TARGET CIRCLE AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

603,85 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 818 000	30 718 000	44 369 000	70 780 000
Net Income	1 727 000	3 783 000	8 448 000	13 922 000
Total Assets	13 445 000	10 076 000	19 358 000	35 925 000
Total Equity	286 000	286 000	205 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 818 000	30 718 000	44 369 000	70 780 000
Expenditure	35 528 000	29 298 000	33 748 000	52 762 000
Operating Profit	2 290 000	1 419 000	10 620 000	18 017 000
Financial Income	632 000	4 089 000	1 018 000	651 000
Financial Costs	707 000	658 000	807 000	809 000
Financial Balance	−75 000	3 431 000	211 000	−158 000
Earnings Before Tax	2 215 000	4 850 000	10 831 000	17 860 000
Tax	487 000	1 067 000	2 384 000	3 937 000
Net Income	1 727 000	3 783 000	8 448 000	13 922 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	209 000	232 000	85 000
Total Current Assets	13 237 000	9 867 000	19 126 000	35 840 000
Total Assets	13 445 000	10 076 000	19 358 000	35 925 000
Total Retained Equity	82 000	82 000	0	248 000
Total Equity	286 000	286 000	205 000	278 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 159 000	9 790 000	19 153 000	35 647 000
Total Equity and Debt	13 445 000	10 076 000	19 358 000	35 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 508 000	30 718 000	44 369 000	70 780 000
Other Income	4 310 000	0	0	0
Revenue	37 818 000	30 718 000	44 369 000	70 780 000
Cost of Goods Sold	29 164 000	23 298 000	26 396 000	46 155 000
Salary Costs	1 325 000	1 501 000	2 787 000	1 904 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 528 000	29 298 000	33 748 000	52 762 000
Operating Profit	2 290 000	1 419 000	10 620 000	18 017 000
Financial Income	632 000	4 089 000	1 018 000	651 000
Financial Costs	707 000	658 000	807 000	809 000
Financial Balance	−75 000	3 431 000	211 000	−158 000
Dividends	0	0	0	0
Net Income	1 727 000	3 783 000	8 448 000	13 922 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	190 000	190 000	213 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	19 000	19 000	19 000	19 000
Total Fixed Assets	209 000	209 000	232 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	539 000	677 000	790 000	3 702 000
Total Current Assets	13 237 000	9 867 000	19 126 000	35 840 000
Total Assets	13 445 000	10 076 000	19 358 000	35 925 000
Total Equity	286 000	286 000	205 000	278 000
Short-Term Group Debt	8 513 000	6 620 000	0	11 022 000
Total Long-Term Debt	0	0	0	0
Creditors	917 000	1 146 000	951 000	169 000
Unpaid Taxes	45 000	319 000	142 000	110 000
Dividends	0	0	0	0
Other Current Debt	3 684 000	1 705 000	6 559 000	6 249 000
Total Current Debt	13 159 000	9 790 000	19 153 000	35 647 000
Total Equity and Debt	13 445 000	10 076 000	19 358 000	35 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	603,85 %	1 322,73 %	4 120,98 %	5 007,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,06 %	4,62 %	23,94 %	25,45 %
Current Ratio	1,01	1,01	1	1,01
Quick Ratio	1,01	1,01	1	1,01
Equity Ratio	0,02	0,03	0,01	0,01
Gross Profit Margin	22,88 %	24,16 %	40,51 %	34,79 %