TIFA INDUSTRIES AS

0781 OSLO

Finances

Return on Equity

21,68 %

Current Ratio

−11 245,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	0	0	31 000
Net Income	6 879 000	3 491 000	22 468 000	2 714 000
Total Assets	31 726 000	27 871 000	26 475 000	4 834 000
Total Equity	31 728 000	26 813 000	26 372 000	4 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	0	0	31 000
Expenditure	505 000	276 000	117 000	217 000
Operating Profit	−415 000	−276 000	−117 000	−186 000
Financial Income	9 340 000	4 087 000	22 784 000	2 900 000
Financial Costs	1 999 000	291 000	90 000	0
Financial Balance	7 341 000	3 796 000	22 694 000	2 900 000
Earnings Before Tax	6 926 000	3 520 000	22 578 000	2 714 000
Tax	47 000	29 000	110 000	0
Net Income	6 879 000	3 491 000	22 468 000	2 714 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 235 000	5 071 000	3 095 000	3 095 000
Total Current Assets	22 491 000	22 800 000	23 380 000	1 739 000
Total Assets	31 726 000	27 871 000	26 475 000	4 834 000
Total Retained Equity	31 573 000	26 658 000	25 267 000	2 799 000
Total Equity	31 728 000	26 813 000	26 372 000	4 829 000
Total Long-Term Debt	0	409 000	0	0
Total Current Debt	−2 000	649 000	103 000	4 000
Total Equity and Debt	31 726 000	27 871 000	26 475 000	4 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	31 000
Other Income	90 000	0	0	0
Revenue	90 000	0	0	31 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	134 000	0	0
Impairment	0	0	0	0
Expenditure	505 000	276 000	117 000	217 000
Operating Profit	−415 000	−276 000	−117 000	−186 000
Financial Income	9 340 000	4 087 000	22 784 000	2 900 000
Financial Costs	1 999 000	291 000	90 000	0
Financial Balance	7 341 000	3 796 000	22 694 000	2 900 000
Dividends	0	0	0	0
Net Income	6 879 000	3 491 000	22 468 000	2 714 000

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	784 000	1 336 000	0	0
Total Tangible Assets	784 000	1 336 000	0	0
Total Fiancial Fixed Assets	8 451 000	3 735 000	3 095 000	3 095 000
Total Fixed Assets	9 235 000	5 071 000	3 095 000	3 095 000
Stock	0	0	0	0
Total Investments	12 248 000	11 126 000	6 306 000	0
Cash, Bank	10 229 000	11 673 000	16 832 000	1 729 000
Total Current Assets	22 491 000	22 800 000	23 380 000	1 739 000
Total Assets	31 726 000	27 871 000	26 475 000	4 834 000
Total Equity	31 728 000	26 813 000	26 372 000	4 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	409 000	0	0
Creditors	−2 000	0	0	0
Unpaid Taxes	0	0	0	−3 000
Dividends	0	0	0	0
Other Current Debt	0	649 000	−1 000	8 000
Total Current Debt	−2 000	649 000	103 000	4 000
Total Equity and Debt	31 726 000	27 871 000	26 475 000	4 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,68 %	13,02 %	85,2 %	56,2 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	−461,11 %	-	-	−600 %
Current Ratio	−11 245,5	35,13	226,99	434,75
Quick Ratio	−11 245,5	35,13	226,99	434,75
Equity Ratio	1	0,96	1	1
Gross Profit Margin	100 %	-	-	100 %