TIAN UTVIKLING AS

8475 STRAUMSJØEN

Finances

Return on Equity

14,27 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	991 000	0	0
Net Income	−3 276 000	−11 327 000	−13 655 000	−4 061 000
Total Assets	35 105 000	31 960 000	39 344 000	24 599 000
Total Equity	−22 950 000	−19 674 000	−12 564 000	−2 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	991 000	0	0
Expenditure	977 000	9 486 000	12 024 000	2 528 000
Operating Profit	−965 000	−8 495 000	−12 024 000	−2 528 000
Financial Income	1 052 000	534 000	866 000	114 000
Financial Costs	3 363 000	2 979 000	2 497 000	2 526 000
Financial Balance	−2 311 000	−2 445 000	−1 631 000	−2 412 000
Earnings Before Tax	−3 276 000	−10 940 000	−13 655 000	−4 940 000
Tax	0	387 000	0	−879 000
Net Income	−3 276 000	−11 327 000	−13 655 000	−4 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 743 000	21 039 000	22 141 000	17 892 000
Total Current Assets	13 362 000	10 921 000	17 204 000	6 707 000
Total Assets	35 105 000	31 960 000	39 344 000	24 599 000
Total Retained Equity	−23 000 000	−19 724 000	−12 614 000	−2 764 000
Total Equity	−22 950 000	−19 674 000	−12 564 000	−2 714 000
Total Long-Term Debt	0	0	556 000	0
Total Current Debt	58 055 000	51 634 000	51 352 000	27 314 000
Total Equity and Debt	35 105 000	31 960 000	39 344 000	24 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	221 000	0	0
Other Income	13 000	770 000	0	0
Revenue	13 000	991 000	0	0
Cost of Goods Sold	11 000	158 000	0	0
Salary Costs	0	275 000	0	0
Depreciation	0	0	0	0
Impairment	0	30 000	0	0
Expenditure	977 000	9 486 000	12 024 000	2 528 000
Operating Profit	−965 000	−8 495 000	−12 024 000	−2 528 000
Financial Income	1 052 000	534 000	866 000	114 000
Financial Costs	3 363 000	2 979 000	2 497 000	2 526 000
Financial Balance	−2 311 000	−2 445 000	−1 631 000	−2 412 000
Dividends	0	0	0	0
Net Income	−3 276 000	−11 327 000	−13 655 000	−4 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	518 000
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	21 743 000	21 039 000	22 141 000	17 374 000
Total Fixed Assets	21 743 000	21 039 000	22 141 000	17 892 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 032 000	104 000	35 000	5 000
Total Current Assets	13 362 000	10 921 000	17 204 000	6 707 000
Total Assets	35 105 000	31 960 000	39 344 000	24 599 000
Total Equity	−22 950 000	−19 674 000	−12 564 000	−2 714 000
Short-Term Group Debt	58 050 000	47 642 000	51 291 000	27 290 000
Total Long-Term Debt	0	0	556 000	0
Creditors	5 000	33 000	62 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	3 959 000	0	0
Total Current Debt	58 055 000	51 634 000	51 352 000	27 314 000
Total Equity and Debt	35 105 000	31 960 000	39 344 000	24 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,27 %	57,57 %	108,68 %	149,63 %
Debt-to-Equity Ratio	−0	−0	−0,04	−0
Operating Profit Margin	−7 423,08 %	−857,21 %	-	-
Current Ratio	0,23	0,21	0,34	0,25
Quick Ratio	0,23	0,21	0,34	0,25
Equity Ratio	−0,65	−0,62	−0,32	−0,11
Gross Profit Margin	15,38 %	84,06 %	-	-