TIGMEK AS

6520 FREI

Finances

Share Ownership

Return on Equity

16,25 %

Current Ratio

3,18

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 338 000	32 751 000	33 759 000	35 904 000
Net Income	2 622 000	1 602 000	1 066 000	2 439 000
Total Assets	32 855 000	23 944 000	23 727 000	27 371 000
Total Equity	16 135 000	13 513 000	11 911 000	10 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 338 000	32 751 000	33 759 000	35 904 000
Expenditure	34 749 000	30 496 000	32 090 000	32 530 000
Operating Profit	3 589 000	2 256 000	1 670 000	3 373 000
Financial Income	32 000	12 000	49 000	84 000
Financial Costs	217 000	165 000	316 000	291 000
Financial Balance	−185 000	−153 000	−267 000	−207 000
Earnings Before Tax	3 404 000	2 103 000	1 403 000	3 166 000
Tax	782 000	501 000	337 000	727 000
Net Income	2 622 000	1 602 000	1 066 000	2 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 058 000	7 148 000	5 436 000	6 793 000
Total Current Assets	21 798 000	16 796 000	18 290 000	20 578 000
Total Assets	32 855 000	23 944 000	23 727 000	27 371 000
Total Retained Equity	15 142 000	12 520 000	10 918 000	9 852 000
Total Equity	16 135 000	13 513 000	11 911 000	10 844 000
Total Long-Term Debt	9 860 000	2 914 000	1 983 000	6 742 000
Total Current Debt	6 860 000	7 518 000	9 833 000	9 785 000
Total Equity and Debt	32 855 000	23 944 000	23 727 000	27 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 338 000	32 593 000	33 759 000	35 904 000
Other Income	1 000 000	158 000	0	0
Revenue	38 338 000	32 751 000	33 759 000	35 904 000
Cost of Goods Sold	11 361 000	8 787 000	9 828 000	9 101 000
Salary Costs	13 701 000	12 440 000	13 957 000	14 556 000
Depreciation	1 937 000	1 834 000	1 701 000	1 993 000
Impairment	0	0	0	0
Expenditure	34 749 000	30 496 000	32 090 000	32 530 000
Operating Profit	3 589 000	2 256 000	1 670 000	3 373 000
Financial Income	32 000	12 000	49 000	84 000
Financial Costs	217 000	165 000	316 000	291 000
Financial Balance	−185 000	−153 000	−267 000	−207 000
Dividends	0	0	0	0
Net Income	2 622 000	1 602 000	1 066 000	2 439 000

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	1 436 000	1 364 000	1 254 000	1 174 000
Fixtures	9 283 000	5 484 000	4 060 000	5 436 000
Total Tangible Assets	10 718 000	6 848 000	5 313 000	6 610 000
Total Fiancial Fixed Assets	339 000	300 000	123 000	183 000
Total Fixed Assets	11 058 000	7 148 000	5 436 000	6 793 000
Stock	3 347 000	3 347 000	2 307 000	2 311 000
Total Investments	0	0	0	0
Cash, Bank	5 934 000	4 220 000	10 905 000	7 197 000
Total Current Assets	21 798 000	16 796 000	18 290 000	20 578 000
Total Assets	32 855 000	23 944 000	23 727 000	27 371 000
Total Equity	16 135 000	13 513 000	11 911 000	10 844 000
Short-Term Group Debt	2 523 000	2 523 000	5 549 000	3 965 000
Total Long-Term Debt	9 860 000	2 914 000	1 983 000	6 742 000
Creditors	−21 000	2 099 000	1 403 000	2 200 000
Unpaid Taxes	1 281 000	1 108 000	1 050 000	1 572 000
Dividends	0	0	0	0
Other Current Debt	2 590 000	1 210 000	1 352 000	1 451 000
Total Current Debt	6 860 000	7 518 000	9 833 000	9 785 000
Total Equity and Debt	32 855 000	23 944 000	23 727 000	27 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,25 %	11,86 %	8,95 %	22,49 %
Debt-to-Equity Ratio	0,61	0,22	0,17	0,62
Operating Profit Margin	9,36 %	6,89 %	4,95 %	9,39 %
Current Ratio	3,18	2,23	1,86	2,1
Quick Ratio	6,2	4,03	2,43	2,75
Equity Ratio	0,49	0,56	0,5	0,4
Gross Profit Margin	70,37 %	73,17 %	70,89 %	74,65 %