TUNNEL SAFETY SYSTEM AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

72,36 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 000	0	200 000	330 000
Net Income	−89 000	−143 000	74 000	13 000
Total Assets	299 000	392 000	354 000	239 000
Total Equity	−123 000	−33 000	109 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	400 000	0	200 000	330 000
Expenditure	511 000	183 000	105 000	316 000
Operating Profit	−111 000	−183 000	95 000	15 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	−114 000	−183 000	95 000	15 000
Tax	−25 000	−40 000	21 000	1 000
Net Income	−89 000	−143 000	74 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	40 000	0	0
Total Current Assets	127 000	352 000	354 000	239 000
Total Assets	299 000	392 000	354 000	239 000
Total Retained Equity	−153 000	−63 000	79 000	5 000
Total Equity	−123 000	−33 000	109 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	421 000	425 000	245 000	203 000
Total Equity and Debt	299 000	392 000	354 000	239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	400 000	0	0	230 000
Other Income	0	0	200 000	100 000
Revenue	400 000	0	200 000	330 000
Cost of Goods Sold	1 000	183 000	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	0	0	0
Impairment	0	0	0	0
Expenditure	511 000	183 000	105 000	316 000
Operating Profit	−111 000	−183 000	95 000	15 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	−89 000	−143 000	74 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	40 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	0	0	0
Total Tangible Assets	107 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	172 000	40 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	152 000	354 000	239 000
Total Current Assets	127 000	352 000	354 000	239 000
Total Assets	299 000	392 000	354 000	239 000
Total Equity	−123 000	−33 000	109 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	18 000	4 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	412 000	408 000	220 000	201 000
Total Current Debt	421 000	425 000	245 000	203 000
Total Equity and Debt	299 000	392 000	354 000	239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,36 %	433,33 %	67,89 %	37,14 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−27,75 %	-	47,5 %	4,55 %
Current Ratio	0,3	0,83	1,44	1,18
Quick Ratio	0,3	0,83	1,44	1,18
Equity Ratio	−0,41	−0,08	0,31	0,15
Gross Profit Margin	99,75 %	-	100 %	100 %