TIND OF NORWAY AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

45,6 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 285 000	4 359 000	3 049 000	1 674 000
Net Income	233 000	−455 000	202 000	−359 000
Total Assets	2 529 000	2 259 000	2 369 000	1 974 000
Total Equity	511 000	278 000	732 000	531 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 285 000	4 359 000	3 049 000	1 674 000
Expenditure	2 018 000	4 772 000	2 731 000	1 990 000
Operating Profit	267 000	−413 000	317 000	−315 000
Financial Income	0	0	1 000	1 000
Financial Costs	33 000	42 000	116 000	44 000
Financial Balance	−33 000	−42 000	−115 000	−43 000
Earnings Before Tax	233 000	−455 000	202 000	−359 000
Tax	0	0	0	0
Net Income	233 000	−455 000	202 000	−359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	381 000	263 000	0	0
Total Current Assets	2 148 000	1 996 000	2 369 000	1 974 000
Total Assets	2 529 000	2 259 000	2 369 000	1 974 000
Total Retained Equity	−489 000	−722 000	−268 000	−469 000
Total Equity	511 000	278 000	732 000	531 000
Total Long-Term Debt	480 000	667 000	867 000	900 000
Total Current Debt	1 539 000	1 315 000	770 000	543 000
Total Equity and Debt	2 529 000	2 259 000	2 369 000	1 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 285 000	4 359 000	3 049 000	1 674 000
Other Income	0	0	0	0
Revenue	2 285 000	4 359 000	3 049 000	1 674 000
Cost of Goods Sold	575 000	625 000	434 000	762 000
Salary Costs	118 000	1 261 000	359 000	550 000
Depreciation	0	0	0	8 000
Impairment	0	0	0	0
Expenditure	2 018 000	4 772 000	2 731 000	1 990 000
Operating Profit	267 000	−413 000	317 000	−315 000
Financial Income	0	0	1 000	1 000
Financial Costs	33 000	42 000	116 000	44 000
Financial Balance	−33 000	−42 000	−115 000	−43 000
Dividends	0	0	0	0
Net Income	233 000	−455 000	202 000	−359 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	381 000	263 000	0	0
Total Fixed Assets	381 000	263 000	0	0
Stock	1 712 000	1 829 000	1 634 000	1 815 000
Total Investments	0	0	0	0
Cash, Bank	185 000	54 000	289 000	22 000
Total Current Assets	2 148 000	1 996 000	2 369 000	1 974 000
Total Assets	2 529 000	2 259 000	2 369 000	1 974 000
Total Equity	511 000	278 000	732 000	531 000
Short-Term Group Debt	444 000	444 000	0	0
Total Long-Term Debt	480 000	667 000	867 000	900 000
Creditors	177 000	142 000	393 000	310 000
Unpaid Taxes	157 000	62 000	214 000	88 000
Dividends	0	0	0	0
Other Current Debt	760 000	667 000	163 000	145 000
Total Current Debt	1 539 000	1 315 000	770 000	543 000
Total Equity and Debt	2 529 000	2 259 000	2 369 000	1 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,6 %	−163,67 %	27,6 %	−67,61 %
Debt-to-Equity Ratio	0,94	2,4	1,18	1,69
Operating Profit Margin	11,68 %	−9,47 %	10,4 %	−18,82 %
Current Ratio	1,4	1,52	3,08	3,64
Quick Ratio	−12,42	−3,88	−2,74	−1,55
Equity Ratio	0,2	0,12	0,31	0,27
Gross Profit Margin	74,84 %	85,66 %	85,77 %	54,48 %