TJESSEM EQUESTRIAN AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−100,69 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 158 000	908 000	508 000	301 000
Net Income	146 000	246 000	−50 000	−67 000
Total Assets	263 000	191 000	−223 000	−207 000
Total Equity	−145 000	−292 000	−538 000	−488 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 158 000	908 000	508 000	301 000
Expenditure	1 019 000	602 000	556 000	368 000
Operating Profit	138 000	306 000	−48 000	−67 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−2 000	0
Earnings Before Tax	133 000	306 000	−50 000	−67 000
Tax	−14 000	60 000	0	0
Net Income	146 000	246 000	−50 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	135 000	0	0
Total Current Assets	155 000	56 000	−223 000	−207 000
Total Assets	263 000	191 000	−223 000	−207 000
Total Retained Equity	−175 000	−322 000	−568 000	−518 000
Total Equity	−145 000	−292 000	−538 000	−488 000
Total Long-Term Debt	92 000	131 000	0	0
Total Current Debt	316 000	352 000	315 000	281 000
Total Equity and Debt	263 000	191 000	−223 000	−207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 155 000	903 000	499 000	298 000
Other Income	3 000	4 000	9 000	3 000
Revenue	1 158 000	908 000	508 000	301 000
Cost of Goods Sold	400 000	290 000	298 000	207 000
Salary Costs	2 000	0	0	0
Depreciation	28 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	1 019 000	602 000	556 000	368 000
Operating Profit	138 000	306 000	−48 000	−67 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	146 000	246 000	−50 000	−67 000

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	107 000	135 000	0	0
Total Tangible Assets	107 000	135 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	135 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	51 000	−217 000	−227 000
Total Current Assets	155 000	56 000	−223 000	−207 000
Total Assets	263 000	191 000	−223 000	−207 000
Total Equity	−145 000	−292 000	−538 000	−488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 000	131 000	0	0
Creditors	37 000	21 000	52 000	23 000
Unpaid Taxes	20 000	13 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	259 000	259 000	259 000	259 000
Total Current Debt	316 000	352 000	315 000	281 000
Total Equity and Debt	263 000	191 000	−223 000	−207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,69 %	−84,25 %	9,29 %	13,73 %
Debt-to-Equity Ratio	−0,63	−0,45	−0	−0
Operating Profit Margin	11,92 %	33,7 %	−9,45 %	−22,26 %
Current Ratio	0,49	0,16	−0,71	−0,74
Quick Ratio	0,49	0,16	−0,71	−0,74
Equity Ratio	−0,55	−1,53	2,41	2,36
Gross Profit Margin	65,46 %	68,06 %	41,34 %	31,23 %