TM SPORTS TECHNOLOGIES AS

2006 LØVENSTAD

Finances

Share Ownership

Return on Equity

−128,42 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 079 000	1 823 000	2 158 000	1 825 000
Net Income	−244 000	221 000	132 000	−2 000
Total Assets	314 000	587 000	498 000	194 000
Total Equity	190 000	433 000	212 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 079 000	1 823 000	2 158 000	1 825 000
Expenditure	1 326 000	1 522 000	1 989 000	1 827 000
Operating Profit	−247 000	301 000	170 000	−2 000
Financial Income	0	−1 000	0	0
Financial Costs	−3 000	17 000	6 000	0
Financial Balance	3 000	−18 000	−6 000	0
Earnings Before Tax	−244 000	283 000	164 000	−2 000
Tax	0	62 000	32 000	0
Net Income	−244 000	221 000	132 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	314 000	587 000	498 000	194 000
Total Assets	314 000	587 000	498 000	194 000
Total Retained Equity	333 000	333 000	0	−20 000
Total Equity	190 000	433 000	212 000	80 000
Total Long-Term Debt	0	3 000	3 000	0
Total Current Debt	124 000	151 000	283 000	114 000
Total Equity and Debt	314 000	587 000	498 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 079 000	1 823 000	2 154 000	1 825 000
Other Income	0	0	4 000	0
Revenue	1 079 000	1 823 000	2 158 000	1 825 000
Cost of Goods Sold	0	0	0	0
Salary Costs	570 000	118 000	885 000	586 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 326 000	1 522 000	1 989 000	1 827 000
Operating Profit	−247 000	301 000	170 000	−2 000
Financial Income	0	−1 000	0	0
Financial Costs	−3 000	17 000	6 000	0
Financial Balance	3 000	−18 000	−6 000	0
Dividends	0	0	0	0
Net Income	−244 000	221 000	132 000	−2 000

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	235 000	494 000	267 000	153 000
Total Current Assets	314 000	587 000	498 000	194 000
Total Assets	314 000	587 000	498 000	194 000
Total Equity	190 000	433 000	212 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	3 000	0
Creditors	9 000	3 000	29 000	−4 000
Unpaid Taxes	0	6 000	154 000	67 000
Dividends	0	0	0	0
Other Current Debt	115 000	80 000	68 000	51 000
Total Current Debt	124 000	151 000	283 000	114 000
Total Equity and Debt	314 000	587 000	498 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,42 %	51,04 %	62,26 %	−2,5 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	−22,89 %	16,51 %	7,88 %	−0,11 %
Current Ratio	2,53	3,89	1,76	1,7
Quick Ratio	2,53	3,89	1,76	1,7
Equity Ratio	0,61	0,74	0,43	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %