TFN 1 AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

205,29 %

Current Ratio

2,73

Debt-to-Equity Ratio

−6,15

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 859 000	2 390 000	382 000	0
Net Income	−1 708 000	514 000	253 000	−91 000
Total Assets	6 693 000	3 644 000	551 000	121 000
Total Equity	−832 000	876 000	362 000	109 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 859 000	2 390 000	382 000	0
Expenditure	3 543 000	1 744 000	57 000	119 000
Operating Profit	−1 684 000	646 000	325 000	−119 000
Financial Income	0	16 000	0	0
Financial Costs	24 000	3 000	0	0
Financial Balance	−24 000	13 000	0	0
Earnings Before Tax	−1 708 000	659 000	325 000	−119 000
Tax	0	145 000	71 000	−28 000
Net Income	−1 708 000	514 000	253 000	−91 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	126 000	3 390 000	0	28 000
Total Current Assets	6 567 000	255 000	551 000	93 000
Total Assets	6 693 000	3 644 000	551 000	121 000
Total Retained Equity	−1 032 000	676 000	162 000	−91 000
Total Equity	−832 000	876 000	362 000	109 000
Total Long-Term Debt	5 118 000	1 234 000	0	0
Total Current Debt	2 407 000	1 534 000	189 000	12 000
Total Equity and Debt	6 693 000	3 644 000	551 000	121 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 075 000	2 390 000	382 000	0
Other Income	784 000	0	0	0
Revenue	1 859 000	2 390 000	382 000	0
Cost of Goods Sold	20 000	3 000	0	0
Salary Costs	453 000	350 000	0	118 000
Depreciation	18 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 543 000	1 744 000	57 000	119 000
Operating Profit	−1 684 000	646 000	325 000	−119 000
Financial Income	0	16 000	0	0
Financial Costs	24 000	3 000	0	0
Financial Balance	−24 000	13 000	0	0
Dividends	0	0	0	0
Net Income	−1 708 000	514 000	253 000	−91 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	0	0	0
Total Tangible Assets	95 000	0	0	0
Total Fiancial Fixed Assets	32 000	3 390 000	0	0
Total Fixed Assets	126 000	3 390 000	0	28 000
Stock	226 000	150 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	4 000	3 000	10 000
Total Current Assets	6 567 000	255 000	551 000	93 000
Total Assets	6 693 000	3 644 000	551 000	121 000
Total Equity	−832 000	876 000	362 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 118 000	1 234 000	0	0
Creditors	−716 000	121 000	39 000	0
Unpaid Taxes	11 000	226 000	95 000	1 000
Dividends	0	0	0	0
Other Current Debt	2 967 000	998 000	11 000	11 000
Total Current Debt	2 407 000	1 534 000	189 000	12 000
Total Equity and Debt	6 693 000	3 644 000	551 000	121 000

Financial indicators	2021	2020	2019	2018
Return on Equity	205,29 %	58,68 %	69,89 %	−83,49 %
Debt-to-Equity Ratio	−6,15	1,41	0	0
Operating Profit Margin	−90,59 %	27,03 %	85,08 %	-
Current Ratio	2,73	0,17	2,92	7,75
Quick Ratio	3,01	0,18	2,92	7,75
Equity Ratio	−0,12	0,24	0,66	0,9
Gross Profit Margin	98,92 %	99,87 %	100 %	-