GREEN RACING AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

−21,88 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 000	100 000	200 000	150 000
Net Income	−135 000	−181 000	−85 000	−316 000
Total Assets	752 000	844 000	948 000	1 138 000
Total Equity	617 000	644 000	649 000	653 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 000	100 000	200 000	150 000
Expenditure	318 000	333 000	311 000	358 000
Operating Profit	−173 000	−233 000	−111 000	−208 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	2 000	3 000
Earnings Before Tax	−173 000	−231 000	−109 000	−205 000
Tax	−38 000	−51 000	−24 000	112 000
Net Income	−135 000	−181 000	−85 000	−316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	424 000	564 000	709 000	886 000
Total Current Assets	328 000	281 000	240 000	253 000
Total Assets	752 000	844 000	948 000	1 138 000
Total Retained Equity	0	0	0	0
Total Equity	617 000	644 000	649 000	653 000
Total Long-Term Debt	0	3 000	4 000	5 000
Total Current Debt	135 000	198 000	295 000	480 000
Total Equity and Debt	752 000	844 000	948 000	1 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 000	100 000	200 000	150 000
Other Income	0	0	0	0
Revenue	145 000	100 000	200 000	150 000
Cost of Goods Sold	26 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	145 000	145 000	177 000	207 000
Impairment	0	0	0	0
Expenditure	318 000	333 000	311 000	358 000
Operating Profit	−173 000	−233 000	−111 000	−208 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	2 000	3 000
Dividends	0	0	0	0
Net Income	−135 000	−181 000	−85 000	−316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	419 000	564 000	709 000	886 000
Fixtures	0	0	0	0
Total Tangible Assets	419 000	564 000	709 000	886 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	424 000	564 000	709 000	886 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	56 000	73 000	21 000
Total Current Assets	328 000	281 000	240 000	253 000
Total Assets	752 000	844 000	948 000	1 138 000
Total Equity	617 000	644 000	649 000	653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	4 000	5 000
Creditors	135 000	85 000	77 000	79 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	113 000	218 000	401 000
Total Current Debt	135 000	198 000	295 000	480 000
Total Equity and Debt	752 000	844 000	948 000	1 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,88 %	−28,11 %	−13,1 %	−48,39 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	−119,31 %	−233 %	−55,5 %	−138,67 %
Current Ratio	2,43	1,42	0,81	0,53
Quick Ratio	2,43	1,42	0,81	0,53
Equity Ratio	0,82	0,76	0,68	0,57
Gross Profit Margin	82,07 %	100 %	100 %	100 %