TT SALG & SERVICE AS

3650 TINN AUSTBYGD

Finances

Share Ownership

Return on Equity

88 %

Current Ratio

4,06

Debt-to-Equity Ratio

5,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 929 000	3 476 000	2 599 000	2 140 000
Net Income	286 000	4 000	9 000	2 000
Total Assets	2 278 000	2 058 000	1 884 000	1 989 000
Total Equity	325 000	38 000	34 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 929 000	3 476 000	2 599 000	2 140 000
Expenditure	3 447 000	3 383 000	2 502 000	2 081 000
Operating Profit	482 000	93 000	97 000	59 000
Financial Income	0	0	0	0
Financial Costs	115 000	88 000	86 000	55 000
Financial Balance	−115 000	−88 000	−86 000	−55 000
Earnings Before Tax	367 000	5 000	10 000	4 000
Tax	81 000	1 000	1 000	2 000
Net Income	286 000	4 000	9 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 019 000	1 401 000	1 173 000	1 197 000
Total Current Assets	1 259 000	657 000	710 000	793 000
Total Assets	2 278 000	2 058 000	1 884 000	1 989 000
Total Retained Equity	295 000	8 000	4 000	−5 000
Total Equity	325 000	38 000	34 000	25 000
Total Long-Term Debt	1 643 000	1 700 000	1 537 000	1 293 000
Total Current Debt	310 000	319 000	312 000	671 000
Total Equity and Debt	2 278 000	2 058 000	1 884 000	1 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 234 000	3 476 000	2 599 000	2 124 000
Other Income	694 000	0	0	16 000
Revenue	3 929 000	3 476 000	2 599 000	2 140 000
Cost of Goods Sold	1 015 000	1 443 000	1 090 000	1 030 000
Salary Costs	1 339 000	1 015 000	708 000	587 000
Depreciation	397 000	354 000	288 000	149 000
Impairment	0	0	0	0
Expenditure	3 447 000	3 383 000	2 502 000	2 081 000
Operating Profit	482 000	93 000	97 000	59 000
Financial Income	0	0	0	0
Financial Costs	115 000	88 000	86 000	55 000
Financial Balance	−115 000	−88 000	−86 000	−55 000
Dividends	0	0	0	0
Net Income	286 000	4 000	9 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	115 000	129 000	144 000	110 000
Machinery and Plant Facilities	386 000	635 000	683 000	671 000
Fixtures	463 000	618 000	346 000	416 000
Total Tangible Assets	964 000	1 382 000	1 173 000	1 197 000
Total Fiancial Fixed Assets	55 000	19 000	0	0
Total Fixed Assets	1 019 000	1 401 000	1 173 000	1 197 000
Stock	74 000	165 000	200 000	200 000
Total Investments	0	0	0	0
Cash, Bank	546 000	308 000	383 000	420 000
Total Current Assets	1 259 000	657 000	710 000	793 000
Total Assets	2 278 000	2 058 000	1 884 000	1 989 000
Total Equity	325 000	38 000	34 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 643 000	1 700 000	1 537 000	1 293 000
Creditors	45 000	119 000	39 000	68 000
Unpaid Taxes	114 000	113 000	70 000	118 000
Dividends	0	0	0	0
Other Current Debt	151 000	87 000	203 000	485 000
Total Current Debt	310 000	319 000	312 000	671 000
Total Equity and Debt	2 278 000	2 058 000	1 884 000	1 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88 %	10,53 %	26,47 %	8 %
Debt-to-Equity Ratio	5,06	44,74	45,21	51,72
Operating Profit Margin	12,27 %	2,68 %	3,73 %	2,76 %
Current Ratio	4,06	2,06	2,28	1,18
Quick Ratio	5,33	4,27	6,34	1,68
Equity Ratio	0,14	0,02	0,02	0,01
Gross Profit Margin	74,17 %	58,49 %	58,06 %	51,87 %