TJERVÅG AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

408,26 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 144 000	2 270 000	2 282 000	2 378 000
Net Income	445 000	−321 000	−504 000	−209 000
Total Assets	913 000	787 000	878 000	928 000
Total Equity	109 000	−336 000	−15 000	489 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 144 000	2 270 000	2 282 000	2 378 000
Expenditure	694 000	2 585 000	2 791 000	2 581 000
Operating Profit	451 000	−314 000	−508 000	−203 000
Financial Income	0	5 000	6 000	5 000
Financial Costs	5 000	11 000	2 000	10 000
Financial Balance	−5 000	−6 000	4 000	−5 000
Earnings Before Tax	445 000	−321 000	−504 000	−209 000
Tax	0	0	0	0
Net Income	445 000	−321 000	−504 000	−209 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	39 000	133 000	234 000
Total Current Assets	913 000	748 000	745 000	694 000
Total Assets	913 000	787 000	878 000	928 000
Total Retained Equity	−430 000	−876 000	−555 000	−51 000
Total Equity	109 000	−336 000	−15 000	489 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	803 000	1 123 000	894 000	439 000
Total Equity and Debt	913 000	787 000	878 000	928 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 144 000	2 270 000	2 282 000	2 378 000
Other Income	0	0	0	0
Revenue	1 144 000	2 270 000	2 282 000	2 378 000
Cost of Goods Sold	−13 000	244 000	228 000	27 000
Salary Costs	195 000	1 706 000	1 745 000	1 863 000
Depreciation	39 000	94 000	101 000	122 000
Impairment	0	0	0	0
Expenditure	694 000	2 585 000	2 791 000	2 581 000
Operating Profit	451 000	−314 000	−508 000	−203 000
Financial Income	0	5 000	6 000	5 000
Financial Costs	5 000	11 000	2 000	10 000
Financial Balance	−5 000	−6 000	4 000	−5 000
Dividends	0	0	0	0
Net Income	445 000	−321 000	−504 000	−209 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	3 000	9 000
Fixtures	0	39 000	130 000	225 000
Total Tangible Assets	0	39 000	133 000	234 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	39 000	133 000	234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	249 000	179 000	269 000
Total Current Assets	913 000	748 000	745 000	694 000
Total Assets	913 000	787 000	878 000	928 000
Total Equity	109 000	−336 000	−15 000	489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	222 000	270 000	436 000	93 000
Unpaid Taxes	485 000	634 000	146 000	168 000
Dividends	0	0	0	0
Other Current Debt	97 000	219 000	312 000	179 000
Total Current Debt	803 000	1 123 000	894 000	439 000
Total Equity and Debt	913 000	787 000	878 000	928 000

Financial indicators	2021	2020	2019	2018
Return on Equity	408,26 %	95,54 %	3 360 %	−42,74 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	39,42 %	−13,83 %	−22,26 %	−8,54 %
Current Ratio	1,14	0,67	0,83	1,58
Quick Ratio	1,14	0,67	0,83	1,58
Equity Ratio	0,12	−0,43	−0,02	0,53
Gross Profit Margin	101,14 %	89,25 %	90,01 %	98,86 %