EUROPEAN TOURING ROUTE AS

9515 ALTA

Finances

Share Ownership

Return on Equity

83,8 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	440 000	3 000	0	0
Net Income	−300 000	−6 000	−16 000	−19 000
Total Assets	44 000	85 000	8 000	1 000
Total Equity	−358 000	27 000	−52 000	−36 000

Income (NOK)	2022	2021	2020	2019
Revenue	440 000	3 000	0	0
Expenditure	737 000	9 000	16 000	19 000
Operating Profit	−297 000	−6 000	−16 000	−19 000
Financial Income	3 000	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	−300 000	−6 000	−16 000	−19 000
Tax	0	0	0	0
Net Income	−300 000	−6 000	−16 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	44 000	85 000	8 000	1 000
Total Assets	44 000	85 000	8 000	1 000
Total Retained Equity	−536 000	−236 000	−229 000	−214 000
Total Equity	−358 000	27 000	−52 000	−36 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	402 000	58 000	60 000	37 000
Total Equity and Debt	44 000	85 000	8 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 000	0	0
Other Income	440 000	0	0	0
Revenue	440 000	3 000	0	0
Cost of Goods Sold	421 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	737 000	9 000	16 000	19 000
Operating Profit	−297 000	−6 000	−16 000	−19 000
Financial Income	3 000	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	−300 000	−6 000	−16 000	−19 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	85 000	8 000	1 000
Total Current Assets	44 000	85 000	8 000	1 000
Total Assets	44 000	85 000	8 000	1 000
Total Equity	−358 000	27 000	−52 000	−36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	220 000	8 000	10 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	142 000	50 000	50 000	27 000
Total Current Debt	402 000	58 000	60 000	37 000
Total Equity and Debt	44 000	85 000	8 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,8 %	−22,22 %	30,77 %	52,78 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−67,5 %	−200 %	-	-
Current Ratio	0,11	1,47	0,13	0,03
Quick Ratio	0,11	1,47	0,13	0,03
Equity Ratio	−8,14	0,32	−6,5	−36
Gross Profit Margin	4,32 %	100 %	-	-