TIF & TIFFY NORGE AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

37,99 %

Current Ratio

2,1

Debt-to-Equity Ratio

2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 342 000	12 894 000	8 974 000	9 770 000
Net Income	231 000	236 000	−95 000	59 000
Total Assets	4 169 000	3 447 000	3 286 000	9 726 000
Total Equity	608 000	377 000	141 000	237 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 342 000	12 894 000	8 974 000	9 770 000
Expenditure	13 919 000	12 464 000	8 975 000	9 606 000
Operating Profit	423 000	430 000	−1 000	164 000
Financial Income	82 000	52 000	46 000	73 000
Financial Costs	208 000	180 000	166 000	162 000
Financial Balance	−126 000	−128 000	−120 000	−89 000
Earnings Before Tax	297 000	302 000	−122 000	75 000
Tax	65 000	66 000	−27 000	17 000
Net Income	231 000	236 000	−95 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	1 000	38 000	110 000
Total Current Assets	4 157 000	3 446 000	3 248 000	9 616 000
Total Assets	4 169 000	3 447 000	3 286 000	9 726 000
Total Retained Equity	576 000	345 000	109 000	204 000
Total Equity	608 000	377 000	141 000	237 000
Total Long-Term Debt	1 577 000	1 520 000	1 431 000	1 362 000
Total Current Debt	1 983 000	1 550 000	1 715 000	8 127 000
Total Equity and Debt	4 169 000	3 447 000	3 286 000	9 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 342 000	12 894 000	8 974 000	9 770 000
Other Income	0	0	0	0
Revenue	14 342 000	12 894 000	8 974 000	9 770 000
Cost of Goods Sold	10 795 000	9 774 000	6 881 000	7 316 000
Salary Costs	0	0	0	0
Depreciation	0	32 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	13 919 000	12 464 000	8 975 000	9 606 000
Operating Profit	423 000	430 000	−1 000	164 000
Financial Income	82 000	52 000	46 000	73 000
Financial Costs	208 000	180 000	166 000	162 000
Financial Balance	−126 000	−128 000	−120 000	−89 000
Dividends	0	0	0	0
Net Income	231 000	236 000	−95 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	6 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	32 000	76 000
Total Tangible Assets	0	0	32 000	76 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	12 000	1 000	38 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	89 000	145 000	993 000
Total Current Assets	4 157 000	3 446 000	3 248 000	9 616 000
Total Assets	4 169 000	3 447 000	3 286 000	9 726 000
Total Equity	608 000	377 000	141 000	237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 577 000	1 520 000	1 431 000	1 362 000
Creditors	359 000	366 000	166 000	655 000
Unpaid Taxes	1 116 000	741 000	1 057 000	948 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	5 189 000
Total Current Debt	1 983 000	1 550 000	1 715 000	8 127 000
Total Equity and Debt	4 169 000	3 447 000	3 286 000	9 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,99 %	62,6 %	−67,38 %	24,89 %
Debt-to-Equity Ratio	2,59	4,03	10,15	5,75
Operating Profit Margin	2,95 %	3,33 %	−0,01 %	1,68 %
Current Ratio	2,1	2,22	1,89	1,18
Quick Ratio	2,1	2,22	1,89	1,18
Equity Ratio	0,15	0,11	0,04	0,02
Gross Profit Margin	24,73 %	24,2 %	23,32 %	25,12 %