TARGS AS

4329 SANDNES

Finances

Share Ownership

Return on Equity

74,94 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	934 000	938 000	318 000	784 000
Net Income	610 000	664 000	172 000	533 000
Total Assets	1 269 000	1 155 000	1 646 000	1 672 000
Total Equity	814 000	703 000	1 480 000	1 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	934 000	938 000	318 000	784 000
Expenditure	156 000	87 000	98 000	101 000
Operating Profit	777 000	851 000	220 000	684 000
Financial Income	5 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	5 000	0	0	1 000
Earnings Before Tax	783 000	851 000	220 000	684 000
Tax	172 000	187 000	48 000	151 000
Net Income	610 000	664 000	172 000	533 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 269 000	1 155 000	1 646 000	1 672 000
Total Assets	1 269 000	1 155 000	1 646 000	1 672 000
Total Retained Equity	784 000	673 000	1 450 000	1 278 000
Total Equity	814 000	703 000	1 480 000	1 308 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	455 000	452 000	166 000	364 000
Total Equity and Debt	1 269 000	1 155 000	1 646 000	1 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	934 000	938 000	318 000	784 000
Other Income	0	0	0	0
Revenue	934 000	938 000	318 000	784 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	3 000	1 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	156 000	87 000	98 000	101 000
Operating Profit	777 000	851 000	220 000	684 000
Financial Income	5 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	5 000	0	0	1 000
Dividends	500 000	1 440 000	0	0
Net Income	610 000	664 000	172 000	533 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 203 000	1 060 000	1 644 000	1 600 000
Total Current Assets	1 269 000	1 155 000	1 646 000	1 672 000
Total Assets	1 269 000	1 155 000	1 646 000	1 672 000
Total Equity	814 000	703 000	1 480 000	1 308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	14 000	6 000	0
Unpaid Taxes	220 000	227 000	68 000	187 000
Dividends	500 000	1 440 000	0	0
Other Current Debt	47 000	23 000	43 000	26 000
Total Current Debt	455 000	452 000	166 000	364 000
Total Equity and Debt	1 269 000	1 155 000	1 646 000	1 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,94 %	94,45 %	11,62 %	40,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,19 %	90,72 %	69,18 %	87,24 %
Current Ratio	2,79	2,56	9,92	4,59
Quick Ratio	2,79	2,56	9,92	4,59
Equity Ratio	0,64	0,61	0,9	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %