TARGET HOLDING AS

2013 SKJETTEN

Finances

Return on Equity

7,28 %

Current Ratio

79,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	364 000	300 000	300 000
Net Income	1 778 000	500 000	−2 773 000	4 062 000
Total Assets	24 443 000	12 083 000	26 698 000	37 034 000
Total Equity	24 414 000	11 206 000	10 706 000	13 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	364 000	300 000	300 000
Expenditure	296 000	4 495 000	16 175 000	14 345 000
Operating Profit	5 000	−4 131 000	−15 875 000	−14 045 000
Financial Income	2 289 000	4 949 000	11 380 000	18 264 000
Financial Costs	14 000	177 000	20 000	3 000
Financial Balance	2 275 000	4 772 000	11 360 000	18 261 000
Earnings Before Tax	2 279 000	641 000	−4 515 000	4 216 000
Tax	501 000	141 000	−1 742 000	154 000
Net Income	1 778 000	500 000	−2 773 000	4 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 148 000	7 186 000	11 098 000	14 433 000
Total Current Assets	2 296 000	4 897 000	15 599 000	22 601 000
Total Assets	24 443 000	12 083 000	26 698 000	37 034 000
Total Retained Equity	3 567 000	1 789 000	1 290 000	4 062 000
Total Equity	24 414 000	11 206 000	10 706 000	13 479 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	29 000	878 000	15 992 000	23 556 000
Total Equity and Debt	24 443 000	12 083 000	26 698 000	37 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	364 000	300 000	300 000
Other Income	0	0	0	0
Revenue	300 000	364 000	300 000	300 000
Cost of Goods Sold	135 000	3 368 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	296 000	4 495 000	16 175 000	14 345 000
Operating Profit	5 000	−4 131 000	−15 875 000	−14 045 000
Financial Income	2 289 000	4 949 000	11 380 000	18 264 000
Financial Costs	14 000	177 000	20 000	3 000
Financial Balance	2 275 000	4 772 000	11 360 000	18 261 000
Dividends	0	0	0	0
Net Income	1 778 000	500 000	−2 773 000	4 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 434 000	4 935 000	5 076 000	3 334 000
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	17 714 000	2 251 000	6 022 000	11 100 000
Total Fixed Assets	22 148 000	7 186 000	11 098 000	14 433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	88 000	266 000	1 000 000
Total Current Assets	2 296 000	4 897 000	15 599 000	22 601 000
Total Assets	24 443 000	12 083 000	26 698 000	37 034 000
Total Equity	24 414 000	11 206 000	10 706 000	13 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	868 000	102 000	5 000
Unpaid Taxes	12 000	10 000	11 000	12 000
Dividends	0	0	0	0
Other Current Debt	0	0	15 879 000	23 539 000
Total Current Debt	29 000	878 000	15 992 000	23 556 000
Total Equity and Debt	24 443 000	12 083 000	26 698 000	37 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,28 %	4,46 %	−25,9 %	30,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,67 %	−1 134,89 %	−5 291,67 %	−4 681,67 %
Current Ratio	79,17	5,58	0,98	0,96
Quick Ratio	79,17	5,58	0,98	0,96
Equity Ratio	1	0,93	0,4	0,36
Gross Profit Margin	55 %	−825,27 %	100 %	100 %