TUNGLAND AS

4120 TAU

Finances

Share Ownership

Return on Equity

48,82 %

Current Ratio

2,49

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 317 000	5 384 000	3 251 000	2 118 000
Net Income	623 000	254 000	153 000	−44 000
Total Assets	5 420 000	2 168 000	1 458 000	960 000
Total Equity	1 276 000	740 000	486 000	333 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 317 000	5 384 000	3 251 000	2 118 000
Expenditure	6 500 000	5 024 000	3 016 000	2 147 000
Operating Profit	817 000	358 000	234 000	−29 000
Financial Income	3 000	0	−1 000	1 000
Financial Costs	21 000	30 000	36 000	28 000
Financial Balance	−18 000	−30 000	−37 000	−27 000
Earnings Before Tax	799 000	328 000	196 000	−56 000
Tax	176 000	75 000	43 000	−12 000
Net Income	623 000	254 000	153 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	486 000	527 000	711 000
Total Current Assets	4 988 000	1 682 000	931 000	248 000
Total Assets	5 420 000	2 168 000	1 458 000	960 000
Total Retained Equity	1 246 000	710 000	456 000	303 000
Total Equity	1 276 000	740 000	486 000	333 000
Total Long-Term Debt	2 142 000	143 000	212 000	229 000
Total Current Debt	2 001 000	1 285 000	760 000	397 000
Total Equity and Debt	5 420 000	2 168 000	1 458 000	960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 316 000	5 384 000	3 222 000	2 013 000
Other Income	1 000	0	29 000	105 000
Revenue	7 317 000	5 384 000	3 251 000	2 118 000
Cost of Goods Sold	2 880 000	2 639 000	1 421 000	1 176 000
Salary Costs	1 635 000	1 037 000	476 000	176 000
Depreciation	213 000	161 000	146 000	133 000
Impairment	0	0	0	0
Expenditure	6 500 000	5 024 000	3 016 000	2 147 000
Operating Profit	817 000	358 000	234 000	−29 000
Financial Income	3 000	0	−1 000	1 000
Financial Costs	21 000	30 000	36 000	28 000
Financial Balance	−18 000	−30 000	−37 000	−27 000
Dividends	0	0	0	0
Net Income	623 000	254 000	153 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	39 000	1 000
Machinery and Plant Facilities	0	3 000	12 000	23 000
Fixtures	334 000	483 000	476 000	687 000
Total Tangible Assets	432 000	486 000	527 000	711 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	432 000	486 000	527 000	711 000
Stock	1 393 000	720 000	444 000	83 000
Total Investments	0	0	0	0
Cash, Bank	50 000	45 000	21 000	−259 000
Total Current Assets	4 988 000	1 682 000	931 000	248 000
Total Assets	5 420 000	2 168 000	1 458 000	960 000
Total Equity	1 276 000	740 000	486 000	333 000
Short-Term Group Debt	111 000	0	0	0
Total Long-Term Debt	2 142 000	143 000	212 000	229 000
Creditors	902 000	404 000	340 000	343 000
Unpaid Taxes	311 000	262 000	76 000	37 000
Dividends	0	0	0	0
Other Current Debt	465 000	387 000	245 000	17 000
Total Current Debt	2 001 000	1 285 000	760 000	397 000
Total Equity and Debt	5 420 000	2 168 000	1 458 000	960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,82 %	34,32 %	31,48 %	−13,21 %
Debt-to-Equity Ratio	1,68	0,19	0,44	0,69
Operating Profit Margin	11,17 %	6,65 %	7,2 %	−1,37 %
Current Ratio	2,49	1,31	1,23	0,62
Quick Ratio	8,2	2,98	2,95	0,79
Equity Ratio	0,24	0,34	0,33	0,35
Gross Profit Margin	60,64 %	50,98 %	56,29 %	44,48 %