MOTORFIST NORWAY AS

9540 TALVIK

Finances

Share Ownership

Return on Equity

−161,21 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	468 000	66 000	115 000	230 000
Net Income	187 000	−40 000	−103 000	−39 000
Total Assets	363 000	106 000	105 000	116 000
Total Equity	−116 000	−303 000	−262 000	−159 000

Income (NOK)	2022	2021	2020	2019
Revenue	468 000	66 000	115 000	230 000
Expenditure	281 000	106 000	218 000	265 000
Operating Profit	187 000	−40 000	−102 000	−35 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	2 000	10 000
Financial Balance	0	0	−2 000	−4 000
Earnings Before Tax	187 000	−40 000	−103 000	−39 000
Tax	0	0	0	0
Net Income	187 000	−40 000	−103 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	42 000	64 000	26 000
Total Current Assets	335 000	64 000	41 000	90 000
Total Assets	363 000	106 000	105 000	116 000
Total Retained Equity	−231 000	−418 000	−378 000	−274 000
Total Equity	−116 000	−303 000	−262 000	−159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	479 000	408 000	367 000	275 000
Total Equity and Debt	363 000	106 000	105 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	468 000	66 000	115 000	230 000
Other Income	0	0	0	0
Revenue	468 000	66 000	115 000	230 000
Cost of Goods Sold	202 000	74 000	175 000	161 000
Salary Costs	0	0	0	0
Depreciation	14 000	22 000	19 000	0
Impairment	0	0	0	0
Expenditure	281 000	106 000	218 000	265 000
Operating Profit	187 000	−40 000	−102 000	−35 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	2 000	10 000
Financial Balance	0	0	−2 000	−4 000
Dividends	0	0	0	0
Net Income	187 000	−40 000	−103 000	−39 000

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	28 000	42 000	64 000	26 000
Total Tangible Assets	28 000	42 000	64 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	42 000	64 000	26 000
Stock	20 000	47 000	51 000	102 000
Total Investments	0	0	0	0
Cash, Bank	256 000	29 000	0	0
Total Current Assets	335 000	64 000	41 000	90 000
Total Assets	363 000	106 000	105 000	116 000
Total Equity	−116 000	−303 000	−262 000	−159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	145 000	−5 000	26 000	35 000
Unpaid Taxes	86 000	10 000	−17 000	16 000
Dividends	0	0	0	0
Other Current Debt	299 000	454 000	472 000	477 000
Total Current Debt	479 000	408 000	367 000	275 000
Total Equity and Debt	363 000	106 000	105 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−161,21 %	13,2 %	39,31 %	24,53 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	39,96 %	−60,61 %	−88,7 %	−15,22 %
Current Ratio	0,7	0,16	0,11	0,33
Quick Ratio	0,73	0,18	0,13	0,52
Equity Ratio	−0,32	−2,86	−2,5	−1,37
Gross Profit Margin	56,84 %	−12,12 %	−52,17 %	30 %