TRONDHEIM ENGINEERING AS

7080 HEIMDAL

Finances

Return on Equity

8,88 %

Current Ratio

3,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 925 000	9 439 000	7 034 000	9 498 000
Net Income	427 000	1 500 000	854 000	982 000
Total Assets	6 279 000	6 058 000	5 559 000	4 476 000
Total Equity	4 810 000	4 383 000	2 884 000	2 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 925 000	9 439 000	7 034 000	9 498 000
Expenditure	10 741 000	8 077 000	6 796 000	7 972 000
Operating Profit	184 000	1 362 000	237 000	1 525 000
Financial Income	354 000	317 000	636 000	4 000
Financial Costs	125 000	8 000	19 000	262 000
Financial Balance	229 000	309 000	617 000	−258 000
Earnings Before Tax	413 000	1 671 000	854 000	1 266 000
Tax	−14 000	171 000	0	285 000
Net Income	427 000	1 500 000	854 000	982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 278 000	2 234 000	2 070 000	823 000
Total Current Assets	5 001 000	3 824 000	3 489 000	3 654 000
Total Assets	6 279 000	6 058 000	5 559 000	4 476 000
Total Retained Equity	4 780 000	4 353 000	2 854 000	1 999 000
Total Equity	4 810 000	4 383 000	2 884 000	2 029 000
Total Long-Term Debt	0	3 000	111 000	149 000
Total Current Debt	1 469 000	1 672 000	2 564 000	2 298 000
Total Equity and Debt	6 279 000	6 058 000	5 559 000	4 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 668 000	9 259 000	7 165 000	9 432 000
Other Income	257 000	180 000	−131 000	66 000
Revenue	10 925 000	9 439 000	7 034 000	9 498 000
Cost of Goods Sold	3 437 000	1 626 000	1 338 000	2 245 000
Salary Costs	6 359 000	5 580 000	4 707 000	5 179 000
Depreciation	201 000	218 000	76 000	29 000
Impairment	0	0	0	0
Expenditure	10 741 000	8 077 000	6 796 000	7 972 000
Operating Profit	184 000	1 362 000	237 000	1 525 000
Financial Income	354 000	317 000	636 000	4 000
Financial Costs	125 000	8 000	19 000	262 000
Financial Balance	229 000	309 000	617 000	−258 000
Dividends	0	0	0	0
Net Income	427 000	1 500 000	854 000	982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	2 000	2 000
Fixtures	370 000	556 000	712 000	110 000
Total Tangible Assets	370 000	556 000	714 000	111 000
Total Fiancial Fixed Assets	894 000	1 679 000	1 355 000	711 000
Total Fixed Assets	1 278 000	2 234 000	2 070 000	823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 772 000	1 756 000	1 184 000	1 274 000
Total Current Assets	5 001 000	3 824 000	3 489 000	3 654 000
Total Assets	6 279 000	6 058 000	5 559 000	4 476 000
Total Equity	4 810 000	4 383 000	2 884 000	2 029 000
Short-Term Group Debt	−600 000	0	900 000	0
Total Long-Term Debt	0	3 000	111 000	149 000
Creditors	587 000	−62 000	347 000	254 000
Unpaid Taxes	683 000	769 000	649 000	802 000
Dividends	0	0	0	0
Other Current Debt	796 000	686 000	630 000	901 000
Total Current Debt	1 469 000	1 672 000	2 564 000	2 298 000
Total Equity and Debt	6 279 000	6 058 000	5 559 000	4 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,88 %	34,22 %	29,61 %	48,4 %
Debt-to-Equity Ratio	0	0	0,04	0,07
Operating Profit Margin	1,68 %	14,43 %	3,37 %	16,06 %
Current Ratio	3,4	2,29	1,36	1,59
Quick Ratio	3,4	2,29	1,36	1,59
Equity Ratio	0,77	0,72	0,52	0,45
Gross Profit Margin	68,54 %	82,77 %	80,98 %	76,36 %