TINEX AS

0975 OSLO

Finances

Share Ownership

Return on Equity

41,4 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 083 000	10 358 000	16 071 000	18 756 000
Net Income	1 864 000	230 000	−391 000	−340 000
Total Assets	7 636 000	9 198 000	8 676 000	12 589 000
Total Equity	4 502 000	2 639 000	2 249 000	3 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 083 000	10 358 000	16 071 000	18 756 000
Expenditure	10 504 000	10 924 000	16 477 000	18 865 000
Operating Profit	2 579 000	−567 000	−406 000	−109 000
Financial Income	87 000	251 000	549 000	128 000
Financial Costs	276 000	376 000	645 000	456 000
Financial Balance	−189 000	−125 000	−96 000	−328 000
Earnings Before Tax	2 389 000	−691 000	−502 000	−437 000
Tax	526 000	−921 000	−110 000	−97 000
Net Income	1 864 000	230 000	−391 000	−340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	559 000	1 001 000	1 493 000
Total Current Assets	7 409 000	8 639 000	7 675 000	11 097 000
Total Assets	7 636 000	9 198 000	8 676 000	12 589 000
Total Retained Equity	2 093 000	230 000	0	0
Total Equity	4 502 000	2 639 000	2 249 000	3 215 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 133 000	6 560 000	6 427 000	9 375 000
Total Equity and Debt	7 636 000	9 198 000	8 676 000	12 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 081 000	10 358 000	16 015 000	17 148 000
Other Income	2 000	0	56 000	1 608 000
Revenue	13 083 000	10 358 000	16 071 000	18 756 000
Cost of Goods Sold	3 950 000	4 485 000	9 873 000	9 479 000
Salary Costs	4 321 000	4 541 000	4 718 000	5 369 000
Depreciation	8 000	8 000	8 000	64 000
Impairment	0	0	0	0
Expenditure	10 504 000	10 924 000	16 477 000	18 865 000
Operating Profit	2 579 000	−567 000	−406 000	−109 000
Financial Income	87 000	251 000	549 000	128 000
Financial Costs	276 000	376 000	645 000	456 000
Financial Balance	−189 000	−125 000	−96 000	−328 000
Dividends	0	0	0	0
Net Income	1 864 000	230 000	−391 000	−340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	169 000	474 000	889 000	1 353 000
Real Eastate	8 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	24 000	32 000
Total Tangible Assets	8 000	16 000	24 000	32 000
Total Fiancial Fixed Assets	50 000	69 000	88 000	108 000
Total Fixed Assets	227 000	559 000	1 001 000	1 493 000
Stock	1 121 000	956 000	927 000	1 079 000
Total Investments	0	0	0	0
Cash, Bank	882 000	1 197 000	1 779 000	1 262 000
Total Current Assets	7 409 000	8 639 000	7 675 000	11 097 000
Total Assets	7 636 000	9 198 000	8 676 000	12 589 000
Total Equity	4 502 000	2 639 000	2 249 000	3 215 000
Short-Term Group Debt	7 000	4 620 000	2 613 000	1 787 000
Total Long-Term Debt	0	0	0	0
Creditors	1 104 000	1 031 000	1 004 000	3 128 000
Unpaid Taxes	487 000	469 000	701 000	1 312 000
Dividends	0	0	0	0
Other Current Debt	453 000	440 000	1 103 000	1 498 000
Total Current Debt	3 133 000	6 560 000	6 427 000	9 375 000
Total Equity and Debt	7 636 000	9 198 000	8 676 000	12 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,4 %	8,72 %	−17,39 %	−10,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,71 %	−5,47 %	−2,53 %	−0,58 %
Current Ratio	2,36	1,32	1,19	1,18
Quick Ratio	3,68	1,54	1,4	1,34
Equity Ratio	0,59	0,29	0,26	0,26
Gross Profit Margin	69,81 %	56,7 %	38,57 %	49,46 %