TINGVOLL SKOGSERVICE AS

6629 TORJULVÅGEN

Finances

Share Ownership

Return on Equity

−5,47 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 662 000	4 419 000	3 915 000	3 358 000
Net Income	−41 000	−321 000	−177 000	−249 000
Total Assets	1 367 000	1 201 000	865 000	1 221 000
Total Equity	749 000	790 000	611 000	788 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 662 000	4 419 000	3 915 000	3 358 000
Expenditure	4 709 000	4 746 000	4 098 000	3 649 000
Operating Profit	−47 000	−326 000	−182 000	−292 000
Financial Income	5 000	6 000	5 000	5 000
Financial Costs	0	0	0	5 000
Financial Balance	5 000	6 000	5 000	0
Earnings Before Tax	−41 000	−321 000	−177 000	−291 000
Tax	0	0	0	−42 000
Net Income	−41 000	−321 000	−177 000	−249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	492 000	513 000	371 000	621 000
Total Current Assets	875 000	689 000	494 000	600 000
Total Assets	1 367 000	1 201 000	865 000	1 221 000
Total Retained Equity	49 000	90 000	411 000	588 000
Total Equity	749 000	790 000	611 000	788 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	618 000	411 000	254 000	433 000
Total Equity and Debt	1 367 000	1 201 000	865 000	1 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 657 000	4 419 000	3 915 000	3 345 000
Other Income	5 000	0	0	13 000
Revenue	4 662 000	4 419 000	3 915 000	3 358 000
Cost of Goods Sold	2 282 000	1 967 000	1 660 000	1 132 000
Salary Costs	2 000	2 000	2 000	34 000
Depreciation	64 000	98 000	0	−1 000
Impairment	0	0	0	0
Expenditure	4 709 000	4 746 000	4 098 000	3 649 000
Operating Profit	−47 000	−326 000	−182 000	−292 000
Financial Income	5 000	6 000	5 000	5 000
Financial Costs	0	0	0	5 000
Financial Balance	5 000	6 000	5 000	0
Dividends	0	0	0	0
Net Income	−41 000	−321 000	−177 000	−249 000

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	492 000	392 000	0	0
Total Tangible Assets	492 000	392 000	0	0
Total Fiancial Fixed Assets	0	121 000	371 000	621 000
Total Fixed Assets	492 000	513 000	371 000	621 000
Stock	5 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	389 000	83 000	244 000
Total Current Assets	875 000	689 000	494 000	600 000
Total Assets	1 367 000	1 201 000	865 000	1 221 000
Total Equity	749 000	790 000	611 000	788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	558 000	411 000	254 000	325 000
Unpaid Taxes	60 000	0	0	108 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	618 000	411 000	254 000	433 000
Total Equity and Debt	1 367 000	1 201 000	865 000	1 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,47 %	−40,63 %	−28,97 %	−31,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,01 %	−7,38 %	−4,65 %	−8,7 %
Current Ratio	1,42	1,68	1,94	1,39
Quick Ratio	1,43	1,68	1,94	1,39
Equity Ratio	0,55	0,66	0,71	0,65
Gross Profit Margin	51,05 %	55,49 %	57,6 %	66,29 %