MOTORTRIM AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

22,34 %

Current Ratio

6,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	655 000	562 000	638 000	579 000
Net Income	105 000	75 000	79 000	26 000
Total Assets	551 000	493 000	412 000	312 000
Total Equity	470 000	365 000	290 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	655 000	562 000	638 000	579 000
Expenditure	529 000	468 000	542 000	546 000
Operating Profit	127 000	94 000	96 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	127 000	93 000	95 000	32 000
Tax	22 000	18 000	17 000	6 000
Net Income	105 000	75 000	79 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	69 000	82 000	99 000
Total Current Assets	505 000	424 000	330 000	214 000
Total Assets	551 000	493 000	412 000	312 000
Total Retained Equity	370 000	265 000	190 000	187 000
Total Equity	470 000	365 000	290 000	287 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	128 000	122 000	25 000
Total Equity and Debt	551 000	493 000	412 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	655 000	562 000	638 000	579 000
Other Income	0	0	0	0
Revenue	655 000	562 000	638 000	579 000
Cost of Goods Sold	312 000	333 000	317 000	390 000
Salary Costs	7 000	7 000	7 000	6 000
Depreciation	23 000	12 000	17 000	21 000
Impairment	0	0	0	0
Expenditure	529 000	468 000	542 000	546 000
Operating Profit	127 000	94 000	96 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	0	0	76 000	0
Net Income	105 000	75 000	79 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	11 000	13 000	19 000
Machinery and Plant Facilities	47 000	0	0	0
Fixtures	0	58 000	69 000	79 000
Total Tangible Assets	47 000	69 000	82 000	99 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	69 000	82 000	99 000
Stock	0	0	0	10 000
Total Investments	0	0	0	0
Cash, Bank	449 000	307 000	267 000	131 000
Total Current Assets	505 000	424 000	330 000	214 000
Total Assets	551 000	493 000	412 000	312 000
Total Equity	470 000	365 000	290 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	58 000	12 000	10 000	0
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	76 000	0
Other Current Debt	0	98 000	20 000	20 000
Total Current Debt	81 000	128 000	122 000	25 000
Total Equity and Debt	551 000	493 000	412 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,34 %	20,55 %	27,24 %	9,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,39 %	16,73 %	15,05 %	5,7 %
Current Ratio	6,23	3,31	2,7	8,56
Quick Ratio	6,23	3,31	2,7	14,27
Equity Ratio	0,85	0,74	0,7	0,92
Gross Profit Margin	52,37 %	40,75 %	50,31 %	32,64 %