CARS AS

1449 DRØBAK

Finances

Share Ownership

Return on Equity

2,88 %

Current Ratio

3,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 217 000	5 856 000	5 841 000	5 391 000
Net Income	58 000	154 000	−123 000	−185 000
Total Assets	2 645 000	2 791 000	2 473 000	2 755 000
Total Equity	2 017 000	1 959 000	1 805 000	2 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 217 000	5 856 000	5 841 000	5 391 000
Expenditure	5 140 000	5 659 000	5 995 000	5 625 000
Operating Profit	77 000	198 000	−154 000	−234 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	4 000	3 000
Financial Balance	−2 000	−1 000	−4 000	−3 000
Earnings Before Tax	75 000	197 000	−158 000	−237 000
Tax	16 000	43 000	−35 000	−52 000
Net Income	58 000	154 000	−123 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	139 000	203 000	205 000
Total Current Assets	2 508 000	2 652 000	2 270 000	2 550 000
Total Assets	2 645 000	2 791 000	2 473 000	2 755 000
Total Retained Equity	467 000	409 000	255 000	678 000
Total Equity	2 017 000	1 959 000	1 805 000	2 228 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	628 000	832 000	668 000	527 000
Total Equity and Debt	2 645 000	2 791 000	2 473 000	2 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 217 000	5 856 000	5 841 000	5 391 000
Other Income	0	0	0	0
Revenue	5 217 000	5 856 000	5 841 000	5 391 000
Cost of Goods Sold	1 587 000	1 840 000	2 323 000	2 161 000
Salary Costs	2 218 000	2 585 000	2 220 000	1 962 000
Depreciation	11 000	21 000	27 000	22 000
Impairment	0	0	0	0
Expenditure	5 140 000	5 659 000	5 995 000	5 625 000
Operating Profit	77 000	198 000	−154 000	−234 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	4 000	3 000
Financial Balance	−2 000	−1 000	−4 000	−3 000
Dividends	0	0	300 000	0
Net Income	58 000	154 000	−123 000	−185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	128 000	171 000	146 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	9 000	30 000	57 000
Total Tangible Assets	24 000	9 000	30 000	57 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	137 000	139 000	203 000	205 000
Stock	1 432 000	1 461 000	1 661 000	2 172 000
Total Investments	0	0	0	0
Cash, Bank	573 000	651 000	553 000	106 000
Total Current Assets	2 508 000	2 652 000	2 270 000	2 550 000
Total Assets	2 645 000	2 791 000	2 473 000	2 755 000
Total Equity	2 017 000	1 959 000	1 805 000	2 228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	120 000	129 000	124 000	137 000
Unpaid Taxes	306 000	410 000	258 000	149 000
Dividends	0	0	300 000	0
Other Current Debt	202 000	293 000	286 000	241 000
Total Current Debt	628 000	832 000	668 000	527 000
Total Equity and Debt	2 645 000	2 791 000	2 473 000	2 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,88 %	7,86 %	−6,81 %	−8,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,48 %	3,38 %	−2,64 %	−4,34 %
Current Ratio	3,99	3,19	3,4	4,84
Quick Ratio	−3,12	−4,22	−2,29	−1,55
Equity Ratio	0,76	0,7	0,73	0,81
Gross Profit Margin	69,58 %	68,58 %	60,23 %	59,91 %