TT BEACH AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

495,26 %

Current Ratio

0,98

Debt-to-Equity Ratio

−2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 964 000	7 167 000	5 014 000	5 813 000
Net Income	−1 778 000	−371 000	224 000	91 000
Total Assets	1 139 000	1 864 000	1 797 000	1 525 000
Total Equity	−359 000	319 000	690 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 964 000	7 167 000	5 014 000	5 813 000
Expenditure	6 584 000	7 577 000	4 698 000	5 667 000
Operating Profit	−1 619 000	−411 000	317 000	147 000
Financial Income	0	0	0	1 000
Financial Costs	64 000	55 000	29 000	26 000
Financial Balance	−64 000	−55 000	−29 000	−25 000
Earnings Before Tax	−1 683 000	−466 000	288 000	121 000
Tax	95 000	−95 000	65 000	30 000
Net Income	−1 778 000	−371 000	224 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	563 000	837 000	872 000
Total Current Assets	742 000	1 301 000	960 000	653 000
Total Assets	1 139 000	1 864 000	1 797 000	1 525 000
Total Retained Equity	−1 483 000	295 000	666 000	442 000
Total Equity	−359 000	319 000	690 000	467 000
Total Long-Term Debt	738 000	931 000	500 000	2 000
Total Current Debt	760 000	613 000	606 000	1 056 000
Total Equity and Debt	1 139 000	1 864 000	1 797 000	1 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 722 000	6 934 000	4 642 000	5 839 000
Other Income	242 000	233 000	372 000	−26 000
Revenue	4 964 000	7 167 000	5 014 000	5 813 000
Cost of Goods Sold	1 525 000	2 199 000	1 539 000	1 906 000
Salary Costs	2 273 000	3 223 000	1 718 000	2 138 000
Depreciation	125 000	90 000	40 000	33 000
Impairment	0	0	0	0
Expenditure	6 584 000	7 577 000	4 698 000	5 667 000
Operating Profit	−1 619 000	−411 000	317 000	147 000
Financial Income	0	0	0	1 000
Financial Costs	64 000	55 000	29 000	26 000
Financial Balance	−64 000	−55 000	−29 000	−25 000
Dividends	0	0	0	0
Net Income	−1 778 000	−371 000	224 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	95 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	397 000	462 000	111 000	151 000
Total Tangible Assets	397 000	462 000	111 000	151 000
Total Fiancial Fixed Assets	0	5 000	725 000	721 000
Total Fixed Assets	397 000	563 000	837 000	872 000
Stock	55 000	81 000	79 000	66 000
Total Investments	0	0	0	0
Cash, Bank	463 000	992 000	326 000	490 000
Total Current Assets	742 000	1 301 000	960 000	653 000
Total Assets	1 139 000	1 864 000	1 797 000	1 525 000
Total Equity	−359 000	319 000	690 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	738 000	931 000	500 000	2 000
Creditors	162 000	54 000	188 000	427 000
Unpaid Taxes	420 000	103 000	56 000	261 000
Dividends	0	0	0	0
Other Current Debt	178 000	456 000	295 000	339 000
Total Current Debt	760 000	613 000	606 000	1 056 000
Total Equity and Debt	1 139 000	1 864 000	1 797 000	1 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	495,26 %	−116,3 %	32,46 %	19,49 %
Debt-to-Equity Ratio	−2,06	2,92	0,72	0
Operating Profit Margin	−32,61 %	−5,73 %	6,32 %	2,53 %
Current Ratio	0,98	2,12	1,58	0,62
Quick Ratio	1,05	2,45	1,82	0,66
Equity Ratio	−0,32	0,17	0,38	0,31
Gross Profit Margin	69,28 %	69,32 %	69,31 %	67,21 %