TU HARSTAD AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

7,71 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	318 000	437 000	550 000
Net Income	−30 000	−145 000	−88 000	−105 000
Total Assets	159 000	201 000	345 000	276 000
Total Equity	−389 000	−358 000	−214 000	−126 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	318 000	437 000	550 000
Expenditure	254 000	458 000	522 000	644 000
Operating Profit	−30 000	−140 000	−87 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	1 000	11 000
Financial Balance	0	−5 000	−1 000	−11 000
Earnings Before Tax	−30 000	−145 000	−88 000	−105 000
Tax	0	0	0	0
Net Income	−30 000	−145 000	−88 000	−105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	45 000	52 000	58 000
Total Current Assets	121 000	156 000	293 000	218 000
Total Assets	159 000	201 000	345 000	276 000
Total Retained Equity	−469 000	−438 000	−294 000	−206 000
Total Equity	−389 000	−358 000	−214 000	−126 000
Total Long-Term Debt	331 000	321 000	321 000	321 000
Total Current Debt	217 000	239 000	238 000	81 000
Total Equity and Debt	159 000	201 000	345 000	276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 000	318 000	437 000	550 000
Other Income	0	0	0	0
Revenue	225 000	318 000	437 000	550 000
Cost of Goods Sold	100 000	185 000	188 000	157 000
Salary Costs	8 000	41 000	73 000	178 000
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	254 000	458 000	522 000	644 000
Operating Profit	−30 000	−140 000	−87 000	−94 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	1 000	11 000
Financial Balance	0	−5 000	−1 000	−11 000
Dividends	0	0	0	0
Net Income	−30 000	−145 000	−88 000	−105 000

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	38 000	45 000	51 000	58 000
Total Tangible Assets	38 000	45 000	51 000	58 000
Total Fiancial Fixed Assets	0	0	1 000	0
Total Fixed Assets	38 000	45 000	52 000	58 000
Stock	95 000	126 000	178 000	136 000
Total Investments	0	0	0	0
Cash, Bank	20 000	30 000	107 000	63 000
Total Current Assets	121 000	156 000	293 000	218 000
Total Assets	159 000	201 000	345 000	276 000
Total Equity	−389 000	−358 000	−214 000	−126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	331 000	321 000	321 000	321 000
Creditors	175 000	163 000	150 000	52 000
Unpaid Taxes	4 000	10 000	4 000	15 000
Dividends	0	0	0	0
Other Current Debt	38 000	66 000	84 000	14 000
Total Current Debt	217 000	239 000	238 000	81 000
Total Equity and Debt	159 000	201 000	345 000	276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,71 %	40,5 %	41,12 %	83,33 %
Debt-to-Equity Ratio	−0,85	−0,9	−1,5	−2,55
Operating Profit Margin	−13,33 %	−44,03 %	−19,91 %	−17,09 %
Current Ratio	0,56	0,65	1,23	2,69
Quick Ratio	0,99	1,38	4,88	−3,96
Equity Ratio	−2,45	−1,78	−0,62	−0,46
Gross Profit Margin	55,56 %	41,82 %	56,98 %	71,45 %