TSF SKOGAVVIRKNING AS

3360 GEITHUS

Finances

Share Ownership

Return on Equity

50,59 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 398 000	11 360 000	7 901 000	5 144 000
Net Income	1 378 000	341 000	782 000	202 000
Total Assets	5 865 000	2 784 000	2 195 000	1 224 000
Total Equity	2 724 000	1 346 000	1 004 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 398 000	11 360 000	7 901 000	5 144 000
Expenditure	20 619 000	10 916 000	6 897 000	4 879 000
Operating Profit	1 780 000	445 000	1 004 000	265 000
Financial Income	3 000	0	0	0
Financial Costs	16 000	7 000	2 000	5 000
Financial Balance	−13 000	−7 000	−2 000	−5 000
Earnings Before Tax	1 767 000	437 000	1 002 000	260 000
Tax	389 000	96 000	220 000	58 000
Net Income	1 378 000	341 000	782 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	982 000	840 000	592 000
Total Current Assets	5 780 000	1 802 000	1 355 000	632 000
Total Assets	5 865 000	2 784 000	2 195 000	1 224 000
Total Retained Equity	2 694 000	1 316 000	974 000	193 000
Total Equity	2 724 000	1 346 000	1 004 000	223 000
Total Long-Term Debt	135 000	150 000	174 000	121 000
Total Current Debt	3 006 000	1 288 000	1 017 000	880 000
Total Equity and Debt	5 865 000	2 784 000	2 195 000	1 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 529 000	10 975 000	7 561 000	5 098 000
Other Income	−132 000	386 000	340 000	46 000
Revenue	22 398 000	11 360 000	7 901 000	5 144 000
Cost of Goods Sold	9 426 000	6 186 000	2 160 000	553 000
Salary Costs	3 292 000	1 429 000	1 402 000	886 000
Depreciation	15 000	22 000	23 000	21 000
Impairment	0	0	0	0
Expenditure	20 619 000	10 916 000	6 897 000	4 879 000
Operating Profit	1 780 000	445 000	1 004 000	265 000
Financial Income	3 000	0	0	0
Financial Costs	16 000	7 000	2 000	5 000
Financial Balance	−13 000	−7 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	1 378 000	341 000	782 000	202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	69 000	24 000	154 000	45 000
Fixtures	16 000	0	12 000	24 000
Total Tangible Assets	85 000	24 000	166 000	69 000
Total Fiancial Fixed Assets	0	959 000	674 000	523 000
Total Fixed Assets	85 000	982 000	840 000	592 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 654 000	320 000	516 000	389 000
Total Current Assets	5 780 000	1 802 000	1 355 000	632 000
Total Assets	5 865 000	2 784 000	2 195 000	1 224 000
Total Equity	2 724 000	1 346 000	1 004 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 000	150 000	174 000	121 000
Creditors	1 406 000	757 000	444 000	355 000
Unpaid Taxes	623 000	208 000	274 000	100 000
Dividends	0	0	0	0
Other Current Debt	574 000	203 000	131 000	419 000
Total Current Debt	3 006 000	1 288 000	1 017 000	880 000
Total Equity and Debt	5 865 000	2 784 000	2 195 000	1 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,59 %	25,33 %	77,89 %	90,58 %
Debt-to-Equity Ratio	0,05	0,11	0,17	0,54
Operating Profit Margin	7,95 %	3,92 %	12,71 %	5,15 %
Current Ratio	1,92	1,4	1,33	0,72
Quick Ratio	1,92	1,4	1,33	0,72
Equity Ratio	0,46	0,48	0,46	0,18
Gross Profit Margin	57,92 %	45,55 %	72,66 %	89,25 %