KENNETH MOTOCROSS AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−21,77 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 250 000	1 195 000	1 657 000	1 478 000
Net Income	−108 000	222 000	140 000	−62 000
Total Assets	1 306 000	1 380 000	1 089 000	1 175 000
Total Equity	496 000	603 000	381 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 250 000	1 195 000	1 657 000	1 478 000
Expenditure	2 384 000	910 000	1 481 000	1 555 000
Operating Profit	−134 000	285 000	176 000	−76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−134 000	285 000	176 000	−76 000
Tax	−26 000	63 000	36 000	−14 000
Net Income	−108 000	222 000	140 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	511 000	585 000	659 000
Total Current Assets	869 000	869 000	504 000	516 000
Total Assets	1 306 000	1 380 000	1 089 000	1 175 000
Total Retained Equity	396 000	503 000	281 000	141 000
Total Equity	496 000	603 000	381 000	241 000
Total Long-Term Debt	36 000	63 000	36 000	0
Total Current Debt	774 000	714 000	672 000	934 000
Total Equity and Debt	1 306 000	1 380 000	1 089 000	1 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 556 000	819 000	1 054 000	948 000
Other Income	694 000	376 000	603 000	530 000
Revenue	2 250 000	1 195 000	1 657 000	1 478 000
Cost of Goods Sold	1 427 000	479 000	777 000	759 000
Salary Costs	414 000	45 000	248 000	282 000
Depreciation	74 000	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	2 384 000	910 000	1 481 000	1 555 000
Operating Profit	−134 000	285 000	176 000	−76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−108 000	222 000	140 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	437 000	511 000	585 000	659 000
Fixtures	0	0	0	0
Total Tangible Assets	437 000	511 000	585 000	659 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	437 000	511 000	585 000	659 000
Stock	419 000	638 000	437 000	338 000
Total Investments	0	0	0	0
Cash, Bank	106 000	134 000	37 000	109 000
Total Current Assets	869 000	869 000	504 000	516 000
Total Assets	1 306 000	1 380 000	1 089 000	1 175 000
Total Equity	496 000	603 000	381 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 000	63 000	36 000	0
Creditors	475 000	215 000	57 000	162 000
Unpaid Taxes	67 000	15 000	20 000	24 000
Dividends	0	0	0	0
Other Current Debt	233 000	448 000	596 000	748 000
Total Current Debt	774 000	714 000	672 000	934 000
Total Equity and Debt	1 306 000	1 380 000	1 089 000	1 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,77 %	36,82 %	36,75 %	−25,73 %
Debt-to-Equity Ratio	0,07	0,1	0,09	0
Operating Profit Margin	−5,96 %	23,85 %	10,62 %	−5,14 %
Current Ratio	1,12	1,22	0,75	0,55
Quick Ratio	2,45	11,43	2,14	0,87
Equity Ratio	0,38	0,44	0,35	0,21
Gross Profit Margin	36,58 %	59,92 %	53,11 %	48,65 %