TUNGSTEN AUTOMATION NORWAY AS

0369 OSLO

Finances

Share Ownership

Return on Equity

1,31 %

Current Ratio

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 064 000	2 938 000	2 494 000	4 963 000
Net Income	171 000	999 000	2 486 000	835 000
Total Assets	42 852 000	37 396 000	39 985 000	59 104 000
Total Equity	13 032 000	12 860 000	11 861 000	9 374 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 064 000	2 938 000	2 494 000	4 963 000
Expenditure	4 448 000	2 202 000	1 597 000	4 064 000
Operating Profit	616 000	737 000	897 000	899 000
Financial Income	567 000	1 270 000	3 700 000	665 000
Financial Costs	964 000	726 000	1 410 000	494 000
Financial Balance	−397 000	544 000	2 290 000	171 000
Earnings Before Tax	220 000	1 281 000	3 187 000	1 070 000
Tax	48 000	282 000	701 000	235 000
Net Income	171 000	999 000	2 486 000	835 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 000	288 000	325 000	621 000
Total Current Assets	42 594 000	37 108 000	39 661 000	58 483 000
Total Assets	42 852 000	37 396 000	39 985 000	59 104 000
Total Retained Equity	12 032 000	11 860 000	10 861 000	8 374 000
Total Equity	13 032 000	12 860 000	11 861 000	9 374 000
Total Long-Term Debt	21 296 000	14 095 000	18 518 000	41 345 000
Total Current Debt	8 525 000	10 440 000	9 606 000	8 384 000
Total Equity and Debt	42 852 000	37 396 000	39 985 000	59 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 064 000	2 938 000	2 494 000	4 963 000
Other Income	0	0	0	0
Revenue	5 064 000	2 938 000	2 494 000	4 963 000
Cost of Goods Sold	160 000	330 000	328 000	616 000
Salary Costs	1 975 000	1 114 000	699 000	1 157 000
Depreciation	0	0	3 000	5 000
Impairment	0	0	0	0
Expenditure	4 448 000	2 202 000	1 597 000	4 064 000
Operating Profit	616 000	737 000	897 000	899 000
Financial Income	567 000	1 270 000	3 700 000	665 000
Financial Costs	964 000	726 000	1 410 000	494 000
Financial Balance	−397 000	544 000	2 290 000	171 000
Dividends	0	0	0	0
Net Income	171 000	999 000	2 486 000	835 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	257 000	288 000	325 000	618 000
Real Eastate	0	0	0	3 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	257 000	288 000	325 000	621 000
Stock	0	0	0	0
Total Investments	0	0	0	5 845 000
Cash, Bank	278 000	10 929 000	12 868 000	4 647 000
Total Current Assets	42 594 000	37 108 000	39 661 000	58 483 000
Total Assets	42 852 000	37 396 000	39 985 000	59 104 000
Total Equity	13 032 000	12 860 000	11 861 000	9 374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 296 000	14 095 000	18 518 000	41 345 000
Creditors	26 000	0	0	115 000
Unpaid Taxes	632 000	769 000	1 052 000	1 134 000
Dividends	0	0	0	0
Other Current Debt	7 848 000	9 426 000	8 146 000	7 133 000
Total Current Debt	8 525 000	10 440 000	9 606 000	8 384 000
Total Equity and Debt	42 852 000	37 396 000	39 985 000	59 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	7,77 %	20,96 %	8,91 %
Debt-to-Equity Ratio	1,63	1,1	1,56	4,41
Operating Profit Margin	12,16 %	25,09 %	35,97 %	18,11 %
Current Ratio	5	3,55	4,13	6,98
Quick Ratio	5	3,55	4,13	6,98
Equity Ratio	0,3	0,34	0,3	0,16
Gross Profit Margin	96,84 %	88,77 %	86,85 %	87,59 %