TG UTVIKLING AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

3,23 %

Current Ratio

2,11

Debt-to-Equity Ratio

320,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 115 000	8 732 000	6 098 000	29 923 000
Net Income	1 000	5 181 000	954 000	7 007 000
Total Assets	11 178 000	16 962 000	11 949 000	18 199 000
Total Equity	31 000	30 000	1 168 000	6 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 115 000	8 732 000	6 098 000	29 923 000
Expenditure	744 000	1 809 000	4 564 000	19 895 000
Operating Profit	371 000	6 924 000	1 534 000	10 028 000
Financial Income	0	0	2 000	7 000
Financial Costs	370 000	240 000	270 000	990 000
Financial Balance	−370 000	−240 000	−268 000	−983 000
Earnings Before Tax	1 000	6 684 000	1 267 000	9 045 000
Tax	0	1 503 000	313 000	2 038 000
Net Income	1 000	5 181 000	954 000	7 007 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 626 000	7 415 000	7 561 000	7 701 000
Total Current Assets	2 552 000	9 547 000	4 388 000	10 498 000
Total Assets	11 178 000	16 962 000	11 949 000	18 199 000
Total Retained Equity	6 000	6 000	1 144 000	6 629 000
Total Equity	31 000	30 000	1 168 000	6 654 000
Total Long-Term Debt	9 936 000	10 243 000	10 457 000	9 000 000
Total Current Debt	1 211 000	6 689 000	324 000	2 546 000
Total Equity and Debt	11 178 000	16 962 000	11 949 000	18 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 957 000	5 290 000	29 276 000
Other Income	1 115 000	775 000	808 000	647 000
Revenue	1 115 000	8 732 000	6 098 000	29 923 000
Cost of Goods Sold	0	1 400 000	4 044 000	19 017 000
Salary Costs	0	0	0	0
Depreciation	177 000	146 000	140 000	140 000
Impairment	0	0	0	0
Expenditure	744 000	1 809 000	4 564 000	19 895 000
Operating Profit	371 000	6 924 000	1 534 000	10 028 000
Financial Income	0	0	2 000	7 000
Financial Costs	370 000	240 000	270 000	990 000
Financial Balance	−370 000	−240 000	−268 000	−983 000
Dividends	0	6 319 000	6 440 000	0
Net Income	1 000	5 181 000	954 000	7 007 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 626 000	7 415 000	7 561 000	7 701 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 626 000	7 415 000	7 561 000	7 701 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 626 000	7 415 000	7 561 000	7 701 000
Stock	1 200 000	2 256 000	2 781 000	6 318 000
Total Investments	0	0	0	0
Cash, Bank	296 000	1 056 000	1 351 000	4 178 000
Total Current Assets	2 552 000	9 547 000	4 388 000	10 498 000
Total Assets	11 178 000	16 962 000	11 949 000	18 199 000
Total Equity	31 000	30 000	1 168 000	6 654 000
Short-Term Group Debt	1 200 000	0	0	0
Total Long-Term Debt	9 936 000	10 243 000	10 457 000	9 000 000
Creditors	0	0	5 000	494 000
Unpaid Taxes	0	0	0	0
Dividends	0	6 319 000	6 440 000	0
Other Current Debt	11 000	4 000	6 000	15 000
Total Current Debt	1 211 000	6 689 000	324 000	2 546 000
Total Equity and Debt	11 178 000	16 962 000	11 949 000	18 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,23 %	17 270 %	81,68 %	105,31 %
Debt-to-Equity Ratio	320,52	341,43	8,95	1,35
Operating Profit Margin	33,27 %	79,29 %	25,16 %	33,51 %
Current Ratio	2,11	1,43	13,54	4,12
Quick Ratio	232	2,15	−1,79	−2,78
Equity Ratio	0	0	0,1	0,37
Gross Profit Margin	100 %	83,97 %	33,68 %	36,45 %