TENNØY TRADING AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

−20,09 %

Current Ratio

1,46

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 915 000	3 774 000	4 244 000	3 516 000
Net Income	−87 000	209 000	59 000	114 000
Total Assets	2 912 000	3 485 000	3 081 000	2 756 000
Total Equity	433 000	520 000	311 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 915 000	3 774 000	4 244 000	3 516 000
Expenditure	2 951 000	3 448 000	4 043 000	3 290 000
Operating Profit	−36 000	326 000	201 000	224 000
Financial Income	9 000	18 000	0	8 000
Financial Costs	84 000	77 000	125 000	87 000
Financial Balance	−75 000	−59 000	−125 000	−79 000
Earnings Before Tax	−111 000	267 000	77 000	146 000
Tax	−24 000	57 000	17 000	32 000
Net Income	−87 000	209 000	59 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	90 000	124 000	160 000
Total Current Assets	2 816 000	3 395 000	2 956 000	2 596 000
Total Assets	2 912 000	3 485 000	3 081 000	2 756 000
Total Retained Equity	245 000	332 000	123 000	63 000
Total Equity	433 000	520 000	311 000	251 000
Total Long-Term Debt	547 000	704 000	1 003 000	725 000
Total Current Debt	1 932 000	2 261 000	1 767 000	1 780 000
Total Equity and Debt	2 912 000	3 485 000	3 081 000	2 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 913 000	3 772 000	4 241 000	3 512 000
Other Income	2 000	2 000	3 000	4 000
Revenue	2 915 000	3 774 000	4 244 000	3 516 000
Cost of Goods Sold	1 507 000	1 796 000	2 330 000	1 834 000
Salary Costs	674 000	871 000	933 000	641 000
Depreciation	46 000	40 000	35 000	29 000
Impairment	0	0	0	0
Expenditure	2 951 000	3 448 000	4 043 000	3 290 000
Operating Profit	−36 000	326 000	201 000	224 000
Financial Income	9 000	18 000	0	8 000
Financial Costs	84 000	77 000	125 000	87 000
Financial Balance	−75 000	−59 000	−125 000	−79 000
Dividends	0	0	0	0
Net Income	−87 000	209 000	59 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	90 000	124 000	160 000
Total Tangible Assets	78 000	90 000	124 000	160 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	90 000	124 000	160 000
Stock	2 797 000	3 334 000	2 800 000	2 539 000
Total Investments	0	0	0	0
Cash, Bank	4 000	1 000	51 000	13 000
Total Current Assets	2 816 000	3 395 000	2 956 000	2 596 000
Total Assets	2 912 000	3 485 000	3 081 000	2 756 000
Total Equity	433 000	520 000	311 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	547 000	704 000	1 003 000	725 000
Creditors	333 000	1 025 000	823 000	1 011 000
Unpaid Taxes	330 000	226 000	298 000	288 000
Dividends	0	0	0	0
Other Current Debt	1 074 000	783 000	446 000	322 000
Total Current Debt	1 932 000	2 261 000	1 767 000	1 780 000
Total Equity and Debt	2 912 000	3 485 000	3 081 000	2 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,09 %	40,19 %	18,97 %	45,42 %
Debt-to-Equity Ratio	1,26	1,35	3,23	2,89
Operating Profit Margin	−1,23 %	8,64 %	4,74 %	6,37 %
Current Ratio	1,46	1,5	1,67	1,46
Quick Ratio	−3,26	−3,16	−2,86	−3,42
Equity Ratio	0,15	0,15	0,1	0,09
Gross Profit Margin	48,3 %	52,41 %	45,1 %	47,84 %