OLAV'S HOT ROD GARAGE AS

4334 ÅLGÅRD

Finances

Share Ownership

Return on Equity

40,54 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 000	86 000	35 000	55 000
Net Income	−30 000	10 000	2 000	8 000
Total Assets	302 000	−49 000	−47 000	−14 000
Total Equity	−74 000	−44 000	−53 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 000	86 000	35 000	55 000
Expenditure	46 000	75 000	33 000	46 000
Operating Profit	−30 000	10 000	2 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−30 000	10 000	2 000	8 000
Tax	0	0	0	0
Net Income	−30 000	10 000	2 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	6 000	6 000
Total Current Assets	302 000	−49 000	−53 000	−20 000
Total Assets	302 000	−49 000	−47 000	−14 000
Total Retained Equity	−174 000	−144 000	−153 000	−155 000
Total Equity	−74 000	−44 000	−53 000	−55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	376 000	−5 000	6 000	41 000
Total Equity and Debt	302 000	−49 000	−47 000	−14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	86 000	35 000	55 000
Other Income	0	0	0	0
Revenue	16 000	86 000	35 000	55 000
Cost of Goods Sold	15 000	15 000	17 000	28 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	75 000	33 000	46 000
Operating Profit	−30 000	10 000	2 000	8 000
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	−30 000	10 000	2 000	8 000

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	0	0	2 000	2 000
Total Tangible Assets	0	0	2 000	2 000
Total Fiancial Fixed Assets	0	0	4 000	4 000
Total Fixed Assets	0	0	6 000	6 000
Stock	265 000	242 000	232 000	232 000
Total Investments	0	0	0	0
Cash, Bank	7 000	1 000	1 000	52 000
Total Current Assets	302 000	−49 000	−53 000	−20 000
Total Assets	302 000	−49 000	−47 000	−14 000
Total Equity	−74 000	−44 000	−53 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	0	−7 000	4 000	6 000
Dividends	0	0	0	0
Other Current Debt	383 000	8 000	8 000	42 000
Total Current Debt	376 000	−5 000	6 000	41 000
Total Equity and Debt	302 000	−49 000	−47 000	−14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,54 %	−22,73 %	−3,77 %	−14,55 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−187,5 %	11,63 %	5,71 %	14,55 %
Current Ratio	0,8	9,8	−8,83	−0,49
Quick Ratio	2,72	0,2	0,23	0,1
Equity Ratio	−0,25	0,9	1,13	3,93
Gross Profit Margin	6,25 %	82,56 %	51,43 %	49,09 %