TT DEVELOPMENT AS

5440 MOSTERHAMN

Finances

Return on Equity

−62,2 %

Current Ratio

16,73

Debt-to-Equity Ratio

10,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	251 000	1 615 000	0
Net Income	−130 000	98 000	253 000	−152 000
Total Assets	2 378 000	2 233 000	2 689 000	3 092 000
Total Equity	209 000	339 000	241 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	251 000	1 615 000	0
Expenditure	29 000	42 000	1 045 000	55 000
Operating Profit	−29 000	209 000	570 000	−55 000
Financial Income	0	0	0	0
Financial Costs	101 000	111 000	318 000	97 000
Financial Balance	−101 000	−111 000	−318 000	−97 000
Earnings Before Tax	−130 000	98 000	253 000	−152 000
Tax	0	0	0	0
Net Income	−130 000	98 000	253 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 943 000	1 964 000	1 989 000	2 992 000
Total Current Assets	435 000	270 000	700 000	100 000
Total Assets	2 378 000	2 233 000	2 689 000	3 092 000
Total Retained Equity	179 000	309 000	211 000	−41 000
Total Equity	209 000	339 000	241 000	−11 000
Total Long-Term Debt	2 144 000	1 894 000	2 446 000	3 097 000
Total Current Debt	26 000	0	2 000	6 000
Total Equity and Debt	2 378 000	2 233 000	2 689 000	3 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	251 000	1 615 000	0
Revenue	0	251 000	1 615 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	20 000	25 000	32 000	40 000
Impairment	0	0	0	0
Expenditure	29 000	42 000	1 045 000	55 000
Operating Profit	−29 000	209 000	570 000	−55 000
Financial Income	0	0	0	0
Financial Costs	101 000	111 000	318 000	97 000
Financial Balance	−101 000	−111 000	−318 000	−97 000
Dividends	0	0	0	0
Net Income	−130 000	98 000	253 000	−152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 862 000	1 862 000	1 862 000	2 832 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	102 000	127 000	159 000
Total Tangible Assets	1 943 000	1 964 000	1 989 000	2 992 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 943 000	1 964 000	1 989 000	2 992 000
Stock	0	0	0	0
Total Investments	350 000	100 000	100 000	100 000
Cash, Bank	85 000	170 000	600 000	0
Total Current Assets	435 000	270 000	700 000	100 000
Total Assets	2 378 000	2 233 000	2 689 000	3 092 000
Total Equity	209 000	339 000	241 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 144 000	1 894 000	2 446 000	3 097 000
Creditors	0	0	2 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	0	0	0
Total Current Debt	26 000	0	2 000	6 000
Total Equity and Debt	2 378 000	2 233 000	2 689 000	3 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,2 %	28,91 %	104,98 %	1 381,82 %
Debt-to-Equity Ratio	10,26	5,59	10,15	−281,55
Operating Profit Margin	-	83,27 %	35,29 %	-
Current Ratio	16,73	-	350	16,67
Quick Ratio	16,73	-	350	16,67
Equity Ratio	0,09	0,15	0,09	−0
Gross Profit Margin	-	100 %	100 %	-