TB ASSET AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

4,28 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	924 000	580 000	255 000	20 000
Net Income	8 000	92 000	41 000	−59 000
Total Assets	512 000	311 000	131 000	46 000
Total Equity	187 000	179 000	87 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	924 000	580 000	255 000	20 000
Expenditure	902 000	227 000	113 000	12 000
Operating Profit	21 000	354 000	142 000	7 000
Financial Income	6 000	0	1 000	4 000
Financial Costs	15 000	258 000	65 000	96 000
Financial Balance	−9 000	−258 000	−64 000	−92 000
Earnings Before Tax	12 000	96 000	77 000	−85 000
Tax	4 000	4 000	36 000	−26 000
Net Income	8 000	92 000	41 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	262 000	110 000	34 000
Total Current Assets	252 000	49 000	21 000	12 000
Total Assets	512 000	311 000	131 000	46 000
Total Retained Equity	57 000	49 000	−43 000	−84 000
Total Equity	187 000	179 000	87 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	324 000	132 000	44 000	0
Total Equity and Debt	512 000	311 000	131 000	46 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	924 000	580 000	255 000	20 000
Other Income	0	0	0	0
Revenue	924 000	580 000	255 000	20 000
Cost of Goods Sold	6 000	0	0	0
Salary Costs	656 000	165 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	902 000	227 000	113 000	12 000
Operating Profit	21 000	354 000	142 000	7 000
Financial Income	6 000	0	1 000	4 000
Financial Costs	15 000	258 000	65 000	96 000
Financial Balance	−9 000	−258 000	−64 000	−92 000
Dividends	0	0	0	0
Net Income	8 000	92 000	41 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	260 000	262 000	110 000	0
Total Fixed Assets	260 000	262 000	110 000	34 000
Stock	0	0	0	0
Total Investments	6 000	1 000	7 000	4 000
Cash, Bank	142 000	11 000	11 000	4 000
Total Current Assets	252 000	49 000	21 000	12 000
Total Assets	512 000	311 000	131 000	46 000
Total Equity	187 000	179 000	87 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	0	0
Unpaid Taxes	226 000	25 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	92 000	58 000	35 000	0
Total Current Debt	324 000	132 000	44 000	0
Total Equity and Debt	512 000	311 000	131 000	46 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,28 %	51,4 %	47,13 %	−128,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,27 %	61,03 %	55,69 %	35 %
Current Ratio	0,78	0,37	0,48	-
Quick Ratio	0,78	0,37	0,48	-
Equity Ratio	0,37	0,58	0,66	1
Gross Profit Margin	99,35 %	100 %	100 %	100 %