ADAPTA MOTORSPORT AS

1523 MOSS

Finances

Share Ownership

Return on Equity

3,81 %

Current Ratio

31,69

Debt-to-Equity Ratio

−2,22

Key figures (NOK)	2020	2019	2018	2017
Revenue	4 248 000	1 289 000	2 540 000	17 961 000
Net Income	−566 000	−21 969 000	−5 395 000	2 726 000
Total Assets	18 594 000	21 075 000	35 888 000	43 783 000
Total Equity	−14 875 000	−14 309 000	7 660 000	−16 946 000

Income (NOK)	2020	2019	2018	2017
Revenue	4 248 000	1 289 000	2 540 000	17 961 000
Expenditure	4 450 000	12 168 000	8 692 000	27 186 000
Operating Profit	−201 000	−10 879 000	−6 151 000	−9 225 000
Financial Income	49 000	725 000	86 000	10 459 000
Financial Costs	413 000	267 000	259 000	307 000
Financial Balance	−364 000	458 000	−173 000	10 152 000
Earnings Before Tax	−566 000	−10 421 000	−6 323 000	927 000
Tax	0	11 547 000	−929 000	−1 799 000
Net Income	−566 000	−21 969 000	−5 395 000	2 726 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	3 666 000	2 987 000	17 479 000	22 513 000
Total Current Assets	14 928 000	18 087 000	18 409 000	21 270 000
Total Assets	18 594 000	21 075 000	35 888 000	43 783 000
Total Retained Equity	−50 650 000	−50 084 000	−28 115 000	−22 721 000
Total Equity	−14 875 000	−14 309 000	7 660 000	−16 946 000
Total Long-Term Debt	32 998 000	32 584 000	24 390 000	57 329 000
Total Current Debt	471 000	2 799 000	3 838 000	3 401 000
Total Equity and Debt	18 594 000	21 075 000	35 888 000	43 783 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	2 756 000	478 000	559 000	17 267 000
Other Income	1 492 000	811 000	1 981 000	694 000
Revenue	4 248 000	1 289 000	2 540 000	17 961 000
Cost of Goods Sold	2 500 000	2 576 000	1 008 000	628 000
Salary Costs	314 000	940 000	917 000	1 384 000
Depreciation	451 000	907 000	2 324 000	3 902 000
Impairment	0	0	0	0
Expenditure	4 450 000	12 168 000	8 692 000	27 186 000
Operating Profit	−201 000	−10 879 000	−6 151 000	−9 225 000
Financial Income	49 000	725 000	86 000	10 459 000
Financial Costs	413 000	267 000	259 000	307 000
Financial Balance	−364 000	458 000	−173 000	10 152 000
Dividends	0	0	0	0
Net Income	−566 000	−21 969 000	−5 395 000	2 726 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 547 000	11 378 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	6 000	16 000	26 000
Fixtures	3 187 000	2 728 000	5 095 000	10 371 000
Total Tangible Assets	3 187 000	2 734 000	5 111 000	10 397 000
Total Fiancial Fixed Assets	479 000	253 000	820 000	738 000
Total Fixed Assets	3 666 000	2 987 000	17 479 000	22 513 000
Stock	931 000	931 000	3 446 000	4 381 000
Total Investments	13 726 000	13 729 000	14 013 000	14 013 000
Cash, Bank	18 000	2 914 000	57 000	101 000
Total Current Assets	14 928 000	18 087 000	18 409 000	21 270 000
Total Assets	18 594 000	21 075 000	35 888 000	43 783 000
Total Equity	−14 875 000	−14 309 000	7 660 000	−16 946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 998 000	32 584 000	24 390 000	57 329 000
Creditors	263 000	256 000	323 000	1 997 000
Unpaid Taxes	98 000	66 000	45 000	139 000
Dividends	0	0	0	0
Other Current Debt	110 000	2 478 000	3 470 000	1 265 000
Total Current Debt	471 000	2 799 000	3 838 000	3 401 000
Total Equity and Debt	18 594 000	21 075 000	35 888 000	43 783 000

Financial indicators	2020	2019	2018	2017
Return on Equity	3,81 %	153,53 %	−70,43 %	−16,09 %
Debt-to-Equity Ratio	−2,22	−2,28	3,18	−3,38
Operating Profit Margin	−4,73 %	−843,99 %	−242,17 %	−51,36 %
Current Ratio	31,69	6,46	4,8	6,25
Quick Ratio	−32,45	9,68	46,96	−21,7
Equity Ratio	−0,8	−0,68	0,21	−0,39
Gross Profit Margin	41,15 %	−99,84 %	60,31 %	96,5 %