TARGET WINES AS

1366 LYSAKER

Finances

Return on Equity

123,59 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 612 000	11 719 000	11 875 000	8 272 000
Net Income	5 800 000	6 972 000	4 462 000	2 496 000
Total Assets	17 955 000	14 371 000	11 757 000	7 312 000
Total Equity	4 693 000	6 893 000	5 160 000	3 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 612 000	11 719 000	11 875 000	8 272 000
Expenditure	5 281 000	7 934 000	8 358 000	6 019 000
Operating Profit	2 331 000	3 784 000	3 518 000	2 254 000
Financial Income	4 018 000	4 048 000	1 899 000	808 000
Financial Costs	41 000	21 000	203 000	87 000
Financial Balance	3 977 000	4 027 000	1 696 000	721 000
Earnings Before Tax	6 308 000	7 811 000	5 213 000	2 975 000
Tax	508 000	838 000	751 000	479 000
Net Income	5 800 000	6 972 000	4 462 000	2 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 050 000	1 050 000	1 050 000	1 050 000
Total Current Assets	16 905 000	13 321 000	10 707 000	6 262 000
Total Assets	17 955 000	14 371 000	11 757 000	7 312 000
Total Retained Equity	4 663 000	6 863 000	5 130 000	3 346 000
Total Equity	4 693 000	6 893 000	5 160 000	3 376 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 261 000	7 478 000	6 597 000	3 936 000
Total Equity and Debt	17 955 000	14 371 000	11 757 000	7 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 612 000	11 719 000	11 875 000	8 272 000
Other Income	0	0	0	0
Revenue	7 612 000	11 719 000	11 875 000	8 272 000
Cost of Goods Sold	4 251 000	6 806 000	7 413 000	5 034 000
Salary Costs	869 000	889 000	756 000	630 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 281 000	7 934 000	8 358 000	6 019 000
Operating Profit	2 331 000	3 784 000	3 518 000	2 254 000
Financial Income	4 018 000	4 048 000	1 899 000	808 000
Financial Costs	41 000	21 000	203 000	87 000
Financial Balance	3 977 000	4 027 000	1 696 000	721 000
Dividends	8 000 000	5 200 000	2 600 000	2 500 000
Net Income	5 800 000	6 972 000	4 462 000	2 496 000

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	1 050 000	1 050 000	1 050 000	1 050 000
Total Fixed Assets	1 050 000	1 050 000	1 050 000	1 050 000
Stock	529 000	1 381 000	2 673 000	767 000
Total Investments	0	0	0	0
Cash, Bank	2 229 000	916 000	1 358 000	1 321 000
Total Current Assets	16 905 000	13 321 000	10 707 000	6 262 000
Total Assets	17 955 000	14 371 000	11 757 000	7 312 000
Total Equity	4 693 000	6 893 000	5 160 000	3 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	47 000	59 000	629 000	52 000
Unpaid Taxes	613 000	773 000	987 000	779 000
Dividends	8 000 000	5 200 000	2 600 000	2 500 000
Other Current Debt	4 093 000	619 000	1 653 000	138 000
Total Current Debt	13 261 000	7 478 000	6 597 000	3 936 000
Total Equity and Debt	17 955 000	14 371 000	11 757 000	7 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	123,59 %	101,15 %	86,47 %	73,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,62 %	32,29 %	29,63 %	27,25 %
Current Ratio	1,27	1,78	1,62	1,59
Quick Ratio	1,33	2,18	2,73	1,98
Equity Ratio	0,26	0,48	0,44	0,46
Gross Profit Margin	44,15 %	41,92 %	37,57 %	39,14 %