MOTOR-SPORT AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

82,22 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 903 000	3 000 000	3 095 000	4 452 000
Net Income	148 000	−92 000	−181 000	81 000
Total Assets	2 149 000	709 000	820 000	639 000
Total Equity	180 000	32 000	124 000	305 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 903 000	3 000 000	3 095 000	4 452 000
Expenditure	6 736 000	3 106 000	3 236 000	4 359 000
Operating Profit	168 000	−105 000	−142 000	92 000
Financial Income	0	0	0	0
Financial Costs	20 000	18 000	7 000	11 000
Financial Balance	−20 000	−18 000	−7 000	−11 000
Earnings Before Tax	148 000	−123 000	−149 000	81 000
Tax	0	−31 000	31 000	0
Net Income	148 000	−92 000	−181 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	147 000	201 000	250 000	20 000
Total Current Assets	2 002 000	508 000	570 000	619 000
Total Assets	2 149 000	709 000	820 000	639 000
Total Retained Equity	78 000	−70 000	22 000	203 000
Total Equity	180 000	32 000	124 000	305 000
Total Long-Term Debt	194 000	226 000	263 000	75 000
Total Current Debt	1 775 000	451 000	432 000	259 000
Total Equity and Debt	2 149 000	709 000	820 000	639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 859 000	2 923 000	3 061 000	4 395 000
Other Income	44 000	77 000	33 000	56 000
Revenue	6 903 000	3 000 000	3 095 000	4 452 000
Cost of Goods Sold	5 438 000	2 150 000	2 377 000	3 405 000
Salary Costs	793 000	570 000	561 000	602 000
Depreciation	52 000	52 000	28 000	57 000
Impairment	0	0	0	0
Expenditure	6 736 000	3 106 000	3 236 000	4 359 000
Operating Profit	168 000	−105 000	−142 000	92 000
Financial Income	0	0	0	0
Financial Costs	20 000	18 000	7 000	11 000
Financial Balance	−20 000	−18 000	−7 000	−11 000
Dividends	0	0	0	0
Net Income	148 000	−92 000	−181 000	81 000

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	0	0	0	0
Fixtures	147 000	199 000	250 000	20 000
Total Tangible Assets	147 000	199 000	250 000	20 000
Total Fiancial Fixed Assets	0	2 000	0	0
Total Fixed Assets	147 000	201 000	250 000	20 000
Stock	1 263 000	298 000	238 000	332 000
Total Investments	0	0	0	0
Cash, Bank	309 000	155 000	230 000	248 000
Total Current Assets	2 002 000	508 000	570 000	619 000
Total Assets	2 149 000	709 000	820 000	639 000
Total Equity	180 000	32 000	124 000	305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 000	226 000	263 000	75 000
Creditors	1 612 000	269 000	91 000	24 000
Unpaid Taxes	71 000	106 000	255 000	150 000
Dividends	0	0	0	0
Other Current Debt	92 000	76 000	86 000	85 000
Total Current Debt	1 775 000	451 000	432 000	259 000
Total Equity and Debt	2 149 000	709 000	820 000	639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,22 %	−287,5 %	−145,97 %	26,56 %
Debt-to-Equity Ratio	1,08	7,06	2,12	0,25
Operating Profit Margin	2,43 %	−3,5 %	−4,59 %	2,07 %
Current Ratio	1,13	1,13	1,32	2,39
Quick Ratio	3,91	3,32	2,94	−8,48
Equity Ratio	0,08	0,05	0,15	0,48
Gross Profit Margin	21,22 %	28,33 %	23,2 %	23,52 %