TIPAG AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

44,16 %

Current Ratio

23,87

Debt-to-Equity Ratio

−1,91

Key figures (NOK)	2022	2021	2020
Revenue	192 000	195 000	0
Net Income	−1 478 000	−3 943 000	−456 000
Total Assets	3 175 000	4 135 000	871 000
Total Equity	−3 347 000	−3 369 000	574 000

Income (NOK)	2022	2021	2020
Revenue	192 000	195 000	0
Expenditure	1 473 000	4 209 000	455 000
Operating Profit	−1 281 000	−3 857 000	−456 000
Financial Income	0	5 000	0
Financial Costs	197 000	91 000	0
Financial Balance	−197 000	−86 000	0
Earnings Before Tax	−1 478 000	−3 943 000	−456 000
Tax	0	0	0
Net Income	−1 478 000	−3 943 000	−456 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	3 175 000	4 135 000	871 000
Total Assets	3 175 000	4 135 000	871 000
Total Retained Equity	−5 877 000	−4 399 000	−456 000
Total Equity	−3 347 000	−3 369 000	574 000
Total Long-Term Debt	6 389 000	6 500 000	0
Total Current Debt	133 000	1 004 000	297 000
Total Equity and Debt	3 175 000	4 135 000	871 000

Cash flow (NOK)	2022	2021	2020
Sales Income	192 000	195 000	0
Other Income	0	0	0
Revenue	192 000	195 000	0
Cost of Goods Sold	563 000	1 237 000	132 000
Salary Costs	468 000	2 370 000	257 000
Depreciation	0	32 000	0
Impairment	0	0	0
Expenditure	1 473 000	4 209 000	455 000
Operating Profit	−1 281 000	−3 857 000	−456 000
Financial Income	0	5 000	0
Financial Costs	197 000	91 000	0
Financial Balance	−197 000	−86 000	0
Dividends	0	0	0
Net Income	−1 478 000	−3 943 000	−456 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	360 000	0
Total Investments	0	0	0
Cash, Bank	3 175 000	3 684 000	871 000
Total Current Assets	3 175 000	4 135 000	871 000
Total Assets	3 175 000	4 135 000	871 000
Total Equity	−3 347 000	−3 369 000	574 000
Short-Term Group Debt	100 000	100 000	0
Total Long-Term Debt	6 389 000	6 500 000	0
Creditors	0	231 000	197 000
Unpaid Taxes	0	71 000	49 000
Dividends	0	0	0
Other Current Debt	33 000	602 000	51 000
Total Current Debt	133 000	1 004 000	297 000
Total Equity and Debt	3 175 000	4 135 000	871 000

Financial indicators	2022	2021	2020
Return on Equity	44,16 %	117,04 %	−79,44 %
Debt-to-Equity Ratio	−1,91	−1,93	0
Operating Profit Margin	−667,19 %	−1 977,95 %	-
Current Ratio	23,87	4,12	2,93
Quick Ratio	23,87	6,42	2,93
Equity Ratio	−1,05	−0,81	0,66
Gross Profit Margin	−193,23 %	−534,36 %	-