TFS SERVICES AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

103,9 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 513 000	34 766 000	24 645 000	5 370 000
Net Income	2 768 000	4 556 000	3 666 000	360 000
Total Assets	14 738 000	14 114 000	12 748 000	3 217 000
Total Equity	2 664 000	1 396 000	1 860 000	1 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 513 000	34 766 000	24 645 000	5 370 000
Expenditure	31 761 000	28 866 000	20 127 000	4 955 000
Operating Profit	3 752 000	5 900 000	4 518 000	415 000
Financial Income	300 000	207 000	376 000	64 000
Financial Costs	487 000	260 000	194 000	27 000
Financial Balance	−187 000	−53 000	182 000	37 000
Earnings Before Tax	3 565 000	5 847 000	4 701 000	451 000
Tax	797 000	1 291 000	1 035 000	92 000
Net Income	2 768 000	4 556 000	3 666 000	360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	147 000	33 000	42 000	52 000
Total Current Assets	14 592 000	14 081 000	12 707 000	3 165 000
Total Assets	14 738 000	14 114 000	12 748 000	3 217 000
Total Retained Equity	1 864 000	596 000	1 020 000	354 000
Total Equity	2 664 000	1 396 000	1 860 000	1 194 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 074 000	12 718 000	10 888 000	2 023 000
Total Equity and Debt	14 738 000	14 114 000	12 748 000	3 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 513 000	34 766 000	24 645 000	5 370 000
Other Income	0	0	0	0
Revenue	35 513 000	34 766 000	24 645 000	5 370 000
Cost of Goods Sold	25 380 000	23 376 000	16 023 000	2 616 000
Salary Costs	3 505 000	2 994 000	2 367 000	957 000
Depreciation	37 000	8 000	10 000	13 000
Impairment	0	0	0	0
Expenditure	31 761 000	28 866 000	20 127 000	4 955 000
Operating Profit	3 752 000	5 900 000	4 518 000	415 000
Financial Income	300 000	207 000	376 000	64 000
Financial Costs	487 000	260 000	194 000	27 000
Financial Balance	−187 000	−53 000	182 000	37 000
Dividends	1 500 000	4 000 000	3 000 000	0
Net Income	2 768 000	4 556 000	3 666 000	360 000

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	0	0	0	0
Fixtures	147 000	33 000	42 000	52 000
Total Tangible Assets	147 000	33 000	42 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	147 000	33 000	42 000	52 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 726 000	5 718 000	2 346 000	1 078 000
Total Current Assets	14 592 000	14 081 000	12 707 000	3 165 000
Total Assets	14 738 000	14 114 000	12 748 000	3 217 000
Total Equity	2 664 000	1 396 000	1 860 000	1 194 000
Short-Term Group Debt	0	0	179 000	73 000
Total Long-Term Debt	0	0	0	0
Creditors	7 530 000	4 786 000	3 255 000	1 403 000
Unpaid Taxes	1 916 000	2 385 000	590 000	455 000
Dividends	1 500 000	4 000 000	3 000 000	0
Other Current Debt	332 000	256 000	2 830 000	0
Total Current Debt	12 074 000	12 718 000	10 888 000	2 023 000
Total Equity and Debt	14 738 000	14 114 000	12 748 000	3 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,9 %	326,36 %	197,1 %	30,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,57 %	16,97 %	18,33 %	7,73 %
Current Ratio	1,21	1,11	1,17	1,56
Quick Ratio	1,21	1,11	1,17	1,56
Equity Ratio	0,18	0,1	0,15	0,37
Gross Profit Margin	28,53 %	32,76 %	34,98 %	51,28 %