MOTOR FORUM AS

3274 LARVIK

Finances

Return on Equity

10,29 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 845 000	93 783 000	98 427 000	108 296 000
Net Income	806 000	2 123 000	2 765 000	2 617 000
Total Assets	38 855 000	25 540 000	15 527 000	17 887 000
Total Equity	7 830 000	7 665 000	7 152 000	7 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 845 000	93 783 000	98 427 000	108 296 000
Expenditure	96 114 000	91 372 000	94 833 000	104 757 000
Operating Profit	731 000	2 411 000	3 594 000	3 539 000
Financial Income	568 000	361 000	13 000	12 000
Financial Costs	421 000	148 000	60 000	193 000
Financial Balance	147 000	213 000	−47 000	−181 000
Earnings Before Tax	878 000	2 625 000	3 547 000	3 358 000
Tax	73 000	502 000	782 000	740 000
Net Income	806 000	2 123 000	2 765 000	2 617 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 035 000	7 772 000	3 849 000	3 442 000
Total Current Assets	30 820 000	17 768 000	11 678 000	14 445 000
Total Assets	38 855 000	25 540 000	15 527 000	17 887 000
Total Retained Equity	2 889 000	2 723 000	2 210 000	2 210 000
Total Equity	7 830 000	7 665 000	7 152 000	7 152 000
Total Long-Term Debt	877 000	835 000	1 199 000	1 038 000
Total Current Debt	30 147 000	17 040 000	7 177 000	9 697 000
Total Equity and Debt	38 855 000	25 540 000	15 527 000	17 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 322 000	92 979 000	97 389 000	107 755 000
Other Income	524 000	804 000	1 038 000	541 000
Revenue	96 845 000	93 783 000	98 427 000	108 296 000
Cost of Goods Sold	79 322 000	76 355 000	79 693 000	88 361 000
Salary Costs	10 523 000	9 825 000	10 354 000	10 891 000
Depreciation	909 000	657 000	570 000	491 000
Impairment	0	0	0	0
Expenditure	96 114 000	91 372 000	94 833 000	104 757 000
Operating Profit	731 000	2 411 000	3 594 000	3 539 000
Financial Income	568 000	361 000	13 000	12 000
Financial Costs	421 000	148 000	60 000	193 000
Financial Balance	147 000	213 000	−47 000	−181 000
Dividends	58 000	145 000	249 000	102 000
Net Income	806 000	2 123 000	2 765 000	2 617 000

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	6 188 000	5 925 000	3 849 000	3 442 000
Total Tangible Assets	6 188 000	5 925 000	3 849 000	3 442 000
Total Fiancial Fixed Assets	1 847 000	1 847 000	0	0
Total Fixed Assets	8 035 000	7 772 000	3 849 000	3 442 000
Stock	23 175 000	12 982 000	6 815 000	9 932 000
Total Investments	0	0	0	0
Cash, Bank	96 000	92 000	89 000	72 000
Total Current Assets	30 820 000	17 768 000	11 678 000	14 445 000
Total Assets	38 855 000	25 540 000	15 527 000	17 887 000
Total Equity	7 830 000	7 665 000	7 152 000	7 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	877 000	835 000	1 199 000	1 038 000
Creditors	1 330 000	1 126 000	411 000	583 000
Unpaid Taxes	878 000	758 000	984 000	1 472 000
Dividends	58 000	145 000	249 000	102 000
Other Current Debt	27 939 000	15 156 000	5 781 000	6 509 000
Total Current Debt	30 147 000	17 040 000	7 177 000	9 697 000
Total Equity and Debt	38 855 000	25 540 000	15 527 000	17 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,29 %	27,7 %	38,66 %	36,59 %
Debt-to-Equity Ratio	0,11	0,11	0,17	0,15
Operating Profit Margin	0,75 %	2,57 %	3,65 %	3,27 %
Current Ratio	1,02	1,04	1,63	1,49
Quick Ratio	4,42	4,38	32,26	−61,47
Equity Ratio	0,2	0,3	0,46	0,4
Gross Profit Margin	18,09 %	18,58 %	19,03 %	18,41 %