TRIUMPH EQ AS

1619 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

337,41 %

Current Ratio

1,38

Debt-to-Equity Ratio

−2,19

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 226 000	3 675 000	6 030 000	974 000
Net Income	−4 636 000	−221 000	216 000	4 000
Total Assets	3 260 000	7 920 000	6 879 000	411 000
Total Equity	−1 374 000	3 262 000	250 000	34 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 226 000	3 675 000	6 030 000	974 000
Expenditure	7 779 000	3 873 000	5 721 000	958 000
Operating Profit	−4 553 000	−199 000	311 000	16 000
Financial Income	4 000	11 000	16 000	0
Financial Costs	99 000	125 000	48 000	11 000
Financial Balance	−95 000	−114 000	−32 000	−11 000
Earnings Before Tax	−4 647 000	−313 000	278 000	5 000
Tax	−11 000	−92 000	62 000	1 000
Net Income	−4 636 000	−221 000	216 000	4 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 010 000	1 213 000	44 000	0
Total Current Assets	2 250 000	6 707 000	6 835 000	411 000
Total Assets	3 260 000	7 920 000	6 879 000	411 000
Total Retained Equity	−4 723 000	−87 000	220 000	4 000
Total Equity	−1 374 000	3 262 000	250 000	34 000
Total Long-Term Debt	3 003 000	3 539 000	13 000	206 000
Total Current Debt	1 630 000	1 119 000	6 616 000	171 000
Total Equity and Debt	3 260 000	7 920 000	6 879 000	411 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 226 000	3 609 000	6 025 000	974 000
Other Income	1 000	65 000	6 000	0
Revenue	3 226 000	3 675 000	6 030 000	974 000
Cost of Goods Sold	5 724 000	1 758 000	3 084 000	320 000
Salary Costs	591 000	601 000	702 000	157 000
Depreciation	274 000	226 000	6 000	0
Impairment	0	0	0	0
Expenditure	7 779 000	3 873 000	5 721 000	958 000
Operating Profit	−4 553 000	−199 000	311 000	16 000
Financial Income	4 000	11 000	16 000	0
Financial Costs	99 000	125 000	48 000	11 000
Financial Balance	−95 000	−114 000	−32 000	−11 000
Dividends	0	0	0	0
Net Income	−4 636 000	−221 000	216 000	4 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	939 000	1 113 000	44 000	0
Total Tangible Assets	939 000	1 113 000	44 000	0
Total Fiancial Fixed Assets	71 000	100 000	0	0
Total Fixed Assets	1 010 000	1 213 000	44 000	0
Stock	2 027 000	6 000 000	6 800 000	0
Total Investments	0	0	0	0
Cash, Bank	122 000	100 000	64 000	12 000
Total Current Assets	2 250 000	6 707 000	6 835 000	411 000
Total Assets	3 260 000	7 920 000	6 879 000	411 000
Total Equity	−1 374 000	3 262 000	250 000	34 000
Short-Term Group Debt	833 000	473 000	30 000	0
Total Long-Term Debt	3 003 000	3 539 000	13 000	206 000
Creditors	493 000	382 000	403 000	145 000
Unpaid Taxes	140 000	63 000	447 000	18 000
Dividends	0	0	0	0
Other Current Debt	165 000	199 000	5 686 000	6 000
Total Current Debt	1 630 000	1 119 000	6 616 000	171 000
Total Equity and Debt	3 260 000	7 920 000	6 879 000	411 000

Financial indicators	2021	2020	2019	2018
Return on Equity	337,41 %	−6,77 %	86,4 %	11,76 %
Debt-to-Equity Ratio	−2,19	1,08	0,05	6,06
Operating Profit Margin	−141,13 %	−5,41 %	5,16 %	1,64 %
Current Ratio	1,38	5,99	1,03	2,4
Quick Ratio	−5,67	−1,37	−37,15	2,4
Equity Ratio	−0,42	0,41	0,04	0,08
Gross Profit Margin	−77,43 %	52,16 %	48,86 %	67,15 %