TANK DESIGN TRONDHEIM AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

84,58 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 668 000	5 005 000	3 728 000	2 934 000
Net Income	576 000	976 000	695 000	75 000
Total Assets	2 219 000	2 687 000	2 670 000	1 281 000
Total Equity	681 000	681 000	538 000	−157 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 668 000	5 005 000	3 728 000	2 934 000
Expenditure	4 931 000	3 824 000	2 885 000	2 846 000
Operating Profit	736 000	1 180 000	843 000	88 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	27 000	14 000
Financial Balance	−2 000	0	−27 000	−14 000
Earnings Before Tax	734 000	1 180 000	816 000	75 000
Tax	158 000	205 000	121 000	0
Net Income	576 000	976 000	695 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	33 000	28 000	14 000
Total Current Assets	2 186 000	2 654 000	2 642 000	1 267 000
Total Assets	2 219 000	2 687 000	2 670 000	1 281 000
Total Retained Equity	281 000	281 000	138 000	−557 000
Total Equity	681 000	681 000	538 000	−157 000
Total Long-Term Debt	0	0	911 000	884 000
Total Current Debt	1 538 000	2 006 000	1 220 000	554 000
Total Equity and Debt	2 219 000	2 687 000	2 670 000	1 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 642 000	4 743 000	4 016 000	2 934 000
Other Income	26 000	262 000	−288 000	0
Revenue	5 668 000	5 005 000	3 728 000	2 934 000
Cost of Goods Sold	1 545 000	851 000	738 000	365 000
Salary Costs	2 808 000	2 550 000	1 686 000	2 100 000
Depreciation	27 000	21 000	14 000	10 000
Impairment	0	0	0	0
Expenditure	4 931 000	3 824 000	2 885 000	2 846 000
Operating Profit	736 000	1 180 000	843 000	88 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	27 000	14 000
Financial Balance	−2 000	0	−27 000	−14 000
Dividends	576 000	833 000	0	0
Net Income	576 000	976 000	695 000	75 000

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	33 000	33 000	28 000	14 000
Total Tangible Assets	33 000	33 000	28 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	33 000	28 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 274 000	2 071 000	1 727 000	1 034 000
Total Current Assets	2 186 000	2 654 000	2 642 000	1 267 000
Total Assets	2 219 000	2 687 000	2 670 000	1 281 000
Total Equity	681 000	681 000	538 000	−157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	911 000	884 000
Creditors	193 000	254 000	198 000	133 000
Unpaid Taxes	333 000	414 000	366 000	239 000
Dividends	576 000	833 000	0	0
Other Current Debt	277 000	300 000	536 000	181 000
Total Current Debt	1 538 000	2 006 000	1 220 000	554 000
Total Equity and Debt	2 219 000	2 687 000	2 670 000	1 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,58 %	143,32 %	129,18 %	−47,77 %
Debt-to-Equity Ratio	0	0	1,69	−5,63
Operating Profit Margin	12,99 %	23,58 %	22,61 %	3 %
Current Ratio	1,42	1,32	2,17	2,29
Quick Ratio	1,42	1,32	2,17	2,29
Equity Ratio	0,31	0,25	0,2	−0,12
Gross Profit Margin	72,74 %	83 %	80,2 %	87,56 %