TID FOR FORNYELSE AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

−34,29 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	300 000	359 000	307 000	307 000
Net Income	12 000	1 000	60 000	−204 000
Total Assets	122 000	90 000	60 000	46 000
Total Equity	−35 000	−47 000	−48 000	−108 000

Income (NOK)	2021	2020	2019	2018
Revenue	300 000	359 000	307 000	307 000
Expenditure	288 000	350 000	230 000	507 000
Operating Profit	13 000	8 000	77 000	−200 000
Financial Income	0	0	0	0
Financial Costs	1 000	7 000	18 000	6 000
Financial Balance	−1 000	−7 000	−18 000	−6 000
Earnings Before Tax	12 000	1 000	60 000	−206 000
Tax	0	0	0	−2 000
Net Income	12 000	1 000	60 000	−204 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	32 000	0	0	38 000
Total Current Assets	90 000	90 000	60 000	8 000
Total Assets	122 000	90 000	60 000	46 000
Total Retained Equity	−65 000	−77 000	−78 000	−138 000
Total Equity	−35 000	−47 000	−48 000	−108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	157 000	137 000	108 000	153 000
Total Equity and Debt	122 000	90 000	60 000	46 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	300 000	359 000	307 000	307 000
Other Income	0	0	0	0
Revenue	300 000	359 000	307 000	307 000
Cost of Goods Sold	0	0	0	0
Salary Costs	172 000	294 000	155 000	438 000
Depreciation	3 000	0	0	10 000
Impairment	0	0	0	0
Expenditure	288 000	350 000	230 000	507 000
Operating Profit	13 000	8 000	77 000	−200 000
Financial Income	0	0	0	0
Financial Costs	1 000	7 000	18 000	6 000
Financial Balance	−1 000	−7 000	−18 000	−6 000
Dividends	0	0	0	0
Net Income	12 000	1 000	60 000	−204 000

Balance details (NOK)	2021	2020	2019	2018
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	32 000	0	0	38 000
Total Tangible Assets	32 000	0	0	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	16 000	1 000	0
Total Current Assets	90 000	90 000	60 000	8 000
Total Assets	122 000	90 000	60 000	46 000
Total Equity	−35 000	−47 000	−48 000	−108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	6 000	4 000	−2 000
Unpaid Taxes	41 000	51 000	32 000	39 000
Dividends	0	0	0	0
Other Current Debt	107 000	79 000	71 000	117 000
Total Current Debt	157 000	137 000	108 000	153 000
Total Equity and Debt	122 000	90 000	60 000	46 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−34,29 %	−2,13 %	−125 %	188,89 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	4,33 %	2,23 %	25,08 %	−65,15 %
Current Ratio	0,57	0,66	0,56	0,05
Quick Ratio	0,57	0,66	0,56	0,05
Equity Ratio	−0,29	−0,52	−0,8	−2,35
Gross Profit Margin	100 %	100 %	100 %	100 %