MOTOR & GEAR AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

452,34 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 235 000	13 087 000	9 549 000	10 317 000
Net Income	484 000	451 000	−49 000	−252 000
Total Assets	2 844 000	2 311 000	1 261 000	1 658 000
Total Equity	107 000	114 000	105 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 235 000	13 087 000	9 549 000	10 317 000
Expenditure	10 563 000	12 467 000	9 439 000	10 434 000
Operating Profit	672 000	620 000	110 000	−118 000
Financial Income	73 000	75 000	39 000	16 000
Financial Costs	131 000	119 000	132 000	112 000
Financial Balance	−58 000	−44 000	−93 000	−96 000
Earnings Before Tax	614 000	575 000	18 000	−214 000
Tax	130 000	125 000	67 000	38 000
Net Income	484 000	451 000	−49 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	25 000	40 000	55 000
Total Current Assets	2 796 000	2 286 000	1 221 000	1 603 000
Total Assets	2 844 000	2 311 000	1 261 000	1 658 000
Total Retained Equity	7 000	14 000	−127 000	−8 000
Total Equity	107 000	114 000	105 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 737 000	2 198 000	1 155 000	1 564 000
Total Equity and Debt	2 844 000	2 311 000	1 261 000	1 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 214 000	13 028 000	9 510 000	10 317 000
Other Income	21 000	58 000	39 000	0
Revenue	11 235 000	13 087 000	9 549 000	10 317 000
Cost of Goods Sold	7 424 000	9 659 000	6 895 000	7 026 000
Salary Costs	1 282 000	1 323 000	1 114 000	1 250 000
Depreciation	13 000	15 000	15 000	12 000
Impairment	0	0	0	0
Expenditure	10 563 000	12 467 000	9 439 000	10 434 000
Operating Profit	672 000	620 000	110 000	−118 000
Financial Income	73 000	75 000	39 000	16 000
Financial Costs	131 000	119 000	132 000	112 000
Financial Balance	−58 000	−44 000	−93 000	−96 000
Dividends	458 000	0	0	0
Net Income	484 000	451 000	−49 000	−252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	25 000	40 000	55 000
Total Tangible Assets	48 000	25 000	40 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	25 000	40 000	55 000
Stock	1 389 000	353 000	262 000	485 000
Total Investments	0	0	0	0
Cash, Bank	67 000	203 000	141 000	49 000
Total Current Assets	2 796 000	2 286 000	1 221 000	1 603 000
Total Assets	2 844 000	2 311 000	1 261 000	1 658 000
Total Equity	107 000	114 000	105 000	94 000
Short-Term Group Debt	42 000	567 000	89 000	0
Total Long-Term Debt	0	0	0	0
Creditors	776 000	691 000	323 000	642 000
Unpaid Taxes	862 000	514 000	365 000	397 000
Dividends	458 000	0	0	0
Other Current Debt	327 000	426 000	331 000	469 000
Total Current Debt	2 737 000	2 198 000	1 155 000	1 564 000
Total Equity and Debt	2 844 000	2 311 000	1 261 000	1 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	452,34 %	395,61 %	−46,67 %	−268,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,98 %	4,74 %	1,15 %	−1,14 %
Current Ratio	1,02	1,04	1,06	1,02
Quick Ratio	2,07	1,24	1,37	1,49
Equity Ratio	0,04	0,05	0,08	0,06
Gross Profit Margin	33,92 %	26,19 %	27,79 %	31,9 %