TT BYGG ÅRDAL AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

31,72 %

Current Ratio

0,59

Debt-to-Equity Ratio

−3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 209 000	585 000	960 000
Net Income	−157 000	−203 000	−154 000	20 000
Total Assets	1 414 000	1 626 000	187 000	449 000
Total Equity	−495 000	−337 000	−134 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 209 000	585 000	960 000
Expenditure	1 204 000	1 383 000	765 000	920 000
Operating Profit	38 000	−176 000	−180 000	41 000
Financial Income	0	0	0	0
Financial Costs	87 000	84 000	17 000	15 000
Financial Balance	−87 000	−84 000	−17 000	−15 000
Earnings Before Tax	−48 000	−260 000	−197 000	26 000
Tax	109 000	−57 000	−43 000	6 000
Net Income	−157 000	−203 000	−154 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 217 000	1 450 000	72 000	78 000
Total Current Assets	197 000	176 000	115 000	371 000
Total Assets	1 414 000	1 626 000	187 000	449 000
Total Retained Equity	−545 000	−387 000	−184 000	−31 000
Total Equity	−495 000	−337 000	−134 000	19 000
Total Long-Term Debt	1 572 000	1 658 000	94 000	76 000
Total Current Debt	336 000	306 000	228 000	354 000
Total Equity and Debt	1 414 000	1 626 000	187 000	449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 073 000	1 137 000	585 000	960 000
Other Income	168 000	72 000	0	0
Revenue	1 242 000	1 209 000	585 000	960 000
Cost of Goods Sold	310 000	538 000	71 000	105 000
Salary Costs	646 000	622 000	519 000	628 000
Depreciation	36 000	9 000	49 000	56 000
Impairment	0	0	0	0
Expenditure	1 204 000	1 383 000	765 000	920 000
Operating Profit	38 000	−176 000	−180 000	41 000
Financial Income	0	0	0	0
Financial Costs	87 000	84 000	17 000	15 000
Financial Balance	−87 000	−84 000	−17 000	−15 000
Dividends	0	0	0	0
Net Income	−157 000	−203 000	−154 000	20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	109 000	52 000	9 000
Real Eastate	1 176 000	1 200 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	141 000	0	49 000
Total Tangible Assets	1 217 000	1 341 000	0	49 000
Total Fiancial Fixed Assets	0	0	20 000	20 000
Total Fixed Assets	1 217 000	1 450 000	72 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	81 000	5 000	24 000
Total Current Assets	197 000	176 000	115 000	371 000
Total Assets	1 414 000	1 626 000	187 000	449 000
Total Equity	−495 000	−337 000	−134 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 572 000	1 658 000	94 000	76 000
Creditors	101 000	167 000	81 000	105 000
Unpaid Taxes	71 000	45 000	42 000	150 000
Dividends	0	0	0	0
Other Current Debt	164 000	94 000	104 000	99 000
Total Current Debt	336 000	306 000	228 000	354 000
Total Equity and Debt	1 414 000	1 626 000	187 000	449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,72 %	60,24 %	114,93 %	105,26 %
Debt-to-Equity Ratio	−3,18	−4,92	−0,7	4
Operating Profit Margin	3,06 %	−14,56 %	−30,77 %	4,27 %
Current Ratio	0,59	0,58	0,5	1,05
Quick Ratio	0,59	0,58	0,5	1,05
Equity Ratio	−0,35	−0,21	−0,72	0,04
Gross Profit Margin	75,04 %	55,5 %	87,86 %	89,06 %