TT MALERSERVICE AS

4706 VENNESLA

Finances

Share Ownership

Return on Equity

−380 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 184 000	1 679 000	954 000	295 000
Net Income	171 000	396 000	−628 000	15 000
Total Assets	249 000	140 000	202 000	262 000
Total Equity	−45 000	−216 000	−613 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 184 000	1 679 000	954 000	295 000
Expenditure	1 010 000	1 275 000	1 567 000	280 000
Operating Profit	174 000	404 000	−613 000	16 000
Financial Income	1 000	0	5 000	0
Financial Costs	4 000	8 000	20 000	1 000
Financial Balance	−3 000	−8 000	−15 000	−1 000
Earnings Before Tax	171 000	396 000	−628 000	15 000
Tax	0	0	0	0
Net Income	171 000	396 000	−628 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	94 000	123 000	25 000
Total Current Assets	144 000	46 000	79 000	237 000
Total Assets	249 000	140 000	202 000	262 000
Total Retained Equity	−115 000	−286 000	−683 000	−54 000
Total Equity	−45 000	−216 000	−613 000	16 000
Total Long-Term Debt	0	0	517 000	0
Total Current Debt	294 000	356 000	298 000	246 000
Total Equity and Debt	249 000	140 000	202 000	262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 073 000	1 338 000	729 000	295 000
Other Income	110 000	341 000	226 000	0
Revenue	1 184 000	1 679 000	954 000	295 000
Cost of Goods Sold	6 000	28 000	35 000	7 000
Salary Costs	673 000	525 000	230 000	81 000
Depreciation	26 000	29 000	25 000	3 000
Impairment	0	0	0	0
Expenditure	1 010 000	1 275 000	1 567 000	280 000
Operating Profit	174 000	404 000	−613 000	16 000
Financial Income	1 000	0	5 000	0
Financial Costs	4 000	8 000	20 000	1 000
Financial Balance	−3 000	−8 000	−15 000	−1 000
Dividends	0	0	0	0
Net Income	171 000	396 000	−628 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	81 000	109 000	25 000
Total Tangible Assets	105 000	81 000	109 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	105 000	94 000	123 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	30 000	22 000	237 000
Total Current Assets	144 000	46 000	79 000	237 000
Total Assets	249 000	140 000	202 000	262 000
Total Equity	−45 000	−216 000	−613 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	517 000	0
Creditors	14 000	127 000	16 000	3 000
Unpaid Taxes	123 000	61 000	49 000	43 000
Dividends	0	0	0	0
Other Current Debt	158 000	168 000	234 000	200 000
Total Current Debt	294 000	356 000	298 000	246 000
Total Equity and Debt	249 000	140 000	202 000	262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−380 %	−183,33 %	102,45 %	93,75 %
Debt-to-Equity Ratio	−0	−0	−0,84	0
Operating Profit Margin	14,7 %	24,06 %	−64,26 %	5,42 %
Current Ratio	0,49	0,13	0,27	0,96
Quick Ratio	0,49	0,13	0,27	0,96
Equity Ratio	−0,18	−1,54	−3,03	0,06
Gross Profit Margin	99,49 %	98,33 %	96,33 %	97,63 %