000	27 000	4 000
Financial Costs	31 000	4 000	46 000	51 000
Financial Balance	67 000	25 000	−19 000	−47 000
Dividends	0	1 000 000	1 000 000	1 000 000
Net Income	707 000	2 035 000	2 088 000	1 948 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	59 000	198 000	336 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 715 000	4 401 000	2 440 000	4 799 000
Total Tangible Assets	3 715 000	4 401 000	2 440 000	4 799 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	3 850 000	4 465 000	2 643 000	5 139 000
Stock	21 736 000	13 673 000	13 759 000	14 388 000
Total Investments	0	0	0	0
Cash, Bank	−49 000	2 002 000	3 624 000	374 000
Total Current Assets	26 413 000	20 250 000	21 927 000	20 411 000
Total Assets	30 262 000	24 715 000	24 570 000	25 550 000
Total Equity	13 638 000	12 931 000	11 897 000	10 809 000
Short-Term Group Debt	0	0	0	169 000
Total Long-Term Debt	1 984 000	1 984 000	1 984 000	3 924 000
Creditors	7 189 000	1 586 000	4 188 000	1 348 000
Unpaid Taxes	1 946 000	1 474 000	926 000	1 140 000
Dividends	0	1 000 000	1 000 000	1 000 000
Other Current Debt	5 214 000	5 285 000	4 104 000	5 345 000
Total Current Debt	14 640 000	9 799 000	10 689 000	10 817 000
Total Equity and Debt	30 262 000	24 715 000	24 570 000	25 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,18 %	15,74 %	17,55 %	18,02 %
Debt-to-Equity Ratio	0,15	0,15	0,17	0,36
Operating Profit Margin	0,76 %	2,09 %	2,3 %	2,33 %
Current Ratio	1,8	2,07	2,05	1,89
Quick Ratio	−3,72	−5,23	−7,14	−5,72
Equity Ratio	0,45	0,52	0,48	0,42
Gross Profit Margin	20,98 %	20,72 %	20,71 %	19,47 %