TUBES INTERNATIONAL NORGE AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

30,46 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 012 000	2 616 000	2 828 000	5 637 000
Net Income	−959 000	−820 000	−1 080 000	−244 000
Total Assets	2 178 000	2 139 000	2 152 000	2 494 000
Total Equity	−3 148 000	−2 189 000	−1 370 000	−290 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 012 000	2 616 000	2 828 000	5 637 000
Expenditure	5 020 000	3 505 000	3 824 000	5 833 000
Operating Profit	−1 008 000	−890 000	−996 000	−195 000
Financial Income	263 000	140 000	72 000	12 000
Financial Costs	214 000	70 000	156 000	61 000
Financial Balance	49 000	70 000	−84 000	−49 000
Earnings Before Tax	−959 000	−820 000	−1 080 000	−244 000
Tax	0	0	0	0
Net Income	−959 000	−820 000	−1 080 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	58 000	65 000	115 000
Total Current Assets	2 147 000	2 080 000	2 086 000	2 379 000
Total Assets	2 178 000	2 139 000	2 152 000	2 494 000
Total Retained Equity	−12 226 000	−11 267 000	−10 448 000	−9 368 000
Total Equity	−3 148 000	−2 189 000	−1 370 000	−290 000
Total Long-Term Debt	1 837 000	1 803 000	1 769 000	1 347 000
Total Current Debt	3 489 000	2 525 000	1 752 000	1 436 000
Total Equity and Debt	2 178 000	2 139 000	2 152 000	2 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 012 000	2 536 000	2 828 000	5 637 000
Other Income	0	80 000	0	0
Revenue	4 012 000	2 616 000	2 828 000	5 637 000
Cost of Goods Sold	2 760 000	1 614 000	2 004 000	4 277 000
Salary Costs	1 644 000	1 268 000	1 194 000	796 000
Depreciation	7 000	7 000	70 000	109 000
Impairment	0	0	0	0
Expenditure	5 020 000	3 505 000	3 824 000	5 833 000
Operating Profit	−1 008 000	−890 000	−996 000	−195 000
Financial Income	263 000	140 000	72 000	12 000
Financial Costs	214 000	70 000	156 000	61 000
Financial Balance	49 000	70 000	−84 000	−49 000
Dividends	0	0	0	0
Net Income	−959 000	−820 000	−1 080 000	−244 000

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	1 000	8 000	15 000	64 000
Total Tangible Assets	1 000	8 000	15 000	64 000
Total Fiancial Fixed Assets	30 000	50 000	50 000	51 000
Total Fixed Assets	31 000	58 000	65 000	115 000
Stock	909 000	713 000	770 000	1 040 000
Total Investments	0	0	0	0
Cash, Bank	214 000	1 132 000	958 000	771 000
Total Current Assets	2 147 000	2 080 000	2 086 000	2 379 000
Total Assets	2 178 000	2 139 000	2 152 000	2 494 000
Total Equity	−3 148 000	−2 189 000	−1 370 000	−290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 837 000	1 803 000	1 769 000	1 347 000
Creditors	3 041 000	2 278 000	1 452 000	1 248 000
Unpaid Taxes	259 000	118 000	176 000	134 000
Dividends	0	0	0	0
Other Current Debt	188 000	129 000	125 000	55 000
Total Current Debt	3 489 000	2 525 000	1 752 000	1 436 000
Total Equity and Debt	2 178 000	2 139 000	2 152 000	2 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,46 %	37,46 %	78,83 %	84,14 %
Debt-to-Equity Ratio	−0,58	−0,82	−1,29	−4,64
Operating Profit Margin	−25,12 %	−34,02 %	−35,22 %	−3,46 %
Current Ratio	0,62	0,82	1,19	1,66
Quick Ratio	0,83	1,15	2,12	6,01
Equity Ratio	−1,45	−1,02	−0,64	−0,12
Gross Profit Margin	31,21 %	38,3 %	29,14 %	24,13 %