MODELSPORT AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

3,8 %

Current Ratio

3,91

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 327 000	9 431 000	11 731 000	10 771 000
Net Income	231 000	−215 000	704 000	371 000
Total Assets	8 622 000	9 738 000	9 685 000	9 369 000
Total Equity	6 085 000	5 854 000	6 070 000	5 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 327 000	9 431 000	11 731 000	10 771 000
Expenditure	7 987 000	9 570 000	10 839 000	10 169 000
Operating Profit	340 000	−139 000	893 000	602 000
Financial Income	90 000	129 000	219 000	24 000
Financial Costs	198 000	205 000	202 000	255 000
Financial Balance	−108 000	−76 000	17 000	−231 000
Earnings Before Tax	231 000	−215 000	911 000	372 000
Tax	0	0	207 000	1 000
Net Income	231 000	−215 000	704 000	371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	323 000	351 000	177 000	223 000
Total Current Assets	8 299 000	9 387 000	9 509 000	9 146 000
Total Assets	8 622 000	9 738 000	9 685 000	9 369 000
Total Retained Equity	4 985 000	4 754 000	4 970 000	4 266 000
Total Equity	6 085 000	5 854 000	6 070 000	5 366 000
Total Long-Term Debt	417 000	552 000	80 000	123 000
Total Current Debt	2 120 000	3 332 000	3 536 000	3 880 000
Total Equity and Debt	8 622 000	9 738 000	9 685 000	9 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 327 000	9 431 000	11 731 000	10 771 000
Other Income	0	0	0	0
Revenue	8 327 000	9 431 000	11 731 000	10 771 000
Cost of Goods Sold	4 622 000	6 683 000	7 676 000	7 319 000
Salary Costs	1 728 000	1 636 000	1 829 000	1 543 000
Depreciation	29 000	26 000	46 000	79 000
Impairment	0	0	0	0
Expenditure	7 987 000	9 570 000	10 839 000	10 169 000
Operating Profit	340 000	−139 000	893 000	602 000
Financial Income	90 000	129 000	219 000	24 000
Financial Costs	198 000	205 000	202 000	255 000
Financial Balance	−108 000	−76 000	17 000	−231 000
Dividends	0	0	0	0
Net Income	231 000	−215 000	704 000	371 000

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	135 000	164 000	46 000	92 000
Total Tangible Assets	135 000	164 000	46 000	92 000
Total Fiancial Fixed Assets	188 000	188 000	131 000	131 000
Total Fixed Assets	323 000	351 000	177 000	223 000
Stock	6 224 000	7 525 000	7 009 000	7 121 000
Total Investments	0	0	0	0
Cash, Bank	0	53 000	65 000	0
Total Current Assets	8 299 000	9 387 000	9 509 000	9 146 000
Total Assets	8 622 000	9 738 000	9 685 000	9 369 000
Total Equity	6 085 000	5 854 000	6 070 000	5 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	417 000	552 000	80 000	123 000
Creditors	816 000	1 120 000	1 234 000	1 114 000
Unpaid Taxes	431 000	550 000	603 000	638 000
Dividends	0	0	0	0
Other Current Debt	276 000	328 000	337 000	146 000
Total Current Debt	2 120 000	3 332 000	3 536 000	3 880 000
Total Equity and Debt	8 622 000	9 738 000	9 685 000	9 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,8 %	−3,67 %	11,6 %	6,91 %
Debt-to-Equity Ratio	0,07	0,09	0,01	0,02
Operating Profit Margin	4,08 %	−1,47 %	7,61 %	5,59 %
Current Ratio	3,91	2,82	2,69	2,36
Quick Ratio	−2,02	−2,24	−2,74	−2,82
Equity Ratio	0,71	0,6	0,63	0,57
Gross Profit Margin	44,49 %	29,14 %	34,57 %	32,05 %