SPEEDOPTIONS AS

3425 REISTAD

Finances

Share Ownership

Return on Equity

47,44 %

Current Ratio

3,51

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 654 000	16 191 000	17 643 000	15 336 000
Net Income	1 748 000	1 333 000	406 000	818 000
Total Assets	5 224 000	5 256 000	9 626 000	10 334 000
Total Equity	3 685 000	1 937 000	8 222 000	7 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 654 000	16 191 000	17 643 000	15 336 000
Expenditure	12 417 000	14 486 000	17 138 000	14 308 000
Operating Profit	2 236 000	1 704 000	505 000	1 028 000
Financial Income	0	5 000	21 000	32 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	5 000	20 000	32 000
Earnings Before Tax	2 235 000	1 709 000	525 000	1 061 000
Tax	487 000	376 000	119 000	242 000
Net Income	1 748 000	1 333 000	406 000	818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	28 000	35 000	124 000
Total Current Assets	5 182 000	5 228 000	9 591 000	10 210 000
Total Assets	5 224 000	5 256 000	9 626 000	10 334 000
Total Retained Equity	3 573 000	1 824 000	8 109 000	7 703 000
Total Equity	3 685 000	1 937 000	8 222 000	7 816 000
Total Long-Term Debt	61 000	61 000	0	0
Total Current Debt	1 478 000	3 258 000	1 404 000	2 519 000
Total Equity and Debt	5 224 000	5 256 000	9 626 000	10 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 654 000	16 191 000	17 643 000	15 336 000
Other Income	0	0	0	0
Revenue	14 654 000	16 191 000	17 643 000	15 336 000
Cost of Goods Sold	8 970 000	10 902 000	10 600 000	7 831 000
Salary Costs	1 339 000	1 282 000	1 265 000	1 144 000
Depreciation	7 000	7 000	89 000	95 000
Impairment	0	0	0	0
Expenditure	12 417 000	14 486 000	17 138 000	14 308 000
Operating Profit	2 236 000	1 704 000	505 000	1 028 000
Financial Income	0	5 000	21 000	32 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	5 000	20 000	32 000
Dividends	0	7 618 000	0	900 000
Net Income	1 748 000	1 333 000	406 000	818 000

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	21 000	28 000	35 000	124 000
Total Tangible Assets	21 000	28 000	35 000	124 000
Total Fiancial Fixed Assets	21 000	0	0	0
Total Fixed Assets	42 000	28 000	35 000	124 000
Stock	4 841 000	4 239 000	3 089 000	3 096 000
Total Investments	0	0	0	0
Cash, Bank	325 000	989 000	6 459 000	7 095 000
Total Current Assets	5 182 000	5 228 000	9 591 000	10 210 000
Total Assets	5 224 000	5 256 000	9 626 000	10 334 000
Total Equity	3 685 000	1 937 000	8 222 000	7 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 000	61 000	0	0
Creditors	27 000	1 876 000	802 000	1 113 000
Unpaid Taxes	312 000	358 000	302 000	81 000
Dividends	0	7 618 000	0	900 000
Other Current Debt	649 000	648 000	181 000	182 000
Total Current Debt	1 478 000	3 258 000	1 404 000	2 519 000
Total Equity and Debt	5 224 000	5 256 000	9 626 000	10 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,44 %	68,82 %	4,94 %	10,47 %
Debt-to-Equity Ratio	0,02	0,03	0	0
Operating Profit Margin	15,26 %	10,52 %	2,86 %	6,7 %
Current Ratio	3,51	1,6	6,83	4,05
Quick Ratio	−1,54	−5,33	−5,69	−17,69
Equity Ratio	0,71	0,37	0,85	0,76
Gross Profit Margin	38,79 %	32,67 %	39,92 %	48,94 %