MOTORSPEED AS

2624 LILLEHAMMER

Finances

Return on Equity

17,98 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 818 000	147 296 000	137 673 000	121 664 000
Net Income	9 849 000	10 885 000	7 909 000	4 602 000
Total Assets	92 422 000	76 734 000	67 270 000	70 950 000
Total Equity	54 764 000	44 915 000	38 030 000	34 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 818 000	147 296 000	137 673 000	121 664 000
Expenditure	151 830 000	132 920 000	126 693 000	114 401 000
Operating Profit	14 989 000	14 376 000	10 979 000	7 263 000
Financial Income	782 000	307 000	470 000	86 000
Financial Costs	3 144 000	723 000	1 310 000	1 446 000
Financial Balance	−2 362 000	−416 000	−840 000	−1 360 000
Earnings Before Tax	12 627 000	13 960 000	10 140 000	5 903 000
Tax	2 779 000	3 075 000	2 231 000	1 301 000
Net Income	9 849 000	10 885 000	7 909 000	4 602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 824 000	4 232 000	4 636 000	5 551 000
Total Current Assets	87 598 000	72 501 000	62 633 000	65 399 000
Total Assets	92 422 000	76 734 000	67 270 000	70 950 000
Total Retained Equity	52 764 000	42 915 000	36 030 000	32 122 000
Total Equity	54 764 000	44 915 000	38 030 000	34 122 000
Total Long-Term Debt	0	535 000	3 022 000	4 404 000
Total Current Debt	37 658 000	31 283 000	26 218 000	32 425 000
Total Equity and Debt	92 422 000	76 734 000	67 270 000	70 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 130 000	145 239 000	135 766 000	120 018 000
Other Income	3 688 000	2 057 000	1 907 000	1 646 000
Revenue	166 818 000	147 296 000	137 673 000	121 664 000
Cost of Goods Sold	113 466 000	99 491 000	96 445 000	85 993 000
Salary Costs	21 647 000	19 976 000	16 934 000	16 619 000
Depreciation	971 000	819 000	901 000	792 000
Impairment	0	0	0	0
Expenditure	151 830 000	132 920 000	126 693 000	114 401 000
Operating Profit	14 989 000	14 376 000	10 979 000	7 263 000
Financial Income	782 000	307 000	470 000	86 000
Financial Costs	3 144 000	723 000	1 310 000	1 446 000
Financial Balance	−2 362 000	−416 000	−840 000	−1 360 000
Dividends	0	4 000 000	4 000 000	0
Net Income	9 849 000	10 885 000	7 909 000	4 602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	427 000	598 000	736 000	799 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 095 000	2 736 000	2 966 000	3 676 000
Fixtures	1 249 000	846 000	882 000	1 021 000
Total Tangible Assets	4 345 000	3 582 000	3 849 000	4 697 000
Total Fiancial Fixed Assets	52 000	52 000	52 000	56 000
Total Fixed Assets	4 824 000	4 232 000	4 636 000	5 551 000
Stock	56 087 000	35 808 000	33 327 000	44 006 000
Total Investments	0	0	0	0
Cash, Bank	2 116 000	14 992 000	8 577 000	660 000
Total Current Assets	87 598 000	72 501 000	62 633 000	65 399 000
Total Assets	92 422 000	76 734 000	67 270 000	70 950 000
Total Equity	54 764 000	44 915 000	38 030 000	34 122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	535 000	3 022 000	4 404 000
Creditors	25 866 000	16 110 000	13 255 000	15 980 000
Unpaid Taxes	7 143 000	6 363 000	5 149 000	4 412 000
Dividends	0	4 000 000	4 000 000	0
Other Current Debt	2 041 000	5 872 000	5 646 000	6 642 000
Total Current Debt	37 658 000	31 283 000	26 218 000	32 425 000
Total Equity and Debt	92 422 000	76 734 000	67 270 000	70 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,98 %	24,23 %	20,8 %	13,49 %
Debt-to-Equity Ratio	0	0,01	0,08	0,13
Operating Profit Margin	8,99 %	9,76 %	7,97 %	5,97 %
Current Ratio	2,33	2,32	2,39	2,02
Quick Ratio	−4,75	−16,02	−8,81	−5,65
Equity Ratio	0,59	0,59	0,57	0,48
Gross Profit Margin	31,98 %	32,46 %	29,95 %	29,32 %