RACING 4 FUN AS

1661 ROLVSØY

Finances

Share Ownership

Return on Equity

64,93 %

Current Ratio

1,53

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 589 000	3 552 000	4 255 000	4 991 000
Net Income	187 000	245 000	−583 000	33 000
Total Assets	2 678 000	2 201 000	1 967 000	2 642 000
Total Equity	288 000	101 000	−144 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 589 000	3 552 000	4 255 000	4 991 000
Expenditure	4 375 000	3 285 000	4 842 000	4 902 000
Operating Profit	213 000	267 000	−586 000	89 000
Financial Income	1 000	8 000	3 000	4 000
Financial Costs	26 000	31 000	23 000	20 000
Financial Balance	−25 000	−23 000	−20 000	−16 000
Earnings Before Tax	187 000	245 000	−605 000	74 000
Tax	0	0	−22 000	41 000
Net Income	187 000	245 000	−583 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	14 000	151 000	180 000
Total Current Assets	2 619 000	2 187 000	1 816 000	2 462 000
Total Assets	2 678 000	2 201 000	1 967 000	2 642 000
Total Retained Equity	188 000	1 000	−244 000	365 000
Total Equity	288 000	101 000	−144 000	465 000
Total Long-Term Debt	684 000	721 000	914 000	175 000
Total Current Debt	1 707 000	1 379 000	1 198 000	2 002 000
Total Equity and Debt	2 678 000	2 201 000	1 967 000	2 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 563 000	3 410 000	3 255 000	4 992 000
Other Income	26 000	142 000	1 000 000	−1 000
Revenue	4 589 000	3 552 000	4 255 000	4 991 000
Cost of Goods Sold	2 943 000	2 172 000	3 425 000	3 056 000
Salary Costs	590 000	516 000	503 000	826 000
Depreciation	4 000	23 000	48 000	204 000
Impairment	0	0	0	0
Expenditure	4 375 000	3 285 000	4 842 000	4 902 000
Operating Profit	213 000	267 000	−586 000	89 000
Financial Income	1 000	8 000	3 000	4 000
Financial Costs	26 000	31 000	23 000	20 000
Financial Balance	−25 000	−23 000	−20 000	−16 000
Dividends	0	0	0	0
Net Income	187 000	245 000	−583 000	33 000

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	60 000	14 000	151 000	180 000
Total Tangible Assets	60 000	14 000	151 000	180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	14 000	151 000	180 000
Stock	2 108 000	1 705 000	1 243 000	2 197 000
Total Investments	0	0	0	0
Cash, Bank	293 000	149 000	431 000	89 000
Total Current Assets	2 619 000	2 187 000	1 816 000	2 462 000
Total Assets	2 678 000	2 201 000	1 967 000	2 642 000
Total Equity	288 000	101 000	−144 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	684 000	721 000	914 000	175 000
Creditors	769 000	448 000	839 000	792 000
Unpaid Taxes	106 000	13 000	71 000	181 000
Dividends	0	0	0	0
Other Current Debt	832 000	917 000	288 000	982 000
Total Current Debt	1 707 000	1 379 000	1 198 000	2 002 000
Total Equity and Debt	2 678 000	2 201 000	1 967 000	2 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,93 %	242,57 %	404,86 %	7,1 %
Debt-to-Equity Ratio	2,38	7,14	−6,35	0,38
Operating Profit Margin	4,64 %	7,52 %	−13,77 %	1,78 %
Current Ratio	1,53	1,59	1,52	1,23
Quick Ratio	−6,53	−6,71	−40,36	−12,63
Equity Ratio	0,11	0,05	−0,07	0,18
Gross Profit Margin	35,87 %	38,85 %	19,51 %	38,77 %