TSI NORWAY LTD

1543 VESTBY

Finances

Share Ownership

Return on Equity

100,41 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 256 000	3 670 000	3 890 000	3 977 000
Net Income	492 000	−342 000	305 000	60 000
Total Assets	1 004 000	513 000	1 007 000	586 000
Total Equity	490 000	−2 000	340 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 256 000	3 670 000	3 890 000	3 977 000
Expenditure	3 671 000	4 015 000	3 469 000	3 866 000
Operating Profit	586 000	−345 000	421 000	112 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	586 000	−345 000	421 000	112 000
Tax	94 000	−3 000	116 000	52 000
Net Income	492 000	−342 000	305 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	51 000	44 000	0
Total Current Assets	970 000	462 000	963 000	586 000
Total Assets	1 004 000	513 000	1 007 000	586 000
Total Retained Equity	490 000	−2 000	340 000	35 000
Total Equity	490 000	−2 000	340 000	35 000
Total Long-Term Debt	1 000	0	3 000	1 000
Total Current Debt	513 000	516 000	665 000	550 000
Total Equity and Debt	1 004 000	513 000	1 007 000	586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 256 000	4 107 000	3 453 000	3 977 000
Other Income	0	−437 000	437 000	0
Revenue	4 256 000	3 670 000	3 890 000	3 977 000
Cost of Goods Sold	0	0	0	31 000
Salary Costs	3 000 000	3 445 000	2 903 000	3 115 000
Depreciation	17 000	18 000	3 000	0
Impairment	0	0	0	0
Expenditure	3 671 000	4 015 000	3 469 000	3 866 000
Operating Profit	586 000	−345 000	421 000	112 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	492 000	−342 000	305 000	60 000

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	34 000	51 000	44 000	0
Total Tangible Assets	34 000	51 000	44 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	51 000	44 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	874 000	242 000	151 000	134 000
Total Current Assets	970 000	462 000	963 000	586 000
Total Assets	1 004 000	513 000	1 007 000	586 000
Total Equity	490 000	−2 000	340 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	3 000	1 000
Creditors	13 000	12 000	96 000	9 000
Unpaid Taxes	181 000	233 000	213 000	245 000
Dividends	0	0	0	0
Other Current Debt	227 000	271 000	241 000	255 000
Total Current Debt	513 000	516 000	665 000	550 000
Total Equity and Debt	1 004 000	513 000	1 007 000	586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,41 %	17 100 %	89,71 %	171,43 %
Debt-to-Equity Ratio	0	−0	0,01	0,03
Operating Profit Margin	13,77 %	−9,4 %	10,82 %	2,82 %
Current Ratio	1,89	0,9	1,45	1,07
Quick Ratio	1,89	0,9	1,45	1,07
Equity Ratio	0,49	−0	0,34	0,06
Gross Profit Margin	100 %	100 %	100 %	99,22 %