TGN AS

1434 ÅS

Finances

Return on Equity

−43,9 %

Current Ratio

2,65

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 733 000	1 995 000	553 000	63 000
Net Income	−414 000	−1 094 000	480 000	−116 000
Total Assets	1 300 000	1 964 000	2 678 000	2 120 000
Total Equity	943 000	1 430 000	2 524 000	2 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 733 000	1 995 000	553 000	63 000
Expenditure	1 554 000	1 331 000	141 000	226 000
Operating Profit	179 000	665 000	412 000	−163 000
Financial Income	12 000	14 000	69 000	266 000
Financial Costs	601 000	1 628 000	2 000	218 000
Financial Balance	−589 000	−1 614 000	67 000	48 000
Earnings Before Tax	−409 000	−949 000	480 000	−116 000
Tax	5 000	145 000	0	0
Net Income	−414 000	−1 094 000	480 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	337 000	454 000	308 000	1 697 000
Total Current Assets	963 000	1 510 000	2 369 000	423 000
Total Assets	1 300 000	1 964 000	2 678 000	2 120 000
Total Retained Equity	913 000	1 400 000	2 494 000	2 014 000
Total Equity	943 000	1 430 000	2 524 000	2 044 000
Total Long-Term Debt	−7 000	102 000	128 000	55 000
Total Current Debt	364 000	433 000	26 000	22 000
Total Equity and Debt	1 300 000	1 964 000	2 678 000	2 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 733 000	1 991 000	13 000	63 000
Other Income	0	5 000	540 000	0
Revenue	1 733 000	1 995 000	553 000	63 000
Cost of Goods Sold	27 000	2 000	1 000	0
Salary Costs	1 184 000	1 028 000	6 000	71 000
Depreciation	49 000	48 000	53 000	0
Impairment	0	0	0	0
Expenditure	1 554 000	1 331 000	141 000	226 000
Operating Profit	179 000	665 000	412 000	−163 000
Financial Income	12 000	14 000	69 000	266 000
Financial Costs	601 000	1 628 000	2 000	218 000
Financial Balance	−589 000	−1 614 000	67 000	48 000
Dividends	73 000	0	0	0
Net Income	−414 000	−1 094 000	480 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	51 000	57 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	170 000	212 000	0
Total Tangible Assets	178 000	226 000	212 000	0
Total Fiancial Fixed Assets	157 000	228 000	96 000	1 697 000
Total Fixed Assets	337 000	454 000	308 000	1 697 000
Stock	0	0	0	0
Total Investments	515 000	986 000	1 858 000	0
Cash, Bank	152 000	101 000	−30 000	423 000
Total Current Assets	963 000	1 510 000	2 369 000	423 000
Total Assets	1 300 000	1 964 000	2 678 000	2 120 000
Total Equity	943 000	1 430 000	2 524 000	2 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−7 000	102 000	128 000	55 000
Creditors	35 000	7 000	3 000	0
Unpaid Taxes	138 000	172 000	4 000	3 000
Dividends	73 000	0	0	0
Other Current Debt	113 000	109 000	19 000	19 000
Total Current Debt	364 000	433 000	26 000	22 000
Total Equity and Debt	1 300 000	1 964 000	2 678 000	2 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,9 %	−76,5 %	19,02 %	−5,68 %
Debt-to-Equity Ratio	−0,01	0,07	0,05	0,03
Operating Profit Margin	10,33 %	33,33 %	74,5 %	−258,73 %
Current Ratio	2,65	3,49	91,12	19,23
Quick Ratio	2,65	3,49	91,12	19,23
Equity Ratio	0,73	0,73	0,94	0,96
Gross Profit Margin	98,44 %	99,9 %	99,82 %	100 %