MOTOR FORUM AS

6011 ÅLESUND

Finances

Return on Equity

20,91 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 652 000	153 726 000	136 456 000	169 621 000
Net Income	2 304 000	2 451 000	3 094 000	3 935 000
Total Assets	51 810 000	32 776 000	30 145 000	31 777 000
Total Equity	11 020 000	10 566 000	10 557 000	10 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 652 000	153 726 000	136 456 000	169 621 000
Expenditure	157 335 000	150 401 000	132 370 000	164 410 000
Operating Profit	3 317 000	3 325 000	4 087 000	5 209 000
Financial Income	7 000	21 000	8 000	8 000
Financial Costs	369 000	205 000	129 000	168 000
Financial Balance	−362 000	−184 000	−121 000	−160 000
Earnings Before Tax	2 955 000	3 142 000	3 966 000	5 049 000
Tax	651 000	691 000	872 000	1 115 000
Net Income	2 304 000	2 451 000	3 094 000	3 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 318 000	8 596 000	8 575 000	4 308 000
Total Current Assets	42 492 000	24 180 000	21 570 000	27 469 000
Total Assets	51 810 000	32 776 000	30 145 000	31 777 000
Total Retained Equity	7 320 000	6 866 000	6 857 000	6 483 000
Total Equity	11 020 000	10 566 000	10 557 000	10 183 000
Total Long-Term Debt	1 561 000	1 770 000	1 525 000	1 353 000
Total Current Debt	39 229 000	20 440 000	18 064 000	20 242 000
Total Equity and Debt	51 810 000	32 776 000	30 145 000	31 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 093 000	153 090 000	134 923 000	168 511 000
Other Income	559 000	636 000	1 533 000	1 110 000
Revenue	160 652 000	153 726 000	136 456 000	169 621 000
Cost of Goods Sold	131 273 000	125 834 000	107 831 000	137 802 000
Salary Costs	16 048 000	15 038 000	15 673 000	16 548 000
Depreciation	1 443 000	1 170 000	689 000	675 000
Impairment	0	0	0	0
Expenditure	157 335 000	150 401 000	132 370 000	164 410 000
Operating Profit	3 317 000	3 325 000	4 087 000	5 209 000
Financial Income	7 000	21 000	8 000	8 000
Financial Costs	369 000	205 000	129 000	168 000
Financial Balance	−362 000	−184 000	−121 000	−160 000
Dividends	1 850 000	2 442 000	2 720 000	1 591 000
Net Income	2 304 000	2 451 000	3 094 000	3 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	499 000	578 000	435 000	534 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 299 000	6 508 000	6 638 000	2 272 000
Total Tangible Assets	7 299 000	6 508 000	6 638 000	2 272 000
Total Fiancial Fixed Assets	1 519 000	1 510 000	1 502 000	1 502 000
Total Fixed Assets	9 318 000	8 596 000	8 575 000	4 308 000
Stock	36 677 000	15 576 000	18 058 000	19 746 000
Total Investments	0	0	0	0
Cash, Bank	669 000	659 000	586 000	758 000
Total Current Assets	42 492 000	24 180 000	21 570 000	27 469 000
Total Assets	51 810 000	32 776 000	30 145 000	31 777 000
Total Equity	11 020 000	10 566 000	10 557 000	10 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 561 000	1 770 000	1 525 000	1 353 000
Creditors	816 000	618 000	1 444 000	1 014 000
Unpaid Taxes	1 522 000	2 059 000	1 276 000	2 760 000
Dividends	1 850 000	2 442 000	2 720 000	1 591 000
Other Current Debt	36 319 000	16 929 000	14 571 000	15 314 000
Total Current Debt	39 229 000	20 440 000	18 064 000	20 242 000
Total Equity and Debt	51 810 000	32 776 000	30 145 000	31 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,91 %	23,2 %	29,31 %	38,64 %
Debt-to-Equity Ratio	0,14	0,17	0,14	0,13
Operating Profit Margin	2,06 %	2,16 %	3 %	3,07 %
Current Ratio	1,08	1,18	1,19	1,36
Quick Ratio	16,65	4,97	3 595	55,38
Equity Ratio	0,21	0,32	0,35	0,32
Gross Profit Margin	18,29 %	18,14 %	20,98 %	18,76 %