T S HOLDING AS

4018 STAVANGER

Finances

Return on Equity

6,1 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 290 000	129 806 000	102 007 000	155 236 000
Net Income	5 501 000	8 598 000	6 421 000	4 262 000
Total Assets	198 097 000	202 870 000	168 760 000	158 227 000
Total Equity	90 242 000	89 105 000	78 134 000	70 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 290 000	129 806 000	102 007 000	155 236 000
Expenditure	165 513 000	114 780 000	91 232 000	147 722 000
Operating Profit	10 777 000	15 026 000	10 776 000	7 513 000
Financial Income	54 000	−242 000	−260 000	388 000
Financial Costs	3 504 000	3 148 000	2 045 000	2 677 000
Financial Balance	−3 450 000	−3 390 000	−2 305 000	−2 289 000
Earnings Before Tax	7 327 000	11 636 000	8 472 000	5 224 000
Tax	1 826 000	3 038 000	2 051 000	963 000
Net Income	5 501 000	8 598 000	6 421 000	4 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 260 000	149 154 000	122 661 000	113 346 000
Total Current Assets	48 837 000	53 716 000	46 100 000	44 881 000
Total Assets	198 097 000	202 870 000	168 760 000	158 227 000
Total Retained Equity	82 782 000	81 163 000	74 879 000	67 261 000
Total Equity	90 242 000	89 105 000	78 134 000	70 516 000
Total Long-Term Debt	77 890 000	86 633 000	74 469 000	67 210 000
Total Current Debt	29 965 000	27 132 000	16 156 000	20 500 000
Total Equity and Debt	198 097 000	202 870 000	168 760 000	158 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 729 000	123 360 000	79 586 000	134 696 000
Other Income	14 561 000	6 446 000	22 421 000	20 540 000
Revenue	176 290 000	129 806 000	102 007 000	155 236 000
Cost of Goods Sold	117 934 000	69 160 000	51 312 000	102 645 000
Salary Costs	31 172 000	30 049 000	26 529 000	30 055 000
Depreciation	3 128 000	2 666 000	2 748 000	2 931 000
Impairment	0	0	0	0
Expenditure	165 513 000	114 780 000	91 232 000	147 722 000
Operating Profit	10 777 000	15 026 000	10 776 000	7 513 000
Financial Income	54 000	−242 000	−260 000	388 000
Financial Costs	3 504 000	3 148 000	2 045 000	2 677 000
Financial Balance	−3 450 000	−3 390 000	−2 305 000	−2 289 000
Dividends	3 800 000	1 000 000	0	2 000 000
Net Income	5 501 000	8 598 000	6 421 000	4 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	400 000
Total Intangible Assets	0	0	0	1 778 000
Real Eastate	127 503 000	128 668 000	104 625 000	96 667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 453 000	775 000	978 000	1 320 000
Total Tangible Assets	129 956 000	129 442 000	105 603 000	97 987 000
Total Fiancial Fixed Assets	19 304 000	19 712 000	17 057 000	13 581 000
Total Fixed Assets	149 260 000	149 154 000	122 661 000	113 346 000
Stock	316 000	5 697 000	3 794 000	8 817 000
Total Investments	0	0	2 000	110 000
Cash, Bank	24 345 000	26 876 000	31 200 000	15 774 000
Total Current Assets	48 837 000	53 716 000	46 100 000	44 881 000
Total Assets	198 097 000	202 870 000	168 760 000	158 227 000
Total Equity	90 242 000	89 105 000	78 134 000	70 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 890 000	86 633 000	74 469 000	67 210 000
Creditors	15 286 000	12 058 000	6 683 000	9 344 000
Unpaid Taxes	2 721 000	3 866 000	3 123 000	3 451 000
Dividends	3 800 000	1 000 000	0	2 000 000
Other Current Debt	7 024 000	7 777 000	3 969 000	3 931 000
Total Current Debt	29 965 000	27 132 000	16 156 000	20 500 000
Total Equity and Debt	198 097 000	202 870 000	168 760 000	158 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,1 %	9,65 %	8,22 %	6,04 %
Debt-to-Equity Ratio	0,86	0,97	0,95	0,95
Operating Profit Margin	6,11 %	11,58 %	10,56 %	4,84 %
Current Ratio	1,63	1,98	2,85	2,19
Quick Ratio	1,65	2,51	3,73	3,84
Equity Ratio	0,46	0,44	0,46	0,45
Gross Profit Margin	33,1 %	46,72 %	49,7 %	33,88 %