NESS MOTORS AS

7045 TRONDHEIM

Finances

Share Ownership

Return on Equity

0,75 %

Current Ratio

96,21

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 058 000	16 030 000	13 753 000	23 957 000
Net Income	30 000	−205 000	−340 000	206 000
Total Assets	5 040 000	4 086 000	5 014 000	4 748 000
Total Equity	3 989 000	3 959 000	4 164 000	4 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 058 000	16 030 000	13 753 000	23 957 000
Expenditure	14 019 000	16 224 000	14 130 000	23 613 000
Operating Profit	40 000	−194 000	−377 000	345 000
Financial Income	2 000	13 000	2 000	5 000
Financial Costs	13 000	23 000	54 000	85 000
Financial Balance	−11 000	−10 000	−52 000	−80 000
Earnings Before Tax	30 000	−205 000	−429 000	264 000
Tax	0	0	−89 000	58 000
Net Income	30 000	−205 000	−340 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	0	31 000	25 000
Total Current Assets	5 003 000	4 086 000	4 983 000	4 723 000
Total Assets	5 040 000	4 086 000	5 014 000	4 748 000
Total Retained Equity	3 789 000	3 759 000	3 964 000	4 304 000
Total Equity	3 989 000	3 959 000	4 164 000	4 504 000
Total Long-Term Debt	1 000 000	0	0	0
Total Current Debt	52 000	127 000	850 000	244 000
Total Equity and Debt	5 040 000	4 086 000	5 014 000	4 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 058 000	16 030 000	13 753 000	23 957 000
Other Income	0	0	0	0
Revenue	14 058 000	16 030 000	13 753 000	23 957 000
Cost of Goods Sold	13 511 000	15 748 000	13 661 000	23 102 000
Salary Costs	311 000	297 000	268 000	295 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 019 000	16 224 000	14 130 000	23 613 000
Operating Profit	40 000	−194 000	−377 000	345 000
Financial Income	2 000	13 000	2 000	5 000
Financial Costs	13 000	23 000	54 000	85 000
Financial Balance	−11 000	−10 000	−52 000	−80 000
Dividends	0	0	0	0
Net Income	30 000	−205 000	−340 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	38 000	0	0	25 000
Total Fixed Assets	38 000	0	31 000	25 000
Stock	3 418 000	3 852 000	4 708 000	4 562 000
Total Investments	0	0	0	0
Cash, Bank	465 000	217 000	217 000	155 000
Total Current Assets	5 003 000	4 086 000	4 983 000	4 723 000
Total Assets	5 040 000	4 086 000	5 014 000	4 748 000
Total Equity	3 989 000	3 959 000	4 164 000	4 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	0	0	0
Creditors	0	22 000	53 000	12 000
Unpaid Taxes	0	79 000	236 000	145 000
Dividends	0	0	0	0
Other Current Debt	52 000	26 000	560 000	29 000
Total Current Debt	52 000	127 000	850 000	244 000
Total Equity and Debt	5 040 000	4 086 000	5 014 000	4 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,75 %	−5,18 %	−8,17 %	4,57 %
Debt-to-Equity Ratio	0,25	0	0	0
Operating Profit Margin	0,28 %	−1,21 %	−2,74 %	1,44 %
Current Ratio	96,21	32,17	5,86	19,36
Quick Ratio	−1,49	−1,1	−1,29	−1,09
Equity Ratio	0,79	0,97	0,83	0,95
Gross Profit Margin	3,89 %	1,76 %	0,67 %	3,57 %