RACECAR AS

0165 OSLO

Finances

Share Ownership

Return on Equity

−128,24 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 750 000	8 302 000	6 243 000	6 333 000
Net Income	−1 771 000	968 000	−301 000	−374 000
Total Assets	2 670 000	4 838 000	3 435 000	3 572 000
Total Equity	1 381 000	3 152 000	2 184 000	2 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 750 000	8 302 000	6 243 000	6 333 000
Expenditure	7 515 000	7 053 000	6 625 000	6 809 000
Operating Profit	−1 765 000	1 249 000	−382 000	−475 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	7 000	4 000	4 000
Financial Balance	−5 000	−7 000	−3 000	−3 000
Earnings Before Tax	−1 770 000	1 242 000	−385 000	−478 000
Tax	1 000	274 000	−84 000	−104 000
Net Income	−1 771 000	968 000	−301 000	−374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	326 000	622 000	826 000
Total Current Assets	2 461 000	4 511 000	2 812 000	2 745 000
Total Assets	2 670 000	4 838 000	3 435 000	3 572 000
Total Retained Equity	1 003 000	2 774 000	1 806 000	2 108 000
Total Equity	1 381 000	3 152 000	2 184 000	2 486 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 289 000	1 685 000	1 250 000	1 086 000
Total Equity and Debt	2 670 000	4 838 000	3 435 000	3 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 750 000	8 302 000	6 243 000	6 333 000
Other Income	0	0	0	0
Revenue	5 750 000	8 302 000	6 243 000	6 333 000
Cost of Goods Sold	276 000	612 000	528 000	550 000
Salary Costs	5 903 000	5 210 000	4 805 000	4 602 000
Depreciation	179 000	136 000	208 000	274 000
Impairment	0	0	80 000	0
Expenditure	7 515 000	7 053 000	6 625 000	6 809 000
Operating Profit	−1 765 000	1 249 000	−382 000	−475 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	7 000	4 000	4 000
Financial Balance	−5 000	−7 000	−3 000	−3 000
Dividends	0	0	0	0
Net Income	−1 771 000	968 000	−301 000	−374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	161 000	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	209 000	325 000	461 000	749 000
Total Tangible Assets	209 000	325 000	461 000	749 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	326 000	622 000	826 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 753 000	3 787 000	1 106 000	1 075 000
Total Current Assets	2 461 000	4 511 000	2 812 000	2 745 000
Total Assets	2 670 000	4 838 000	3 435 000	3 572 000
Total Equity	1 381 000	3 152 000	2 184 000	2 486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	25 000	64 000	90 000
Unpaid Taxes	637 000	703 000	744 000	651 000
Dividends	0	0	0	0
Other Current Debt	593 000	843 000	443 000	345 000
Total Current Debt	1 289 000	1 685 000	1 250 000	1 086 000
Total Equity and Debt	2 670 000	4 838 000	3 435 000	3 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,24 %	30,71 %	−13,78 %	−15,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−30,7 %	15,04 %	−6,12 %	−7,5 %
Current Ratio	1,91	2,68	2,25	2,53
Quick Ratio	1,91	2,68	2,25	2,53
Equity Ratio	0,52	0,65	0,64	0,7
Gross Profit Margin	95,2 %	92,63 %	91,54 %	91,32 %