TUNGLAND MASKIN AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

33,33 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 726 000	1 612 000	1 146 000	1 516 000
Net Income	266 000	157 000	−51 000	165 000
Total Assets	1 363 000	999 000	748 000	724 000
Total Equity	798 000	532 000	375 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 726 000	1 612 000	1 146 000	1 516 000
Expenditure	2 388 000	1 408 000	1 212 000	1 304 000
Operating Profit	338 000	204 000	−66 000	211 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	1 000	0
Earnings Before Tax	338 000	203 000	−65 000	212 000
Tax	73 000	46 000	−14 000	47 000
Net Income	266 000	157 000	−51 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	434 000	315 000	164 000	214 000
Total Current Assets	929 000	684 000	584 000	510 000
Total Assets	1 363 000	999 000	748 000	724 000
Total Retained Equity	698 000	432 000	275 000	326 000
Total Equity	798 000	532 000	375 000	426 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	562 000	467 000	373 000	298 000
Total Equity and Debt	1 363 000	999 000	748 000	724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 726 000	1 612 000	1 146 000	1 516 000
Other Income	0	0	0	0
Revenue	2 726 000	1 612 000	1 146 000	1 516 000
Cost of Goods Sold	492 000	247 000	240 000	259 000
Salary Costs	0	0	0	0
Depreciation	77 000	53 000	20 000	18 000
Impairment	0	0	0	0
Expenditure	2 388 000	1 408 000	1 212 000	1 304 000
Operating Profit	338 000	204 000	−66 000	211 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	1 000	0
Dividends	0	0	0	0
Net Income	266 000	157 000	−51 000	165 000

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	392 000	243 000	62 000	82 000
Fixtures	0	0	0	0
Total Tangible Assets	392 000	243 000	62 000	82 000
Total Fiancial Fixed Assets	43 000	73 000	103 000	133 000
Total Fixed Assets	434 000	315 000	164 000	214 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	639 000	492 000	449 000	257 000
Total Current Assets	929 000	684 000	584 000	510 000
Total Assets	1 363 000	999 000	748 000	724 000
Total Equity	798 000	532 000	375 000	426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	198 000	126 000	278 000	157 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	295 000	295 000	95 000	95 000
Total Current Debt	562 000	467 000	373 000	298 000
Total Equity and Debt	1 363 000	999 000	748 000	724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,33 %	29,51 %	−13,6 %	38,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,4 %	12,66 %	−5,76 %	13,92 %
Current Ratio	1,65	1,46	1,57	1,71
Quick Ratio	1,65	1,46	1,57	1,71
Equity Ratio	0,59	0,53	0,5	0,59
Gross Profit Margin	81,95 %	84,68 %	79,06 %	82,92 %