TS MOTOR AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

77,55 %

Current Ratio

12,68

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 311 000	5 958 000	5 991 000	5 997 000
Net Income	1 599 000	61 000	342 000	74 000
Total Assets	3 614 000	7 240 000	3 784 000	1 667 000
Total Equity	2 062 000	463 000	402 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 311 000	5 958 000	5 991 000	5 997 000
Expenditure	10 272 000	5 894 000	5 536 000	5 909 000
Operating Profit	2 155 000	64 000	456 000	87 000
Financial Income	36 000	28 000	2 000	0
Financial Costs	140 000	14 000	19 000	4 000
Financial Balance	−104 000	14 000	−17 000	−4 000
Earnings Before Tax	2 050 000	78 000	439 000	83 000
Tax	451 000	17 000	97 000	8 000
Net Income	1 599 000	61 000	342 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	2 972 000	116 000	53 000
Total Current Assets	3 475 000	4 268 000	3 668 000	1 615 000
Total Assets	3 614 000	7 240 000	3 784 000	1 667 000
Total Retained Equity	2 039 000	440 000	380 000	37 000
Total Equity	2 062 000	463 000	402 000	60 000
Total Long-Term Debt	1 279 000	4 880 000	3 067 000	1 098 000
Total Current Debt	274 000	1 897 000	315 000	509 000
Total Equity and Debt	3 614 000	7 240 000	3 784 000	1 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 249 000	5 823 000	5 929 000	5 997 000
Other Income	62 000	136 000	62 000	0
Revenue	13 311 000	5 958 000	5 991 000	5 997 000
Cost of Goods Sold	8 228 000	4 722 000	4 890 000	5 300 000
Salary Costs	13 000	1 000	2 000	2 000
Depreciation	101 000	50 000	4 000	13 000
Impairment	0	0	0	0
Expenditure	10 272 000	5 894 000	5 536 000	5 909 000
Operating Profit	2 155 000	64 000	456 000	87 000
Financial Income	36 000	28 000	2 000	0
Financial Costs	140 000	14 000	19 000	4 000
Financial Balance	−104 000	14 000	−17 000	−4 000
Dividends	0	0	0	0
Net Income	1 599 000	61 000	342 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 556 000	0	0
Machinery and Plant Facilities	0	80 000	95 000	53 000
Fixtures	139 000	0	21 000	0
Total Tangible Assets	139 000	2 636 000	116 000	53 000
Total Fiancial Fixed Assets	0	336 000	0	0
Total Fixed Assets	139 000	2 972 000	116 000	53 000
Stock	3 199 000	4 041 000	3 120 000	1 476 000
Total Investments	0	0	0	0
Cash, Bank	371 000	215 000	526 000	138 000
Total Current Assets	3 475 000	4 268 000	3 668 000	1 615 000
Total Assets	3 614 000	7 240 000	3 784 000	1 667 000
Total Equity	2 062 000	463 000	402 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 279 000	4 880 000	3 067 000	1 098 000
Creditors	93 000	551 000	18 000	3 000
Unpaid Taxes	183 000	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	−464 000	1 327 000	216 000	496 000
Total Current Debt	274 000	1 897 000	315 000	509 000
Total Equity and Debt	3 614 000	7 240 000	3 784 000	1 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,55 %	13,17 %	85,07 %	123,33 %
Debt-to-Equity Ratio	0,62	10,54	7,63	18,3
Operating Profit Margin	16,19 %	1,07 %	7,61 %	1,45 %
Current Ratio	12,68	2,25	11,64	3,17
Quick Ratio	−1,19	−1,99	−1,31	−1,67
Equity Ratio	0,57	0,06	0,11	0,04
Gross Profit Margin	38,19 %	20,75 %	18,38 %	11,62 %