TN VARMETEKNIKK AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

46,74 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 049 000	22 132 000	15 865 000	13 608 000
Net Income	1 525 000	664 000	510 000	898 000
Total Assets	12 689 000	10 226 000	6 959 000	4 152 000
Total Equity	3 263 000	2 238 000	1 652 000	1 562 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 049 000	22 132 000	15 865 000	13 608 000
Expenditure	27 974 000	21 221 000	15 179 000	12 439 000
Operating Profit	2 076 000	911 000	686 000	1 170 000
Financial Income	27 000	20 000	2 000	1 000
Financial Costs	120 000	79 000	35 000	4 000
Financial Balance	−93 000	−59 000	−33 000	−3 000
Earnings Before Tax	1 983 000	852 000	653 000	1 168 000
Tax	458 000	188 000	143 000	269 000
Net Income	1 525 000	664 000	510 000	898 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 588 000	2 992 000	1 520 000	239 000
Total Current Assets	10 101 000	7 234 000	5 439 000	3 912 000
Total Assets	12 689 000	10 226 000	6 959 000	4 152 000
Total Retained Equity	3 063 000	2 038 000	1 452 000	1 362 000
Total Equity	3 263 000	2 238 000	1 652 000	1 562 000
Total Long-Term Debt	2 444 000	2 934 000	1 475 000	108 000
Total Current Debt	6 982 000	5 055 000	3 833 000	2 482 000
Total Equity and Debt	12 689 000	10 226 000	6 959 000	4 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 049 000	22 054 000	15 865 000	13 608 000
Other Income	0	78 000	0	0
Revenue	30 049 000	22 132 000	15 865 000	13 608 000
Cost of Goods Sold	15 234 000	9 739 000	8 584 000	7 100 000
Salary Costs	8 447 000	7 464 000	4 208 000	3 218 000
Depreciation	830 000	559 000	218 000	48 000
Impairment	0	0	0	0
Expenditure	27 974 000	21 221 000	15 179 000	12 439 000
Operating Profit	2 076 000	911 000	686 000	1 170 000
Financial Income	27 000	20 000	2 000	1 000
Financial Costs	120 000	79 000	35 000	4 000
Financial Balance	−93 000	−59 000	−33 000	−3 000
Dividends	0	0	420 000	0
Net Income	1 525 000	664 000	510 000	898 000

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	2 588 000	2 992 000	1 520 000	239 000
Total Tangible Assets	2 588 000	2 992 000	1 520 000	239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 588 000	2 992 000	1 520 000	239 000
Stock	980 000	716 000	698 000	882 000
Total Investments	0	0	0	0
Cash, Bank	4 252 000	1 911 000	1 469 000	1 558 000
Total Current Assets	10 101 000	7 234 000	5 439 000	3 912 000
Total Assets	12 689 000	10 226 000	6 959 000	4 152 000
Total Equity	3 263 000	2 238 000	1 652 000	1 562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 444 000	2 934 000	1 475 000	108 000
Creditors	3 002 000	2 593 000	1 795 000	880 000
Unpaid Taxes	1 767 000	1 404 000	1 062 000	696 000
Dividends	0	0	420 000	0
Other Current Debt	1 708 000	885 000	887 000	677 000
Total Current Debt	6 982 000	5 055 000	3 833 000	2 482 000
Total Equity and Debt	12 689 000	10 226 000	6 959 000	4 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,74 %	29,67 %	30,87 %	57,49 %
Debt-to-Equity Ratio	0,75	1,31	0,89	0,07
Operating Profit Margin	6,91 %	4,12 %	4,32 %	8,6 %
Current Ratio	1,45	1,43	1,42	1,58
Quick Ratio	1,68	1,67	1,73	2,45
Equity Ratio	0,26	0,22	0,24	0,38
Gross Profit Margin	49,3 %	56 %	45,89 %	47,82 %