TFS & CO AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

42,96 %

Current Ratio

−0,03

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 914 000	4 472 000	3 066 000	3 986 000
Net Income	−928 000	−519 000	−288 000	−643 000
Total Assets	179 000	696 000	877 000	344 000
Total Equity	−2 160 000	−1 232 000	−713 000	−425 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 914 000	4 472 000	3 066 000	3 986 000
Expenditure	6 801 000	4 991 000	3 305 000	4 622 000
Operating Profit	−888 000	−518 000	−239 000	−636 000
Financial Income	1 000	0	0	1 000
Financial Costs	42 000	31 000	49 000	16 000
Financial Balance	−41 000	−31 000	−49 000	−15 000
Earnings Before Tax	−928 000	−549 000	−288 000	−651 000
Tax	0	−31 000	0	−8 000
Net Income	−928 000	−519 000	−288 000	−643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	372 000	494 000	260 000
Total Current Assets	−61 000	324 000	383 000	83 000
Total Assets	179 000	696 000	877 000	344 000
Total Retained Equity	−2 190 000	−1 262 000	−743 000	−455 000
Total Equity	−2 160 000	−1 232 000	−713 000	−425 000
Total Long-Term Debt	304 000	388 000	477 000	163 000
Total Current Debt	2 035 000	1 540 000	1 112 000	606 000
Total Equity and Debt	179 000	696 000	877 000	344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 914 000	4 472 000	3 066 000	3 986 000
Other Income	0	0	0	0
Revenue	5 914 000	4 472 000	3 066 000	3 986 000
Cost of Goods Sold	2 285 000	1 317 000	653 000	841 000
Salary Costs	3 446 000	2 625 000	1 696 000	2 960 000
Depreciation	130 000	135 000	102 000	72 000
Impairment	0	0	0	0
Expenditure	6 801 000	4 991 000	3 305 000	4 622 000
Operating Profit	−888 000	−518 000	−239 000	−636 000
Financial Income	1 000	0	0	1 000
Financial Costs	42 000	31 000	49 000	16 000
Financial Balance	−41 000	−31 000	−49 000	−15 000
Dividends	0	0	0	0
Net Income	−928 000	−519 000	−288 000	−643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	229 000	359 000	494 000	260 000
Total Tangible Assets	229 000	359 000	494 000	260 000
Total Fiancial Fixed Assets	11 000	12 000	0	0
Total Fixed Assets	240 000	372 000	494 000	260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	32 000	273 000	13 000
Total Current Assets	−61 000	324 000	383 000	83 000
Total Assets	179 000	696 000	877 000	344 000
Total Equity	−2 160 000	−1 232 000	−713 000	−425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	304 000	388 000	477 000	163 000
Creditors	494 000	270 000	202 000	111 000
Unpaid Taxes	887 000	792 000	572 000	239 000
Dividends	0	0	0	0
Other Current Debt	654 000	477 000	338 000	224 000
Total Current Debt	2 035 000	1 540 000	1 112 000	606 000
Total Equity and Debt	179 000	696 000	877 000	344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,96 %	42,13 %	40,39 %	151,29 %
Debt-to-Equity Ratio	−0,14	−0,31	−0,67	−0,38
Operating Profit Margin	−15,02 %	−11,58 %	−7,8 %	−15,96 %
Current Ratio	−0,03	0,21	0,34	0,14
Quick Ratio	−0,03	0,21	0,34	0,14
Equity Ratio	−12,07	−1,77	−0,81	−1,24
Gross Profit Margin	61,36 %	70,55 %	78,7 %	78,9 %