CLASSIC MOTORS AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−39,12 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	801 000	1 885 000	1 761 000	1 277 000
Net Income	−647 000	266 000	229 000	−125 000
Total Assets	3 890 000	4 273 000	4 183 000	3 993 000
Total Equity	1 654 000	2 301 000	2 035 000	1 806 000

Income (NOK)	2022	2021	2020	2019
Revenue	801 000	1 885 000	1 761 000	1 277 000
Expenditure	1 586 000	1 516 000	1 433 000	1 397 000
Operating Profit	−785 000	369 000	328 000	−120 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	46 000	29 000	35 000	41 000
Financial Balance	−45 000	−28 000	−34 000	−40 000
Earnings Before Tax	−830 000	341 000	293 000	−160 000
Tax	−182 000	75 000	65 000	−35 000
Net Income	−647 000	266 000	229 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 383 000	3 450 000	3 610 000	3 702 000
Total Current Assets	508 000	824 000	573 000	291 000
Total Assets	3 890 000	4 273 000	4 183 000	3 993 000
Total Retained Equity	1 554 000	2 201 000	1 935 000	1 706 000
Total Equity	1 654 000	2 301 000	2 035 000	1 806 000
Total Long-Term Debt	1 646 000	1 413 000	1 652 000	1 704 000
Total Current Debt	591 000	559 000	495 000	482 000
Total Equity and Debt	3 890 000	4 273 000	4 183 000	3 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	801 000	1 885 000	1 761 000	1 277 000
Other Income	0	0	0	0
Revenue	801 000	1 885 000	1 761 000	1 277 000
Cost of Goods Sold	0	0	0	0
Salary Costs	620 000	683 000	677 000	660 000
Depreciation	161 000	160 000	159 000	153 000
Impairment	0	0	0	0
Expenditure	1 586 000	1 516 000	1 433 000	1 397 000
Operating Profit	−785 000	369 000	328 000	−120 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	46 000	29 000	35 000	41 000
Financial Balance	−45 000	−28 000	−34 000	−40 000
Dividends	0	0	0	0
Net Income	−647 000	266 000	229 000	−125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	265 000	265 000	265 000	265 000
Machinery and Plant Facilities	8 000	12 000	15 000	19 000
Fixtures	47 000	54 000	61 000	0
Total Tangible Assets	3 383 000	3 450 000	3 610 000	3 702 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 383 000	3 450 000	3 610 000	3 702 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	319 000	722 000	457 000	258 000
Total Current Assets	508 000	824 000	573 000	291 000
Total Assets	3 890 000	4 273 000	4 183 000	3 993 000
Total Equity	1 654 000	2 301 000	2 035 000	1 806 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 646 000	1 413 000	1 652 000	1 704 000
Creditors	177 000	98 000	51 000	155 000
Unpaid Taxes	24 000	50 000	73 000	21 000
Dividends	0	0	0	0
Other Current Debt	390 000	208 000	366 000	306 000
Total Current Debt	591 000	559 000	495 000	482 000
Total Equity and Debt	3 890 000	4 273 000	4 183 000	3 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,12 %	11,56 %	11,25 %	−6,92 %
Debt-to-Equity Ratio	1	0,61	0,81	0,94
Operating Profit Margin	−98 %	19,58 %	18,63 %	−9,4 %
Current Ratio	0,86	1,47	1,16	0,6
Quick Ratio	0,86	1,47	1,16	0,6
Equity Ratio	0,43	0,54	0,49	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %