TGK INVEST AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

15,2 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	554 000	505 000	429 000	512 000
Net Income	188 000	174 000	49 000	13 000
Total Assets	1 917 000	1 898 000	1 872 000	2 233 000
Total Equity	1 237 000	1 462 000	1 287 000	1 756 000

Income (NOK)	2022	2021	2020	2019
Revenue	554 000	505 000	429 000	512 000
Expenditure	309 000	272 000	352 000	477 000
Operating Profit	245 000	233 000	77 000	35 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	6 000	10 000	14 000	20 000
Financial Balance	−5 000	−10 000	−13 000	−18 000
Earnings Before Tax	241 000	223 000	63 000	17 000
Tax	53 000	49 000	14 000	4 000
Net Income	188 000	174 000	49 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 756 000	1 828 000	1 804 000	1 853 000
Total Current Assets	161 000	70 000	68 000	380 000
Total Assets	1 917 000	1 898 000	1 872 000	2 233 000
Total Retained Equity	1 207 000	1 432 000	1 257 000	1 726 000
Total Equity	1 237 000	1 462 000	1 287 000	1 756 000
Total Long-Term Debt	98 000	271 000	349 000	426 000
Total Current Debt	581 000	165 000	236 000	51 000
Total Equity and Debt	1 917 000	1 898 000	1 872 000	2 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	554 000	505 000	429 000	512 000
Other Income	0	0	0	0
Revenue	554 000	505 000	429 000	512 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	2 000	0
Depreciation	73 000	71 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	309 000	272 000	352 000	477 000
Operating Profit	245 000	233 000	77 000	35 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	6 000	10 000	14 000	20 000
Financial Balance	−5 000	−10 000	−13 000	−18 000
Dividends	413 000	0	218 000	0
Net Income	188 000	174 000	49 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 706 000	1 755 000	1 804 000	1 853 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	73 000	0	0
Total Tangible Assets	1 756 000	1 828 000	1 804 000	1 853 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 756 000	1 828 000	1 804 000	1 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	16 000	48 000	291 000
Total Current Assets	161 000	70 000	68 000	380 000
Total Assets	1 917 000	1 898 000	1 872 000	2 233 000
Total Equity	1 237 000	1 462 000	1 287 000	1 756 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	271 000	349 000	426 000
Creditors	56 000	37 000	7 000	0
Unpaid Taxes	46 000	42 000	−8 000	40 000
Dividends	413 000	0	218 000	0
Other Current Debt	420 000	33 000	219 000	3 000
Total Current Debt	581 000	165 000	236 000	51 000
Total Equity and Debt	1 917 000	1 898 000	1 872 000	2 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,2 %	11,9 %	3,81 %	0,74 %
Debt-to-Equity Ratio	0,08	0,19	0,27	0,24
Operating Profit Margin	44,22 %	46,14 %	17,95 %	6,84 %
Current Ratio	0,28	0,42	0,29	7,45
Quick Ratio	0,28	0,42	0,29	7,45
Equity Ratio	0,65	0,77	0,69	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %