TØNSETH MASKIN AS

2345 ÅDALSBRUK

Finances

Share Ownership

Return on Equity

20,62 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 075 000	12 273 000	12 178 000	10 542 000
Net Income	1 211 000	547 000	2 647 000	1 366 000
Total Assets	10 865 000	7 610 000	6 816 000	3 657 000
Total Equity	5 872 000	4 660 000	4 113 000	1 466 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 075 000	12 273 000	12 178 000	10 542 000
Expenditure	16 459 000	11 552 000	8 762 000	8 759 000
Operating Profit	1 617 000	720 000	3 416 000	1 783 000
Financial Income	12 000	3 000	1 000	0
Financial Costs	47 000	21 000	24 000	4 000
Financial Balance	−35 000	−18 000	−23 000	−4 000
Earnings Before Tax	1 582 000	702 000	3 394 000	1 779 000
Tax	371 000	154 000	747 000	413 000
Net Income	1 211 000	547 000	2 647 000	1 366 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 616 000	3 087 000	1 719 000	266 000
Total Current Assets	7 248 000	4 523 000	5 097 000	3 391 000
Total Assets	10 865 000	7 610 000	6 816 000	3 657 000
Total Retained Equity	5 772 000	4 560 000	4 013 000	1 366 000
Total Equity	5 872 000	4 660 000	4 113 000	1 466 000
Total Long-Term Debt	512 000	104 000	56 000	9 000
Total Current Debt	4 481 000	2 845 000	2 647 000	2 183 000
Total Equity and Debt	10 865 000	7 610 000	6 816 000	3 657 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	17 972 000	12 273 000	12 169 000	10 542 000
Other Income	103 000	0	9 000	0
Revenue	18 075 000	12 273 000	12 178 000	10 542 000
Cost of Goods Sold	7 000 000	4 402 000	4 205 000	4 703 000
Salary Costs	1 007 000	973 000	751 000	0
Depreciation	373 000	257 000	101 000	8 000
Impairment	0	0	0	0
Expenditure	16 459 000	11 552 000	8 762 000	8 759 000
Operating Profit	1 617 000	720 000	3 416 000	1 783 000
Financial Income	12 000	3 000	1 000	0
Financial Costs	47 000	21 000	24 000	4 000
Financial Balance	−35 000	−18 000	−23 000	−4 000
Dividends	0	0	0	0
Net Income	1 211 000	547 000	2 647 000	1 366 000

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	1 234 000	1 120 000	1 003 000	228 000
Fixtures	1 566 000	1 281 000	431 000	0
Total Tangible Assets	2 800 000	2 402 000	1 434 000	228 000
Total Fiancial Fixed Assets	816 000	685 000	285 000	39 000
Total Fixed Assets	3 616 000	3 087 000	1 719 000	266 000
Stock	211 000	174 000	30 000	0
Total Investments	0	0	0	0
Cash, Bank	26 000	639 000	610 000	148 000
Total Current Assets	7 248 000	4 523 000	5 097 000	3 391 000
Total Assets	10 865 000	7 610 000	6 816 000	3 657 000
Total Equity	5 872 000	4 660 000	4 113 000	1 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	512 000	104 000	56 000	9 000
Creditors	3 764 000	2 230 000	901 000	861 000
Unpaid Taxes	678 000	96 000	737 000	743 000
Dividends	0	0	0	0
Other Current Debt	376 000	96 000	310 000	174 000
Total Current Debt	4 481 000	2 845 000	2 647 000	2 183 000
Total Equity and Debt	10 865 000	7 610 000	6 816 000	3 657 000

Financial indicators	2021	2020	2019	2018
Return on Equity	20,62 %	11,74 %	64,36 %	93,18 %
Debt-to-Equity Ratio	0,09	0,02	0,01	0,01
Operating Profit Margin	8,95 %	5,87 %	28,05 %	16,91 %
Current Ratio	1,62	1,59	1,93	1,55
Quick Ratio	1,7	1,69	1,95	1,55
Equity Ratio	0,54	0,61	0,6	0,4
Gross Profit Margin	61,27 %	64,13 %	65,47 %	55,39 %