TS ELEMENTER AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

58,01 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 005 000	25 636 000	31 159 000	31 830 000
Net Income	1 676 000	−2 555 000	1 119 000	493 000
Total Assets	8 924 000	10 648 000	14 115 000	11 129 000
Total Equity	2 889 000	1 077 000	2 583 000	1 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 005 000	25 636 000	31 159 000	31 830 000
Expenditure	31 894 000	27 898 000	30 433 000	28 710 000
Operating Profit	2 111 000	−2 262 000	727 000	3 120 000
Financial Income	17 000	17 000	0	0
Financial Costs	237 000	310 000	−1 067 000	2 684 000
Financial Balance	−220 000	−293 000	1 067 000	−2 684 000
Earnings Before Tax	1 891 000	−2 555 000	1 794 000	436 000
Tax	214 000	0	675 000	−57 000
Net Income	1 676 000	−2 555 000	1 119 000	493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 347 000	1 853 000	4 026 000	3 163 000
Total Current Assets	6 577 000	8 795 000	10 089 000	7 967 000
Total Assets	8 924 000	10 648 000	14 115 000	11 129 000
Total Retained Equity	−488 000	−1 707 000	848 000	−272 000
Total Equity	2 889 000	1 077 000	2 583 000	1 343 000
Total Long-Term Debt	526 000	957 000	59 000	59 000
Total Current Debt	5 509 000	8 613 000	11 473 000	9 727 000
Total Equity and Debt	8 924 000	10 648 000	14 115 000	11 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 005 000	25 622 000	31 159 000	31 784 000
Other Income	0	15 000	0	46 000
Revenue	34 005 000	25 636 000	31 159 000	31 830 000
Cost of Goods Sold	19 142 000	15 702 000	17 575 000	15 565 000
Salary Costs	9 343 000	8 235 000	9 660 000	9 605 000
Depreciation	158 000	178 000	175 000	136 000
Impairment	0	0	0	0
Expenditure	31 894 000	27 898 000	30 433 000	28 710 000
Operating Profit	2 111 000	−2 262 000	727 000	3 120 000
Financial Income	17 000	17 000	0	0
Financial Costs	237 000	310 000	−1 067 000	2 684 000
Financial Balance	−220 000	−293 000	1 067 000	−2 684 000
Dividends	0	0	0	0
Net Income	1 676 000	−2 555 000	1 119 000	493 000

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	364 000	346 000	435 000	609 000
Total Tangible Assets	364 000	346 000	435 000	609 000
Total Fiancial Fixed Assets	1 983 000	1 507 000	3 591 000	2 554 000
Total Fixed Assets	2 347 000	1 853 000	4 026 000	3 163 000
Stock	3 572 000	2 661 000	3 354 000	3 697 000
Total Investments	0	0	0	0
Cash, Bank	107 000	0	99 000	108 000
Total Current Assets	6 577 000	8 795 000	10 089 000	7 967 000
Total Assets	8 924 000	10 648 000	14 115 000	11 129 000
Total Equity	2 889 000	1 077 000	2 583 000	1 343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	526 000	957 000	59 000	59 000
Creditors	2 131 000	4 656 000	2 871 000	3 588 000
Unpaid Taxes	837 000	786 000	821 000	679 000
Dividends	0	0	0	0
Other Current Debt	1 685 000	946 000	4 176 000	1 347 000
Total Current Debt	5 509 000	8 613 000	11 473 000	9 727 000
Total Equity and Debt	8 924 000	10 648 000	14 115 000	11 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,01 %	−237,23 %	43,32 %	36,71 %
Debt-to-Equity Ratio	0,18	0,89	0,02	0,04
Operating Profit Margin	6,21 %	−8,82 %	2,33 %	9,8 %
Current Ratio	1,19	1,02	0,88	0,82
Quick Ratio	3,4	1,48	1,24	1,32
Equity Ratio	0,32	0,1	0,18	0,12
Gross Profit Margin	43,71 %	38,75 %	43,6 %	51,1 %