TRENOVA AS

3153 TOLVSRØD

Finances

Share Ownership

Return on Equity

884,88 %

Current Ratio

1,18

Debt-to-Equity Ratio

−11,9

Key figures (NOK)	2021	2020	2019	2018
Revenue	56 359 000	44 569 000	23 015 000	15 327 000
Net Income	−2 283 000	1 332 000	187 000	366 000
Total Assets	16 562 000	12 830 000	7 677 000	4 489 000
Total Equity	−258 000	2 293 000	960 000	773 000

Income (NOK)	2021	2020	2019	2018
Revenue	56 359 000	44 569 000	23 015 000	15 327 000
Expenditure	57 460 000	42 328 000	22 767 000	14 634 000
Operating Profit	−1 102 000	2 625 000	366 000	693 000
Financial Income	37 000	20 000	26 000	18 000
Financial Costs	1 220 000	919 000	153 000	235 000
Financial Balance	−1 183 000	−899 000	−127 000	−217 000
Earnings Before Tax	−2 285 000	1 726 000	240 000	476 000
Tax	−2 000	394 000	53 000	110 000
Net Income	−2 283 000	1 332 000	187 000	366 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	284 000	1 119 000	840 000	340 000
Total Current Assets	16 277 000	11 711 000	6 837 000	4 148 000
Total Assets	16 562 000	12 830 000	7 677 000	4 489 000
Total Retained Equity	−1 058 000	1 493 000	160 000	−27 000
Total Equity	−258 000	2 293 000	960 000	773 000
Total Long-Term Debt	3 069 000	3 256 000	2 533 000	461 000
Total Current Debt	13 752 000	7 281 000	4 183 000	3 254 000
Total Equity and Debt	16 562 000	12 830 000	7 677 000	4 489 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	56 359 000	44 569 000	23 003 000	15 327 000
Other Income	0	0	12 000	0
Revenue	56 359 000	44 569 000	23 015 000	15 327 000
Cost of Goods Sold	50 570 000	37 838 000	17 700 000	9 475 000
Salary Costs	3 648 000	2 566 000	2 084 000	3 301 000
Depreciation	145 000	184 000	150 000	149 000
Impairment	0	0	89 000	0
Expenditure	57 460 000	42 328 000	22 767 000	14 634 000
Operating Profit	−1 102 000	2 625 000	366 000	693 000
Financial Income	37 000	20 000	26 000	18 000
Financial Costs	1 220 000	919 000	153 000	235 000
Financial Balance	−1 183 000	−899 000	−127 000	−217 000
Dividends	0	0	0	0
Net Income	−2 283 000	1 332 000	187 000	366 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	274 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	376 000	208 000	337 000
Total Tangible Assets	268 000	376 000	208 000	337 000
Total Fiancial Fixed Assets	17 000	742 000	358 000	0
Total Fixed Assets	284 000	1 119 000	840 000	340 000
Stock	192 000	642 000	214 000	95 000
Total Investments	0	0	0	0
Cash, Bank	207 000	790 000	482 000	197 000
Total Current Assets	16 277 000	11 711 000	6 837 000	4 148 000
Total Assets	16 562 000	12 830 000	7 677 000	4 489 000
Total Equity	−258 000	2 293 000	960 000	773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 069 000	3 256 000	2 533 000	461 000
Creditors	12 045 000	4 767 000	2 844 000	1 479 000
Unpaid Taxes	631 000	1 707 000	557 000	572 000
Dividends	0	0	0	0
Other Current Debt	1 076 000	688 000	460 000	1 203 000
Total Current Debt	13 752 000	7 281 000	4 183 000	3 254 000
Total Equity and Debt	16 562 000	12 830 000	7 677 000	4 489 000

Financial indicators	2021	2020	2019	2018
Return on Equity	884,88 %	58,09 %	19,48 %	47,35 %
Debt-to-Equity Ratio	−11,9	1,42	2,64	0,6
Operating Profit Margin	−1,96 %	5,89 %	1,59 %	4,52 %
Current Ratio	1,18	1,61	1,63	1,27
Quick Ratio	1,2	1,76	1,72	1,31
Equity Ratio	−0,02	0,18	0,13	0,17
Gross Profit Margin	10,27 %	15,1 %	23,09 %	38,18 %