TYRE PROTECTOR NORGE AS

1448 DRØBAK

Finances

Return on Equity

974,14 %

Current Ratio

8,99

Debt-to-Equity Ratio

18,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 204 000	243 000	635 000	631 000
Net Income	565 000	−160 000	−82 000	−17 000
Total Assets	1 249 000	669 000	897 000	1 039 000
Total Equity	58 000	−506 000	−346 000	−264 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 204 000	243 000	635 000	631 000
Expenditure	715 000	238 000	505 000	570 000
Operating Profit	490 000	4 000	130 000	60 000
Financial Income	11 000	16 000	33 000	16 000
Financial Costs	103 000	81 000	87 000	98 000
Financial Balance	−92 000	−65 000	−54 000	−82 000
Earnings Before Tax	398 000	−60 000	75 000	−22 000
Tax	−167 000	100 000	158 000	−5 000
Net Income	565 000	−160 000	−82 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	440 000	507 000	624 000	768 000
Total Current Assets	809 000	162 000	273 000	272 000
Total Assets	1 249 000	669 000	897 000	1 039 000
Total Retained Equity	−42 000	−606 000	−446 000	−364 000
Total Equity	58 000	−506 000	−346 000	−264 000
Total Long-Term Debt	1 101 000	1 169 000	1 234 000	1 296 000
Total Current Debt	90 000	6 000	9 000	8 000
Total Equity and Debt	1 249 000	669 000	897 000	1 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 204 000	243 000	635 000	631 000
Other Income	0	0	0	0
Revenue	1 204 000	243 000	635 000	631 000
Cost of Goods Sold	598 000	124 000	384 000	429 000
Salary Costs	16 000	17 000	19 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	715 000	238 000	505 000	570 000
Operating Profit	490 000	4 000	130 000	60 000
Financial Income	11 000	16 000	33 000	16 000
Financial Costs	103 000	81 000	87 000	98 000
Financial Balance	−92 000	−65 000	−54 000	−82 000
Dividends	0	0	0	0
Net Income	565 000	−160 000	−82 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	167 000	0	100 000	258 000
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	274 000	507 000	524 000	510 000
Total Fixed Assets	440 000	507 000	624 000	768 000
Stock	36 000	5 000	10 000	7 000
Total Investments	0	0	0	0
Cash, Bank	664 000	54 000	161 000	144 000
Total Current Assets	809 000	162 000	273 000	272 000
Total Assets	1 249 000	669 000	897 000	1 039 000
Total Equity	58 000	−506 000	−346 000	−264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 101 000	1 169 000	1 234 000	1 296 000
Creditors	59 000	0	−1 000	0
Unpaid Taxes	3 000	1 000	3 000	1 000
Dividends	0	0	0	0
Other Current Debt	28 000	6 000	6 000	6 000
Total Current Debt	90 000	6 000	9 000	8 000
Total Equity and Debt	1 249 000	669 000	897 000	1 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	974,14 %	31,62 %	23,7 %	6,44 %
Debt-to-Equity Ratio	18,98	−2,31	−3,57	−4,91
Operating Profit Margin	40,7 %	1,65 %	20,47 %	9,51 %
Current Ratio	8,99	27	30,33	34
Quick Ratio	14,98	162	−273	272
Equity Ratio	0,05	−0,76	−0,39	−0,25
Gross Profit Margin	50,33 %	48,97 %	39,53 %	32,01 %